13 Treasury Accountant jobs in Qatar

Job Description

1. JOB DETAILS :

Position Title : Senior Treasury Accountant

Reports to : Treasury and Venture Manager

2. JOB PURPOSE :

To coordinate all day-to-day treasury operations related to managing the investment portfolio by assessing new investment opportunities, managing liquidity, company bank accounts, deposit placements, company corporate credit cards, hedging, and managing financial risks, so that QAPCO, QATOFIN, and QVC funds are protected against any financial risks.

3. JOB DIMENSIONS :

Number of Staff Supervised and Financial dimensions :

Direct Reports :

Total :

Financial Dimensions :

4. KEY ACCOUNTABILITIES :

Treasury Management

Monitor the company's cash position, providing the Treasury and Venture Manager with daily cash position reports and recommending necessary cash management actions.

Maintain the company's proprietary investments portfolio, deposits, and carry out all tasks related to booking, renewal, and liquidation of those investments.

Maintain the company's loan portfolio and carry out all tasks related to recording, debt servicing, and settlement of any loans.

Maintain the company's hedging portfolio and carry out tasks related to recording, prospective and retrospective effectiveness testing, monthly marking to market, and settlement.

Maintain the company's Foreign Exchange SPOT transactions and carry out all related operations.

Book all Treasury transactions involving banks, deposits, FX, bank charges, and interests to ensure they are properly recorded and reconciled.

Verify/upload payment batches to e-banking gateways and daily foreign exchange rates received from banks.

Verify receivables application, adjustments, and reconciliation as per QAPCO, QATOFIN, and QVC policies.

Banks Reconciliation

Complete bank reconciliation processes for all companies (QAPCO, QATOFIN, and QVC), ensuring accuracy and timeliness, maintaining the integrity of treasury records.

Report and resolve discrepancies promptly with banks and other stakeholders.

Relationships with Banks

Monitor the processing and issuance of checks and letters for bank transfers and drafts to ensure activities align with treasury plans and objectives.

Manage banking transactions in accordance with organizational policies, monitor balances daily, and recommend transfers between accounts to optimize cash use for QAPCO, QATOFIN, and QVC.

Build and foster relationships with banks to obtain favorable arrangements on transactions.

Managing Stakeholders

Establish effective relationships with banks, financial, and credit institutions to secure the company's planned financial needs, limiting exposure to liabilities and assets.

Policies, Systems, Processes & Procedures

Follow all relevant departmental policies, processes, standard operating procedures, and instructions to ensure controlled and consistent work execution.

Quality, Health, Safety & Environment

Ensure adherence to all relevant quality, health, safety, and environmental procedures and controls to guarantee employee safety, product/service quality, and environmental compliance.

Statements and Reports

Assist in preparing timely and accurate departmental statements and reports, including the Monthly Cash Flow Forecasting Report.

Perform other related duties or assignments as directed.

5. COMMUNICATIONS & WORKING RELATIONSHIPS :

Internal : Treasury and Venture Manager, Disbursement Coordinator, Senior Treasury Coordinator (Accounts Payable)

External : External auditors, bank representatives, financial and investment institutions, financial consultants

6. CONTEXT & WORK ENVIRONMENT :

The role involves monitoring and implementing treasury operations for QAPCO, QATOFIN, and QVC, focusing on managing short-term investments, with long-term investment planning managed by QatarEnergy.

8. QUALIFICATIONS, EXPERIENCE & SKILLS :

Minimum Qualifications :

Bachelor's degree in accounting, finance, or professional accounting qualifications like CA, CFA, CPA, ACCA.

Minimum Experience :

5 years of relevant accounting experience, preferably in the Oil and Gas/Petrochemical industry.

Job-specific skills include advanced financial analysis, in-depth knowledge of financial planning and treasury management standards, statutory considerations, and treasury accounting, as well as excellent English language skills, relationship-building skills, and advanced information system management skills related to treasury modules.

Job Description:

The incumbent will serve as the product expert of cash management services and will work closely with the Business Units in meeting cash management needs of corporate clients. The incumbent will liaise with the respective stakeholders for identification of opportunities in terms of customized cash management services and support in increasing product penetration and profitability. The incumbent will support the Manager - Cash Management Services in business enhancement, cross sales, customer retention efforts, enhanced service delivery, and support in product development and management efforts of value-added/customized cash management services.

Role:

Analysis for Cash Management products

Extend support to the Manager-Cash Management Services and Product Manager in digital product Development

Enhancement, product bundling capabilities, and support in commercialization process

Experience:

06-10 years of total experience in financial services/banking industry, entailing responsibilities pertaining to the specific area of discipline.

Significant experience in Cash Management services sales and support.

Job Description:

The incumbent will serve as the product expert of cash management services and will work closely with the Business Units in meeting cash management needs of corporate clients. The incumbent will liaise with the respective stakeholders for identification of opportunities in terms of customized cash management services and support in increasing product penetration and profitability. The incumbent will support the Manager – Cash Management Services in business enhancement, cross sales, customer retention efforts, enhanced service delivery, and support in product development and management efforts of value-added/customized cash management services.

Role:

Analysis for Cash Management products

Extend support to the Manager-Cash Management Services and Product Manager in digital product Development

Enhancement, product bundling capabilities, and support in commercialization process

Experience:

06-10 years of total experience in financial services/banking industry, entailing responsibilities pertaining to the specific area of discipline.

Significant experience in Cash Management services sales and support.

Role Objective:

The incumbent will be charged with the overall responsibility of planning and leading the Cash Management service vertical of Wholesale banking function, in close coordination with the Department Head Global Transaction Banking. The incumbent will monitor and manage the team for achieving profitability / P&L targets, and service delivery to meet complex cash management needs of corporate clients through correspondent banking services, local/international fund transfers, WPS payment, credit management, cash collection, Bill payments and other e-banking services. The jobholder will guide the team in liaison efforts with other WB Business Units, and operational teams in business enhancement/customer retention efforts and enhanced service delivery.

Detailed Roles and Responsibilities:

• Work closely with the Head - Global Transaction Banking in formulation and implementation of the Cash Management services strategy.
• Ensure the implementation of the strategy, annual business plans, budgets, policies and procedures of the Cash Management services function.
• Drive the profitability / P&L targets of the section through completing sales, service management, and business development of existing and new corporate clients.
• Monitor the activities of the team, ensuring that the Cash Management Service business plans are within budgets and timescales.
• Update self on the current industry trends, economic events, competitive environment, regulatory/government requirements and, update the management to implement adequate changes, in term of country specific deliverables.

Educational Qualifications:

• University graduate with a degree in Business or Banking or Finance or any other related discipline.
• Master's degree in Management any other related discipline will be an added advantage.

Experience:

• 10-15 years of total experience in financial services/banking industry, entailing responsibilities pertaining to the specific area of discipline.
• Experience in Corporate Banking/ Treasury/Cash Management

Certifications

• Professional certification such as CFA/ CPA/ CA and or CMA is preferable

Role Objective:

The incumbent will be charged with the overall responsibility of planning and leading the Cash Management service vertical of Wholesale banking function, in close coordination with the Department Head Global Transaction Banking. The incumbent will monitor and manage the team for achieving profitability / P&L targets, and service delivery to meet complex cash management needs of corporate clients through correspondent banking services, local/international fund transfers, WPS payment, credit management, cash collection, Bill payments and other e-banking services. The jobholder will guide the team in liaison efforts with other WB Business Units, and operational teams in business enhancement/customer retention efforts and enhanced service delivery.

Detailed Roles and Responsibilities:

• Work closely with the Head - Global Transaction Banking in formulation and implementation of the Cash Management services strategy.
• Ensure the implementation of the strategy, annual business plans, budgets, policies and procedures of the Cash Management services function.
• Drive the profitability / P&L targets of the section through completing sales, service management, and business development of existing and new corporate clients.
• Monitor the activities of the team, ensuring that the Cash Management Service business plans are within budgets and timescales.
• Update self on the current industry trends, economic events, competitive environment, regulatory/government requirements and, update the management to implement adequate changes, in term of country specific deliverables.

Educational Qualifications:

• University graduate with a degree in Business or Banking or Finance or any other related discipline.
• Master’s degree in Management any other related discipline will be an added advantage.

Experience:

• 10-15 years of total experience in financial services/banking industry, entailing responsibilities pertaining to the specific area of discipline.
• Experience in Corporate Banking/ Treasury/Cash Management

Certifications

• Professional certification such as CFA/ CPA/ CA and or CMA is preferable

We are seeking a highly experienced and detail-oriented Senior Treasury Accountant to join our finance team. The ideal candidate will be responsible for managing all aspects of treasury-related accounting and reporting, ensuring accuracy and compliance with all financial regulations. This role requires a strong understanding of complex financial instruments, excellent analytical skills, and a proven track record of managing high-volume financial data.

Responsibilities :

Manage daily treasury accounting activities, including cash, investments, debt, and foreign currency transactions.

Prepare and analyze treasury-related financial reports, including cash flow statements, debt schedules, and investment performance summaries.

Ensure accurate and timely monthly, quarterly, and annual closing processes related to treasury accounts.

Reconcile treasury accounts and resolve discrepancies in a timely manner.

Collaborate with internal audit and external auditors to ensure compliance with financial policies and procedures.

Maintain and update internal controls related to treasury accounting.

Support the implementation of new treasury systems and processes.

Qualifications :

Education : Bachelor's degree in Accounting is required.

Experience : A minimum of 8 years of progressive experience in an accounting role, with a strong focus on treasury.

We are seeking a highly experienced and detail-oriented Senior Treasury Accountant to join our finance team. The ideal candidate will be responsible for managing all aspects of treasury-related accounting and reporting, ensuring accuracy and compliance with all financial regulations. This role requires a strong understanding of complex financial instruments, excellent analytical skills, and a proven track record of managing high-volume financial data.

Responsibilities :

Manage daily treasury accounting activities, including cash, investments, debt, and foreign currency transactions.

Prepare and analyze treasury-related financial reports, including cash flow statements, debt schedules, and investment performance summaries.

Ensure accurate and timely monthly, quarterly, and annual closing processes related to treasury accounts.

Reconcile treasury accounts and resolve discrepancies in a timely manner.

Collaborate with internal audit and external auditors to ensure compliance with financial policies and procedures.

Maintain and update internal controls related to treasury accounting.

Support the implementation of new treasury systems and processes.

Qualifications :

Education : Bachelor's degree in Accounting is required.

Experience : A minimum of 8 years of progressive experience in an accounting role, with a strong focus on treasury.