• Manage the adoption and utilization of systems and ERP in the treasury function.

• Monitor daily cash balances and forecasts to ensure liquidity.

• Optimize cash flow through effective cash management strategies.

• Prepare weekly and monthly cash flow reports.

• Manage the day-to-day responsibilities of the team in accordance with the company’s policies and procedures and meeting the approved budget.

• Manage timely execution of authorized payments for corporate functions and projects.

• Manage and control all treasury operational aspects to ensure efficiency and speed of execution and monitor collections with continuous follow up and updated related reports.

• Ensure that all transaction processing is in compliance with regulatory and bank policies and requirements, and intervenes promptly to resolve problems and concern areas and implement control measures.

• Manage relationships with banks and financial institutions.

• Negotiate terms for banking services and financing arrangements.

• Monitors the use of credit facilities granted to SISCO in order to minimize costs.

• Reviews reports on the credit facilities, and highlight the needed actions.

• Propose to the CFO any necessary amendment (such as increase / decrease in credit limits) upon renewal of banking facilities.

• Monitor settlements of LCs maturities and review LC and LG applications.

• Prepare and present regular (weekly/monthly) reports on cash management, cash flow forecasting, investments, and risk exposure to the CFO and senior management.

• Ensure compliance with financial regulations and internal controls.

• Maintain accurate records of all treasury activities.

• Manages opening and closing of accounts.

• Reviews and issues reports on the insurance policies and highlights the needed actions.

• Oversee short-term and long-term investment portfolios.

• Analyze investment performance and recommend adjustments as necessary.

• Collaborate with external advisors on investment strategies.

• Proposes to CFO any necessary amendment to existing insurance policies.

• Identify and analyze financial risks related to currency, interest rates, and investments.

• Develop and implement strategies to mitigate financial risks.

• Ensure compliance with relevant regulations and internal policies.

• Supervise and mentor treasury staff.

• Foster a collaborative team environment to achieve departmental goals.

• Provide training on treasury operations and best practices.

Skills

• 10+ years of treasury management experience. Experience in Engineering and Contracting business is preferred. Middle East finance experience is also preferred. 

• Strong understanding of cash management, financial instruments, and risk management.

• Proficiency in treasury management systems and financial modeling.

• Strategic thinking and problem-solving abilities.

• Strong attention to detail and accuracy.

• Ability to work under pressure and meet tight deadlines.

• Critical thinker with the ability to develop actionable plans. 

• Strong financial acumen and business savvy. 

• Team player and individually motivated. 

• Superior communication and presentation skills with an ability to set the highest standards for honesty, integrity, and work ethic both for themselves and for those around them.

• Proven ability to develop effective relationships with colleagues and team members by gaining respect and trust.

• Strong quantitative, analytical skills with attention to detail and accuracy.

• In-depth experience with large-scale ERP systems.

• An exceptional leader and team builder. A track record of influencing and developing a high-performing team of professionals.