Treasury manager

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

Job summary

A financial services company in Riyadh is seeking a Treasury Manager to oversee cash flow management, investments, and financial risks. The ideal candidate will have a strong background in financial markets and treasury operations with at least 7 years of experience, preferably in manufacturing. This role requires proficiency in financial modeling and treasury management systems, particularly SAP. Competitive salary and benefits offered.

Qualifications

• 7+ years of progressive treasury experience, preferably in manufacturing.
• Proficient in financial modeling and understanding of financial markets.
• Knowledge of international banking, FX markets, and trade finance.

Responsibilities

• Manage daily cash positions and banking relationships.
• Develop and implement cash management strategies.
• Oversee debt management and manage investment portfolio.

Skills

Analytical skills

Problem-solving abilities

Financial planning

Communication skills

Leadership capabilities

Education

Bachelors degree in finance, Accounting, Economics, or related field

Tools

Treasury management systems

ERP software

SAP

Excel

Job description

Overview

The Treasury Manager will be responsible for managing the company's cash flow, investments, and financial risks while ensuring optimal liquidity for operations in the company.

Responsibilities

• Manage daily cash positions and banking relationships, ensuring sufficient liquidity for operational needs and capital expenditure
• Develop and implement cash management strategies, including cash forecasting and working capital optimization
• Monitor and analyze foreign exchange exposure, implementing hedging strategies to minimize currency risks
• Oversee debt management, including relationships with lenders, covenant compliance, and debt service obligations
• Manage investment portfolio according to company policies and risk tolerance
• Coordinate with various departments to optimize working capital through accounts receivable, accounts payable, and inventory management
• Lead treasury operations, including bank account management, transfers, and payment processing
• Develop and maintain financial models and reporting systems for cash flow forecasting
• Ensure compliance with financial regulations and internal control policies

Required Qualifications

• Bachelors degree in finance, Accounting, Economics, or related field
• 7+ years of progressive treasury experience, preferably in manufacturing
• Strong understanding of financial markets, cash management, and risk management
• Experience with treasury management systems and ERP software and SAP in particular.
• Advanced Excel skills and proficiency in financial modeling
• Knowledge of international banking, FX markets, and trade finance

Preferred Qualifications

• Master's degree in Finance or MBA
• Professional certification (CTP, CFA, CPA, ACCA)
• Experience in metals or heavy manufacturing industry
• Knowledge of commodity hedging and price risk management
• Multilingual capabilities for international operations

Skills and Competencies

• Strong analytical and problem-solving abilities
• Excellence in financial planning and strategy
• Superior communication and relationship management skills
• Ability to work under pressure and meet deadlines
• Strong leadership and team management capabilities
• Detail-oriented with excellent organizational skills