Head of Controllership and Treasury

About the Role

Tahreez is seeking a Head of Controllership and Treasury to lead its financial functions in Riyadh. This full-time role involves ensuring the integrity of financial reporting, maintaining robust internal controls, and managing effective cash and liquidity. The position requires adherence to Saudi regulatory and tax requirements, including ZATCA and SOCPA-endorsed IFRS.

Controllership Responsibilities

• Manage the monthly, quarterly, and annual close cycles, ensuring financial statements comply with IFRS as adopted by SOCPA.
• Design, implement, and monitor internal controls, and manage relationships with external auditors and regulators.
• Oversee all end-to-end accounting operations, including accounts payable, accounts receivable, payroll (with GOSI/WPS compliance), general ledger, fixed assets, and revenue recognition.
• Ensure timely and accurate statutory filings, including VAT and Zakat/corporate tax filings with ZATCA.
• Provide advice on accounting treatment for new contracts, products, or business lines.
• Drive the automation of transaction activities.

Treasury Responsibilities

• Manage cash flow forecasting, working capital, and liquidity across all entities and accounts.
• Oversee banking relationships, facilities, and credit lines, and negotiate terms with local and regional banks.
• Manage FX exposure, hedging strategies, and intercompany funding/loans.
• Ensure compliance with SAMA regulations and banking covenants.
• Optimize debt structure and capital allocation in coordination with the CFO.
• Oversee the investment of surplus cash in line with board-approved policies.

Leadership and Reporting

• Partner with FP&A on budgeting, financial planning, and decision support.
• Build and mentor a high-performing accounting and treasury team.
• Drive process automation and ERP/TMS optimization initiatives.
• Report financial performance, cash position, and risk to the CFO and executive leadership, and support board/audit committee reporting as needed.

Qualifications and Experience

• A minimum of 10 years of relevant experience in controllership and treasury functions.
• Demonstrated expertise in financial reporting, internal controls, and cash management.
• Strong understanding of Saudi regulatory and tax requirements (ZATCA, SOCPA-endorsed IFRS, SAMA).

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia. The role involves working within a dynamic financial team and collaborating with various internal and external stakeholders.