Treasury Specialist (M/F) Middle East & Africa & Turkey - Based Egypt

At Otis, we move billions of people every day!

How? Through our talented Team of more than 72,000 employees, who are passionate about what we do and what’s next.

From our foundation of excellent products (escalators, elevators and moving walkways), to our next chapter of digital transformation, this is a great time to join our Company!

We are now seeking a highly skilled and experienced TREASURY SPECIALIST (M/F), supporting Middle East, Africa & Turkey.

This professional will be based in Cairo (Egypt).

Role Overview:

The Treasury Specialist will be the primary treasury contact for all the companies in this region.

In this capacity, the Specialist will be responsible for all matters related to banks and banking, cash management, dividend declarations, capital and debt structures of the companies, and currency exposure analysis and management. In addition, the Specialist will support area projects related to mergers, acquisitions, divestitures, and reorganizations.

He will report to the Director - Treasury Operations EMEA who will provide you with access to mentorship, training growth and development opportunities across our highly resilient, world changing business.

On a typical day you will:

• Prepare/Review the companies’ monthly cash forecasts and, when necessary, provide updated reporting in the on-line tool dedicated to international treasury management.
• Ensure that bank account information is reported accurately in company on-line account management tool.
• Work with local partnership banks to implement new banking agreements including those related to cash pooling and credit facilities.
• Review and document the company’s foreign exchange exposure resulting from purchasing & sales contracts in foreign currency. Cover foreign exchange exposure in accordance with company policy using on-line treasury tools.
• Perform liquidity analysis of the company and of any joint ventures and, working with their respective general managers, propose dividend distribution using the on-line dividend tool. Once approved, coordinate with the Legal Dept. to ensure the completion and communication of required documentation.
• Drive and Manage treasury projects both locally and throughout the eastern MEA region.
• Provide regular updates of local treasury activities to the Director – Treasury Operations EMEA.

What You Will Need to be Successful:

• Undergraduate degree in Finance/Accounting
• Minimum 3 years in a financial position, i.e., Accounting, Finance, Audit.
• Bilingual English/Arabic is a requirement.
• Knowledge of any treasury systems is a plus, e.g., KYRIBA, SAGE XRT.
• Some limited travel within the MEA region will be necessary.

What can we offer you?

• The chance to work for an industry leading company and a global brand.
• A culture that encourages innovation and appreciates our talent is the key to our success.
• Competitive compensation package.
• Growth opportunities in a multinational environment.

Be a part of a global organization that will challenge you!