Assistant Treasurer (1985)

Key Duties & Responsibilities

• Lead weekly and monthly cash forecasting, analyze trends, and collaborate with affiliates and cross-functional teams to improve forecast accuracy, visibility, and accountability.
• Monitor and manage liquidity, cash flow, bank balances, short-term investments, FX requirements, and provide recommendations to optimize funding and working capital.
• Manage and optimize bank accounts, banking platforms, payment formats, and treasury processes; recommend banking structure improvements that support business growth and control efficiency.
• Execute and oversee payments, disbursements, and daily treasury service delivery while maintaining appropriate controls, approvals, and operational discipline.
• Oversee affiliate loan management, including compliance tracking, administration, balances, interest, documentation, and related reporting obligations.
• Review, negotiate, issue, amend, and manage letters of credit, standby letters of credit, guarantees, parent company guarantees, documentary credit arrangements, and other trade finance instruments.
• Evaluate and help structure facilities and transaction-specific solutions such as receivables financing, inventory financing, supply chain finance, borrowing base concepts, prepayment structures, risk participation, and bank-supported working capital solutions.
• Partner with Commercial, Legal, Risk, Compliance, Operations, Tax, Accounting, parent companies, and external banks to ensure financing structures are commercially viable, operationally executable, compliant, and appropriately documented.
• Coordinate closely with the parent office in KSA on strategic financing considerations, approval requirements, guarantee-related matters, and communication of material treasury or structured trade finance developments.
• Assess transaction economics, financing costs, tenor, collateral/security requirements, covenant implications, country and counterparty considerations, sanctions/compliance requirements, and risk-adjusted returns.
• Monitor utilization, collateral support, documentation milestones, reporting requirements, covenant compliance, guarantee exposure, and maturity profiles for trade finance and structured finance arrangements.
• Maintain strong relationships with banking partners and financing providers to expand funding alternatives, benchmark market terms, and support competitive, scalable trade finance capacity.
• Support the origination, structuring, negotiation, execution, and ongoing management of structured trade finance solutions for commodity transactions and strategic business opportunities.
• Utilize SAP S4HANA effectively, support implementation of new modules, troubleshoot issues, document procedures, and contribute to improvements across treasury workflows.
• Ensure timely month-end close support and provide periodic reports to parent companies, affiliates, and senior management.
• Develop accurate treasury, liquidity, trade finance, and working capital reports, including key insights, trend analysis, performance indicators, facility utilization, exposure reporting, and forward-looking commentary.
• Oversee accounting support related to derivatives and structured transactions, ensuring alignment with relevant accounting standards, internal policies, and stakeholder reporting needs.
• Collaborate with Compliance and Legal teams to ensure strict adherence to regulatory requirements, internal delegations of authority, credit approvals, banking documentation, and policy requirements.
• Establish, monitor, and analyze KPIs for treasury and trade finance activities, driving continuous improvement, control effectiveness, and alignment with organizational goals.
• Support company guarantee reviews, corporate insurance matters, and ad hoc governance-related projects and analyses.
• Lead special projects within Finance and Treasury.
• Conduct analytical work for new contracts, business areas, and financing opportunities, producing consolidated forward-looking cash forecasts, financing cost analysis, and decision-support models.
• Mentor entry-level team members, share knowledge across treasury and trade finance processes, and build team capability through documentation, training, and collaborative execution.
• Undertake additional duties assigned, including complex financial modeling and strategic analysis.

Job Requirements

Education & Skills (Required / Preferred)

• Bachelor’s degree in Business, Finance, Accounting, Economics, or a related field.
• Strong analytical and financial modeling skills, including cash flow forecasting, financing cost analysis, facility utilization analysis, and working capital impact assessment.
• Solid understanding of trade finance solutions, including letters of credit, guarantees, receivables financing, inventory financing, supply chain finance, and other working capital structures.
• Knowledge of banking platforms, payment formats, treasury systems, cash flows, forecasts, and trade finance documentation.
• Strong collaboration, communication, and influencing skills with the ability to work across Finance, Commercial, Legal, Compliance, Risk, Operations, banks, and parent company stakeholders.
• Strong attention to detail and ability to review financing documentation, banking terms, guarantees, letters of credit, and reporting requirements.
• Preferred: CTP, CFA, CPA, trade finance certification, or additional finance/treasury-related certifications.

Experience & Knowledge (Required / Preferred)

• Minimum 9 years of experience in treasury operations, cash management, corporate finance, banking, trade finance, structured trade finance, commodity finance, or a related finance function.
• Working knowledge of banking platforms and financial systems, including SAP S4HANA and Microsoft Office applications.
• Practical understanding of letters of credit, standby letters of credit, guarantees, documentary credits, receivables financing, inventory financing, supply chain finance, prepayment structures, and other structured trade finance solutions.
• Ability to analyze large volumes of financial, commercial, operational, and market information and translate findings into clear recommendations.
• Cross-functional and cross-business understanding to assess broader impacts of financing structures, liquidity decisions, compliance requirements, and working capital initiatives.
• Preferred: Previous leadership, supervisory, project leadership, or bank-facing negotiation experience in treasury, trade finance, or commodity finance.

Abilities & Specific Requirements (Required / Preferred)

• Commitment to delivering high-quality work within specified deadlines and under competing priorities.
• Intellectual curiosity, commercial mindset, and willingness to develop deeper structured trade finance expertise.
• Resilience in facing challenges and ability to proactively solve issues in time-sensitive transaction environments.
• Willingness to challenge ideas constructively while remaining open to diverse perspectives and cross-functional input.
• Proven ability to manage multiple projects, transactions, documentation workstreams, and stakeholder expectations simultaneously.
• Preferred: Demonstrated ability to participate in complex financial modeling, structured transaction analysis, and process improvement initiatives.
• Preferred: Leadership attributes including personal integrity, transparency, accountability, sound judgment, and ownership of commitments.