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Cash Operation Manager

Client of G.Gheewala

Posted on February 14, 2020

8 - 12 years Saudi Arabia - Saudi Arabia

Bachelor of Commerce(Commerce). Any Nationality

Opening 01

Job Description

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Job Description
Undertake a range of risk, strategic and/or general financial management activities that enable the company to maintain or improve and maximise its financial position. Supervises and executes the company's treasury short-term investment, guidelines and strategies. Maximizes the return on managed assets within acceptable risk parameters while minimizing the cost of funding and ensuring that the company's financial obligations are met promptly. Reviews and analyses the financial positions of potential business partners with the company. Monitors compliance with key controls and limits and undertakes the collation of the monthly treasury report and consolidating the Central Treasury Operating Plan.
DescriptionPerformance Indicators
Reviews and jointly approves disbursements and wires.
Ensures that all payments and disbursements are correct and duly supported with the appropriate authority.
Support corporate and the centralized affiliates operational business with the required bank securities (LG, LC, SBLC & CAD).
Monitor bank securities (LG & LC) issued by contractors and suppliers in favour of corporate and the centralized affiliates.
Wires correctly done and in the time scheduled.
Monitor bank securities as per the set of KPI s
Invests surplus funds in proper way and according to the department KPI s, company commitments and the approved investment policy,
Supervises the activities related to the investments (investment analysis, recommendations, quotations, banks negotiations, etc..)
Evaluates company s financial futures transactions, such as investments in options, swaps and forwards, and ensures that traders abide by regulatory requirements.
As per the set KPI s for the department and according to the investments policy
DescriptionPerformance Indicators
Cash Management
Reviews the cash flow forecast of the Company by considering planned and budgeted expenditures, outstanding financial commitments, proceeds from sales and interest earnings. Invests surplus funds while ensuring the company's financial obligations are met promptly.
Cash flow within the frame required and approved.
Execute Treasury strategy regarding Hedging, monitor and review risk associated and evaluate the most appropriate Hedging instrument to safeguard the company financial position and strengthen it.
Mark to market the current hedging transactions
Loan Management
Perform debt administration duties; review and interpret bond/sukuk related numbers; monitor all financial transactions relative to loans including all complex accounting and analysis transactions.
Monitor and report loans covenants
Manage loans payments
Report loans covenants to lenders
Business Valuation
Analyze business transactions and problems and prepare appropriate financial models.
Collect business data from different sources and conduct benchmark analysis.
Interact with management and present relevant information effectively.
Analysing data and provide guidance in order to deliver project successfully
Maintains a high level of awareness of financial markets.
Analyze market trends and issues, perform valuation analysis, create reports and determine new opportunities
Monitor foreign currency exposures to support high-level decisions and establishment of strategies.
Feedback on market trend knowledge as it changes on a monthly basis
Monitor reports related to treasury operation, investment, hedging and liquidity position of the company to support management's decision-making process.
Maintains continuous updates of KPIs reports and data gathering.
Reports as per set standard produced and according to the timeframe provided
Contributes to the training and development of Saudi national employees assigned to the Central Treasury.
Trained Saudi nationals.
Bachelor s degree in Finance or other related discipline.
A minimum of 8 years business/accounting experience including Hedging/derivatives / investments & Loan management of which at least 5 years should have been in a supervisory position.
Strong skills in Treasury related activities.
Skill in Debt Management & derivatives
Preference if any recognized certification (MBA, CFA, CPA)

Accounts / Taxation / Audit / Company Secretary


Cash Operation Manager


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Client of G.Gheewala

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