Treasury Operations Specialist📣 Job Ad

About Sabil and the Opportunity

Sabil is seeking a Treasury Operations Specialist to join its team in Riyadh, Saudi Arabia. This is a full-time position focused on supporting and executing critical treasury activities. The role is integral to maintaining efficient cash management and ensuring compliance within the organization's financial framework.

Role Summary

The Treasury Operations Specialist monitors daily cash positions, manages payment processing workflows, and performs timely bank reconciliations. This role is responsible for maintaining accurate treasury records and supporting cash flow forecasting and liquidity management. The specialist ensures adherence to treasury policies, procedures, banking requirements, and internal control frameworks, contributing to effective cash management, accurate reporting, and operational efficiency through coordination with the Treasury Operations Manager, internal stakeholders, and banking partners.

Key Responsibilities in Treasury Operations

• Monitor and optimize daily cash positions and liquidity requirements to support working capital management and ensure fund availability.
• Execute and oversee cash disbursement activities and cash concentration processes, ensuring accurate fund utilization and compliance with approved payment protocols and treasury controls.
• Perform bank account reconciliations, investigate discrepancies, and resolve outstanding items to maintain the accuracy and integrity of treasury records.
• Maintain and enhance cash flow forecasting models by analyzing cash inflows and outflows, supporting liquidity planning and informed treasury decision-making.
• Manage payment workflow processes and lead continuous improvement initiatives to enhance operational efficiency, strengthen internal controls, and streamline treasury functions.
• Coordinate with banking partners and financial institutions to support daily treasury activities, resolve operational matters, and sustain effective banking relationships.
• Support the development, implementation, and ongoing improvement of treasury policies, procedures, and internal controls, ensuring compliance with regulatory requirements and organizational objectives.
• Evaluate and support the implementation of treasury technology solutions and process automation initiatives to improve operational efficiency and reporting accuracy.

Treasury Risk Management and Regulatory Compliance

• Monitor and analyze key treasury-related financial risks, including interest rate, foreign currency, and liquidity risks, providing analysis to support risk identification and mitigation.
• Support the development and implementation of treasury risk mitigation strategies and financial instruments, including hedging and liquidity management approaches.
• Maintain visibility over treasury risk exposures and related controls, supporting accurate reporting and timely escalation of potential risks.
• Ensure adherence to applicable financial regulations, banking requirements, industry standards, and internal treasury policies, assessing the impact of regulatory changes.
• Execute and monitor end-to-end payment processes for suppliers, employees, and other stakeholders, ensuring accuracy, timely settlement, proper authorization, and compliance.
• Maintain appropriate documentation, audit trails, and supporting records for treasury transactions, supporting internal reviews, audits, and compliance assessments.

Required Qualifications

• A minimum of 5-10 years of experience in treasury operations or a related financial role.
• Certifications such as CTP (Certified Treasury Professional) or similar are considered advantageous.

Application Information

Candidates who meet the above qualifications and are interested in this full-time Treasury Operations Specialist position at Sabil in Riyadh are encouraged to apply.