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Senior Treasury Specialist (2e34c1fef00c)
• Ensures compliance with all Saudi Arabian banking and other associated regulatory requirements. • Completes or assists in completing all cash management set-up documentation for new and existing department processes; prepares correspondence and proposals directed to and for cash management. • Monitors all cash management operations to include daily cash administration, management of current accounts and bank relations. • Monitors all cash transactions to ensure that all bank accounts balance to the financial statements; and that any unusual items are investigated. • Works with Rig Managers, Department Managers and other relevant groups to accurately forecast timing and amount of future cash flows (weekly, monthly, quarterly, and annually or as often as necessary). • Ensures the availability of liquidity by forecasting and monitoring cash flows (weekly, monthly, quarterly etc.) as well as preparing cash flow reports for management; identifying and evaluating variances. • Develops or assists in the development and maintenance of all Banking and treasury Management Policies, Procedures and associated Internal Controls. • Assists in the create, enhance and implement cash management investment strategy in compliance with policy and regulations • Assist in procuring new bank loan agreements • Assist in Managing the company working capital bank products. • Assist in managing the debt book of the company.