Treasury Manager
Summary
| Title: | Treasury Manager |
|---|---|
| ID: | 3191 |
| Department: | Finance |
| Location : | Riyadh |
| Nationality : | Saudi Arabia |
| Industry: | Real Estate |
| Type of Contract : | Full-time |
Description
Responsibilities-
• Optimize investment strategies for surplus funds to achieve maximum returns while minimizing risks
• Monitor and forecast cash flow positions, including project-specific and company-wide requirements. • Ensure timely and accurate payments, including vendor payments, loan servicing, and payroll
• Mitigate financial risks by implementing appropriate hedging strategies for currency and interest rate fluctuations
• Oversee the preparation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements
• Ensure compliance with local and international accounting standards and regulations
• Coordinate with external auditors to complete audits and address findings
• Develop and maintain financial reporting systems, dashboards, and management reports to support decision-making. • Prepare consolidated financial reports for the company and its subsidiaries
• Collaborate with department heads to provide treasury input for budget planning and forecasting
• Monitor budget performance and provide variance analysis with recommendations for corrective actions
• Serve as the primary point of contact for banks, financial institutions, and external auditors
• Communicate financial performance, cash flow status, and risk exposure to senior management and board members
• Work closely with the legal team to review financial terms in contracts with third parties.
Qualifications-
- Develop and execute strategies for effective cash flow management to ensure adequate liquidity for operational and project needs
• Optimize investment strategies for surplus funds to achieve maximum returns while minimizing risks
• Monitor and forecast cash flow positions, including project-specific and company-wide requirements. • Ensure timely and accurate payments, including vendor payments, loan servicing, and payroll
• Mitigate financial risks by implementing appropriate hedging strategies for currency and interest rate fluctuations
• Oversee the preparation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements
• Ensure compliance with local and international accounting standards and regulations
• Coordinate with external auditors to complete audits and address findings
• Develop and maintain financial reporting systems, dashboards, and management reports to support decision-making. • Prepare consolidated financial reports for the company and its subsidiaries
• Collaborate with department heads to provide treasury input for budget planning and forecasting
• Monitor budget performance and provide variance analysis with recommendations for corrective actions
• Serve as the primary point of contact for banks, financial institutions, and external auditors
• Communicate financial performance, cash flow status, and risk exposure to senior management and board members
• Work closely with the legal team to review financial terms in contracts with third parties.
Qualifications-
- Bachelor’s degree in Accounting, Finance, or a related field. - Additional certifications in Accounting (CMA, CTP IFRS, CFA, CPA, CB, FRP). - SOCPA Membership: Certification from the Saudi Organization for Certified Public Accountants
- . Proven experience (+5 years) as a treasury management, financial reporting,similar financial role & 2-3 years’ experiencein a Real estate Business. - Proficiency in accounting software and systems (e.g., QuickBooks, Microsoft Dynamic, SAP, Oracle).
