Treasury manager

Job Location: Riyadh, KSA.

Position Title: Treasury Manager

Department: Finance

Reports to: CFO

Position Overview

The Treasury Manager will be responsible for managing the company's cash flow, investments, and financial risks while ensuring optimal liquidity for operations in the company.

Key Responsibilities

• Manage daily cash positions and banking relationships, ensuring sufficient liquidity for operational needs and capital expenditure
• Develop and implement cash management strategies, including cash forecasting and working capital optimization
• Monitor and analyze foreign exchange exposure, implementing hedging strategies to minimize currency risks
• Oversee debt management, including relationships with lenders, covenant compliance, and debt service obligations
• Manage investment portfolio according to company policies and risk tolerance
• Coordinate with various departments to optimize working capital through accounts receivable, accounts payable, and inventory management
• Lead treasury operations, including bank account management, transfers, and payment processing
• Develop and maintain financial models and reporting systems for cash flow forecasting
• Ensure compliance with financial regulations and internal control policies

Required Qualifications

• Bachelors degree in finance, Accounting, Economics, or related field
• 7+ years of progressive treasury experience, preferably in manufacturing
• Strong understanding of financial markets, cash management, and risk management
• Experience with treasury management systems and ERP software and SAP in particular.
• Advanced Excel skills and proficiency in financial modeling
• Knowledge of international banking, FX markets, and trade finance

Preferred Qualifications

• Master's degree in Finance or MBA
• Professional certification (CTP, CFA, CPA, ACCA)
• Experience in metals or heavy manufacturing industry
• Knowledge of commodity hedging and price risk management
• Multilingual capabilities for international operations

Skills and Competencies

• Strong analytical and problem-solving abilities
• Excellence in financial planning and strategy
• Superior communication and relationship management skills
• Ability to work under pressure and meet deadlines
• Strong leadership and team management capabilities
• Detail-oriented with excellent organizational skills