October 8, 2024

Kinan

جدة

Head Of Treasury

1. Job Purpose:
To assess, monitor, plan and manage the efficient utilization of cash and financial services in a manner consistent with the objectives of the Company.
1. Main Accountabilities:

Understand, manage, and supervise all aspects of cash flow.
Direct, monitor and trade investment portfolios including Working capital, High-Yield, Escrow, and other portfolios.
Evaluate alternative long-term borrowing strategies and make recommendations in accordance with the capital structure guidelines.
Monitor various cash flow forecasts and perform financial modeling.
Evaluate, develop and implement cash management systems to optimize efficiencies.
Manage relationships with financial service providers.
Monitor bank service fees and address quality issues.
Recommend, implement and maintain process improvements.
Manage, direct, and develop Treasury staff.

1. Job Context:
Operating Environment:

Based at HQ.
Regular meetings with Financial Institutes, etc.
Occasional travelling throughout the region as well as some international travel.
Significant use of IT applications.
Provides significant support to the senior management in decision making.
Work targets cover various timeframes depending on the nature of assignments.

Communications & Working Relationships:
Reports to the CFO. Leads the treasury team.
Framework, boundaries & decision making responsibility:

Supports the senior management.
Assists in making key decisions.
Coach subordinate staff.

Requirements
Required Qualifications:
1.Required Education & Experience:

Bachelor’s Degree in Accounting/Finance.
CTP designation strongly preferred.
Minimum 10 years relevant work experience in Treasury including a banking experience with a direct exposure to the Credit Risk management department.
Extensive experience in preparing cash forecasts and cash flow analyses.
Experience in building complex financial models to evaluate various financial plans.
Experience leading, coaching and developing staff

2.Required Languages & Computer Skills:

Excellent verbal & written English and Arabic.
Knowledge of investment portfolio strategy, banking, and financial instruments.
General knowledge of IFRS, Zakat, and Taxes reporting requirements for financial instruments.
Knowledge of treasury software expertise a plus.