Manager – Treasury

Alert International; Kuwait City; On-site; KWD 25,000 - 35,000; Full time

Job summary

A leading company in Kuwait is seeking a Treasurer to manage liquidity, optimize financial returns, and have operational responsibility for day-to-day treasury activities. The ideal candidate will possess extensive experience in treasury management, financial modeling, and team leadership, along with relevant educational qualifications. The Treasurer will oversee cash management, risk management, and develop relationships with financial institutions to support the company's financial strategy.

Qualifications

• 10+ years of experience in corporate treasury or cash management.
• Strong understanding of financial regulations and compliance.
• Ability to manage a team of treasury professionals.

Responsibilities

• Manage daily treasury operations including cash management and risk mitigation.
• Provide financial reporting and analysis to senior management.
• Develop comprehensive cash management strategies.

Skills

Analytical skills

Financial modeling

Communication

Interpersonal skills

Team management

Knowledge of regulations

Education

Bachelor's degree in finance, accounting, economics

MBA degree in finance & accounting

CA, CPA, ACCA, CFA qualification

Tools

Treasury management software

Financial systems

Job description

Description

In this role, you will be responsible for ensuring the company's liquidity, managing the company's exposure to financial risk, and optimizing the company's financial returns and oversee the financial activities related to cash management, risk management, and investments.

• It is an end- to- end role with focus on Treasury operations of the Group.
• Oversee forecast cash flow positions, related borrowing needs and funds available for investment
• Use hedging to mitigate financial risks related to the currency and interest rates on the company's cash flows and borrowings, as applicable
• Advise on the liquidity aspects of its short- and long-range planning
• Maintain an efficient system of policies and procedures that impose an adequate level of control over treasury activities and provide support for regulatory reporting
• Develop and execute a comprehensive cash management strategy to ensure the company's liquidity needs are met
• Develop and maintain relationships with banks, investment brokers, and other financial institutions to ensure optimal cash management solutions and investment opportunities
• Implement and manage risk management strategies to minimize the company's exposure to financial risk
• Develop and maintain financial models to forecast cash flow and liquidity requirements
• Ensure compliance with all financial regulations and reporting requirements
• Monitor and analyze market trends and economic indicators to anticipate changes that may affect the company's financial position
• Provide regular financial reporting and analysis to senior management and other stakeholders
• Manage a team of treasury professionals, providing guidance and support as necessary
• Participate in strategic planning initiatives and provide financial input to key business decisions.
• Operational responsibility to efficiently manage day-to-day treasury operations and be responsible for Cash Management, FX dealing, Cash forecasting, and Treasury Projects

Skills

Skills & Competencies:

• Strong analytical and financial modeling skills
• Excellent communication and interpersonal skills
• Ability to work independently and as part of a team
• Ability to manage and lead a team of professionals
• Familiarity with financial regulations and compliance requirements

Education & Qualifications:

• Bachelor's degree in finance, accounting, economics, or a related field + MBA degree in finance & accounting
• Qualified CA, CPA, ACCA, CFA
• 10+ years of experience in corporate treasury, cash management, or related financial field
• Experience with treasury management software and financial systems