Cash & Liquidity Management:
o Monitor daily cash flows and ensure adequate funds are available for project and operational needs.
o Prepare periodic cash flow forecasts based on project schedules and contractual obligations.
• Banking Relations & Documentation:
o Serve as the primary liaison with local and international banks for all treasury-related matters.
o Negotiate banking terms, maintain facility agreements, and manage documentation for all financial instruments.
• Trade Finance & Guarantees:
o Handle issuance and renewal of Letters of Credit (LCs), Letters of Guarantee (LGs), including Bid Bonds, Performance
Bonds, and Advance Payment Guarantees.
o Ensure timely coordination of roll-forward and project-related banking documents.
• Loan & Facility Management:
o Administer all types of loans including Medium-Term Loans (MTLs), working capital facilities, and project-specific
financing.
o Track repayments, interest, and compliance with covenants.
• ERP & Excel Usage:
o Operate within the company’s ERP system for treasury functions, payments, and reporting (e.g., e-promis).
o Prepare advanced Excel reports for cash flow analysis, financial modeling, and reconciliations.
• Compliance & Internal Controls:
o Ensure compliance with Saudi banking regulations and internal financial policies.
o Maintain accurate records and documentation for internal and external audits.
Skills
Job Title: Treasurer
Location: Jeddah, Kingdom of Saudi Arabia
Department: Finance
JOB PURPOSE:
The Treasurer will oversee and manage the company’s treasury operations, including cash management, banking
relationships, trade finance instruments, and loan arrangements. The role plays a key part in supporting project
execution through efficient funding and financial risk control, aligned with the company's objectives in the construction
sector.
KEY RESPONSIBILITIES:
• Cash & Liquidity Management:
o Monitor daily cash flows and ensure adequate funds are available for project and operational needs.
o Prepare periodic cash flow forecasts based on project schedules and contractual obligations.
• Banking Relations & Documentation:
o Serve as the primary liaison with local and international banks for all treasury-related matters.
o Negotiate banking terms, maintain facility agreements, and manage documentation for all financial instruments.
• Trade Finance & Guarantees:
o Handle issuance and renewal of Letters of Credit (LCs), Letters of Guarantee (LGs), including Bid Bonds, Performance
Bonds, and Advance Payment Guarantees.
o Ensure timely coordination of roll-forward and project-related banking documents.
• Loan & Facility Management:
o Administer all types of loans including Medium-Term Loans (MTLs), working capital facilities, and project-specific
financing.
o Track repayments, interest, and compliance with covenants.
• ERP & Excel Usage:
o Operate within the company’s ERP system for treasury functions, payments, and reporting (e.g., e-promis).
o Prepare advanced Excel reports for cash flow analysis, financial modeling, and reconciliations.
• Compliance & Internal Controls:
o Ensure compliance with Saudi banking regulations and internal financial policies.
o Maintain accurate records and documentation for internal and external audits.
QUALIFICATIONS:
o Bachelor’s degree in Finance, Accounting, or a related discipline (Master’s or professional certifications like CMA,
CPA, or ACCA preferred).
o Minimum of 5 years of treasury experience, preferably in the construction or contracting sector in Saudi Arabia.
o Strong knowledge of banking operations, trade finance, and credit facilities in the KSA market.
o Familiarity with local regulatory requirements, especially SAMA and VAT-related compliance.
