Job Family: Finance

Req ID: 434847

Head of Treasury – Karachi, Pakistan

We empower our people to stay resilient and relevant in a constantly evolving world. We’re looking for people who are always searching for creative ways to grow and learn. People who want to make a real impact, now and in the future. Does that sound like you? Then it seems like you’d make an outstanding addition to our vibrant international team.

Join us as the Head of Treasury and help us re-imagine the world by finding solutions and making the world a more inquisitive place for tomorrow.

You‘ll make an impact by:

• Identifying, developing, and driving all bank related transactions in close collaboration with Business Units.

• Coordinate with Business Units financing/ funding of transactions and Trade Finance (Imports & Bank Guarantees).

• Supporting the development of business models, go-to-market approaches, based on assessment of Business needs and products / offerings in the financial services industry.

• Acting as Financing point of contact and trusted financing partner.

• Lead bank relationships through ongoing engagement.

• Securing preferred access to FX currency allotments by leveraging banking connections.

• Providing precise financial data (budgets, forecasts, actual results), scrutinizing variance analyses, and employing financial modeling to accurately portray the effects of proposed strategies on company cashflows.

• Identify, prioritize, and manage implementation of efficiency improvements.

• Monitoring action plans and leading cross-functional teams in managing Treasury affairs.

• Detecting and initiating necessary corrective actions to prevent or resolve accounting/control concerns.

• Ensuring compliance with local laws and Central Bank regulations.

• Coordinating with the Banks/ Financial Institutions on the issuances of Import Letters of Credit / Bank Guarantees.

• Managing external interactions and upholding internal control compliance within the global framework.

• Proactively managing and mitigating FX exposure and its impacts on company profit and loss.

• Displaying an interest in transformation, process enhancement, and change management.

• Demonstrating comprehensive business awareness to ensure successful attainment of business objectives.

• Supporting Head of Corporate Finance in providing financing advisory services.

• Supervising Gratuity and Provident funds by strategically investing additional funds in high-yield securities as per policy and generating reports for Regional & Global teams.

• Drafting, presenting, and responding to FX remittance cases submitted for Central Bank approval.

• Organizing Bank Credit lines with Headquarters in accordance with internal requirements.

• Managing Bank securities/ collaterals in accordance with local regulations against Bank Credit lines.

• Reviewing and executing facility agreements with banks, aligning them with global policies and local stipulations.

• Managing the company's collateral position to ensure accessibility of facility lines with banks.

• Supporting special projects & initiatives as and when assigned

• Provide first-class treasury services to operating business.

• Manage and control financial risks, liquidity position and funding requirements.

• Control appropriate administration of financial transactions.

• Ensure process execution according to standardized treasury processes.

• Advise operating businesses on compliance with financial guidelines.

• Responsible for the implementation and execution of Treasury FX processes.

• Communicate and report to Regional ME Treasury team.

• responsible for all bank relations and facility negotiations.

• Support Risk and Internal Control management in the local area of competence.

• Monitor and Control Financial Reporting, including review and verification of actuals, forecast and budgets.

• Joint responsibility for all Trade finance & Project finance related activities.

• Maintenance of bank accounts and management of authorized signatures.

Your success is grounded in

• Bachelor’s degree or similar in business administration, finance, or a related field with a focus on financing, preferably in conjunction with a banking education.

• 12+ years’ work experience in Finance in an international company or financial institution

• Deep knowledge of financing products, solutions and instruments: project/structured/commercial debt, equity, fund solutions, insurance, other financing solutions.

• Understanding of international capital and financial markets, knowledge of sales processes, general financial management and legal understanding of financial contracts.

• Capability to drive results in a fast-paced/deadline-oriented environment.

• Strong analytical and strategic skills as well as excellent oral and written communication skills including presentation skills.

• Proficiency in Excel-based treasury modeling.

• Ability to communicate and negotiate with a large variety of internal and external partners.

• Advanced knowledge of cash management, payment methods and products.

• Familiar with rules & regulations of Central Banks and other financial Institutions.

You’ll benefit from

• 2 to 3 days of mobile working per week as a global standard.

• Diverse and inclusive culture.

• An environment where everyone can bring their whole self and feel a sense of belonging.

• the foundation to develop personally and professionally.

• Extraordinary variety of learning & development opportunities

Create a better #TomorrowWithUs!

We value your outstanding identity and perspective and are fully committed to providing equitable opportunities and building a workplace that reflects the diversity of society. Come bring your authentic self and create a better tomorrow with us.

We celebrate the fact that our people are individuals and have different preferences and needs. If we all thought the same, we would never think of anything new! That’s why we recruit extraordinary minds from all walks of life. We are committed to furthering our culture of diversity, equity and inclusion. We encourage applications from a diverse talent pool and are happy to give the opportunity to discuss flexibility and reasonable adjustment requirements. Many of our teams are working optimally in a remote, virtual adding to our ability to offer more flexibility on how you handle your time.

Please note: Only complete applications can be considered in the selection process.