Treasury Manager

flyadeal; Jeddah; On-site; SAR 180,000 - 240,000; Full time

Job summary

A leading airline company in Jeddah is seeking a Treasury Manager to oversee daily treasury operations, including financing and risk management. The ideal candidate holds a Bachelor’s degree in finance, has over 6 years of varied finance experience, and preferably has worked in an airline accounting setting. Strong leadership and strategic thinking skills are essential for this role.

Qualifications

• Minimum +6 years’ experience in Finance over several areas and responsibilities.
• Experience in an airline accounting environment is a distinct advantage.
• General financial accounting knowledge.

Responsibilities

• Review, improve and document banks, cash and liquidity management and business processes.
• Ensure timely payment processing from treasury.
• Manage a company's cash flow and financial risks.
• Forecast cash positions and develop risk mitigation strategies.
• Manage and maintain Cash, BG, and other bank transactions.
• Ensure coordinated bank reconciliation processes.
• Maintain appropriate levels of interest-bearing deposits and investments.
• Manage the team in the monthly closing process.

Skills

Liquidity management

Cash management

MS Office

Mathematical ability

Leadership

Strategic thinking

Attention to detail

Time management

Education

Bachelor’s degree in finance

Tools

Banking platforms

Enterprise Resource Planning (ERP)

Job description

The role is responsible for managing daily treasury operation including -but not limited to- financing, cash recycling/ investment, foreign currency risk identification and/or mitigation. Developing and implementing short/ long term cash flow forecast.

Key Responsibilities

• Review, improve and document banks, cash and liquidity management and business processes.
• Ensure timely payment processing from treasury and with strict observation of the approval limits and controls.
• Manage a company's cash flow, liquidity, and financial risks to support long-term financial health and strategic goals.
• Forecast cash positions, and develop strategies for financial risk mitigation, like interest rate and currency exposure.
• Manage and maintain Cash, BG, and any others bank transactions.
• Ensure that the different parts of the finance department are coordinated in the bank reconciliation process.
• Ensure appropriate levels of interest-bearing deposits and investments are always maintained.
• Manage the team in monthly closing process.

Requirements

• Bachelor’s degree in finance.
• Minimum +6 years’ experience in Finance over several areas and responsibilities.
• Experience in an airline accounting environment a distinct advantage.
• Liquidity and cash management
• MS Office.
• Mathematical Ability.
• Enterprise resource planning
• Banking platforms
• Reporting and performance measurement
• General financial accounting knowledge.
• Leadership and team management
• Strategic thinking
• Attention to detail and accuracy
• Time management and prioritization