Banking and Finance Expert

5 days ago


Jeddah, Makkah Province, Saudi Arabia Arab National Bank Full time

Role Summary

The Treasury Manager at Arab National Bank is 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.

Key Accountabilities

  1. Treasury Operations
    Manage the day-to-day treasury operations, ensuring timely and accurate execution of transactions.
  2. Cash Management
    Develop and implement strategies to manage the company's cash flows, ensuring adequate liquidity and minimizing borrowing costs.
  3. Funding and Investment
    Negotiate with banks to secure competitive funding rates and terms, and invest excess cash in low-risk instruments to maximize returns.
  4. Risk Management
    Identify and assess potential risks to the company's treasury operations, developing and implementing mitigating strategies as necessary.
  5. Reporting and Analysis
    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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