Senior Manager -Treasury Almosafer

Responsibilities:

• Develop and execute the group treasury strategy including liquidity planning, capital structure optimization, short-term investments, and financial risk management across all entities and regions.
• Build and maintain strong, strategic relationships with local and international banks to enhance credit capacity, optimize borrowing costs, and ensure access to financial services that support business operations and growth plans.
• Oversee day-to-day treasury operations, including cash positioning, bank reconciliations, payment execution, intercompany settlements, and ensuring adequate liquidity for business continuity.
• Negotiate credit facilities, overdrafts, Letters of Credit (LCs), Letters of Guarantee (LGs), and ensure competitive terms to support business needs.
• Lead group cash flow forecasting, covering short, medium, and long-term horizons, integrating inputs from finance, operations, and business teams.
• Design and implement a robust cash management operating model, including treasury processes, documentation standards, control checkpoints, approval workflows, and escalation procedures.
• Establish and enforce treasury policies, procedures, and internal controls, ensuring compliance with internal audit standards, SAMA/CMA/ZATCA regulations, and IFRS-related treasury implications.
• Evaluate new banking products, digital cash tools, and treasury management technologies to improve visibility, control, reduce operational costs, and enhance efficiency (e.g., virtual accounts, API integration).
• Ensure efficient debt structuring, optimize use of available funding sources, and maintain healthy leverage ratios aligned with the group s capital allocation and risk appetite.
• Oversee treasury system integration and automation, including ERP-bank connectivity, automated payment platforms, digital approval cycles, and real-time dashboards for liquidity and FX exposure.
• Provide strategic insights and reporting to the management, including scenario modeling, working capital KPIs, FX impact analysis, and cost of capital updates.
• Support investor relations and rating agencies in preparing treasury-related disclosures and compliance certificates (e.g., debt servicing, liquidity ratios, capital adequacy).
• Build, lead, and mentor a high-performing treasury team, driving collaboration, continuous improvement.