Treasury Manager

Responsibilities

- Develop and execute strategies for effective cash flow management to ensure adequate liquidity for operational and project needs.
- Manage banking relationships to negotiate terms for loans, lines of credit, and other financial instruments.
- 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' experience in a real estate business.
- Proficiency in accounting software and systems (e.g., QuickBooks, Microsoft Dynamic, SAP, Oracle).