Compliance and Risk Manager
5 days ago
About the Position
The Treasury Manager at Arab National Bank is a key member of the company's finance team, responsible for managing the company's treasury functions, including cash flow management, funding, and investment. This role requires a strong understanding of banking and finance principles, as well as excellent communication and relationship-building skills.
Responsibilities
- Cash Flow Optimization
ANALYZE CASH INFLOWS AND OUTFLOWS TO IDENTIFY OPPORTUNITIES FOR OPTIMIZATION AND DEVELOP STRATEGIES TO MINIMIZE BORROWING COSTS. - Funding Options
NEGOTIATE WITH BANKS TO SECURE COMPETITIVE FUNDING RATES AND TERMS, AND EXPLORE ALTERNATIVE FUNDING OPTIONS TO SUPPORT BUSINESS GROWTH. - Risk Mitigation
IDENITFY POTENTIAL RISKS TO THE COMPANY'S TREASURY OPERATIONS AND DEVELOP MITIGATING STRATEGIES TO MINIMIZE THEIR IMPACT. - Stakeholder Engagement
BUILD AND MAINTAIN STRONG RELATIONSHIPS WITH BANK REPRESENTATIVES, SUPPLIERS, AND OTHER STAKEHOLDERS TO ENSURE SMOOTH EXECUTION OF TREASURY TRANSACTIONS. - Performance Metrics
PREPARE REGULAR REPORTS ON TREASURY PERFORMANCE, ANALYZING TRENDS AND PROVIDING RECOMMENDATIONS FOR IMPROVEMENT.
Requirements
TO BE SUCCESSFUL IN THIS ROLE, YOU WILL NEED A MINIMUM OF 7 YEARS' EXPERIENCE IN TREASURY MANAGEMENT, PREFERABLY IN AN INTERNATIONAL FMCG COMPANY. A BACHELOR'S DEGREE IN ACCOUNTING, FINANCE, OR MBA IS REQUIRED. FLUENCY IN ENGLISH AND ARABIC (READ, WRITE, SPEAK) IS ESSENTIAL, AS IS THE ABILITY TO ESTABLISH NEW RELATIONSHIPS AND MANAGE/Maintain EXISTING ONES.
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