Senior Treasury Specialist

Matar Holding company; Dammam; On-site; SAR 180,000 - 300,000; Full time

Job summary

Matar Holding Company in Saudi Arabia seeks a Senior Treasury Specialist to oversee cash flow, liquidity, and risk management. You will manage daily cash positions, forecast cash needs, and maintain strong banking relationships to support operations and investments.

The role requires a bachelor’s in finance or related field with 5+ years in treasury or finance; master’s or ACCA/CFA is a plus. You will work with finance and accounting teams to optimize returns and ensure compliance across

Qualifications

• Bachelor's degree in Finance, Accounting, or Banking; master's degree or professional certification is a plus.
• Minimum 5+ years of experience in treasury, finance, or related fields.
• Strong understanding of financial markets, instruments and banking; experience with treasury systems.

Responsibilities

• Monitor and manage daily cash positions and liquidity to meet operational needs.
• Prepare cash forecasts and budgets; analyze cash flows against plans.
• Manage relationships with banks and financial institutions.
• Develop investment strategies to optimize surplus funds and monitor portfolios.
• Identify and mitigate financial risks including currency and interest-rate exposures.
• Ensure compliance with internal policies and external regulations; report to senior management.

Skills

Treasury management

Banking relationships

Financial analysis

Attention to detail

Communication skills

Education

Bachelor's degree in Finance/Accounting/Banking

Master's degree or professional certification (ACCA/CFA) preferred

Tools

Treasury management software

Financial software

Job description

Job Role

The Senior Treasury Specialist, is responsible for managing the company's cash flow, ensuring liquidity, optimizing investments, and mitigating financial risks. This role involves daily cash management, forecasting, banking relations, and compliance with financial regulations.

Key Accountabilities

• Monitor and manage daily cash positions to ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
• Prepare cash rolling forecasts and budgets. Monitor actual financial performance against budgeted cash flows and analyze financial data to inform strategic decisions
• Manage relationships with banks and other financial institutions
• Develop and implement investment strategies to optimize returns on surplus funds while monitoring and managing investment portfolios
• Identify, evaluate, and mitigate financial risks, including currency and interest rate risks
• Manage existing debt and arrange new debt when necessary. Maintain proper tracking tools for loan/interest repayments and ensure timely payment of interest and principal on loans and other borrowings
• Ensure compliance with internal policies and external regulations related to treasury activities. Prepare and present financial reports to senior management and stakeholders
• Calculate and record finance charges, ensuring monthly accrual for unbilled finance charges
• Conduct random validation of finance charges debited by banks to ensure correctness of charges in line with signed agreements
• Implement and maintain treasury management systems. Continuously improve processes and procedures to enhance efficiency and accuracy
• Collaborate with other departments such as accounting, finance, and operations to ensure cohesive financial management, providing support and guidance on treasury-related matters

Requirements

• Minimum Qualifications and Knowledge: Bachelor's degree in Finance, Accounting, or Banking. A master's degree or professional certification (e.g., ACCA, CFA) is a plus
• Minimum Experience: Minimum of 5+ years of experience in treasury, finance, or related fields
• Job-specific Skills and Competencies:
  • Strong understanding of financial markets, instruments, and banking
  • Proficiency in treasury management systems and financial software
  • Excellent analytical, problem-solving, and decision-making skills
  • Strong attention to detail and organizational skills
  • Ability to work independently and as part of a team
  • Effective communication and interpersonal skills