Head, Treasury Management
2 days ago
Monitors, plans and manages the efficient utilization of cash and financial services in a manner consistent with the objectives of the Hospital.
**Essential Responsibilities and Duties**:
1. Manages the Department’s mandates and facilitate work processes in order to achieve performance standards.
2. Ensures compliance with internal controls, policies and procedures and quality standards in the Treasury Management Departmnet.
3. Manages day-to-day treasury operation and cash management functions including cash positioning, reporting and forecasting, short-term investments and borrowing, wire payments, fraud prevention, bank account governance and maintenance and bank relationship management.
4. Collaborates with the Director, Treasury and Investment to discuss the weekly/monthly progress reports, seek guidance on resolving challenges etc.
5. Reviews and evaluate cash forecasting and cash flow reports. Works with appropriate business teams to evaluate changes and trends in cash flows.
6. Ensures efficient cash management by coordinating with collections, payments and budgeting department.
7. Liaisons with banks for short and long term funds.
8. Performs bank account administration duties such as the opening, closing and maintenance of Hospital’sbank accounts.
**Education**:
Master’s or Bachelor’s Degree in Accounting, Finance, or related discipline is required
**Experience Required**:
Nine (9) years of related experience with Master’s, or elven (11) years with Bachelor’s Degree, including four (4) years in a senior/ supervisory capacity is required.
**Other Requirements(Certificates)**:
? Professional accounting qualification such as Accounting certification, Certified Management Accountant (CMA), etc. is preferred.
? Saudi National only.
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