Senior Specialist Treasury
Nana Direct, Saudi Arabia
Job Description
Cash Flow Management:
Develop and implement cash flow forecasting models, analyzing inflows and outflows to ensure efficient liquidity management.
Monitor and analyze cash positions, making recommendations for optimizing cash flow and managing working capital effectively.
Coordinate with various internal stakeholders to gather accurate cash flow projections and update forecasts accordingly.
Collaborate with finance and accounting teams to prepare accurate financial projections and support capital budgeting decisions.
Banking and Financial Relationships:
Manage relationships with banking partners, negotiating terms and conditions, and ensuring favorable banking services and fees.
Oversee bank account administration, including opening and closing accounts, updating signatories, and managing bank mandates.
Monitor banking activities, including deposits, withdrawals, and reconciliations, ensuring accuracy and adherence to internal controls.
Risk Management:
- Identify and assess financial risks, such as foreign exchange exposure, interest rate risks, and credit risks.
- Develop and implement risk mitigation strategies, including insurance policies.
- Stay updated on market trends, regulatory changes, and industry best practices related to treasury management, and proactively adjust strategies as necessary.
Compliance and Reporting:
- Ensure compliance with financial regulations, treasury policies, and internal controls, including adherence to anti-money laundering and KYC requirements.
- Prepare and present timely and accurate treasury reports, including cash flow forecasts, liquidity reports, and risk assessments.
- Collaborate with internal and external auditors to provide necessary documentation and support during audits.
Requirements
- BSc degree in Accounting, Finance or relevant subject; industry certification ( ACCA, CMA or CPA) is a bonus.
- 4-5 years experience as a treasury analyst.
- Experience in participating in teams successfully and providing on-time deliverables.
- Strong knowledge of financial control systems methodologies (budgeting, segregation of duties, and audit requirements).
- Experience with treasury accounting preferred.
- Strong oral and written communication skills and proven presentation skills.
- Previous experience in debt collection will be advantageous.
- Proficiency in debt collection software.
- Outstanding analytical and problem-solving abilities.
- Strong aptitude in math and finance.
- Communication English skills both in writing and speaking.
- Strong organizational and time management skills.
- Negotiating skills.