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.
- 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.