Duties and Responsibilities
- Serve as the primary point of contact for all banking partners in KSA and internationally.
- Manage day-to-day communication with banks, ensuring timely responses and issue resolution.
- Coordinate the submission of required banking documents, onboarding forms, KYC updates, and compliance-related filings.
- Negotiate banking terms, pricing, and service levels to support business needs.
- Build and maintain strong working relationships with relationship managers and product specialists.
- Ensure optimal cash utilization and fund allocation across accounts and business units.
- Manage cash transfers, payment releases, and banking workflows while ensuring internal controls are adhered to.
- Support in designing and implementing a cash management operating model including processes, policies, and system enhancements.
- Identify and implement banking products (e.g., sweeping, pooling, virtual accounts, liquidity solutions) that enhance operational efficiency.
- Develop, maintain, and continuously improve weekly, monthly, and long-term cash flow forecasts.
- Provide insights on liquidity risks, funding needs, and working capital trends.
- Prepare regular cash forecast reports and variance analyses for senior management.
- Establish and maintain treasury KPIs, dashboards, and reporting tools.
- Improve visibility, timeliness, and accuracy of cash and treasury-related reporting.
- Participate in treasury system implementation or upgrades, ensuring that workflows support operational needs.
- Monitor FX exposures related to international contracts, payments, and receivables.
- Coordinate with banks to obtain competitive FX rates and execute hedging transactions.
- Ensure compliance with IFRS standards related to FX and hedge accounting.
- Evaluate new banking products and digital solutions that can improve cash visibility, reduce costs, or enhance control.
- Provide recommendations to management on treasury tools, liquidity structures, and working capital solutions.
- Ensure treasury activities comply with KSA regulatory requirements (SAMA, ZATCA, banking compliance).
- Maintain documentation and policies in line with internal audit and governance expectations.
- Support risk management initiatives related to cash, FX, and banking operations.
Education and Experience
- Bachelor s degree in finance, Accounting, Economics, or related field.
- 5+ years of experience in treasury management in KSA.
Knowledge, Skills, and Abilities
- Strong experience with banking operations, cash management, and relationship management with financial institutions.
- Good understanding of FX markets, hedging instruments, and liquidity management.
- Experience building or improving treasury processes, frameworks, or operating models.
- Hands-on, detail-oriented, and capable of working independently in a fast-paced environment.
- Excellent communication skills, particularly with banks and senior management.
- Experience with treasury systems or ERP financial modules is a plus.
- Professional certifications such as: CFA, ACT, CTP, CMA, or CPA are a plus.
- Fluency in Arabic and English.
- Strong analytical and quantitative skills.
- Ability to design processes from scratch.
- Negotiation and relationship management.
- Problem solving and decision making.
- High integrity and strong sense of ownership.
- Ability to work cross-functionally to gather data and implement solutions.
Job Purpose: As the Manager Treasury, you will manage banking relationships and oversee daily treasury operations to ensure optimal cash utilization, liquidity management, and strong internal controls. You will lead cash flow forecasting, treasury reporting, and FX management, support treasury system enhancements, and implement efficient banking and liquidity solutions. You will ensure compliance with IFRS and KSA regulatory requirements while providing insights on liquidity, risk, and working capital to senior management.
