Officer, Treasury

Date:  30 Sep 2024
Location: 

Riyadh, SA

Company:  Olayan Saudi Holding Co
Department:  Financial Management
Sub Department:  Finance and Accounting - Treasury
Number of Openings:  1

Role Purpose

The candidate will be responsible for the treasury functions of the group fully consolidated operating entities, covering reporting, liquidity management, working capital management and cashflow forecasting.

Job Accountabilities & Activities

- Manage working capital, including receivables (incl credit management), and payable management.

- Treasury operations.

- Cash Management of the entities, including managing cash levels/ deposits and currency exposure to be incompliance with pre-set policies and maximize income.

- Liquidity management in collaboration with the hold Co.

- Prepare cashflow forecasts.

- Monitor forex exposure of the entities and propose solutions.

- Study the financing needs and the balance sheet structure of the entities,

- Service loan and periodically monitoring of covenants and other requirements.

- Prepare expected net financing income/ expense.

- Prepare a weekly cash report for the entities

- Prepare monthly treasury highlights (showcasing working capital exposure, and liquidity).

- Confirm that the group (OSHCO) treasury policies and procedures are met.

Education & Certifications

University graduate in Finance/Accounting business administration, or suitable relevant. 

Required Years of Experience

4 - 5 years.