Treasury Manager

Confidential Government; Jeddah; On-site; SAR 420,000 - 540,000; Full time

Job summary

Confidential Government is seeking an experienced Treasurer to oversee all treasury operations in Jeddah, ensuring robust liquidity, strong banking relationships, and effective risk management.

Responsibilities include cash forecasting, bank reconciliations, and regulatory compliance, with leadership of the treasury team and regular reporting to senior management. Extensive travel between Jeddah and Riyadh is required.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 8+ years’ treasury or corporate finance experience.
• Strong cash management and banking facilities knowledge.
• Advanced analytical, modeling, and reconciliation skills.
• Leadership and stakeholder management capabilities.

Responsibilities

• Oversee daily treasury operations and ensure accurate bank transaction records.
• Develop cash flow forecasts and liquidity plans.
• Review bank reconciliations and resolve discrepancies.
• Manage relationships with banks and negotiate facilities.
• Lead treasury planning, forecasting, and risk management.
• Ensure regulatory and internal controls compliance.
• Prepare treasury reports and liquidity analysis for senior management.
• Oversee month-end and year-end treasury closings.

Skills

Cash management

Banking operations

Financial risk management

Financial modeling

Reconciliation

ERP systems

MS Excel

Leadership

Communication

Stakeholder management

Strategic thinking

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

ERP systems

MS Excel

Job description

Responsible for managing and overseeing the company’s treasury operations, including cash flow management, banking relationships, liquidity planning, and financial risk management, while ensuring compliance with company policies and financial regulations.

Job Accountabilities

• Oversee and manage daily treasury operations, ensuring all bank transactions are accurately recorded and properly controlled.
• Develop and monitor cash flow forecasts to ensure adequate liquidity for operational and strategic needs.
• Review bank reconciliations and ensure discrepancies are identified and resolved promptly.
• Manage relationships with banks and financial institutions, including negotiating banking facilities and services.
• Supervise the processing of credit facilities, letters of guarantee, and other banking transactions.
• Lead treasury planning and forecasting by analyzing cash inflows and outflows and recommending strategies to optimize cash management.
• Ensure compliance with internal financial controls, treasury policies, and regulatory requirements.
• Oversee month-end and year-end treasury closing activities and ensure accuracy in financial reporting.
• Prepare and present treasury reports, liquidity analysis, and financial insights to senior management.
• Identify and manage financial risks related to liquidity, currency, and banking operations.
• Guide and support the treasury team to ensure efficient and accurate treasury processes..

Job Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• 8 years or more of experience in treasury, banking operations, or corporate finance.
• Strong knowledge of cash management, banking facilities, and financial risk management.
• Advanced analytical, financial modeling, and reconciliation skills.
• Proficiency in accounting systems, ERP systems, and advanced MS Excel.
• Strong leadership, communication, and stakeholder management skills.
• High level of accuracy, strategic thinking, and problem-solving ability.

Travel Requirements

• The job requires extensive travel between Jeddah and Riyadh