Treasury Manager Zain

About the Role
The Treasury Manager is responsible for leading and overseeing treasury operations, cash management, bank reconciliation activities, fund transfers, supplier payments, foreign exchange transactions, and treasury reporting to ensure effective liquidity management, financial control, and operational efficiency.
The role ensures the accuracy and integrity of treasury activities through strong internal controls, timely execution of operational processes, effective bank relationship management, and comprehensive financial analysis. The Treasury Manager also leads treasury team members, drives process improvements, and supports strategic decision-making through treasury reporting, dashboards, and performance insights.
Responsibilities:

Lead and oversee treasury operations, cash management activities, and bank reconciliation functions across the organization.

Supervise daily cash management activities, ensuring accurate recording of cash collections, deposits, remittances, and bank transactions.

Oversee monthly bank reconciliation activities for all bank accounts and ensure timely identification and resolution of discrepancies.

Review and approve corrective journal entries to maintain accuracy and integrity of financial records.

Manage fund transfers between banks and ensure timely preparation and execution of transfer instructions and supporting documentation.

Oversee foreign exchange transactions, including preparation of FX purchase requests, coordination with banks, and securing competitive exchange rates.

Manage supplier payments and online banking activities to ensure timely and accurate payment processing.

Verify cash collections received through security companies and ensure proper deposits prior to reconciliation activities.

Act as the primary point of contact with banks and financial institutions to ensure effective communication and resolution of treasury-related matters.

Monitor daily cash positions and support liquidity planning activities to ensure adequate funding requirements are maintained.

Support cash forecasting activities and provide visibility on short-term and long-term cash requirements.

Review treasury transactions and ensure compliance with treasury policies, financial controls, and delegated authorities.

Develop, monitor, and report treasury KPIs, dashboards, and operational performance indicators.

Prepare treasury reports, financial analysis, and management presentations highlighting key risks, issues, trends, and improvement opportunities.

Perform deep-dive financial analysis and provide actionable insights to support business and financial decision-making.

Identify treasury risks, operational control gaps, and process inefficiencies and implement corrective actions.

Ensure compliance with accounting standards, treasury procedures, financial governance requirements, and audit recommendations.

Collaborate with Finance, Accounting, Procurement, Internal Audit, and other stakeholders to resolve treasury-related issues and improve operational efficiency.

Lead treasury process automation, system enhancements, and continuous improvement initiatives.

Coach, mentor, and support treasury team members while fostering a culture of accountability, collaboration, and high performance.

Monitor team workload, performance, and achievement of treasury operational objectives.

Support internal and external audits by ensuring availability and accuracy of treasury records and supporting documentation.

Perform all the above-mentioned roles and responsibilities in compliance to the Information Security Management System (ISMS) policies and report any information/physical security breaches or incidents to the supervisor/manager immediately

Be aware of, and adhere to, all environmental requirements as set by the statutory bodies in Kuwait, or by the published policies of Zain Group/Kuwait

Zain abides by fulfilling the occupational health and safety certificate requirements that establishes and maintains an OH&S management system that eliminate hazards and minimizes OH&S risks (including systemdeficiencies),takeadvantageofOH&SopportunitiesandaddressesOH&Smanagementsystem nonconformities associated with its activities
What We Need From You
Skills:

Strong leadership and team management capabilities.

Ability to communicate, present, and influence stakeholders at all levels of the organization.

Strong expertise in cash management, bank reconciliation, treasury operations, and financial controls.

Strong understanding of financial accounting, treasury governance, and reporting practices.

Advanced analytical and financial modeling capabilities.

Ability to perform deep-dive financial analysis and generate actionable business insights.

Experience designing and managing KPIs, dashboards, and treasury performance reports.

Strong understanding of financial data and ability to extract meaningful insights from large datasets.

Strong problem-solving skills and ability to identify, assess, and mitigate financial risks.

Experience working independently and across cross-functional teams.

Ability to translate business requirements into analytical frameworks and reporting solutions.

Advanced proficiency in Microsoft Excel, PowerPoint, Word, and financial reporting tools.

Strong communication, presentation, and stakeholder management skills.

Continuous improvement mindset with focus on operational excellence and automation initiatives.

High attention to detail, accuracy, ownership, and accountability.

Ability to manage multiple priorities and work effectively under tight deadlines.
Education Level & Major: Bachelor s Degree required, Finance, Accounting, Business Administration, Economics, or related field
Years Of Experience: 7+ Years