Middle East Accounting Specialist

Who We Are

Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation-inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.

To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.

What You’ll Do

You will be an integral member of the Middle East Finance Team. You will deliver expertise in areas including but not limited to bank guarantees, treasury and insurance and perform the following tasks:

• Bank guarantees
  • Manage performance and bid bonds for Middle East region by processing requests, liaising with the bank and the requestor to ensure accurate and timely issuance of bonds
  • Monitor facility usage and collaborate with Global Treasury to extend facilities as needed
  • Monitor and cancel open ended bonds
  • Maintain bond registers and complete reconciliations
  • Drive improvements to bank guarantee processes
• Treasury
  • Cash pooling and cash forecasting: liaise monthly with internal and external stakeholders to ensure sufficient funds are available to cover all payment obligations
  • Support in preparation of all banking documents and submission to the bank
  • Liaise closely with banking partners and monitor and resolve banking issues
  • Drive improvements to banking processes
  • Support in setting up bank accounts for new entities in the region
  • General cash management
  • Initiate intercompany payments and any ad hoc bank transfer payments as required
  • Support in preparing weekly bank reconciliations
• Insurance
  • Manage the documentation around annual insurance renewal process for all Middle East entities
  • Liaise with the insurance broker and global insurance team to ensure accurate and timely issuance of insurance documents
  • Liaise with the global insurance team to ensure appropriate insurance coverage for client contract requirements
• Other
  • Assist the Accounting Manager in the preparation for the monthly and year end closings
  • Manage Middle East external disclosure requests and work together with the global team to get the appropriate approvals
  • Support in the RFP process where required
  • Support in system access reviews
  • Support the annual financial audit and Localization audits
  • Use digital tools to improve processes and create efficiencies
  • Maintain orderly filing system
  • Other ad hoc tasks as required

YOU’RE GOOD AT

• You have an eye for detail and a habit of keeping track of what’s going on around you
• You are great at interacting with internal and external stakeholders across functions and networks outside of your own area. You can influence results over your core areas of responsibility
• You are an increasingly independent contributor, including when faced with missing information
• Organization skills: ability to handle competing priorities effectively, demonstrate reliability and attention to detail
• You have a strong ability to work under pressure
• You are results driven and self-motivated
• Demonstrate leadership and/or customer service experience. You’re highly responsive with strong interpersonal and communication skills.
• Flexibility to work in an environment that has short-term shifts in priorities to meet a diverse customer base

What You’ll Bring

• Relevant bachelor’s degree plus 4+ years relevant experience, preferably at a professional services firm
• Professional Accounting Qualification preferred
• Strong verbal and written communication skills; fluency in English
• Ability of using data-based systems and report running
• Ability to respect all BCG information as personal and confidential

Who You’ll Work With

You will work closely with other Accounting Specialists and the Accounting Manager as well as the wider Finance team.

Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.

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