Corporate Finance Director

Description Tuwaiq Casting & Forging is seeking an experienced and strategically minded Corporate Finance Director to join the Corporate Finance Department. Reporting to the Chief Financial Officer, this role leads the company's corporate financing function, overseeing treasury operations, liquidity management, funding arrangements, banking relationships, insurance, and financial risks. The Director ensures adequate financing to support operational and strategic requirements while optimising funding costs, maintaining financial controls, and safeguarding the company's financial position. Key Responsibilities Treasury & Cash Management • Oversee treasury operations, cash management, payments, and banking transactions, including payroll and vendor disbursements • Lead cash flow forecasting and liquidity planning to meet operational, capital expenditure, and debt obligations • Optimise cash utilisation, working capital efficiency, and returns on surplus cash investments • Ensure effective payment controls, segregation of duties, approval compliance, and reconciliations across ERP and banking systems • Establish and maintain treasury policies, controls, and reporting mechanisms. Funding & Banking Relations • Develop and execute financing strategies, including shareholder funding, project financing, and working capital facilities • Lead financing negotiations with banks, lenders, shareholders, and financial institutions to optimise financing terms and costs • Manage banking relationships, financing agreements, debt schedules, facility utilisation, and related reporting • Monitor financing covenants, lender requirements, and contractual obligations to ensure compliance • Lead refinancing, debt restructuring, and covenant waiver negotiations when required • Coordinate funding requirements, financial assessments, and financing proposals with senior management and shareholders • Prepare liquidity, financing, and debt reports for the CFO, senior management, Board, and shareholders. Insurance & Risk • Oversee the company's corporate insurance portfolio, ensuring adequate coverage of operational, property, equipment, and contractual risks • Manage insurance brokers, insurers, policy renewals, negotiations, and claims • Identify, assess, and manage financial risks, including liquidity, interest rate, foreign exchange, and counterparty exposures • Ensure insurance coverage and financial risk management practices comply with financing obligations and company policies • Provide financial risk assessments and recommendations to support strategic decisions. Requirements Education • Bachelor's degree in Finance, Accounting, Economics, or a related field • MBA or relevant professional certification is preferred. Experience • 12–15 years of relevant experience in corporate financing, treasury, or banking, including at least 5 years in a leadership role • Strong experience in debt financing, banking negotiations, liquidity management, and financial restructuring, preferably within manufacturing or capital-intensive industries. Technical Competencies • Solid knowledge of financing agreements, debt covenants, treasury controls, financial risk management, and corporate insurance • Advanced financial analysis, cash flow forecasting, Excel, and presentation skills • Microsoft Dynamics 365 Finance & Operations experience is preferred. Behavioral Competencies • Excellent leadership, stakeholder management, communication, and negotiation skills • Experience engaging senior management, shareholders, and financial institutions.

Education: Bachelor's degree in Finance, Accounting, Economics, or a related field. MBA or relevant professional certification is preferred. Experience: 12–15 years of relevant experience in corporate financing, treasury, or banking, including at least 5 years in a leadership role. Strong experience in debt financing, banking negotiations, liquidity management, and financial restructuring, preferably within manufacturing or capital-intensive industries. Technical Competencies: Solid knowledge of financing agreements, debt covenants, treasury controls, financial risk management, and corporate insurance. Advanced financial analysis, cash flow forecasting, Excel, and presentation skills. Microsoft Dynamics 365 Finance & Operations experience is preferred.

Treasury & Cash Management: Oversee treasury operations, cash management, payments, and banking transactions, including payroll and vendor disbursements; Lead cash flow forecasting and liquidity planning to meet operational, capital expenditure, and debt obligations; Optimise cash utilisation, working capital efficiency, and returns on surplus cash investments; Ensure effective payment controls, segregation of duties, approval compliance, and reconciliations across ERP and banking systems; Establish and maintain treasury policies, controls, and reporting mechanisms. Funding & Banking Relations: Develop and execute financing strategies, including shareholder funding, project financing, and working capital facilities; Lead financing negotiations with banks, lenders, shareholders, and financial institutions to optimise financing terms and costs; Manage banking relationships, financing agreements, debt schedules, facility utilisation, and related reporting; Monitor financing covenants, lender requirements, and contractual obligations to ensure compliance; Lead refinancing, debt restructuring, and covenant waiver negotiations when required; Coordinate funding requirements, financial assessments, and financing proposals with senior management and shareholders; Prepare liquidity, financing, and debt reports for the CFO, senior management, Board, and shareholders. Insurance & Risk: Oversee the company's corporate insurance portfolio, ensuring adequate coverage of operational, property, equipment, and contractual risks; Manage insurance brokers, insurers, policy renewals, negotiations, and claims; Identify, assess, and manage financial risks, including liquidity, interest rate, foreign exchange, and counterparty exposures; Ensure insurance coverage and financial risk management practices comply with financing obligations and company policies; Provide financial risk assessments and recommendations to support strategic decisions.