Treasury Section Head
About us With our roots going back over (50) years, we are one of the oldest and fastest growing Saudi-based conglomerates that offers a diversified portfolio of products and services including infrastructure solutions on D&B and EPC basis, development and co-investment in real estate and renewable s, and manufacturing of renewable technologies. Recently we are experiencing a rapid growth and expansion locally and regionally; accordingly, we are looking for leaders who have big ideas that can embrace our vision to meet a variety of infrastructure needs all over the MENA region with three main business segment- infrastructure solutions, development and co-investment in real estate and renewable s, and manufacturing of renewable technologies.
Job Summary We are looking for a detail-oriented and experienced Treasury Section Head to join our team and play a critical role for overseeing and managing the organization’s day-to-day treasury operations, including cash flow management, bank relationship maintenance, and the execution of treasury strategies to support financial objectives. This role ensures accurate cash forecasting, liquidity planning, and compliance with internal controls and regulatory requirements.
Job Relations Internal - All departments. External – Banks, Financial Agencies, Subcontractors, Vendors and Other.
Reporting to Treasury Manager (TM)
Gender Male/Female
Level Mid-Level
Industry EPC / Construction / Infrastructure / Real estate / Manufacturing
Employment Type Full-time
Job Functions Treasury Management
Main Duties & Responsibilities: Cash Management & Forecasting Monitor daily cash positions and ensure optimal liquidity across accounts. Prepare and maintain short- and long-term cash flow forecasts. Manage intercompany and external cash movements to ensure funding needs are met. Banking & Financial Institution Relationships Maintain relationships with banks and financial institutions to support operational needs. Assist in negotiating banking terms, fees, and services. Manage bank account administration, including openings, closures, and signatory updates. Treasury Operations Supervise daily treasury activities, including cash disbursements, wire transfers, and reconciliations. Oversee the management of treasury systems and bank portals. Ensure accuracy and timeliness of all treasury transactions. Internal Controls & Compliance Ensure compliance with internal policies, controls, and regulatory requirements related to treasury operations. Support internal and external audits by providing required documentation and explanations. Team Leadership & Development Lead, mentor, and develop a team of treasury analysts or coordinators. Assign and review work to ensure accuracy, efficiency, and alignment with company goals. Conduct performance reviews and support professional development. Reporting & Analysis Prepare treasury reports and KPIs for senior management. Analyze cash flow variances and recommend improvements or corrective actions. Support financial planning and analysis with relevant treasury data. Risk Management Assist in managing foreign exchange exposure, interest rate risks, and hedging strategies. Implement strategies to minimize financial risk and improve capital efficiency. Process Improvement Identify opportunities to automate and streamline treasury processes. Lead or participate in treasury system upgrades or implementations. Minimum Requirements Essential:Education: Bachelor degree in Commerce, or equivalent.8+ years of experience in a Treasury management with a proven track record experience in a similar role ideally within one of the leading Infrastructure Companies. Strong background in construction and commercial matters. Excellent negotiation, problem solving, analytical and business intelligence skills. Excellent written and verbal communication skills in the English language. Ability to work both independently and as part of a team. Ability to manage multiple projects adhering to logistics, timescales and deadlines IT literate – MS Office (including Word, Excel and Outlook) Ability to work both independently and as part of a team, in a multi-cultural environment Proficiency in English language. Desirable:Experience of using ERP D 365 to fetch business information is an asset. Proficiency in Arabic language. Application Requirements:Cover letter must be attached to your resume (Cover letter + Resume in one PDF file). Cover letter must include your Personal details, Academic background, Professional certification, Your Core Competencies and Work experience details (as stated in the below format). Upload your resume after enclosing cover letter.