Treasury Manager

Client of Rawaj Company for Recruitment; Riyadh; On-site; SAR 240,000 - 360,000; Full time

Job summary

Client of Rawaj Company for Recruitment is seeking an experienced Treasury Manager to oversee daily cash positions, liquidity, and funding needs. The role requires strong banking relationship management and coordination with Finance, Procurement, and PMO across telecom/infra projects.

Candidate should have 8+ years in treasury, a Bachelor’s in Accounting or Finance, and professional certification (CPA/CMA/ACCA/SOCPA). ERP expertise (Dynamics/SAP/Oracle) is essential.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• Mandatory professional certification: CPA, CMA, ACCA, SOCPA, or equivalent.
• Minimum 8 years in treasury, cash management.
• Experience in telecom/EPC/infrastructure or project-driven settings.
• Strong cash management, liquidity planning and banking operations.

Responsibilities

• Lead daily cash positions, liquidity management, and funding planning.
• Prepare forecast cycles: daily, weekly, monthly cash flow projections.
• Monitor cash balances, inflows/outflows, working capital movements.
• Manage and optimize banking relationships and facilities.
• Oversee reconciliations and treasury transaction recording.
• Develop short-to-long term liquidity plans aligned with growth.
• Improve cash conversion and optimize supplier/payment cycles.
• Coordinate treasury with Finance, Procurement, PMO and execs.
• Manage guarantees, LC, and other banking instruments.
• Ensure treasury reporting and support audits and initiatives.
• Drive ERP optimization and treasury automation initiatives.

Skills

Treasury management

Cash flow forecasting

Liquidity planning

Banking relationships

ERP systems

Education

Bachelor's degree in Accounting or Finance

CPA/CMA/ACCA/SOCPA or equivalent

Tools

Microsoft Dynamics

SAP

Oracle

Job description

Key Accountabilities

• Lead the overall treasury operations ensuring effective management of daily cash positions liquidity banking activities and funding requirements
• Prepare and maintain daily weekly and monthly cash flow forecasts ensuring accurate visibility of liquidity requirements and funding gaps
• Monitor cash balances inflows outflows collections payments and working capital movements across the business and projects
• Manage and optimize banking relationships including account management bank facilities guarantees letters of credit financing arrangements and other banking services
• Oversee bank reconciliations and ensure accurate and timely recording of all treasury and banking transactions
• Develop and maintain short- medium- and long-term liquidity plans aligned with business growth project requirements and investment plans
• Monitor working capital performance including accounts receivable accounts payable collections supplier payments and project cash cycles and recommend actions to improve cash conversion
• Manage treasury requirements related to telecom infrastructure and EPC projects including project-related guarantees retention advance payments milestone collections and payment obligations
• Coordinate with Finance Commercial Procurement Project Management and senior management teams to ensure effective cash planning and working capital management
• Monitor and manage bank guarantees performance bonds advance payment guarantees letters of credit and other financial instruments ensuring timely issuance renewal amendment and release
• Evaluate financing and funding requirements and coordinate with banks and financial institutions to secure appropriate facilities and competitive banking terms
• Monitor interest rates financing costs bank charges and other treasury-related expenses identifying opportunities for optimization
• Ensure accurate and timely treasury reporting including cash position liquidity forecasts bank exposure debt facility utilization guarantees and working capital dashboards
• Support external audits due diligence financing transactions and investment-related initiatives from a treasury perspective
• Drive treasury automation and ERP optimization initiatives preferably through Microsoft Dynamics SAP Oracle or similar ERP TMS platforms

Qualifications

• Bachelor's degree in Accounting or Finance
• Professional certification is mandatory: CPA, CMA, ACCA, SOCPA, or equivalent
• Minimum 8 years of progressive experience in in Treasury, Cash Management
• Strong experience within telecom, EPC, infrastructure, construction, or project-driven environments
• Proven expertise in cash management, liquidity planning, cash flow forecasting, working capital management, and banking operations .
• Strong experience managing banking relationships, credit facilities, guarantees, letters of credit, and financing arrangements .
• Strong understanding of project-related cash flows, including milestone billing, collections, retention, advance payments, and supplier/subcontractor payment cycles .
• Strong hands-on experience with ERP systems, preferably Microsoft Dynamics, SAP, or Oracle.
• Strong financial modeling and cash flow forecasting capabilities.
• Proven ability to establish treasury processes, controls, policies, and reporting structures in lean, high-growth, or investment-backed organizations .
• Strong leadership presence with directive and developmental management capability.
• Excellent financial modeling, analytical, and problem-solving skills.
• Advanced Excel and reporting capabilities.
• Ability to work under pressure, manage ambiguity, and lead through change in fast-paced environments.
• High level of integrity, accountability, confidentiality, and execution discipline .