Job Location: Riyadh, KSA.
Position Title: Treasury Manager
Department: Finance
Reports to: CFO
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.
Key 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
People Dynamics is an integrated HR solutions company set up by a group of HR practitioners with significant global experience and achievements. We have the capabilities and a proven track record of having designed HR solutions around global best practices while keeping the right local flavour and delivering the most desirable results for our clients.
Currently, People Dynamics services clients in Qatar, Oman, Kuwait, Jordan, Maldives, Kenya, Tanzania, Myanmar and Indonesia.
If you are looking for practical solutions for your HR needs and a service provider with global expertise and strong local roots, we will be glad to be of assistance. Our range of services are spread across 5 lines of business
Executive Search
Senior and Middle Management Search
General Staffing / Professional Staffing/ Outsourcing
Human Resources Consulting
Qatarization
