Treasury Corporate Specialist

About SPIMACO and the Role

SPIMACO is seeking a Treasury Corporate Specialist to join our team in Riyadh. This full-time role is integral to supporting departmental and organizational objectives within the treasury function. We are committed to fostering an inclusive workplace where diverse perspectives contribute to innovation and growth.

Purpose of the Role

The Treasury Corporate Specialist will utilize specialized skills to bolster departmental and organizational objectives. This role involves engaging in strategic projects, imparting expertise to foster innovation and effectiveness, and contributing to the continuous improvement of treasury operations.

Key Responsibilities

• Analyze corporate cash positions to support liquidity planning and effective fund utilization.
• Execute treasury transactions, ensuring accuracy, authorization, and compliance with approved financial procedures.
• Monitor daily cash flows and bank balances to identify funding requirements and cash surpluses.
• Prepare treasury reports and cash forecasts to support financial planning and management decision-making.
• Maintain banking records and transaction documentation to ensure accurate and complete treasury information.
• Reconcile treasury transactions and bank accounts to identify and promptly resolve financial discrepancies.
• Support banking activities, including payments, transfers, deposits, and corporate account administration.
• Analyze treasury data to support liquidity management, financing activities, and cash optimization initiatives.
• Monitor bank account activities to ensure accurate recording and timely reconciliations.
• Execute treasury transactions in accordance with approved policies and internal controls.
• Maintain banking relationships and coordinate routine communications regarding treasury operations.
• Assess financing requirements and provide supporting analyses for funding activities.
• Document treasury transactions and records to ensure audit readiness and compliance.
• Evaluate foreign exchange exposures and support risk mitigation initiatives when required.
• Comply with treasury policies, regulatory requirements, and corporate governance standards.
• Execute and monitor trade finance instruments, including LCs, guarantees, and SBLCs.
• Research market trends and banking developments to support treasury performance improvements.

Strategic Contributions

• Apply specialized knowledge to support strategic objectives.
• Participate in the development and execution of specialized projects.
• Collaborate with team members and share expertise.
• Contribute to continuous improvement within the specialized area.
• Report on specialized activities and their alignment with strategic goals.

Qualifications and Experience

• A minimum of 5 to 10 years of relevant experience in treasury or a related financial field.
• Demonstrated ability to apply specialized knowledge to support strategic objectives and execute projects.
• Strong analytical skills for cash position analysis, forecasting, and data interpretation.
• Proficiency in treasury transactions, banking activities, and compliance with financial procedures.

Work Environment

This is a full-time position based in Riyadh. SPIMACO is dedicated to empowering every individual to reach their full potential and contribute to our mission of improving lives through innovation and excellence in the pharmaceutical industry.