Treasury Officer

About UCC Holding and the Role

UCC Holding is seeking a Treasury Officer to join its team in Riyadh, Saudi Arabia. This full-time role is central to managing daily treasury operations, liquidity, banking relationships, cash flow, and trade finance activities. The Treasury Officer will ensure optimal cash availability and maintain strong financial controls across a large-scale contracting business.

Key Responsibilities of the Treasury Officer

• Manage daily cash positioning, liquidity, and cash flow forecasting.
• Monitor project-related cash requirements, collections, commitments, and working capital.
• Administer bank guarantees, performance bonds, advance payment guarantees, Letters of Credit (LCs), and other trade finance instruments.
• Coordinate bank payments, transfers, account management, and bank reconciliations.
• Monitor credit facilities, loans/Murabaha, utilization, maturities, and financing costs.
• Cultivate and maintain strong relationships with local and international banking partners.
• Prepare comprehensive treasury reports covering cash, liquidity, facilities, guarantees, debt, and bank exposure.
• Ensure strict compliance with treasury policies, Delegation of Authority (DOA), internal controls, and audit requirements.
• Support Treasury management in optimizing working capital, banking costs, and funding requirements.
• Coordinate closely with Projects, Commercial, Procurement, Accounts Payable (AP), Accounting, and senior management teams.

Required Qualifications and Experience

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• A minimum of 5 years of treasury experience, with a preference for candidates from leading contractors, EPC firms, infrastructure companies, or project-based organizations.
• Strong hands-on experience in cash flow forecasting, Letters of Guarantee (LGs), Letters of Credit (LCs), banking facilities, payments, and liquidity management.

Essential Skills and Knowledge

• Excellent proficiency in Excel and ERP systems; experience with SAP or Oracle is preferred.
• Strong knowledge of Saudi banking practices and treasury operations.
• Excellent English communication skills are required; Arabic language skills are preferred.
• Demonstrated high level of integrity, analytical ability, attention to detail, and commercial awareness.

Preferred Certifications

Candidates holding professional qualifications such as CTP, ACCA, CFA, SOCPA, or equivalent certifications are highly preferred.

Work Environment and Location

This is a full-time position based in Riyadh, Saudi Arabia. We invite qualified candidates to apply.