Treasury Officer

We are looking for a detail-oriented and proactive Treasury Officer to join our accounting team.

The ideal candidate is someone who’s capable to handle the below responsibilities:

• Review company revenue, payments and debts regularly; monitor balance sheet forecasts, analyze performance variances, and recommend corrective actions.
• Identify and recommend liquidity opportunities and investment programs that enhance liquidity, reduce cost, and diversify funding sources.
• Review assets and liabilities, calculate expenditure estimates, and assist the Treasury Manager in preparing the budget.
• Monitor and forecast daily Group cash flows and provide insights into financial needs to support decision-making.
• Forecast financing interest expense and recommend ways to maintain appropriate balances while minimizing excess cash.
• Follow bank account movements, control SWIFT transfers and payments daily, and reconcile bank accounts when needed.
• Ensure proper cash management by meeting daily funding requirements in various currencies.
• Monitor the company’s liquidity position and ensure proper implementation of investment and borrowing strategies.
• Negotiate loan conditions with lenders, prepare necessary documents, and manage lines of credit, including draws, payments, and interest exposure.
• Recommend and support improved cash collection and reconciliation processes to enhance efficiency and accuracy.
• Manage financial records, including insurance policies, debt records, bank accounts, and tax accounts.
• Coordinate with the Accounting Department and act as a liaison between Treasury, Accounting, and the Pharma Legal Entity.
• Build and maintain relationships with banks and financial institutions, negotiate banking fees, and manage bank accounts.
• Maintain a deep understanding of the AP and AR modules to assist the Treasury Manager in daily activities.
• Ensure compliance with company policies, procedures, and regulatory requirements, including applicable local and international financial laws.
• Generate cash flow, AR, and AP reports and financial reports from the system, and prepare presentations for senior management.
• Review and submit monthly bank reporting deliverables, including the borrowing base calculation and financial reporting package.
• Assist in preparing official statements and related reports, and submit them by required deadlines.

Qualifications

5-8 years’ experience in similar position

Bachelor’s degree in business administration. Knowledge in Accounting practices

Excellent commands of English and Arabic, French is a plus

Excellent skills in Microsoft Excel