Treasury Associate || Off Roll

Job Description Job Title Treasury - AM, SL & WL Level Junior Function Finance - Treasury Reporting Manager Treasury Manager Role Objective The primary objective of the Junior Treasury Team Member is to assist in the operations and management by executing transactional tasks related to letters of credit, bank guarantees, ensuring compliance with established procedures and enhancing efficiency and provide support for process automation initiatives within the Finance function of the GCC. Key Responsibilities - Execute the issuance and closure of domestic letters of credit, ensuring compliance with regulatory standards and company policies.

- Accurately record and track domestic bank guarantees, including their issuance, amendment, and closure, ensuring all documentation is precise and up-to-date.

- Assist in the lodgement of domestic letter bills and ensure timely and accurate payment processing.

- Monitor transaction workflows to ensure complete and timely execution, minimizing discrepancies or delays

- Documentation Management: Maintain organized records of banking activities and transactions. Maintain and update treasury databases and spreadsheets, ensuring the accuracy of data and ease of access for reporting and audits.

- Establish clear communication lines with internal stakeholders and external banking partners to ensure seamless transaction processes.

- Report any issues or discrepancies in real-time to senior team members for prompt resolution.

- Data Entry and Validation: Ensure accurate entry of banking-related data into financial systems.

- System Utilization: Utilize banking software and tools for transaction processing and reporting.

- Support ongoing initiatives aimed at standardizing procedures and enhancing the overall efficiency of transactional operations. Job Specifications Experience -Junior WL- 0 to 2 years of previous experience in accounting or finance related field with minimum 1 year in banking
-Junior SL - 2 to 3 years of previous experience in accounting or finance related field with minimum 2 year in banking -Junior AM - 3 to 4 years of previous experience in accounting or finance related field with minimum 3 year in banking, ideally within the steel and power industries. - Familiarity with basic accounting principles and processes is advantageous" Qualification - Bachelor’s degree in Finance, Commerce, or a related field. Certifications - Foundational course in finance or treasury is advantageous. Competencies Behavioural - High attention to detail and commitment to accuracy. - Proactive attitude and readiness to learn and adapt to new processes. - Excellent organizational and time management skills, with the ability to prioritize workload effectively - Ability to work collaboratively in a team environment and communicate effectively with colleagues Functional - Basic understanding of treasury functions and transaction processing. - Strong working knowledge of Power BI for visualization and dashboard creation is required Technical - Competency in using financial software and tools, particularly Excel. - Basic knowledge of financial documents and terminology