Treasury Specialist

7 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Riyadh Cement Company Full time

Direct message the job poster from Riyadh Cement Company

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JOB PURPOSE:

  • To manage the company treasury function and protect the company against currency movements and fluctuations.

Generic Accountability:

  • Manage the organization's treasury functions.
  • Monitor and optimize cash flow and liquidity.
  • Execute cash management activities, including cash positioning, forecasting, and funding.
  • Assist with managing the organization's banking relationships.
  • Support risk management and financial planning activities.
  • Ensure compliance with treasury policies, regulations, and internal controls.

Specific Accountability:

  • Follow the assessment and implementation of improved processes and new technologies, and collaborate with management regarding the implementation of these improvements.
  • Team up with management to implement company strategies.
  • Evaluate the performance of subordinates.
  • Develop the skills of subordinates.
  • Support development plans and nationalization objectives.

Day-to-day operations:

  • Monitor and analyze cash flow and liquidity positions.
  • Execute daily cash positioning and forecasting activities.
  • Coordinate and execute cash funding and disbursement activities.
  • Manage bank accounts and perform bank reconciliations.
  • Assist with cash flow reporting and analysis.
  • Monitor and analyze interest rates, foreign exchange rates, and market trends.
  • Assist with managing the organization's banking relationships, including account opening and maintenance.
  • Assist in the evaluation and implementation of treasury systems and technologies.
  • Support risk management activities, such as hedging and insurance.
  • Collaborate with cross-functional teams, including finance, accounting, and operations, to optimize cash flow and liquidity.
  • Assist in the development and implementation of treasury policies and procedures.
  • Ensure compliance with treasury regulations, accounting principles, and internal control processes.
  • Stay updated on changes in treasury practices, regulations, and financial markets.
  • Participate in financial planning and budgeting processes.
  • Support internal and external audits related to treasury activities.
  • Provide support and guidance to other finance and accounting team members.
  • Adhere to deadlines and prioritize tasks to meet reporting and operational requirements.
  • Assist with ad-hoc financial projects and tasks as assigned.

QUALIFICATIONS

  • Education: BA certificate in accounting or finance field.

EXPERIENCE

  • Minimum 3 years in relevant fields.
Seniority level
  • Mid-Senior level
Employment type
  • Full-time
Job function
  • Accounting/Auditing, Analyst, and Finance
Industries
  • Manufacturing
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