JOB DESCRIPTION / ROLE
The treasurer position is responsible for corporate liquidity and risk management related to the company's financial activities.
Key Responsibilities:
- Forecast cash flow positions, related borrowing needs, and available funds for investment
- Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
- Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions
- Maintain banking relationships
- Maintain credit rating agency relationships
- Arrange for equity and debt financing
- Advise management on the liquidity aspects of its short- and long-range planning
- Oversee the extension of credit to customers
- Maintain a system of policies and procedures that impose an adequate level of control over treasury activities
REQUIREMENTS
- MBA Finance/ Bachelors 1st Class Accounting or Finance preferred.
- Min 5 years relevant and similar capacity in GCC/Saudi industry preferably in diversified group.
- Should have a thorough understanding of derivatives, hedging, investments, bank account management, and international funds flows.
- Knowledge in the use of SAP software for treasury management is Preferred.
- Exceptional electronic spreadsheet construction skills and a working knowledge of statistics.
- Demonstrate strong interpersonal, communication and presentation skills
- Strong analytical and problem solving skills and meticulous
- Possess good industry background and technical writing ability and skills.
- Mature, proactive, resourceful and hands-on with good initiative.
- Independent worker who is able to work well with minimal supervision.
- Fast worker with ability to work well under stress.
- Nationality Philippine preferred.
- Work Location: Dammam, Saudi Arabia
ABOUT THE COMPANY
AL-Yamama was established as a trading and contracting firm in the year 1372H (1952G) and has executed hundreds of projects since then in the fields of construction, O&M, Roads, Landscaping ...etc.
With the view to diversify company activities and make it broad based, AL-Yamama has established specialized divisions for Power, Desalination, Railways ...etc. and has allied with reputable companies in these fields and Participated in relative consortiums.
