Senior Treasury Manager

The Role
Our client is a leading service provider in KSA, operating across oil & gas, healthcare, construction, and remote industries. They are currently seeking a Sr. Treasury Manager (KSA National) to control financial management of cash, liquidity, working capital, loan facilities, and banking operations. The successful candidate will strategically lead the operations, manage treasury effectively and efficiently, and build a culture of continuous improvement.

Key Responsibilities:

1. Manage all cash management functions including cash concentration, wires, and account funding.
2. Ensure adequate liquidity for working capital needs and invest short-term excess cash.
3. Manage dividends payments and capital injections.
4. Forecast interest expense and income.
5. Oversee cash management banking and financial institution relationships. Negotiate bank and service fees. Implement new bank technologies, products, and services to improve cash cycle and simplify company operations.
6. Forecast weekly, monthly, and yearly cash flow.
7. Work in close coordination with both Accounts Receivable and Accounts Payable teams.
8. Establish Treasury controls including oversight of all payments, bank account opening/closing; account signatories and KYC.
9. Ensure compliance with internal controls, policies, and procedures.
10. Develop and monitor treasury operational policies. Manage IFRS / IAS compliance for Treasury operations.

Requirements:

• Must possess an accounting degree with 10+ years of overall experience in cash management, and/or corporate finance in a corporate or banking environment.
• Strong analytical, financial, and systems skills are required.
• Systems and spreadsheets experience.
• Experience working in a corporate business environment.
• Certified Treasury Professional designation is a plus.
• Familiarity with SAP system.
• Prior experience with bank and debt documentation.
• Strong people, process, and systems understanding with a keen interest in promoting improvement and challenging existing processes where appropriate.