Treasury Associate

久位; Saudi Arabia; On-site; SAR 120,000 - 150,000; Full time

Job summary

A leading company in Saudi Arabia is seeking a detail-oriented Treasury Funding Associate. This role involves managing third-party borrowings, ensuring compliance, and providing analytical support for funding strategies. Ideal candidates will have a strong background in corporate finance and excellent organizational skills.

Qualifications

• 5+ years of relevant experience in treasury, corporate finance, or banking.
• Strong understanding of debt instruments and financial covenants.

Responsibilities

• Support day-to-day oversight of third-party debt facilities.
• Track debt covenants and prepare compliance reports.
• Liaise with banks and internal departments for funding activities.

Skills

Analytical Skills

Communication

Organizational Skills

Attention to Detail

Education

Bachelor’s degree in Finance

Tools

Excel

Treasury Management Systems

Job description

OVERVIEW

NEOM is an accelerator of human progress and a vision of what a new future might look like. A region in northwest Saudi Arabia on the Red Sea, NEOM is being built from the ground up to include hyperconnected, cognitive cities, ports, next-generation infrastructure and industries, enterprise zones, research centers, sports and entertainment venues and tourist destinations.

As a destination, it will be a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.

As a workplace, it is a place for people who share our core values of care, curiosity, diversity, passion, respect, and becoming a catalyst for change.

Are you ready to help NEOM find solutions to the world’s most pressing challenges? Are you prepared to create a lasting legacy that benefits generations to come? Then we want to hear from you!

ROLE OVERVIEW

We are seeking a detail-oriented and analytical Associate to join our Treasury team. This role will focus on supporting the company's funding activities, including the day-to-day management of third-party borrowings, debt compliance, interest payments, and financial reporting. The ideal candidate will bring a strong understanding of corporate finance principles, excellent organizational skills, and a keen eye for managing multiple facilities and diverse stakeholders. The role will be reporting to the Head of Treasury Funding.

REQUIREMENTS SUMMARY

Debt Management

• Support day-to-day oversight of third-party debt facilities, including governance, drawdowns, repayments, and interest payments.

Covenant & Compliance Monitoring

• Track debt covenants and prepare compliance reports for lenders and internal stakeholders.

Reporting & Analysis

• Maintain debt schedules, assist with cash flow forecasting, and provide insights on funding strategy and market trends.

Stakeholder Coordination

Liaise with banks, legal teams, and internal departments to ensure accurate execution and documentation of funding activities.

ROLE COMPETENCIES & ACTIVITIES

The Treasury Funding Associate’s responsibilities will include, but not be limited to:

Treasury Markets Management

• Support the management of third-party debt facilities, including term loans, revolving credit facilities, and other funding instruments.
• Monitor and forecast debt service obligations (interest, principal repayments, fees).
• Assist in debt covenant tracking and compliance reporting to lenders.
• Prepare and maintain debt schedules and funding models to track outstanding balances, maturities, and interest rate exposures.
• Liaise with banks, rating agencies, legal counsel, and other stakeholders regarding loan documentation, drawdowns, rollovers, and repayments.
• Support the execution of treasury transactions, including wires and intercompany funding movements.
• Maintain accurate records and documentation for all funding activities and ensure compliance with internal controls.
• Provide analytical support for new debt issuances, refinancing initiatives, and capital structure optimization.
• Assist in preparing treasury reports for internal stakeholders and senior leadership.
• Work closely with the risk management team to monitor financial markets and interest rate trends.

Culture and Values

• Embrace NEOM’s culture and Values https://www.neom.com/en-us/about
• Act with honesty and integrity by following best practices, and upholding the robust standards and expectations set out in NEOM’s Code of Conduct.
• Maintain fair, ethical and professional work practices in accordance with NEOM’s Values and Code of Conduct.

EXPERIENCE & QUALIFICATIONS

Knowledge, Skills and Experience

• 5+ years of relevant experience in treasury, corporate finance, or banking (preferably with exposure to debt capital markets or within a lending agency team).
• Strong understanding of debt instruments, loan agreements, and financial covenants.
• Proficient in Excel and financial modeling; experience with treasury management systems (e.g., Kyriba, SAP) is an advantage.
• Highly organized with strong attention to detail and the ability to meet tight deadlines.
• Excellent communication and interpersonal skills to collaborate across departments and with external partners.
• Ability to analyze complex financial data and present actionable insights.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or a related field (CFA, CTP, or MBA is a plus).