Treasury Manager

ELEVUS ‑ PEOPLE & BUSINESS RESULTS, LDA; Jizan; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading business consultancy in Jizan is seeking a Treasury Manager to oversee operations, manage cash flow, and develop treasury policies. The ideal candidate will have a Bachelor's degree in Accounting or Finance, at least 5 years of treasury experience, and proficiency in SAP FI/CO modules. Responsibilities include ensuring liquidity, managing banking relationships, and supervising treasury staff for efficient operations.

Qualifications

• Bachelors degree in Accounting or Finance; CA or CPA preferred.
• Minimum 5 years in accounting or treasury experience, ideally in an industrial setting.
• Proven experience in developing financial processes and controls.

Responsibilities

• Develop and implement treasury policies for risk management.
• Manage daily cash flow to ensure operational liquidity.
• Supervise treasury staff and support professional development.

Skills

Risk management

Cash flow management

Banking relationships

Financial reporting

Treasury operations

Education

Bachelors degree in Accounting or Finance

Professional certification (e.g., CA, CPA)

Tools

SAP FI/CO

Job description

Job Purpose:
Oversee treasury operations by developing and implementing cash flow and risk management strategies, ensuring adequate liquidity, effective banking relationships, and compliance with treasury policies and controls.

Key Responsibilities

Treasury Policies & Risk Management

Develop and implement treasury policies, including foreign exchange and risk management frameworks.

Identify, assess, and report on interest rate, currency, liquidity, and counterparty risks.

Maintain internal controls to safeguard financial assets.

Cash & Bank Management

Manage daily cash flow to ensure sufficient operational liquidity.

Oversee bank account structures and optimize fund transfers.

Negotiate banking terms to minimize transaction costs and improve interest returns.

Monitor daily bank balances, interest rates, and market exposure.

Treasury Operations

Review daily treasury P&L and cash position reports.

Coordinate short-term funding, investments, and internal financing requirements.

Ensure accurate and timely issuance of invoices and collection updates.

Provide management with regular cash and liquidity reports.

People & Process Management

Supervise treasury staff, ensuring efficient workload distribution and professional development.

Support continuous improvement of treasury systems and processes.

Manage departmental budget within defined limits.

Qualifications & Experience

Bachelors degree in Accounting or Finance; professional certification (e.g., CA, CPA) preferred.

Minimum 5 years accounting or treasury experience, ideally within an industrial environment.

Proven experience developing financial processes and controls.

Proficiency in SAP FI/CO modules required.