Treasury Manager - Arabic Speaker

Treasury Manager - Arabic Speaker

Robert Walters
5-8 years
Not Specified

Job Description

Job Description :
A large and well-known construction company in Riyadh is looking to hire a Treasury Manager. The successful candidate will be able to assess, monitor, plan and manage the efficient utilization of cash and financial services in a consistent matter whilst meeting the objectives of the company. In addition, they will be responsible for maintaining bank relations and negotiating fees and rates.
Key Responsibilities:
  • Understand, manage, and supervise all aspects of cash flow
  • Forecast daily cash requirements for the subcontractors and vendors and execute daily financing decisions
  • Determine the Company’s goals and risk tolerance
  • Review and recommend changes to the investment policies based on the market conditions
  • Prepare or monitor the company’s various cash flow forecasts and perform financial modeling
  • Evaluate, develop and implement cash management systems to optimize efficiencies
  • Understand and manage appropriate accounting procedures and processes
  • Manage relationships with financial service providers like banks and others
  • Monitor bank service fees and address quality issues
  • Meet with cash management banks to plan cash management vs. Company’s needs
  • Evaluate alternative long-term borrowing strategies and make recommendations in accordance with the capital structure guidelines
  • Manage, direct, and develop Cash Management staff
  • Recommend, implement and maintain process improvements
  • Provide technical and other support for projects as needed
  • Support and participate in Company’s Strategic Plan activities
  • Additional duties as directed by supervisor

Qualifications and requirements:
  • Bachelor’s Degree in Accounting/Finance.
  • 5+ years’ experience as a treasury manager ideally in a Construction Company
  • Extensive experience in preparing cash forecasts and cash flow analysis
  • Experience in the preparation of financial schedules
  • Experience in building complex financial models to evaluate various financial plans
  • Arabic language skills is a must

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