Treasury Manager - EPC Telecommunication Company | Saudi Arabia

Rawaj HCM Jobs; Riyadh; On-site; SAR 180,000 - 360,000; Full time

Job summary

Leading Saudi holding company seeks a Treasury Manager to lead cash management, liquidity planning, and banking operations across telecom EPC projects.

The role requires hands-on treasury expertise, strong controls, and actionable liquidity visibility to support growth and executive decision-making.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• CPA, CMA, ACCA, SOCPA, or equivalent mandatory.
• 8+ years in Treasury, Cash Management.
• Experience in telecom/EPC/infrastructure environments.
• Expertise in cash management, liquidity planning, cash flow forecasting, working capital management, and banking operations.
• Experience managing banking relationships, credit facilities, guarantees, letters of credit, and financing arrangements.
• Understanding of project-related cash flows (milestones, collections, retention, advances).
• Hands-on ERP experience (Dynamics, SAP, Oracle).
• Strong financial modeling and forecasting capabilities.
• Ability to establish treasury processes, controls, policies, and reporting in high-growth organizations.
• Leadership presence with directive and developmental management.
• Excellent financial modeling and analytical skills.
• Advanced Excel and reporting capabilities.
• Ability to work under pressure and manage ambiguity.

Responsibilities

• Lead treasury operations: cash positions, liquidity, banking activities, funding.
• Produce daily/weekly/monthly cash flow forecasts and liquidity visibility.
• Monitor cash balances, inflows/outflows, collections, payments, and working capital movements.
• Manage banking relationships, facilities, guarantees, LC, and financing arrangements.
• Oversee bank reconciliations and accurate recording of treasury transactions.
• Develop long-term liquidity plans aligned with growth and projects.
• Monitor working capital performance and cash conversion improvements.
• Coordinate with Finance, Commercial, Procurement, Project Management and senior teams for cash planning.
• Monitor bank guarantees, performance bonds, LC, and other instruments.
• Evaluate financing needs and secure suitable facilities with banks.
• Monitor financing costs, bank charges, and optimization opportunities.
• Ensure timely treasury reporting and dashboards.
• Support audits, due diligence, and financing transactions from treasury perspective.
• Drive treasury automation and ERP optimization (Dynamics/SAP/Oracle).

Skills

Cash management

Liquidity planning

Cash flow forecasting

Working capital

Banking relationships

Credit facilities

Letters of credit

Financing arrangements

Project cash flows

ERP systems

Leadership

Analytical skills

Excel

Education

Bachelor’s degree in Accounting or Finance

Tools

Microsoft Dynamics

SAP

Oracle

Job description

Join a leading Saudi holding company driving large-scale EPC telecom infrastructure projects across the Kingdom.

The Treasury Manager will lead the treasury function, ensuring effective cash management, liquidity planning, banking operations, funding, and working capital optimization across a fast-growing telecom infrastructure and EPC environment. The role requires a hands‑on treasury professional capable of strengthening treasury controls, optimizing cash utilization, managing banking relationships, and providing accurate liquidity visibility to support business growth and executive decision‑making.

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.

Knowledge, Skills, and Experience:

• 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.