JOB PURPOSE

• Management of bank facilities, cash flows, bank loans, liquidity, funding sources and financial risks.

MAJOR RESPONSIBILITIES

1. Develop and implement treasury policies, procedures, and controls to ensure effective treasury operations.
2. Manage the company's cash flow by forecasting cash requirements, monitoring cash balances, and implementing cash management strategies.
3. Monitor and analyze financial market conditions and assess their impact on the organization's financial position.
4. Develop and maintain relationships with banks, financial institutions, and other external partners to optimize banking services, negotiate terms, and manage banking fees.
5. Evaluate and manage the organization's risk exposure, including interest rate risk, foreign exchange risk, credit risk, and liquidity risk.
6. Prepare and present treasury reports to senior management, highlighting key financial metrics, risks, and opportunities.
7. Oversee the execution of financial transactions, including debt financing, capital raising, and foreign exchange transactions.
8. Stay updated with industry trends, regulatory changes, and best practices in treasury management, and make recommendations for process improvements and efficiency gains.

EDUCATION/EXPERIENCE

• BSC OF Commerce –Accounting Section
• 12-15 years’ Experience in the treasury function, out of which 3-4 years as a manager of heading the section
• Fluent English & Arabic reading and writing
• Microsoft office & internet browsing and searching
• Strong communication, negotiation, organizing, and high planning