Assistant Treasurer

Al Qadisiyah; Saudi Arabia; On-site; SAR 180,000 - 280,000; Full time

Job summary

Al-Qadsiah Club in Al Khobar seeks an experienced Assistant Treasurer to own daily treasury operations, optimize cash management, and manage banking relationships. You will monitor cash flow, forecast funding needs, and ensure accurate postings in the ERP system.

The role requires 3-5 years in cash management, a Bachelor’s degree in a related field, and fluency in Arabic and English. Strong analytical skills and independent decision-making are essential.

Qualifications

• Bachelor's degree in related field; professional certification (e.g., CTP) is a plus.
• 3-5 years experience in cash management.
• Fluency in Arabic and English; strong communication and banking relationships.

Responsibilities

• Execute end-to-end daily treasury operations including cash postings within ERP system.
• Monitor cash flow and perform variance analysis against forecasts; escalate liquidity risks.
• Prepare and analyze daily, weekly, and monthly cash flow forecasts to support decisions.
• Lead club payments and international transfers via online banking platforms.
• Establish controls for urgent payments and adherence to approval matrices.
• Manage bank relationships, KYC, and banking facilities including LC/term finance.
• Support foreign currency and interest rate risk management.
• Coordinate onboarding of new bank accounts and payment methods.
• Prepare treasury reports and support audits.

Skills

Verbal communication

Written communication

Arabic and English fluency

Analytical thinking

Decision making

Team leadership

Bank relationship management

Cash management

Education

Bachelor's degree in related field

Tools

ERP system

Job description

OVERVIEW

Al-Qadsiah Club is seeking a highly experienced Assistant Treasurer to join our Finance team in Al Khobar. In this role you will be taking full ownership of treasury operations ensuring that our treasury activities are optimized.

KEY RESPONSIBILITIES

• Execute end-to-end daily treasury operations including cash and movement reporting position management and accurate postings within ERP system
• Monitor actual cash flow and perform variance analysis against cashflow forecasts escalating liquidity risks to Finance leadership on timely basis
• Prepare and analyze daily weekly and monthly cash flow forecasts to support management decision-making
• Lead payment operations of the club to initiate review and release fund transfers local and international via online banking platforms
• Establish and implement controls for urgent payments ensuring adherence to internal approval matrices
• Perform daily tracking movement and position and reconciliations for all bank account transactions to ensure full cash visibility
• Manage KSA bank relationships overseeing account lifecycles KYC documentation bank automation FX settlements and limit management
• Support foreign currency and interest rate risk management
• Lead the onboarding of new bank accounts where required and payment methods while acting as the local subject matter expert for all related matters
• Manage and coordinate for arranging all required banking facilities e g LC LG amp term finance issuance amendments and settlements
• Prepare treasury reports analyzing bank expenses payment costs and performance across all bank accounts
• Provide supporting schedules for internal and external audits
• Periodic reconciliations with Accounting to resolve financial discrepancies proactively
• Ensure all treasury activities comply with company policies and regulatory requirements

Education & Professional Certification

Bachelors degree in related field. Professional certifications (e.g., CTP) are a plus.

Experience: 3-5 years in cash management.

PERSONAL SPECIFICATION - SKILLS & ATTRIBUTES

Excellent verbal and written communication; Fluency in Arabic and English. Proven track record of managing relationships with Saudi and regional banks. Knowledge of cash management and banking systems. Strong analytical and problem solving skills, ability to make independent decisions. Team Player & Leadership.