Senior Treasury Manager

Job description / Role

Our client is a leading service provider in KSA, operating across oil & gas, healthcare, construction, and remote industries. They are currently seeking for a Sr. Treasury Manager (KSA National) to control financial management of cash, liquidity, working capital, loan facilities, and banking operations.

The successful candidate will strategically lead the operations, manage treasury effectively and efficiently and build a culture of continuous improvement.

Key Responsibilities:
• Manage all cash management functions including cash concentration, wires, account funding.
• Ensure adequate liquidity for working capital needs and invest short term excess cash.
• Manage dividends payments and capital injections.
• Forecast interest expense and income.
• Oversee cash management banking and financial institution relationships. Negotiate bank and service fees. Implement new bank technologies, products, and services to improve cash cycle and simplify company operations.
• Forecast weekly, monthly, and yearly cash flow.
• Work in close coordination with both Accounts receivable and accounts payable teams.
• Establish Treasury controls including oversight of all payments, bank account opening/ closing; account signatories and KYC.
• Ensure compliance with internal controls, policies, and procedures.
• Develop and monitor treasury operational policies. Manage IFRS / IAS compliance for Treasury operations.

• Must possess an accounting degree with 10+ years of overall experience in cash management, and/ or corporate finance in a corporate or a banking environment.
• Strong analytical, financial and systems skills are required.
• Systems and Spreadsheets experience
• Experience working in corporate business environment.
• Certified Treasury Professional designation is a plus.
• Familiarity with SAP system.
• Prior experience with bank and debt documentation
• Strong people, process and systems understanding with a keen interest in promoting improvement and challenging existing processes where appropriate.

About the Company

Service

Our aim is to provide our clients and candidates with a consistent, quality service that goes beyond the norm, giving them peace of mind and complete trust in our ability to meet their needs.

Knowledge

Big Fish consultants specialise in their fields and have extensive experience in the region and beyond. We take pride in our knowledge and network and believe that our relationships are built on trust and integrity and are made for the long term.

Care

At Big Fish, as well as caring for the people we work with, we also care about the world and environment we live in, that's why Big Fish support initiatives that promote human welfare, environmental protection and sustainability.