Senior Treasury Specialist📣 Job Ad

About the Role

Matar Al-Baqami Holding is seeking a Senior Treasury Specialist to join its team in Dammam, Eastern Province. This full-time position is critical for managing the company’s cash flow, ensuring adequate liquidity, optimizing investments, and effectively mitigating financial risks. The role involves daily cash management, financial forecasting, maintaining banking relationships, and ensuring strict compliance with all relevant financial regulations.

Key Responsibilities

• Monitor and manage daily cash positions to ensure sufficient funds are available for operational and capital investment requirements.
• Prepare cash rolling forecasts and budgets, monitoring actual financial performance against budgeted cash flows and analyzing data for strategic decisions.
• Manage relationships with banks and other financial institutions.
• Develop and implement investment strategies to optimize returns on surplus funds, including monitoring and managing investment portfolios.
• Identify, evaluate, and mitigate financial risks, such as currency and interest rate risks.
• Manage existing debt and arrange new debt as necessary, maintaining tracking tools for loan/interest repayments and ensuring timely payments.
• Ensure compliance with internal policies and external regulations related to treasury activities, and prepare financial reports for senior management and stakeholders.
• Calculate and record finance charges, ensuring monthly accrual for unbilled finance charges.
• Conduct random validation of finance charges debited by banks to ensure correctness in line with signed agreements.
• Implement and maintain treasury management systems, continuously improving processes and procedures for efficiency and accuracy.
• Collaborate with other departments, including accounting, finance, and operations, to ensure cohesive financial management and provide treasury-related guidance.

Qualifications and Experience

• Bachelor’s degree in Finance, Accounting, or Banking.
• Minimum of 5+ years of experience in treasury, finance, or related fields.

Required Skills and Competencies

• Strong understanding of financial markets, instruments, and banking principles.
• Proficiency in treasury management systems and financial software.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong attention to detail and organizational skills.
• Ability to work independently and effectively as part of a team.
• Effective communication and interpersonal skills.

Work Details

This is a full-time position based in Dammam, Eastern Province.

Application

Candidates who meet the specified qualifications are encouraged to apply.