TREASURY ANALYST (MIDDLE OFFICE)

Qatar Energy; Doha; On-site; QAR 200,000 - 400,000; Full time

Job summary

A leading energy company in Doha seeks an experienced Cash Management professional to oversee payment processing and optimize liquidity management. Candidates should have over 10 years of experience in finance, preferably in the oil and gas sector, and possess a relevant bachelor's degree with professional qualifications. The role emphasizes cash flow forecasting and intercompany funding strategies, offering a competitive salary in a dynamic environment.

Qualifications

• 10-15 years of experience in medium to large organizations.
• Prior experience in oil and gas industry preferred.
• Strong understanding of cash management and financial reporting.

Responsibilities

• Ensure payment requests are funded on time.
• Monitor daily cash balances and transfers.
• Prepare daily cash position and monthly cash forecasts.

Skills

Cash management expertise

Financial analysis

MS Office proficiency

Leadership skills

Education

Bachelor's in Finance/Commerce/Business/Accounting

Certified Public Accountant/Chartered Accountant

Tools

SAP

ERP systems

Job description

Overview
To perform Cash Management function to ensure all payment requests are funded timeously and excess liquidity is invested to maximize returns.

Principal Accountabilities:

1. Ensure all payment requests are funded timeously.

2. monitor cash balances and transfers on daily basis.

3. prepare Daily Cash Position and Monthly Cash Forecast reports.

4. Actively co-ordinate and communicate with management of JVs, Subsidiaries and QP Divisions & Departments to ensure timely provision of data for the Monthly Cash Flow Forecast.

5. Initiate, propose and execute strategies to further automate the Cash Management function.

6. Before funding, ensure that the appropriate approval in the form of signed Memo, Board Resolutions, Agreements, etc is in place.

7. Optimize intercompany funding and lending activities and make recommendations on optimal funding mechanism.

8. Assess Treasury market risk, counterparty exposure, policy compliance, budgeting, and management reporting. As well as manage the overall counterparty limits on the Financial Instruments of the Group. Generate report of the Financial Instruments on a regular basis. Monitor and action items per covenants on timely basis.

9. Prepare an analysis of the Cash balances and movement per entity on Weekly basis and propose for investment of the excess cash.

10.Co-ordinate with Treasury Back Office (BO) to process transfer and FD and FX instructions.

Experience

• At least 10-15 years of experience in medium to large organization with adequate exposure to accounting & finance functions. Previous experience in similar capacity in an oil and gas industry would be an advantage
• Knowledge of systems in a computerized business environment which includes knowledge and experience in MS Office packages, SAP or similar advanced ERP systems.
  • Excellent people management, leadership and coaching skills.
    
    Qualifications
    
    • Bachelors in Finance/Commerce / Business / Accounting and globally accepted professional qualifications like a Certified Public Accountant / Chartered Accountant / Cost & Management Accountant / Chartered Financial Analyst etc.