Group Treasury Manager
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
Role Overview
The Treasury Manager reports to the Group Chief Financial Officer.
The role manages Group treasury operations across cash flow, liquidity, banking facilities, financing, working capital, FX and interest-rate risk, payments, and reporting.
The position supports a diversified group operating in real estate, retail, and manufacturing.
The role aims to optimize financial resources, reduce financing costs, maintain liquidity, and strengthen financial institution relationships.
Key Skills for This Role
Full Job Posting
Role Overview
The Treasury Manager reports to the Group Chief Financial Officer.
The role manages Group treasury operations across cash flow, liquidity, banking facilities, financing, working capital, FX and interest-rate risk, payments, and reporting.
The position supports a diversified group operating in real estate, retail, and manufacturing.
The role aims to optimize financial resources, reduce financing costs, maintain liquidity, and strengthen financial institution relationships.
Cash Flow and Liquidity
- Manage and monitor daily, weekly, monthly, and annual cash flows.
- Prepare cash flow forecasts and assess funding requirements.
- Ensure liquidity for operational, project, vendor, employee, and financing obligations.
- Optimize working capital and cash utilization and recommend transfers across Group companies.
Banking and Financing
- Negotiate, arrange, renew, and restructure banking facilities with national and international banks.
- Arrange Murabaha, Tawarruq, and other Shariah-compliant short-term financing.
- Arrange medium- and long-term financing for projects and capital expenditure.
- Negotiate financing rates, fees, and commercial terms and identify cost-reduction opportunities.
Risk and Banking Relationships
- Monitor interest-rate movements and manage Interest Rate Swaps and related settlements.
- Monitor foreign currency exposures and implement appropriate FX and interest-rate hedging strategies.
- Maintain relationships with local and international banks and review existing facilities annually.
- Manage bank accounts, authorized signatories, banking agreements, and facility documentation.
Banking Instruments and Payments
- Manage letters of credit, bank guarantees, performance bonds, and other banking instruments.
- Supervise bank reconciliations and ensure differences are investigated and resolved.
- Monitor banking transactions and charges and ensure timely payments to vendors, employees, and other stakeholders.
- Monitor payroll processing and Saudi Wage Protection System compliance.
Reporting and Systems
- Prepare treasury reports for the GCFO and senior management.
- Monitor financial ratios, bank covenant compliance, accrued interest, financing charges, and treasury provisions.
- Provide treasury information for budgeting, forecasting, financial planning, and audits.
- Ensure accurate treasury transaction recording in the ERP and support online banking and centralized treasury solutions.
- Experience with Oracle ERP and treasury management systems is preferred.
Team and Business Support
- Supervise and develop the Treasury team, establish KPIs, monitor performance, provide coaching, and address employee-related issues.
- Work with Finance, Accounting, Projects, Procurement, HR, and other departments.
- Provide treasury insights for business and investment decisions and advise management on liquidity, financing, banking, and financial risks.
- Perform additional duties directed by the GCFO and senior management.
Key Requirements
- Experience across cash flow, liquidity, financing, banking facilities, working capital, FX and interest-rate risk, bank relationships, guarantees, letters of credit, payments, and treasury reporting.
- Experience with Murabaha, Tawarruq, Interest Rate Swaps, FX exposure management, and hedging arrangements.
- Experience with bank reconciliations, payroll payments, Saudi Wage Protection System compliance, treasury reporting, financial ratios, and bank covenants.
- Experience with ERP-based treasury transactions and treasury process improvement.
- Oracle ERP and treasury management system experience is preferred.
- Experience supervising, coaching, developing, and evaluating Treasury staff.
Key Performance Indicators
Cash flow forecast accuracy and Group liquidity position.
Financing cost reduction, working capital utilization, and banking facility utilization.
Interest-rate and FX risk management and bank covenant compliance.
Timely vendor and employee payments and bank reconciliation turnaround.
LC and BG processing efficiency and optimization of banking fees and charges.
Treasury reporting accuracy, timeliness, and bank relationship effectiveness.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Nadir Ali Shah HR Consultants
Director of Sales Marketing
Jeddah, KSA
The employer is seeking a Director of Sales & Marketing to lead revenue growth, property sales, market expansion, marketing strategy, and commercial performance for a real estate portfolio. The role requires senior sales
Head of Marketing - Ecommerce Company
Jeddah, KSA
MySouq is seeking a senior, commercially driven marketing leader to build its marketing function and scale the brand, customer base, marketplace, and revenue. The role covers strategy, customer acquisition, performance m
MIS & Reporting Manager- Jeddah
Jeddah, KSA
A diversified group is seeking an MIS & Reporting Manager to lead management information, financial and operational reporting, KPI dashboards, data consolidation, and reporting automation. The role requires advanced Powe
Group Financial Controller
Jeddah, KSA
The employer is seeking a Group Financial Controller to oversee accounting, consolidation, reporting, treasury, taxation, budgeting, controls, and financial risk across multiple entities. The role leads finance personnel
Seller Manager
Jeddah, KSA
MySouq seeks a Seller Manager to build and grow its seller base ahead of the marketplace launch. The role involves identifying, approaching, pitching, negotiating with, onboarding, and activating quality merchants. The i
Facilities Operations & Sales Manager
Jeddah, KSA
The employer is seeking an FM Operations and Sales Manager to oversee hard and soft facilities management services while supporting business growth. The role manages teams, contractors, clients, maintenance delivery, ten
Director of Sales Marketing
Jeddah, KSA
Head of Marketing - Ecommerce Company
Jeddah, KSA
MIS & Reporting Manager- Jeddah
Jeddah, KSA
Group Financial Controller
Jeddah, KSA
Seller Manager
Jeddah, KSA
Facilities Operations & Sales Manager
Jeddah, KSA