
Matar Al Baqmi Holding Company
Senior Treasury Specialist
Dammam, Saudi ArabiaPosted 5 months ago
- Salary
- AED 18k–31k a month· est.
- Job type
- Full time
- Level
- Senior
- Field
- Finance & Accounting
- Work mode
- On site
About the role
Job Role The Senior Treasury Specialist, is responsible for managing the company’s cash flow, ensuring liquidity, optimizing investments, and mitigating financial risks. This role involves daily cash management, forecasting, banking relations, and compliance with financial regulations. Key Accountabilities - Monitor and manage daily cash positions to ensure that sufficient funds are available to meet ongoing operational and capital investment requirements. - Prepare cash rolling forecasts and budgets. Monitor actual financial performance against budgeted cash flows and analyze financial data to inform strategic decisions. - Manage relationships with banks and other financial institutions. - Develop and implement investment strategies to optimize returns on surplus funds while monitoring and managing investment portfolios. - Identify, evaluate, and mitigate financial risks, including currency and interest rate risks. - Manage existing debt and arrange new debt when necessary. Maintain proper tracking tools for loan/interest repayments and ensure timely payment of interest and principal on loans and other borrowings. - Ensure compliance with internal policies and external regulations related to treasury activities. Prepare and present financial reports to senior management and stakeholders. - Calculate and record finance charges, ensuring monthly accrual for unbilled finance charges. - Conduct random validation of finance charges debited by banks to ensure correctness of charges in line with signed agreements. - Implement and maintain treasury management systems. Continuously improve processes and procedures to enhance efficiency and accuracy. - Collaborate with other departments such as accounting, finance, and operations to ensure cohesive financial management, providing support and guidance on treasury-related matters.
Requirements
- - Minimum Qualifications and Knowledge: Bachelor’s degree in Finance, Accounting, or Banking. A master’s degree or professional certification (e.g., ACCA, CFA) is a plus.
- - Minimum Experience: Minimum of 5+ years of experience in treasury, finance, or related fields.
- - Job-specific Skills and Competencies:
- - Strong understanding of financial markets, instruments, and banking.
- - Proficiency in treasury management systems and financial software.
- - Excellent analytical, problem-solving, and decision-making skills.
- - Strong attention to detail and organizational skills.
- - Ability to work independently and as part of a team.
- - Effective communication and interpersonal skills.
Responsibilities
Monitor and manage daily cash positions to ensure sufficient funds for operational and capital investment requirements. Prepare cash rolling forecasts and budgets; monitor actual performance against budgeted cash flows and analyze financial data to inform strategic decisions. Manage relationships with banks and other financial institutions. Develop and implement investment strategies to optimize returns on surplus funds while monitoring investment portfolios. Identify, evaluate, and mitigate financial risks, including currency and interest rate risks. Manage existing debt and arrange new debt when necessary; maintain tools for loan/interest repayments and ensure timely payments. Ensure compliance with internal policies and external regulations related to treasury activities; prepare and present financial reports to senior management and stakeholders. Calculate and record finance charges, ensuring monthly accrual for unbilled charges. Conduct random validation of bank debited charges for correctness. Implement and maintain treasury management systems; continuously improve processes. Collaborate with accounting, finance, and operations to provide treasury-related guidance.
Skills
- Treasury management
- Cash flow forecasting
- Banking relationships
- Investment strategy development
- Debt management
- Financial risk management
- Treasury management systems
- Financial software proficiency
- Financial reporting
- Regulatory compliance
- Cash position monitoring
- Budgeting and variance analysis
- Currency and interest rate risk analysis
- Financial data analysis
- Stakeholder communication
Not sure you fit this role?
Upload your CV and see how you score against Matar Al Baqmi Holding Company and every other live job. It's free.
Get my free matchesAED 18k–31k a month· est.
Similar jobs across the Gulf
Senior Treasury Specialist
Matar Al Baqmi Holding CompanyDammam, Saudi Arabia
AED 20k–34k a month· est.
Senior Officer, Treasury
Olayan Saudi Holding CompanyRiyadh, Saudi Arabia
AED 12k–18k a month· est.
Senior Banking & Treasury Specialist
AlqotrRiyadh, Saudi Arabia
AED 12k–18k a month· est.
Treasury Senior Specialist
ARO DrillingKhobar, Saudi Arabia
AED 25k–39k a month· est.
Treasury Director
SGBManama, Bahrain
AED 12k–18k a month· est.
Senior Treasury Risk Analyst
Power International HoldingDoha, Qatar
AED 8k–14k a month· est.