Treasury Officer

Sunbulah Group; Jeddah; On-site; SAR 200,000 - 300,000; Full time

Job summary

A reputable company in Jeddah seeks a Treasury Manager to oversee cash management, handle banking transactions, and maintain relationships with financial institutions. The ideal candidate will have a university degree in Finance or Accounting and 3-5 years of treasury experience. Proficiency in Arabic and English, along with skills in cash flow forecasting and compliance management, are essential for success in this role.

Qualifications

• 3-5 years of relevant experience in treasury.
• Strong relationship management skills with banks.
• Ability to handle trade finance instruments.

Responsibilities

• Monitor daily cash position to ensure sufficient liquidity.
• Prepare cash flow forecasts to support decision-making.
• Manage loan portfolios and oversee banking transactions.

Skills

Cash flow management

Relationship management

Treasury operations

Compliance management

SAP proficiency

Education

University degree in Finance, Accounting, or related fields

Job description

Responsibilities

• Monitor daily cash position and ensure sufficient liquidity for operational and strategic needs.
• Prepare short-term and long-term cash flow forecasts to support decision-making.
• Manage existing loan portfolios, including interest payments, principal repayments, and covenant tracking.
• Handle trade finance instruments including letters of credit (LCs), bank guarantees (BGs), and bill discounting.
• Liaise with banks and internal stakeholders to ensure timely processing and compliance with trade documentation.
• Oversee all banking transactions, including fund transfers, foreign exchange deals, and online banking activities.
• Ensure timely execution and authorization of payments as per internal controls.
• Manage opening/closing of bank accounts, updating signatories, and maintaining up-to-date records in compliance with KYC and internal policies.
• Coordinate with banks to resolve any discrepancies or service-related issues.
• Uploading of bank statements in the BRS.
• Preparation of Bank Reconciliation, following up on unrecorded & unidentified transactions.
• Monitor and manage short-term surplus funds in line with the company’s investment policy.
• Timely and accurate recording of treasury transactions in SAP at month end and year end.
• Identifying and working towards automation of treasury processes.

Maintain strong relationships with banks and financial institutions.

Minimum Qualifications

• University degree in Finance, Accounting, or related fields.

Minimum Experience

• 3-5 years of relevant experience in treasury.

Language Requirements

• Arabic: Advanced
• English: Advanced