Banking & Treasury Specialist

Alqotr; Riyadh; On-site; SAR 180,000 - 240,000; Full time

Job summary

Alqotr in Riyadh is seeking a treasury professional to manage liquidity, banking facilities and relationships. You will monitor balances, forecast cash flow, and oversee LC/BG facilities, ensuring AML and internal policy compliance.

You will collaborate with Accounting and senior management, analyze data in Excel and Power BI, and negotiate favorable terms with banks to optimize working capital.

Qualifications

• Bachelor's degree in accounting, Finance, or a related field.
• Minimum 2 years of experience in banking facilities, treasury, or finance.
• Experience dealing with banks, credit facilities, and liquidity management.
• Professional certifications in Finance or Treasury preferred.
• AML certification is an advantage.

Responsibilities

• Monitor bank balances to ensure adequate liquidity.
• Prepare and monitor cash flow and liquidity forecasts.
• Manage working capital, payments, and collections.
• Oversee credit facilities and banking limits, LC/BG management.
• Negotiate terms and fees with banking partners.
• Ensure AML compliance and regulatory adherence.
• Prepare liquidity reports for senior management.
• Collaborate with Accounting to ensure efficient operations.
• Use Excel and Power BI for analysis and reporting.

Skills

Financial analysis

Excel

Power BI

Negotiation

Banking relationship management

Attention to detail

Education

Bachelor's degree in accounting/finance/business administration

Tools

Excel

Power BI

Job description

Responsible for managing and monitoring banking facilities and banking transactions to ensure adequate liquidity and efficient use of financial resources. The role also involves managing banking relationships, negotiating financial terms and costs, and overseeing credit facilities, letters of credit, bank guarantees, and bank transfers while ensuring compliance with banking regulations and internal financial policies.

Key Responsibilities:

Monitor bank balances and accounts to ensure adequate liquidity.

Prepare and monitor cash flow and liquidity forecasts and reports.

Manage working capital, payments, and collections.

Manage and monitor credit facilities and banking limits.

Follow up on Letters of Credit (LCs) and Bank Guarantees (BGs).

Supervise bank transfers and banking transactions and ensure proper reconciliation.

Manage banking relationships and negotiate fees, terms, and banking facilities.

Monitor banking service and transaction costs and identify opportunities for improvement.

Monitor financial risks and support hedging strategies when required.

Ensure compliance with banking regulations, internal financial policies, and AML requirements.

Prepare liquidity and cash flow reports for senior management.

Coordinate with Accounting and relevant departments to ensure efficient financial operations.

Use Excel and Power BI for analysis and reporting.

Qualifications & Experience:

Bachelor's degree in accounting, Finance, Business Administration, or a related field.

Minimum 2 years of experience in banking facilities, treasury, or finance.

Experience dealing with banks, credit facilities, and liquidity management.

Professional certifications in Finance or Treasury are preferred.

AML certification is an advantage.

Skills

Strong financial and analytical skills.

Proficiency in Excel and Power BI.

Strong communication, negotiation, and banking relationship management skills.

Ability to work under pressure and manage priorities.

Good knowledge of banking regulations and financial policies.

Strong attention to detail and follow-up skills.