Treasury Analyst

Role Overview

Treasury Analyst position at Veolia Environnement SA, Near and Middle East Business Unit headquarters, serving the region's finance and treasury operations.

Company Overview

Veolia is a global leader with 170 years of experience providing water, energy, and waste management solutions across 58 countries. The Near and Middle East region employs over 3,900 staff, with an additional approximately 6,000 employees through Enova, a dedicated division specializing in Facility Management and Energy Efficiency. The company maintains local presence in the UAE, Oman, Qatar, Saudi Arabia, Bahrain, Kuwait, Turkey, and Jordan, with over 40 years of trusted partnerships in the region. The Near and Middle East headquarters provides business support and expertise to local entities, ensuring Veolia Group strategy, policies, processes, and tools are implemented appropriately and customized to regional needs.

Role Purpose

As Treasury Analyst for the Near and Middle East Business Unit, this role supports the Group's trade finance, working capital, and treasury operations. Working closely with banking partners and internal stakeholders, the position ensures the Business Unit's projects have the financial instruments and liquidity required for successful delivery. The role combines technical treasury expertise with commercial insight to deliver efficient treasury solutions, strengthen financial controls, and continuously improve treasury processes while promoting a strong cash culture.

Key Responsibilities

Trade Finance

• Support the Group's Treasury activities across trade finance, including bank guarantees, letters of credit, and supply chain finance programmes.
• Determine and facilitate the guarantees to be implemented at the request of the Business Unit, with assistance from the group guarantees team through Fairways and Garanteo tools.
• Liaise with banking partners on transactional matters, facilitate competitive credit facility renewals, and manage compliance documentation.

Working Capital Management

• Support Business Unit teams in the deployment of solutions to better manage working capital through factoring, discounting, or supply chain financing.
• Support other cash-related functions such as payroll, benefits, accounts payable, and collections.
• Support the Business Unit in the preparation of internal financing through the Fineo tool and external financing while managing working capital optimally.

Cash Management and Liquidity

• Define and implement cash tracking solutions through regular review of weekly cash forecasting exercises in coordination with the cash management team, maximizing cash repatriation.
• Drive relationships between the Group's Banks and the Business Units on treasury and financing subjects, ensuring optimal liquidity solutions.

Risk Management

• Support solutions to deal with financial risks, in coordination with the Group's trading room regarding foreign exchange, interest rate volatility, and counterparty exposure.

Governance and Compliance

• Ensure compliance with banking mandates and audit requirements.
• Ensure and track the proper application of the dividend policy and support timely payments to the Group in coordination with Group Treasury and the financing department.
• Develop and maintain treasury policies and procedures, ensuring adherence to internal controls and corporate governance.

Reporting and Analysis

• Spearhead the annual finance committee presentation to review the Business Unit's annual financial performance and net debt, and establish financing strategies for future projects.
• Prepare treasury reporting including quarterly cash and debt reports.
• Maintain track of off-balance sheet commitments, guarantees, dividend payouts, and working capital variance analysis.

Process Improvement

• Contribute to continuous improvement and innovation initiatives that optimize treasury workflows and reporting.
• Support additional treasury initiatives and projects as required.

Qualifications & Experience

• Professional qualification in accounting, finance, or related fields such as ACT, CFA, ACCA, or CMA, or equivalent.
• Minimum 3 years of relevant experience, preferably in the UAE or GCC region within construction infrastructure or corporate treasury environments.
• Strong experience in Treasury operations and Trade Finance.

Skills & Competencies

• Thorough understanding of trade finance instruments, banking processes, and working capital management.
• Strong knowledge of treasury controls, governance, and compliance requirements.
• Excellent analytical, problem-solving, and communication skills.
• High level of accuracy, attention to detail, and integrity.
• Ability to work autonomously and show initiative.
• Adaptability to change and flexibility in work.
• Good coordination and organizing skills.
• High level of integrity, confidentiality, and professionalism.
• Effective communication and interpersonal skills to work with cross-functional teams.
• Proactive, self-motivated, and results-oriented mindset.
• Fluency in English (written and spoken) required; Arabic and French are an advantage.

Additional Information

• Veolia is committed to diversity and gives equal consideration to all applications, without discrimination.
• This description is not designed to be a complete or exhaustive list of all duties and responsibilities that will be carried out by the selected candidate.