Treasury Director

Antal International Network; Jeddah; On-site; Confidential; Full time

Job summary

A multinational firm in Jeddah is looking for an experienced Treasury Manager to develop strategies for cash management and risk mitigation. The ideal candidate will have a degree in finance, MBA preferred, and over 12 years of experience, including 5 in leadership. Responsibilities include optimizing liquidity, managing bank relationships, and leading a treasury team. In addition, the role requires strong negotiation skills and expertise in capital markets.

Qualifications

• 12–18 years of treasury/finance experience, 5 years in a senior leadership role.
• Experience in holding companies or sectors like automotive and real estate.
• Strong track record in cash management and risk management.

Responsibilities

• Develop and implement group-wide treasury policies.
• Monitor daily cash positions and optimize working capital.
• Lead capital market transactions and negotiate loan agreements.
• Identify and hedge currency and interest rate risks.
• Build relationships with banks and stakeholders.
• Lead and develop a treasury team and implement digital solutions.

Skills

Treasury and liquidity management expertise

Deep understanding of capital markets

Strong negotiation skills

Risk management acumen

Analytical skills

Leadership capabilities

Clear communication skills

Education

Bachelor’s degree in Finance, Accounting, or Economics

MBA

Professional qualifications: CFA, CTP, or ACT

Tools

Treasury Management Systems (TMS)

ERP software

Financial analytics platforms

Job description

Key Responsibilities

Treasury Strategy & Governance

• Develop and implement group-wide treasury policies, procedures, and governance frameworks.

• Define short- and long-term liquidity management strategies aligned with business objectives.

• Ensure compliance with regulatory, tax, and financial reporting requirements.

• Act as the subject-matter expert for treasury issues at the Group level.

Cash & Liquidity Management

• Monitor daily cash positions and ensure efficient use of surplus funds.

• Optimize working capital across automotive, real estate, and other subsidiaries.

• Manage intercompany cash pooling, lending, and settlements.

• Forecast short- and long-term liquidity requirements.

Funding & Capital Structure

• Lead debt financing, refinancing, and capital market transactions.

• Negotiate loan agreements, covenants, and credit facilities with banks and institutions.

• Optimize the Group’s capital structure to balance cost of capital with financial flexibility.

• Advise senior management on funding options for new projects and expansions.

Risk Management & Investments

• Identify, monitor, and hedge currency, interest rate, and credit risks.

• Develop risk mitigation strategies for exposure in international operations.

• Evaluate investment opportunities for surplus cash within approved risk parameters.

• Oversee treasury-related insurance and guarantee programs.

Stakeholder & Relationship Management

• Build strong relationships with banks, rating agencies, investors, and regulators.

• Represent the company in high-level financial negotiations.

• Collaborate with business units to align treasury decisions with operational needs.

Leadership & Systems

• Lead, mentor, and develop a skilled treasury team.

• Implement treasury management systems (TMS) and digital solutions to enhance efficiency.

• Drive automation and analytics for real-time treasury insights.

Qualifications & Experience

• Bachelor’s degree in Finance, Accounting, or Economics (MBA preferred).

• Professional qualifications: CFA, CTP, or ACT (Association of Corporate Treasurers) desirable.

• 12–18 years of treasury/finance experience, with at least 5 years in a senior leadership role.

• Experience in holding companies, conglomerates, or sectors like automotive and real estate is highly valued.

• Strong track record in cash management, debt financing, and risk management.

• Familiarity with treasury management systems, ERP, and financial analytics platforms.

Skills & Competencies

• Treasury and liquidity management expertise.

• Deep understanding of capital markets, FX, and hedging strategies.

• Strong negotiation and stakeholder engagement skills.

• Risk management and compliance acumen.

• Analytical and financial modeling skills.

• Leadership and team development capabilities.

• Clear communication and board-level reporting skills.

Key Internal & External Relationships

• Internal: Managing Director – Finance, Group CFO, Business Unit CFOs, Internal Audit.

• External: Banks, financial institutions, regulators, credit agencies, rating agencies, external auditors.

Performance Indicators (KPIs)

• Group liquidity coverage and optimized cash flow.

• Cost of debt and efficiency of capital structure.

• Treasury risk exposure and mitigation effectiveness.

• Strength of banking and investor relationships.

• Implementation of treasury systems and process improvements.

• Treasury team capability development.