Treasury & Reporting Analyst (SAP)
Vacancy Number: PUB410588
Qatar, Doha, .
Fulltime: 54 hrs a week
Experience: 5 years
Closing: 18 September 2024
Introduction
- Ensures efficient and timely handling of treasury operations activities.
- Drive improvements and best practices related to Treasury processes, such as cash management, forecasting & reporting.
- Provide operational support to the Lead, Treasury on a timely basis.
About this role
- HSE
- Knowledge and observance of Company HSE policy, rules, and procedures.
- Ensure all activities and work under the responsibility of the Finance division are performed with an Incident Free mindset.
- Cash Management & Reporting:
- Prepare the Fixed Deposit forecasts, proposals, recommendations, and reporting.
- Negotiate Interest rates with approved banks to ensure optimum cash management.
- Conduct the vendor payments analysis on a monthly basis to ensure the cash forecasts accuracy
- Analyze the root cause of pending payments and coordinate the resolution of the aged items.
- Prepare the Shareholders Cash Distribution forecast & analysis in coordination with FP to accurately estimate the Advances to Shareholders (per the Cash Advance Agreement) and coordinate the payments entries with GA.
- Prepare and present the Treasury dashboard and performance metrics
- Liaise and resolve issues regarding banking activities and corporate credit cards together with relevant internal departments.
- Cash Forecasting & Analysis:
- Prepare the short-term cash forecasts in collaboration with cross-functional teams (e.g., Financial Planning, Cost Control, C&P, MP, and HR) to estimate NOC cash requirements and the closing cash position (MCB).
- Conduct the variance analysis on the short-term cash flow forecast
- Analyze & report the expected cash requirements based on information from SAP and inputs from other departments.
- Prepare the Cash Analysis Reports ITD/YTD (Cash Evolution, weekly/monthly performance & trends) to identify and recommend remedies and improvement opportunities.
- Prepare and update the Daily Cash Balances Report, monitor the funds' movement to ensure the Minimum Cash Balance (MCB) is maintained in a day-by-day basis.
- Consult financial literature to analyze financial data, industry trends and best practices, e.g., Interest rates, foreign exchange rates (FX), Commodity market, e.g., Crude Oil Prices.
- Assist in developing and maintaining the Finance Integrated Dashboard and information systems
- Conduct analyses to quantify and assess risk to business operations, using statistical analysis tools and the NOC risks model, e.g., Interest rate / FX risk.
- Policies & Procedures
- Assists in the development and update of all Treasury related policies & procedures, ensuring that they meet accounting best practices, statutory requirements and changing business requirements,
- Compliance with Governance framework and documents, e.g., DFA, JVA, Escrow a/c & CAA agreements,
- Continuously seeks to optimize areas within Treasury.
- Other
- Perform any ad-hoc tasks as assigned by Lead, Treasury.
- Preparation of various reports as and when required.
- Collaborate on projects with internal and external stakeholders
- Responsible for the timely reporting of Cash Management activities.
- Act as a backup for other team members when required.
Requirements
- Experience in cash management; knowledge of financial instruments for cash optimization
- Knowledge of accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
- Experience on SAP, e-banking solutions, and MS Office suite.
- Critical thinking and analytical skills
- Communication and interpersonal skills
- Qualification: Bachelor’s degree in Accounting / Finance / Economics
- Professional Experience: A minimum of 5 years of experience in a similar field within Finance
What we offerÂ
- Salary:
- Day Rate in USD Plus Allowance
- Work Schedule:
- 9 Hours / 6 Days
- Duration:
- 12 Months with possible extension
- Location:
- Qatar
About Brunel
Brunel is a recruitment and flexible workforce solution provider which connects talented people with opportunities throughout Australasia and around the world. We specialise in highly skilled roles across a variety of technical, professional, trade and craft disciplines, pairing candidates with industry-leadi ng projects and organisations on a contract, permanent or secondment basis.
Operating locally since 1997, Brunel has major bases of operation in Perth, Sydney, Brisbane and Port Moresby, which are further backed by the strength and reach of a truly global network spanning over 45 countries, 120 offices and 45 years of successful operation.
Brunel is proud to be equal opportunity employer and encourages applications from Aboriginal and Torres Strait Islander and female candidates