Treasury Analyst, Qatar

Overview

NES Qatar is working exclusively with an Oil and Gas client in Qatar to hire multiple Treasury Analysts for its Finance department. Responsibilities

Accounting / Reconciliations :

Supervise the accounting function for Treasury Instruments (Assets and Liabilities) like cash, loans & investments, borrowings, to ensure that the company's financial statement reporting is compliant with IFRS Standards and accurate. Ensure that all compliance, payment, and administration requirements in relation to bonds, swaps and other loan derivative instruments are met in order to mitigate the risk of default under loan and derivative contracts. Supervise Treasury Back Office Operations including Bank Statement uploading into SAP, Bank Reconciliations, clearing of outstanding items and dashboard KPIs reporting to ensure within the agreed turnaround time. Monitoring supporting documentation to ERP transactions, ensuring accurate record keeping for financial reporting purposes. Upload daily bank statements and perform reviews for unanticipated transactions and posting entries into the general ledger. Demonstrate deep project management and change management skills to assist in automation of accounting and reconciliation processes. Lead and act as the focal point for Treasury periodical / annual audit reviews and requirements from Internal Audit, External Audit, State Bureau Audit and Quality Audit. Support with External and Internal Audits and work alongside the financial reporting team to deliver Statutory and Management Reporting. Ensure that all compliance requirements for Group Treasury banking transactions, investments, purchase cards based on the company's approved policies and procedures are met through the implementation of controls and reporting. Collaborate with other corporate functions and banks to resolve IT, accounting, reconciliation and control related issues. Payments / Settlements :

Supervise cash / interbank transfers, Treasury funding / deals settlements function to ensure that all payment / settlement requests for the company Group are planned, properly approved, and timely executed based on authorized payment requests, and to ensure all governance are complied. Transaction processing : Ensuring funds arrive on time and to the correct counterparty. Trade Confirmations : Confirming derivative trades with banking partners. Demonstrate deep project management and change management skills to assist in automation of payment and settlement processes. Review and endorse all high value payment requests prior to approval by management. Settlement instructions : Providing settlement instructions for continuous delivery of cashflows. Identify, analyse, recommend and execute proposed fixed term deposits. Collaborate with other corporate functions and banks to resolve IT, payment, settlement and control related issues. Ad Hoc – non treasury related :

Coordinate the business continuity for Group Treasury to avoid losses arising from non-continuation due to SAP system down, unforeseen natural disasters, and attacks. Develop appropriate processes and coordinate between various company business process owners and JVs / subsidiaries to identify, monitor, report and mitigate these risks impacting the company's reputation. Strong KYC knowledge, understanding the complex nature of maintaining, opening new entities and bank accounts across multiple global jurisdictions. Ensure that all compliance requirements for Group Treasury banking transactions, investments, purchase cards based on the company's approved policies and procedures, are met through the implementation of controls and reporting. Oversee the management of purchase card signatories and limits. Supervise and monitor the regular upkeep and maintenance of Bank and Treasury related General Ledger master data in SAP whenever there is new set-up of companies, banking relationship, counterparties, under the company. Assist / back up to review cash / interbank transfers, Treasury fundings / deals settlements function to ensure that all payment / settlement requests for Group are planned, properly approved, and timely executed based on authorized payment requests, and to ensure all governance are complied. Collaborate with other corporate functions and banks to resolve ad hoc Treasury queries. Execute effective daily cash management strategy, liquidity planning and funding activities across entities and geographies to ensure sufficient funds for daily operations, cash calls requirements, intercompany transfers, and investments of surplus funds. Education Requirements

Bachelor’s degree in Finance, Accounting, Economics, or a related field. Professional certification such as CFA, ACT, CTP, Chartered Accountant or equivalent is highly preferred. Please send your CV to NES Fircroft is the world's leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Chemicals, Construction & Infrastructure, Life Sciences, Mining and Manufacturing sectors worldwide. We offer contractors more than a traditional recruitment service, supporting with everything from securing visas and work permits, to providing market-leading benefits packages and accommodation, ensuring they are safely and compliantly able to support our clients.

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