Treasury Specialist📣 Job Ad

Join the Master Works team as a Treasury Specialist!
Master Works is looking for a Treasury Specialist to manage banking relationships and support cash management activities in the company. This role will play a key part in communicating with banks and ensuring effective handling of all banking transactions, liquidity, and related financial operations.

Main Responsibilities:

• Manage and maintain relationships with local and international banks.
• Communicate with finance teams and banking partners.
• Monitor daily cash balances and ensure the availability of necessary liquidity.
• Execute local and international payments and financial transfers.
• Manage banking facilities including loans and letters of credit.
• Coordinate with banks regarding documentation, approvals, and regulatory requirements.
• Update company and banker account records and signatures.
• Conduct regular bank reconciliations and resolve discrepancies.
• Support cash flow monitoring and prepare activity reports.
• Ensure compliance with internal standards and financial policies of the company.

Requirements:

• Bachelor's degree in finance, accounting, or a related field.
• 2 to 5 years of experience in treasury, banking, or finance.
• Experience dealing with banks in Saudi Arabia.
• Knowledge of banking products.

Behavioral Skills:

• Communicate clearly and professionally with internal teams and external stakeholders.
• Build strong professional relationships with banks and stakeholders.
• Ensure the accuracy of financial transactions and quickly identify discrepancies.
• Take full responsibility for tasks and complete them with minimal supervision.
• Effectively prioritize and meet deadlines in a fast-paced environment.
• Handle sensitive financial information efficiently.
• Collaborate effectively with finance teams and functions across departments.
• Ability to adapt to changing priorities.

Language Skills:

• Proficiency in English (reading, writing, and speaking).

Position Summary
The Internal Audit Manager is responsible for overseeing the operational, financial, and compliance audits within the organization. This role involves managing the end-to-end audit lifecycle, leading a team of auditors, and ensuring that all activities align with the International Professional Practices Framework (IPPF) and the Global Internal Audit Standards.

Key Responsibilities

• Audit Planning & Execution: Lead the development of risk-based audit programs that address key operational, financial, and compliance risks and oversee the execution of fieldwork to ensure high-quality evidence collection and analysis.
• Execution & Oversight: Manage the end-to-end audit process, from planning and scoping to fieldwork and reporting, ensuring all audits comply with the IIA Global Internal Audit Standards.
• Team Leadership: Supervise, mentor, and evaluate the performance of audit staff, ensuring professional development and adherence to department protocols.
• Reporting & Communication: Prepare clear, concise, and impactful audit reports for the Chief Internal Auditor. Present findings and recommendations to department heads and process owners.
• Risk Assessment: Assist the Chief Internal Auditor in maintaining the Audit Universe and conducting annual risk assessments to prioritize high-impact areas.
• Quality Assurance: Ensure all audit workpapers and processes meet the internal Quality Assurance and Improvement Program (QAIP) standards.
• Special Investigations: Lead ad-hoc investigations or forensic audits into financial misconduct, forged documentation, or internal control failures as required.
• Follow-up: Monitor the implementation of management action plans to ensure that identified risks are mitigated within agreed timelines.

Required Qualifications & Skills

• Education: Bachelor’s degree in accounting, Finance, or a related business field.
• Certification: Certified Internal Auditor (CIA) is a plus. Additional certifications (CISA, CRMA, or CPA) are highly preferred.
• Experience: A minimum of 7 years of progressive experience in internal or external auditing, preferably with a background in 'Big 4' firms or large diversified conglomerates.
• Technical Knowledge: Deep understanding of the 2024 Global Internal Audit Standards and local regulatory requirements (*, SOCPA or specific industry mandates).
• Soft Skills: Strong analytical thinking, advanced negotiation skills, and the ability to maintain objectivity and confidentiality.