Treasury Manager

About Matar Holding Company

Matar Holding Company is a diversified Saudi Arabian business group established in 1970 and headquartered in Dammam, Eastern Province. The group began with automobile radiator manufacturing and has expanded into various sectors including industrial manufacturing, automotive, agriculture, poultry, and animal feed.

The Role of Treasury Manager

The Treasury Manager will be responsible for overseeing the group’s treasury operations. This full-time position involves managing liquidity, cash flow, banking relationships, financing activities, and financial risk. The role ensures the availability of sufficient funds to support business operations across the group, while optimizing working capital and maintaining effective financial controls.

Key Responsibilities

• Develop and implement group-wide treasury strategies, policies, and procedures.
• Manage daily cash positions, cash pooling, liquidity, and fund allocation across group companies.
• Prepare and monitor short-term and long-term cash flow forecasts.
• Manage banking relationships, credit facilities, bank guarantees, letters of credit, and other banking instruments.
• Monitor loans, borrowings, interest costs, repayment schedules, and financing requirements.
• Coordinate with banks to negotiate competitive financing terms and banking charges.
• Monitor foreign exchange exposure and recommend appropriate risk management measures.
• Oversee bank reconciliations, cash transactions, and treasury reporting.
• Optimize working capital by monitoring receivables, payables, inventory funding, and cash conversion cycles in coordination with finance teams.
• Ensure compliance with internal treasury policies, financial controls, banking regulations, and applicable Saudi requirements.
• Prepare treasury reports, liquidity statements, borrowing reports, and cash flow analysis for senior management.
• Support annual budgeting, financial planning, and funding strategies.
• Evaluate investment and surplus cash management opportunities in line with company policies.
• Coordinate with internal and external auditors on treasury-related matters.
• Identify opportunities to improve treasury processes, banking efficiency, and cash management systems.

Qualifications and Experience

• A minimum of 10+ years of experience in treasury or related financial fields.

Work Location

This position is based in Dammam, Eastern Province, Saudi Arabia.