Analyst – Treasury Back Office

Al Ghurair; Islamabad; On-site; PKR 1,800,000 - 3,200,000; Full time

Job summary

Al Ghurair in Islamabad is seeking a Treasury Back Office Analyst to handle processing, settlement, validation, documentation and accounting for treasury products. You will ensure all back-office activity follows approved policies and maintain uninterrupted banking transactions.

The role requires 5+ years in corporate treasury, strong accounting skills and ERP knowledge, with emphasis on MS Office/Excel, combined with excellent communication across all levels.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• 5+ years of experience in corporate treasury.
• Knowledge of international standard banking practices and international trading.
• Strong technical accounting skills and advanced MS Office, especially Excel.
• Working knowledge of ERP systems, preferably Microsoft Dynamics.
• Strong communication and interpersonal skills, with the ability to work with people at all levels.
• UAE/GCC banking experience preferred.

Responsibilities

• Process and settle treasury products with accurate validation, documentation and accounting.
• Open and close bank accounts, prepare signing mandates, and manage signatory changes with the right authorizations and supporting documents.
• Manage KYC with banks and business units, including FATCA and CRS compliance.
• Prepare request letters and documentation for loan drawdowns, rollovers, and early or partial settlements.
• Prepare bank reconciliations and follow up on uncleared receipts and payments.
• Handle FX and inward/outward remittances, and resolve payment issues with banks.
• Maintain loan details, monthly repayments, accruals, interest payments and intercompany interest accruals in the system, and keep forex rates updated in the ERP.
• Verify interest and bank charges, and provide bank balance confirmations to auditors on time.
• Issue corporate credit cards and E-Dirham cards, and provide monthly statements to users.
• Build and maintain strong relationships with banks and BU finance and operations teams, and resolve issues quickly.
• Help improve controls and processes: find bottlenecks, streamline workflows, spot automation and digitalization opportunities, and support cost-saving initiatives on bank charges and borrowing interest.

Skills

Excel

Accounting

Communication skills

ERP systems

MS Office

Education

Bachelor’s degree in Accounting or Finance

Tools

Microsoft Dynamics

Job description

About the role

We’re looking for a Treasury Back Office Analyst to handle the processing and settlement of treasury products, including validation, documentation, settlement and accounting. You will make sure all treasury back-office activity follows approved policies and guidelines, and keep banking transactions running without interruption.

What you’ll do

• Process and settle treasury products with accurate validation, documentation and accounting.
• Open and close bank accounts, prepare signing mandates, and manage signatory changes with the right authorizations and supporting documents.
• Manage KYC with banks and business units, including FATCA and CRS compliance.
• Prepare request letters and documentation for loan drawdowns, rollovers, and early or partial settlements.
• Prepare bank reconciliations and follow up on uncleared receipts and payments.
• Handle FX and inward/outward remittances, and resolve payment issues with banks.
• Maintain loan details, monthly repayments, accruals, interest payments and intercompany interest accruals in the system, and keep forex rates updated in the ERP.
• Verify interest and bank charges, and provide bank balance confirmations to auditors on time.
• Issue corporate credit cards and E-Dirham cards, and provide monthly statements to users.
• Build and maintain strong relationships with banks and BU finance and operations teams, and resolve issues quickly.
• Help improve controls and processes: find bottlenecks, streamline workflows, spot automation and digitalization opportunities, and support cost-saving initiatives on bank charges and borrowing interest.

What we’re looking for

• Bachelor’s degree in Accounting or Finance.
• 5+ years of experience in corporate treasury.
• Knowledge of international standard banking practices and international trading.
• Strong technical accounting skills and advanced MS Office, especially Excel.
• Working knowledge of ERP systems, preferably Microsoft Dynamics.
• Strong communication and interpersonal skills, with the ability to work with people at all levels.
• UAE/GCC banking experience preferred