Group Treasury Manager | Riyadh, SA

Hays; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

An established industry player in Saudi Arabia is seeking a Group Treasury Manager to lead their treasury functions. In this pivotal role, you will oversee banking relationships, manage cash flow, and mitigate financial risks while ensuring compliance with regulations. Your expertise will drive strategic initiatives and enhance the company's financial performance. This role offers a competitive salary package and the opportunity to work in a dynamic environment, making a significant impact on the organization’s financial health. If you have a strong background in treasury and banking with a keen eye for detail, this is the perfect opportunity for you.

Qualifications

• 10+ years of experience in corporate treasury and banking.
• Fluency in Arabic and English required.

Responsibilities

• Manage banking relationships and negotiate credit terms.
• Develop cash management strategies to optimise liquidity.
• Prepare financial reports and analyses for senior management.

Skills

Cash Management

Risk Management

Financial Analysis

Negotiation Skills

Financial Reporting

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Job description

Group Treasury Manager

Hays Riyadh, Saudi Arabia Apply nowPosted 2 days ago | Permanent | Competitive monthly salary

Hays is currently partnered with a Holding Company seeking to hire a Group Treasury Manager to join their Group Treasury team in Riyadh.

As the Group Treasury Manager, you will assist the Group Treasurer in overseeing treasury functions such as banking relationships, credit facilities, cash management, liquidity planning, risk management, and financial analysis. Your responsibilities will include but are not limited to:

• Managing banking relationships, negotiating credit terms, and overseeing banking services.
• Developing cash management strategies to optimise liquidity and returns.
• Monitoring and managing cash flow to meet operational and investment needs.
• Evaluating and mitigating financial risks through hedging and other techniques.
• Addressing financing requirements of Group Companies.
• Preparing financial reports, budgets, forecasts, and analyses for senior management.
• Managing the company's investment portfolio in line with risk policies.
• Overseeing debt administration and ensuring compliance with covenants and regulations.
• Collaborating with internal departments to support strategic initiatives.
• Staying informed about market developments and industry best practices.
• Leading special projects like M&A, capital optimisation, or treasury system upgrades.
• Ensuring internal controls and staffing adequacy within the treasury function.
• Advising the Group Treasurer and deputising when necessary.

Minimum Requirements:

• Bachelor's degree in Accounting, Finance, or related field.
• 10+ years of experience in corporate treasury and banking, including negotiation of credit facilities.
• Fluency in Arabic and English.
• Strong understanding of financial markets, instruments, and risk management.
• Attention to detail and ability to manage multiple projects.

The client offers a competitive salary package. If you meet the criteria and wish to learn more, please follow the link to apply.