Treasury Associate
Job Description
<strong>NEOM is a new vision of what the future could be. It’s an attempt to do something that’s never been done before and it’s coming at a time when the world needs fresh thinking and new solutions. Put simply, NEOM will not only be a destination, but a home for people who dream big and who want to be part of building a new model for sustainable living. NEOM will be a hub for innovation, where established global businesses and emerging players can research, incubate, and commercialize groundbreaking technologies to accelerate human progress.</strong><p><br></p><strong>Role Purpose</strong><p><br></p>Responsible for providing execution support for treasury activities including cash management, operational payments, reconciliations, reporting to internal correspondents, and active participation/communication with sectors and regions<p><br></p><strong>Performance Measures (KPIs)</strong><p><br></p><ul><li>Submission of monthly Treasury Report within a specified time from month end</li><li>Effective cash positioning and optimization of investment returns</li><li>Contribution to treasury initiatives execution</li></ul><p><br></p><strong>Key Responsibilities</strong><p><br></p><ul><li>Understand and analyse cash flow forecasts and support managers in identifying funding gaps and requirements</li><li>Identify the requirements to develop new banking relationships for new account requirements, manage payments and extend lines of credit</li><li>Prepare cash management reports for submission to management, auditors, investors, and key stakeholders</li><li>Supports payments processing, reconciliation of collections, and bank balance reconciliations</li><li>Support on execution and documentation of risk management and hedging activities as well as front office tasks such as FX/Interest rate/investments transactions</li><li>Support in the execution of treasury tasks as per treasury policies and processes</li><li>Support in the implementation of new treasury initiatives and technology solutions</li></ul>
