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