Treasury Manager

About the Role

Talents Sea is seeking a Treasury Manager to join their team in Riyadh, Saudi Arabia. This full-time position is responsible for overseeing the company's cash flow, liquidity, and banking relationships. The role ensures adequate funds are available for ongoing construction projects and corporate operations, while optimizing cash utilization and managing financial risks.

Key Responsibilities

• Manage daily treasury and cash management operations, including monitoring cash positions, bank balances, inflows, and outflows.
• Prepare daily, weekly, monthly, and long-term cash flow forecasts to ensure adequate liquidity for project and corporate financial obligations.
• Develop and maintain project-wise and company-wide cash flow forecasts, coordinating with Finance, Accounts, Commercial, Procurement, and Project teams.
• Manage relationships with local and international banks, negotiating banking facilities, credit lines, and other financial arrangements.
• Oversee the complete lifecycle of Bank Guarantees (BGs) and Letters of Credit (LCs), including issuance, amendment, and monitoring expiry dates.
• Monitor project-specific cash requirements, funding needs, and analyze cash flow against approved budgets.
• Track customer collections, outstanding receivables, and coordinate with relevant teams to improve collection performance.
• Review and monitor major payments, ensuring compliance with authorization procedures and maintaining appropriate controls.
• Monitor foreign currency exposure and assist in managing foreign exchange and interest-rate risks.
• Assist senior management in arranging project and corporate financing, evaluating requirements, and optimizing working capital structures.
• Prepare treasury reports, cash flow forecasts, and liquidity reports for senior management, ensuring compliance with company policies and Saudi regulations.

Qualifications and Requirements

• 6-10 years of experience in treasury management or a related financial role.
• Demonstrated ability to manage cash flow, liquidity, and banking relationships.
• Experience with bank guarantees, letters of credit, and trade finance instruments.
• Strong analytical skills for financial risk management and forecasting.
• Ability to coordinate effectively with various internal departments and external financial institutions.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia, requiring close collaboration with finance, project, and commercial teams.