Manager Treasury

About Kidana

Kidana is seeking a Manager Treasury to join its team in Makkah. This full-time role is crucial for managing the organization's financial goals through specialized expertise in treasury functions.

Role Purpose

The Manager Treasury will be responsible for providing specialized expertise and managing specific areas of the treasury function, including cash management, risk management, and investment management. The primary objective is to ensure the organization's financial goals are met effectively.

Key Responsibilities

• Implement and manage Kidana's comprehensive treasury policies and procedures, focusing on optimal cash and borrowing utilization to maximize interest and currency flow.
• Manage cash flow forecasting and liquidity control, identifying opportunities to improve short-term investments.
• Review and evaluate new project financing options to recommend appropriate funding techniques.
• Evaluate and recommend improvements to Kidana's capital structure, including debt-to-equity ratios, to align with strategic objectives.
• Manage relationships with financial institutions, including banks and investors, to ensure a smooth flow of fund requirements.
• Manage financial risk analysis related to Kidana's investments, including interest rate and foreign exchange risk, and recommend mitigation measures.
• Supervise day-to-day operational tasks for investment activities, including trade processing, settlement, and reconciliation.
• Collaborate with the investment management team to determine transaction structure outcomes by providing input on finance and capital structure.
• Present treasury financial reports, including cash flow forecasts and financial analyses, to senior management and the board of directors.
• Ensure compliance with regulatory requirements related to treasury management, such as banking regulations, tax laws, and accounting standards.

Leadership Accountabilities

• Oversee workforce planning and talent acquisition strategies, reports, figures, and budgets for the treasury department to ensure adequate staffing levels that contribute to Kidana's strategic objectives.
• Set performance management objectives based on treasury department KPIs and performance targets for all reporting team members, and conduct mid-year and year-end performance reviews.
• Direct the identification of talent for pivotal roles in coordination with the Human Capital Department from a succession management standpoint.
• Take decisive action to ensure speedy resolution of unresolved grievances or conflicts among team members.

Qualifications and Experience

• A minimum of 10 years of relevant experience in treasury functions.

Work Location

This position is based in Makkah, Saudi Arabia, and is a full-time role.