Job Summary
The incumbent's goal is to lead and manage Mowasalat's Treasury function, overseeing cash management, liquidity, corporate finance, and financial risk activities while ensuring robust financial governance and regulatory compliance. The role supports Mowasalat's strategic objectives by ensuring effective funding, optimized cash flow, prudent risk management, and strong financial controls, contributing to the organization's long‑term financial stability and sustainable business growth through sound treasury practices and strategic leadership.
Key Responsibilities
Treasury Strategy & Leadership
- Develop and implement comprehensive treasury strategies aligned with organizational financial goals and risk appetite.
- Provide financial analysis and strategic recommendations to support business growth and decision‑making.
- Evaluate capital expenditure, funding strategies, and portfolio management to optimize returns and minimize risk.
Cash & Liquidity Management
- Manage cash flow and liquidity positions to ensure sufficient funding for operations and investments.
- Prepare and maintain accurate cash flow forecasts to identify funding needs and liquidity gaps.
- Oversee bank account structures, cash controls, and cash flow monitoring.
Financial Reporting & Planning
- Ensure timely and accurate treasury reporting to enhance financial transparency and business performance.
- Prepare treasury reports for senior management and relevant committees, supporting informed decision‑making.
Risk Management & Compliance
- Identify, assess, and mitigate treasury‑related risks, including market, credit, liquidity, and operational risks.
- Manage foreign currency exposure and develop FX risk mitigation strategies.
- Ensure compliance with banking regulations, accounting standards (IFRS/GAAP), and internal treasury policies.
- Coordinate with internal and external auditors, providing required documentation.
Banking & Financial Operations
- Manage banking relationships, contracts, and services to ensure efficient and cost‑effective solutions.
- Oversee wire transfers, petty cash, and corporate credit card management.
- Review and enhance banking services to support operational needs.
Governance & Continuous Improvement
- Establish and maintain treasury governance practices in line with the Treasury Governance Framework.
- Safeguard sensitive and confidential financial information at all times.
- Perform additional related duties as assigned to meet operational and business requirements.
Qualifications
Education
- Bachelor's degree in Finance, Accounting, Financial Management, Business Administration, or a related field.
- Master's degree in Finance, Economics, or a related discipline is preferred.
Experience
- Minimum 12 years of treasury, investment, or related experience, preferably within the transportation sector.
- At least 2–3 years in a senior leadership or managerial role.
- Proven track record in treasury risk management, regulatory compliance, and strategic financial decision‑making.
- Demonstrated experience in leading, mentoring, and developing treasury teams.
Certifications & Training
- Professional certifications such as:
- Chartered Financial Analyst (CFA)
- Certified Treasury Professional (CTP)
- Certified Investment Manager (CIM)
Skills & Competencies
- Treasury & Cash Flow Management
- FX, Liquidity & Financial Instruments
- Financial Analysis & Reporting
- Risk Management & Compliance
- Strong Leadership & Stakeholder Management
- Strategic & Analytical Thinking
- Excellent Communication & Presentation Skills
- Advanced Excel & Financial Analysis Tools
- English proficiency required; Arabic is an advantage
