Treasury Manager

Stellar Hunters; Dhahran Compound; On-site; SAR 200,000 - 300,000; Full time

Job summary

A financial services company located in Dhahran Compound is searching for a Treasury Manager to manage cash and liquidity while optimizing working capital and overseeing banking relationships. The ideal candidate will possess over 5 years of treasury experience, strong analytical skills, and the ability to communicate effectively with senior leadership. This full-time position offers a competitive salary and a comprehensive benefits package, supporting professional development in a team-oriented environment.

Benefits

Health insurance

Retirement plan options

Paid time off

Professional development opportunities

Qualifications

• 5+ years of progressive treasury or cash management experience.
• Demonstrated experience with cash forecasting and working capital optimization.
• Strong analytical and problem-solving skills.

Responsibilities

• Oversee daily cash and liquidity management.
• Prepare and maintain cash flow forecasts.
• Implement internal treasury controls and policies.

Skills

Cash management

Analytical skills

Bank relationship management

Communication skills

Excel proficiency

Problem-solving

Organizational skills

Education

Bachelor’s degree in Finance, Accounting, or Economics

Tools

Treasury management systems

ERP Systems (NetSuite, Oracle, SAP)

Job description

We are seeking a strategic and detail-oriented Treasury Manager to join our finance team. The ideal person will manage cash and liquidity, optimize working capital, oversee banking relationships, and lead treasury operations to support the company’s financial objectives. This role requires strong analytical skills, hands‑on treasury experience, and the ability to partner with finance, operations, and senior leadership to mitigate financial risk and improve cash efficiency.

Key Responsibilities for Treasury Manager - Cash Management, Liquidity & Risk

• Oversee daily cash and liquidity management, including cash positioning, forecasting, and short‑term investments to ensure sufficient liquidity for operations and strategic initiatives.
• Develop and maintain bank account structures, signatory authorities, and banking documentation; manage relationships with banks and treasury service providers.
• Prepare and maintain rolling cash flow forecasts (daily/weekly/monthly), incorporating operational drivers, capital expenditures, and treasury activities; provide insights and action plans to optimize cash.
• Manage working capital initiatives, including AR, AP, and inventory financing strategies; partner with accounting and business units to identify and implement operational improvements.
• Implement and monitor internal treasury controls and policies to safeguard cash, mitigate fraud risk, and ensure compliance with company procedures and regulatory requirements.
• Execute and oversee bank‑funded activities such as payments, wire transfers, ACH, lockboxes, merchant processing, and bank reconciliations; ensure timely and accurate settlement of transactions.
• Manage short‑term borrowing and banking facilities, including utilization of credit lines, negotiation of terms, covenant tracking, and lender communications.
• Support treasury‑related accounting and month‑end close activities, collaborate with accounting to ensure accurate recording of cash and financing transactions, and prepare variance analyses as needed.
• Lead treasury system administration and process improvements, including automation of treasury workflows, implementation of TMS/ERP integrations, and enhancements to reporting and dashboards.
• Provide regular reporting to finance leadership on cash position, liquidity metrics, covenant status, counterparty exposures, and treasury KPIs; present findings and recommendations to senior stakeholders.
• Support audits, bank confirmations, and compliance requests; maintain documentation for controls testing and respond to internal or external auditor inquiries.

Required Qualifications - Treasury Manager Skills & Experience

• Bachelor’s degree in Finance, Accounting, Economics, or related field, or equivalent experience.
• 5+ years of progressive treasury, cash management, or corporate finance experience in a corporate environment.
• Demonstrated experience with cash forecasting, bank relationship management, payments operations, and working capital optimization.
• Strong Excel skills and experience with treasury management systems, ERP/GL systems (e.g., NetSuite, Oracle, SAP) and banking platforms; familiarity with APIs and payment rail technologies is a plus.
• Knowledge of treasury controls, fraud prevention techniques, and regulatory requirements related to payments and cash management.
• Excellent analytical, organizational, and problem‑solving skills with strong attention to detail and data accuracy.
• Effective verbal and written communication skills; capable of presenting treasury metrics and recommendations to cross‑functional partners and senior leadership.
• Ability to manage multiple priorities, lead cross‑functional initiatives, and drive process improvements.

Preferred Qualifications - Certifications & Tools

• Advanced degree (MBA) or professional certification such as CTP (Certified Treasury Professional), CPA, or CFA is a plus.
• Experience with treasury management systems (TMS), cash pooling, in‑house banking, or intercompany netting strategies.
• Prior experience in a public company or regulated industry and familiarity with audit and compliance requirements related to treasury.
• Exposure to foreign exchange hedging, interest rate risk management, or corporate debt management preferred.

Work Environment & Compensation - Treasury Manager Salary & Benefits

• Full‑time position with an onsite work model.
• Competitive salary commensurate with experience and a comprehensive benefits package, including health insurance, retirement plan options, and paid time off.
• Opportunities for professional development, training, and support for continuing education and certification.
• Collaborative team environment with a commitment to diversity, equity, and inclusion.