The Junior Treasury Analyst will assist with day-to-day treasury operations, including cash management, financial analysis, and compliance tasks, while gaining valuable exposure to the financial instruments and banking operations of the organization.
A particular focus will be placed on managing bank guarantees, ensuring compliance with Know Your Customer (KYC) requirements, and supporting banking operations across the region.
Key Responsibilities:
Bank Guarantee Management:
• Prepare, process, and track applications for issuing, amending, and renewing bank guarantees to support project execution.
• Collaborate with internal stakeholders (e.g., project managers, legal, and finance teams) to gather and verify required documentation.
• Liaise with banking partners to facilitate the issuance of guarantees, ensuring timely and accurate delivery.
• Maintain detailed records of all bank guarantees, including tracking expiry dates,renewals, associated costs and filing the copy of the guarantee on Treasury share point.
• Provide regular reporting and analysis on guarantee utilization, exposure, and performance.
KYC Compliance:
• Serve as the primary point of contact for KYC documentation with banking partners.
• Collect, validate, and submit KYC documents to ensure compliance with regulatory requirements and bank mandates.
• Monitor upcoming KYC deadlines, ensuring timely renewals and updates.
• Maintain organized and audit-ready records of all KYC submissions and approvals.
• Stay updated on regional regulatory changes and adapt processes to ensure ongoing compliance.
Bank Account Management:
• Coordinate the opening and closing of regional bank accounts to align with operational and project needs.
• Ensure all necessary documentation is prepared and submitted for account setup,modification, or closure.
• Maintain an accurate and up-to-date inventory of bank accounts, including signatories and account details.
• Work with the GBS Treasury team to ensure all the Treasury processes are followed and save the documentation on Treasury share point.
Cash and Liquidity Management:
• Assist in forecasting short-term and long-term cash flow requirements.
• Support intercompany funding transfers and cash pooling arrangements to improve efficiency.
• Act as a key liaison for banking operations, ensuring alignment with the organization's goals.
Treasury Reporting and Analysis:
• Prepare daily, weekly, and monthly reports on bank guarantees and KYC compliance.
• Assist in preparing financial models, treasury performance metrics, and ad-hoc analysis for management.
• Support audits and compliance reviews by providing accurate and timely data and documentation.
• Bachelor’s degree in finance, Accounting or a related field.
• Strong analytical and numerical abilities.
• Proficiency in Microsoft Excel and financial management tools.
• Attention to detail with excellent organizational skills.
• Strong written and verbal communication skills for effective collaboration with internal and external stakeholders.
• Ability to multitask and prioritize tasks in a fast-paced environment.
• Internships or prior exposure to treasury, banking, or finance functions are a plus.
• Familiarity with financial instruments like bank guarantees and KYC processes is advantageous.
Over time, our work has evolved to focus on urban planning, social infrastructure, water, transportation, and ports projects.
Right now, the Kingdom of Saudi Arabia is going through a period of unprecedented change as it seeks to transform its economy and society in line with Vision 2030 — a bold blueprint to diversify its economy, develop its infrastructure, cherish its national identity, and create a better life for all Saudis.
With safety and flexibility always top of mind, we’ve gone beyond traditional ways of working so you have the support, means, and space to maximise your potential.
You’ll uncover flexible working arrangements, benefits, and opportunities to do good too – from participating in our global giving and volunteering program to exploring new and inventive ways to help our clients make the world a better place.
No matter what drives you, you’ll discover how you can cultivate, nurture, and achieve your goals – all at a single global company.
Please note: If you are being represented by a recruitment agency you will not be considered, to be considered you will need to apply directly to Jacobs.
