We are looking for an experienced Senior Treasury Specialist to join our team and support the effective management of cash, liquidity, banking relationships, and financial risks across the organization. The role will work closely with senior finance leadership and external financial institutions to ensure strong treasury governance and optimal funding structures.
Key Responsibilities
- Manage daily cash positioning, cash forecasting, and liquidity planning across all subsidiaries to ensure optimal visibility and control of cash flows.
- Optimize cash utilization through cash pooling structures and intercompany funding arrangements.
- Ensure sufficient liquidity is maintained to meet both operational and strategic requirements.
- Manage relationships with banks and financial institutions, including the opening and closing of bank accounts and the administration of signatory mandates.
- Negotiate banking facilities, pricing, guarantees, letters of credit (LCs), and foreign exchange terms.
- Oversee the governance, maintenance, and internal control framework of all bank accounts.
- Structure, secure, and manage short-term and long-term borrowing facilities in line with business needs.
- Monitor facility utilization, maturity profiles, and the overall cost of debt.
- Ensure full compliance with financing agreements, covenants, and conditions precedent.
- Arrange and negotiate both incoming and outgoing letters of credit (LCs) and letters of guarantee (LGs).
- Identify, monitor, and manage foreign exchange, interest rate, and liquidity risks.
- Execute approved hedging strategies in accordance with treasury policies.
- Monitor market exposures and recommend appropriate risk mitigation actions.
- Review, develop, and enforce treasury policies, procedures, and controls.
- Ensure strong internal controls, including appropriate segregation of duties.
- Support internal and external audits related to treasury operations and activities.
- Prepare accurate short-term and long-term cash flow forecasts.
- Produce regular treasury reports for the CFO and senior management.
- Analyze and explain variances between forecasted and actual cash flows.
- Manage surplus cash and short-term investment placements in line with approved guidelines.
- Ensure all investments comply with approved risk, return, and liquidity criteria.
- Support the implementation, enhancement, and ongoing management of treasury management systems.
- Drive continuous improvement in treasury processes, automation, and reporting efficiency.
- Ensure compliance with applicable regulatory, tax, and banking requirements.
- Support KYC, AML, and other banking compliance processes and requests.
- Maintain complete, accurate, and well-organized documentation for all treasury transactions.
Requirements
- Bachelor’s degree in finance, business administration, or a related field
- 5 – 8 years of experience in treasury
- Experience in multinational and multicultural organizations
- Strong exposure to international banking
- Fluency in English and Arabic
- Strong communication and stakeholder management skills
- Willingness to travel occasionally
