Job Description
Job Summary:
To handle a mix of strategic planning and operational responsibilities, including cash management, forecasting, risk management, and supporting various treasury functions and to collaborate with internal teams and external partners to support the company's financial strategy.
Job Duties & Responsibilities:
· Cash Management and Liquidity Planning:
- Monitor and manage daily cash positions, ensuring sufficient liquidity to meet short-term obligations.
- Execute daily cash management activities, including wire transfers, payments, and reconciliations.
- Develop and maintain cash flow forecasts to optimize cash utilization and investment.
· Financial Risk Management:
- Identify and assess financial risks, including interest rate, foreign exchange, and credit risks.
- Implement hedging strategies and instruments to mitigate financial risks.
- Monitor and report on the effectiveness of risk management strategies.
· Banking Relationships
- Manage relationships with banks and financial institutions, negotiating terms and fees.
- Oversee bank account structures and manage bank account administration.
- Ensure compliance with banking covenants and regulatory requirements.
· Debt and Investment Management:
- Assist in managing the company's debt portfolio, including monitoring debt covenants and compliance.
- Support investment decisions by providing analysis and recommendations on short-term and long-term investments.
- Prepare and analyze reports on the performance of investments and debt instruments.
· Treasury Operations and Systems:
- Support the implementation and maintenance of treasury management systems.
- Ensure accuracy and integrity of data in treasury systems and financial reports.
- Develop and maintain treasury policies, procedures, and internal controls.
· Reporting and Analysis:
- Prepare and present treasury reports, including cash flow analyses, risk assessments, and performance metrics.
- Conduct variance analysis on cash flows and provide insights to senior management.
- Support the preparation of financial statements and audits as required.
· Strategic Initiatives:
- Participate in strategic projects, including mergers and acquisitions, capital structure optimization, and treasury transformation initiatives.
Skills:
Multitasking, Problem-solving, Time Management, Negotiation, Reporting, Analytical Thinking, Conflict Resolution, Change Management, People Management, Budgeting, and Organization Skills.
Behavioural Competencies: Business Acumen, Customer Focus, Innovations and Change, Analysis and Decision-Making, Teamwork and Leadership, Drive for Results, Integrity and Commitment, Communicating and Influencing, Equality, diversity, and respect.
Language(s): Arabic and English
Computer: Excellent Command of using MS Office Applications/Tools and ERP System.
Knowledge: Understanding of financial regulations and compliance requirements.
Education
Finance, Accounting, Economics, or a related field.MBA or relevant certification (e.g., CMA, ACCA
You will be redirected to the company website to apply for this position.