Cash Management Analyst

Cash Management Analyst

Aramco is a world leader in integrated energy and chemicals. Our offices in Europe support a wide range of activities from facilitating the safe and reliable delivery of energy to customers around the globe, to pushing for breakthroughs in research and innovation.

Treasury Department

We have exciting opportunities to join the newly established Treasury function at the Aramco Overseas Company headquarters in the Hague as the organization looks to build expertise and value in this area to enhance our Treasury operations and support our Group Treasury department in Kingdom.

Cash Management Analyst

Duties & Responsibilities

• Prepare daily consolidated cash positions, reconcile daily bank positions with cash flows, investigate discrepancies if any and liaise with Payment Execution Team to resolve discrepancies.

• Perform S/T cash forecasting, ensure liquidity, including S/T internal funding.

• Prepare the investment activity sheet

• Perform weekly S/T cash flow variance analysis (Treasury activities as well as Operating cash activities) and improve accuracies.

• Identify FX exposures and execute FX trades in accordance with recommendations from Financial Risk Management team.

• Update and maintain bank authorized signatories and electronic banking system profiles.

• Support other Cash Management projects.

• Analyze bank fees and bank footprint.

• Update and maintain bank SSI and ensure AOC settlement instructions are up to date at the banks.

• Back up for Treasury Operation and Cash Management & Front Office manager when required.

• Accurately execute S/T investment in accordance with S/T investment plan and strategy.

• Accurately execute FX trades accordingly to recommendations from Financial Risk Management.

• Ensure deals are recorded in ERP and reconciled and ensure process and procedures are in line with communication protocols with Saudi Aramco Treasury.

• Prepare investment exposure and performance report

Front Office

• Accurately execute S/T investment in accordance with S/T investment plan and strategy.

• Accurately execute FX trades accordingly to recommendations from Financial Risk Management.

• Ensure deals are recorded in ERP and reconciled and ensure process and procedures are in line with communication protocols with Saudi Aramco Treasury.

• Prepare investment exposure and performance report

Preferred Requirements

• Bachelor degrees or above in Finance, Economics, Accounting or a similar field.

• 3 + years of experience corporate Treasury.

• Knowledge of banking and experience in TMS.

• Basic understanding of accounting and treasury operations.

• Strong working knowledge of MS Office, advanced skills in Excel including power query.

• Good communication skills and good problem solving skills.