Treasury Financial Operations Manager

Job description / Role

A large MNC are looking to appoint a Financial Operations Manager to oversee the banking operations and cash management functions. The purpose of this role is to ensure designated cash processing, reconciliation and reporting tasks are accurately completed in compliance with the company policies and regulations

Responsibilities
• Develop and maintain all banking and cash management policies, procedures and associated internal controls
• Ensure that all banking and cash transactions comply with internal and Saudi banking and other associated regulatory requirements.
• Develop and manage revenue and collection systems effectively.
• Run Cash Management operations in a cost efficient manner in terms of people and opportunity costs, with maximum possible automated integration with other processes (AR, AP, and Payroll) and in compliance with internal and external audit requirements.
• Maintain and optimize use of e-banking systems.
• Maintain efficient relationships with the cash management and transactional banking partners
• Reconcile all cash applications, disbursements and bank accounts in a timely manner.
• Monitor cash transactions to ensure accurate bank accounts balance and financial statements and investigate suspicious items.
• Complete all cash management set-up documentation for new and existing department processes; prepare correspondence and proposal templates directed to and for cash management
• Ensure the availability of liquidity by forecasting and monitoring cash flows (weekly, monthly, quarterly etc.)
• Coordinate with project managers, project controllers and other relevant groups to accurately forecast timing and future cash flows over the next two years
• Manage and oversee the day-to-day work performed by division staff.
• Perform all tasks and activities in accordance with policies and procedures
• Assess the level of skills set of employees and identify the need for development programme
• Motivate, coach, develop and support respective employees.

Requirements

• Bachelor’s degree in Finance, Accounting, Business Administration or any related field.
• Master in Business Administration or specialized certificates is preferred.
• Minimum 15-20 Years’ experience in relevant fields

Attractive salary plus benefits

About the Company

At Hays, we invest in lifelong partnerships that empower people and businesses to succeed. With over 50 years’ success under our belts and a workforce of 10,000+ people across 32 countries, we’ve evolved to put our customers at the heart of everything we do.

So much more than a specialist recruitment business, what really sets us apart is our knowledge through scale, deep understanding and our ability to meaningfully innovate for our customers. By providing advice, insights and expertise on issues you face today in the fast-paced world of work, we help you make the right decisions for tomorrow.

Offering an unrivalled suite of recruitment and workplace solutions, whether you’re looking for what’s next in your career, or have a gap to fill, we’ll help you get where you want to go.

You can rely on us to deliver today and help you plan for tomorrow.