Treasury Manager

Who We Are

ALEC Engineering and Contracting L.L.C. (ALEC), part of ICD, is a leading GCC construction company known for delivering complex, high-profile projects. With 20+ years of experience, ALEC builds across sectors including airports, hospitality, retail, and high-rises.

In the KSA, ALEC has delivered many of the nation's most iconic developments, operating as a fully integrated contractor through specialist business units that provide end-to-end construction solutions.

ALEC provides strategic leadership, operational oversight, and shared services that support the performance and growth of all businesses within the Group. From governance, finance, and talent to innovation, digital systems, and sustainability, the Head Office acts as the central hub that enables each business unit to deliver with confidence, consistency, and excellence across the construction and engineering value chain.

Position Overview:

Lead Group and business unit treasury operations in KSA by managing cash flow, reporting, and financial risk management activities. Provide analytical and operational leadership to optimise liquidity, minimize risk, and enhance treasury performance. Participate in the delivery of transformational change projects.

Duties & Responsibilities:

1. Oversee bank relationships in KSA including account management, reconciliations, and pricing negotiations.
2. Prepare consolidated cash positions and forecasts, analyzing trends and identifying variances against budget.
3. Lead KSA treasury reporting, ensuring completeness, accuracy, and compliance with Group policies.
4. Prepare and process trade finance operations in accordance with ALEC's Delegation of Authority.

1. Implement and monitor treasury controls to mitigate operational and financial risks.
2. Provide analytical support for hedging, funding, and investment decisions.
3. Implement and manage continuous improvement and innovation projects within teams and functions, streamlining workflows, optimizing resources, and delivering measurable efficiency gains.
4. Apply technical expertise and discipline-specific knowledge to deliver high-quality outcomes within your area of specialization.
5. Undertake any other reasonable duties and/or responsibilities as required by management, to meet the needs of the business.

What we are looking For:

1. 5+ years experience in Treasury.
2. Experience in Construction, Engineering, or Project-Based Financial Environments.
3. Arabic Speaking, Reading and Writing
4. Strong Treasury Analysis & Reporting Skills
5. History of leading banking relationships
6. Exposure to trade finance activities including bonding and letters of credit
7. Excellent Understanding of Cash Flow & Working Capital Management
8. Effective Cross-Functional Coordination Skills
9. Sound Knowledge of Financial Controls & Treasury Regulations
10. Professional Qualification such as Association of Corporate Treasurers (ACT), Chartered Financial Analyst (CFA), or Association of Chartered Certified Accountants (ACCA)
11. Proficiency in MS Office Suite (Word, Excel, PowerPoint).

Apply today and be part of something excellent!