Treasury Manager - Alhokair Group
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1 Vacancy
Job Description
Overview:
AL Hokair group is a name that has been tied the world of hospitality and entertainment for decades. To many it has become the first name that comes to mind when tourism in Saudi Arabia or the Arabian world are mentioned. The group was started in 1975 to invest in the sectors of entertainment and hospitality under the leadership of Sheikh Abdulmohsin AL Hokair.
Over five decades the groups projects expanded to include 70 entertainment centers and 33 hotels spread in Saudi Arabia and United Arab Emirates. The group continues to develop its tourism investments to deliver the best of what top global companies offer by attracting expertise and establishing partnerships that enhance returns of investment and makes a difference in the fields of entertainment and hospitality.
Job Summary:
As a Treasury Manager you will play a critical role in managing the financial assets and liabilities of Al Hokair Group. You will be responsible for analyzing and executing financial transactions developing cash management strategies and monitoring financial risks. Additionally you will work closely with various departments within the company to ensure the efficient utilization of financial resources and compliance with regulatory requirements.
Key Responsibilities:
Develop and implement cash management strategies to optimize the Groups liquidity and minimize financial risks
Monitor and analyze market trends interest rates and currency fluctuations to provide recommendations for risk management and investment decisions.
Manage the Groups corporate banking relations banking facilities facility arrangements and scheduling repayments interests and other related issues.
Manage the Groups bank accounts including opening and closing accounts and monitoring service fees
Prepare and update of the cash flow projections ensure accurate records of cash balances.
Collaborate with internal departments to forecast cash needs and ensure sufficient funds are available for payments and investments
Monitor and maintain compliance with internal policies and external regulations related to treasury operations
Provide timely and accurate reports to senior management on cash positions investment portfolio performance and financial risks
Qualifications and Skills:
Bachelors degree in Finance Accounting or a related field
Minimum of 5 years of experience in treasury operations including experience in banking relation and banking facility management.
Excellent analytical and problemsolving skills with a strong attention to detail
Proficient in MS Excel and financial management software
Knowledge of banking and financial regulations
Strong communication and interpersonal skills
Ability to work independently and in a team environment
Fluency in English and Arabic is preferred
Employment Type
Full Time
