Job Openings Treasury Manager

About the job Treasury Manager

Our Client is one of the leading construction and contracting firms in the Kingdom of Saudi Arabia. Seeking to recruit a new "Treasury Manager" in their head office in Riyadh.

The position will be reporting to the CFO.

Job Brief

We are seeking a Treasury Manager to oversee the finances of our organization. In this role, you will monitor our day-to-day operations, including expenses and incoming cash flow, but your main objective is to develop a strong, long-term financial strategy. This may include making investments on our behalf, dealing with banks and other financial institutions, or amending company policies.

JOB DUTIES AND RESPONSIBILITIES:

To efficiently measure and manage the treasury function, a Treasury Manager manages a team that performs a wide range of job duties and responsibilities. These include but are not limited to:

  • Monitoring and managing the organization's bank relationships and liquidity management
  • Managing foreign currency exposure and foreign currency payments
  • Analyzing various scenarios and risks and reporting to senior management
  • Forecasting of medium and long- term funding and hedging requirements (if applicable)
  • Daily cash management
  • Debt facilities management
  • Interest rate risk management and development of risk mitigation strategies
  • Foreign exchange risk management and development of foreign exchange risk mitigation strategies
  • Team management
  • Preparing management and board reports
  • Liaising with senior management across the organization
  • Supporting the month end process where necessary

SKILLS AND ATTRIBUTES:

  • Experience managing a Treasury Function
  • Understanding and experience of treasury accounting including FX, liquidity, cashflow and various financial instruments
  • Sound understanding of accounting principles
  • Strong understanding of financial markets, financial instruments and debt instruments
  • Knowledge of banking relationships and covenants
  • Ability to work autonomously and be part of the broader team
  • Appropriate handling of sensitive information
  • Excellent time management and organizational ability
  • High level of attention to detail
  • Strong client relationship management and customer service skills
  • Team player with the ability to communicate and coordinate with multiple parties
  • Intermediate to advanced computer software skills, including Excel and other accounting packages
  • Years of experience from 7 to 10 years
  •  For Saudi national candidates only

Package Details

To be Discussed