A leading manufacturing company in Jeddah, Saudi Arabia, is seeking an accomplished Treasury Manager to lead and optimize its treasury operations. This is a senior, strategic role for a finance professional who thrives in a fast-paced industrial environment and brings deep expertise in cash management, funding, and financial risk.
Key responsibilities:
- Oversee daily cash management, liquidity planning, and short-term investment strategies
- Manage relationships with banks and financial institutions, negotiating credit facilities and banking services
- Manage Letters of Credit (LC) and Letters of Guarantee (LG) across import, export, and project-related transactions
- Develop and implement foreign exchange risk management policies and hedging strategies
- Lead the preparation of cash flow forecasts and treasury reporting for senior management
- Ensure compliance with Saudi Arabian Monetary Authority (SAMA) regulations and internal financial policies
- Drive continuous improvement in treasury systems, processes, and controls
- Collaborate with procurement, operations, and finance teams on working capital optimization
Requirements:
- 15+ years of progressive treasury, banking, or corporate finance experience
- Background in manufacturing or industrial sectors is strongly preferred
- Hands-on experience managing Letters of Credit (LC) and Letters of Guarantee (LG), including issuance, amendment, and settlement
- Certified Treasury Professional (CTP) is a significant advantage
- Proven expertise in cash management, FX hedging, and debt management
- Excellent communication skills in English and Arabic
