Treasury Officer

Line of Service
Internal Firm Services
Industry/Sector
Not Applicable
Specialism
IFS - Finance
Management Level
Associate
Job Description & Summary
The Treasury and Bank Team is a key team within the Finance function in PwC
ME. The role ensures all day to day activities are completed on time and
according to approved process. Ensures adherence of the function to PwC
approved accounting principles, established procedures, departmental
guidelines, and regulatory requirements applicable to the work.
Responsible for relationships for the region. Optimises available cash
balances across the region, transfers balances to /from territories according
to need.
Primary duties and responsibilities
Financial
* Conduct all activities with a view to optimising ME resources, with the aim to minimise interest and bank charges
Support development of forward looking cash plan, anticipating changes in cash
balances and planning coverage by facilities Support management of all
regional bank accounts, supports opening and closing of accounts across the
region and manages data within appropriate systems
* Processes bank guarantee requests from LoS Finance Partners or Client Staff
* Reviews outstanding guarantees and flag to where reclaims are overdue
* Collate and report on weekly cash position review from each territory
* Consolidate all surpluses and deficits for each territory, with all surpluses transferred to central, and all deficits covered by central
Customer Support treasury activities for all territories, ensuring that they
are able to conduct local activities e.g. payroll efficiently each month
Support Leader in working closely with LoS Finance Partners as appropriate on
any LoS related Treasury / cash issues
* Work closely with other Finance & Accounting Teams (.e.g. AP) to understand their activities and to ensure the correct accounting treatment is applied to their activities
* Contribute to ensuring the provision of high quality treasury services
Internal Process
* Ensure adherence to PwC approved accounting standards and principles
* Coordinate activities with other departments and workgroups as needed
* Support analysis of Treasury & Bank processes efficiency, identifying improvement initiatives
* Assist in developing treasury reports on a periodic basis for senior management as needed
* Monitor financial and economic market trends including interest rates, foreign exchange rates, etc.

Learning & Growth
* Ensures adherence to PwC approved accounting standards and principles; ensures maintenance of proper audit trails and verification and reconciliation actions for all processed work
* Responsible for management of workloads as appropriate
* Responsible for the continuing professional development of self
* Establish a healthy work environment for employees on the team
* Act as a key resource and liaison to other functional areas of the business, building cross-functional relationships as needed
Knowledge, skills, and abilities

Education
* Bachelor's Degree in Business Administration, Accounting, Finance or related field required
Language
* Fluency in spoken and written English and Arabic is essential
Overall Experience
* ‎2+ years of experience in a treasury function

Specific Experience
* Experience with treasury operation
* Experience with funds allocation, working capital, foreign exchange management and bank guarantees

Knowledge and Skills
* Knowledge of capital structures management
Knowledge of liquidity analysis and optimization techniques Knowledge of
financial risk management and hedging tools Excellent financial, statistical
and analytical skills
* Exposure to financial market trends (e.g. current risks, interest rate risks) and treasury products
* Understanding of general/international accounting standards and practices
* Organization, thoroughness, eye for detail, time management skills and proactivity
* Strong verbal and written communication skills
* Ethical Conduct
Education (if blank, degree and/or field of study not specified)
Degrees/Field of Study required:
Degrees/Field of Study preferred:
Certifications (if blank, certifications not specified)
Required Skills
Optional Skills
Desired Languages (If blank, desired languages not specified)
Travel Requirements
Available for Work Visa Sponsorship?
Government Clearance Required?
Job Posting End Date