Treasury Manager

The Professionals; Riyadh; On-site; SAR 120,000 - 240,000; Full time

Job summary

An established industry player is seeking a Treasury Manager to oversee cash flow management and financial reporting. This pivotal role involves developing strategies for effective liquidity management, optimizing investment returns, and ensuring compliance with accounting standards. The ideal candidate will have over five years of experience in treasury management, coupled with a solid background in real estate finance. Join a dynamic team where your expertise will directly influence financial decision-making and organizational success. If you are passionate about finance and ready to take on a leadership role, this opportunity is for you.

Qualifications

• 5+ years in treasury management or financial reporting, with experience in real estate.
• Strong knowledge of accounting software and financial compliance.

Responsibilities

• Develop strategies for cash flow management and ensure liquidity for projects.
• Prepare financial statements and ensure compliance with accounting standards.

Skills

Treasury Management

Financial Reporting

Cash Flow Management

Risk Mitigation

Budget Planning

Education

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

Additional certifications (CMA, CTP, IFRS, CFA, CPA, CB, FRP)

SOCPA Membership

Tools

QuickBooks

Microsoft Dynamics

SAP

Oracle

Job description

Bachelor of Business Administration (Management)

Nationality

Any Nationality

Vacancy

1 Vacancy

Job Description

Responsibilities:

• Develop and execute strategies for effective cash flow management to ensure adequate liquidity for operational and project needs
• Manage banking relationships to negotiate terms for loans, lines of credit, and other financial instruments
• Optimize investment strategies for surplus funds to achieve maximum returns while minimizing risks
• Monitor and forecast cash flow positions, including project-specific and company-wide requirements. Ensure timely and accurate payments, including vendor payments, loan servicing, and payroll
• Mitigate financial risks by implementing appropriate hedging strategies for currency and interest rate fluctuations
• Oversee the preparation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements
• Ensure compliance with local and international accounting standards and regulations
• Coordinate with external auditors to complete audits and address findings
• Develop and maintain financial reporting systems, dashboards, and management reports to support decision-making. Prepare consolidated financial reports for the company and its subsidiaries
• Collaborate with department heads to provide treasury input for budget planning and forecasting
• Monitor budget performance and provide variance analysis with recommendations for corrective actions
• Serve as the primary point of contact for banks, financial institutions, and external auditors
• Communicate financial performance, cash flow status, and risk exposure to senior management and board members
• Work closely with the legal team to review financial terms in contracts with third parties.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field. Additional certifications in Accounting (CMA, CTP, IFRS, CFA, CPA, CB, FRP). SOCPA Membership: Certification from the Saudi Organization for Certified Public Accountants.
• Proven experience (+5 years) in treasury management, financial reporting, or a similar financial role & 2-3 years experience in a Real Estate Business. Proficiency in accounting software and systems (e.g., QuickBooks, Microsoft Dynamics, SAP, Oracle).

Company Industry

• Consulting
• Management Consulting
• Advisory Services

Department / Functional Area

• Finance
• Treasury

Keywords

• Treasury Manager