Job Details
Type: Full Time
Post Date: 30+ days ago
Industry: Business And Finance
Job Description
The Asst. Treasury Manager will work closely with the Treasury Manager in managing the company's financial assets, liquidity, and risk.
They will be responsible for various treasury functions such as cash management, liquidity management, risk management, and financial analysis.
The ideal candidate will have strong analytical skills, attention to detail, and the ability to work in a fast-paced environment.
Responsibilities:
Assist in managing the company's cash flow and liquidity by monitoring daily cash balances, forecasting cash needs, and executing cash management activities.
Manage the company's banking relationships, including opening and closing bank accounts, negotiating fees and services, and resolving any banking issues.
Prepare and analyze financial statements, cash flow projections, and other financial reports to provide insights and recommendations to senior management.
Identify and mitigate financial risks, including interest rate risk, foreign exchange risk, and credit risk.
Develop and implement treasury policies and procedures to ensure compliance with internal controls and regulatory requirements.
Assist in the development and execution of financing strategies, including debt issuance, refinancing, and capital structure optimization.
Support the Treasury Manager in managing relationships with external stakeholders, including banks, rating agencies, and auditors.
Stay up-to-date with market trends, regulatory changes, and best practices in treasury management to provide recommendations for improvement.
Preferred Candidate:
Minimum of 5 years of experience in treasury management or related field.
Bachelor's degree in finance, accounting, or related field. Master's degree or professional certification (e.g., CTP, CFA) is preferred.
Strong knowledge of treasury management principles, financial instruments, and banking operations.
Excellent analytical and problem-solving skills, with the ability to interpret financial data and make informed decisions.
Proficient in using treasury management systems and financial software (e.g., Bloomberg, SAP).
Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and senior management.
Ability to work under pressure and meet tight deadlines.
High level of integrity and ethical conduct.
Skills
Cash flow management
Financial analysis
Treasury policy development
Risk management
Banking relationship management
Job Details
Posted Date: 2024-05-21
Job Location: Saudi Arabia - Riyadh - Al Murabba
Job Role: Finance and Investment
Company Industry: Manufacturing
Our primary vision is to be the customers' choice to supply leading-edge products to satisfy the the customer demand for products. We strive to do this by: Acting with integrity and respect for others, Being safe and environmentally responsible, Committing to achieving success for our customers, Delivering value and profit and Excelling in our operations. In today’s world, managing a business on the fast track involves a complex intermixing of management strategies, sound corporate planning and professional and motivated managers. This is a time of change for Saudi Arabia. Armed with our core competence in marketing, technology, and management of customer relationships, we work towards excellence in every field. Our well-diversified product range is our major strength. Considering the opportunities emerging in the Gulf region in general, and the Kingdom of Saudi Arabia in particular, our future philosophy for fast track growth will depend heavily on joint ventures with partners of high standing and business ethics. We offer world-class products sourced from quality suppliers from all over the world. We have implemented ISO 9000 across our Group. While optimizing financial results for the organization we ensure that the citizens of Saudi Arabia, our valued customers, will get the best value for their money. Every successful business hinges on the human resources of the organization. Unless employees are cut out for their jobs and aptly honed in technical and management skills, the cutting edge will become blunt in no time. The process of inducting locally available skills at various levels is also very much a part of our management philosophy. KFB Holding Group was founded by Mr. Khalid AlBoayz, a first generation entrepreneur, in 1981. He has brought with him a considerable sense of ethics and responsibility to his employees, partners, and customers. Mr. AlBoayz is firmly committed to bringing the latest products and technologies to Saudi Arabia, while ensuring that they are suited and suitably re-engineered for local conditions. As President of KFB Holding Group, Mr. AlBoayz has implemented and upheld the best business practices, making it one of the trusted companies in the GCC region.
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