Treasury Manager

About the Company

Matar Holding Company is a diversified Saudi Arabian business group headquartered in Dammam, Saudi Arabia. Established in 1970, the group began with automobile radiator manufacturing and has since expanded into multiple business sectors, including industrial manufacturing, automotive, agriculture, poultry, animal feed, and other business activities.

About the Role

The Treasury Manager will be responsible for managing the group’s treasury operations, liquidity, cash flow, banking relationships, financing activities, and financial risk. The role will ensure sufficient funds are available to support business operations across the group while optimizing working capital and maintaining effective financial controls.

Responsibilities

• Develop and implement group-wide treasury strategies, policies, and procedures.
• Manage daily cash positions, cash pooling, liquidity, and fund allocation across group companies.
• Prepare and monitor short-term and long-term cash flow forecasts.
• Manage banking relationships, credit facilities, bank guarantees, letters of credit, and other banking instruments.
• Monitor loans, borrowings, interest costs, repayment schedules, and financing requirements.
• Coordinate with banks to negotiate competitive financing terms and banking charges.
• Monitor foreign exchange exposure and recommend appropriate risk management measures.
• Oversee bank reconciliations, cash transactions, and treasury reporting.
• Optimize working capital by monitoring receivables, payables, inventory funding, and cash conversion cycles in coordination with finance teams.
• Ensure compliance with internal treasury policies, financial controls, banking regulations, and applicable Saudi requirements.
• Prepare treasury reports, liquidity statements, borrowing reports, and cash flow analysis for senior management.
• Support annual budgeting, financial planning, and funding strategies.
• Evaluate investment and surplus cash management opportunities in line with company policies.
• Coordinate with internal and external auditors on treasury-related matters.
• Identify opportunities to improve treasury processes, banking efficiency, and cash management systems.

Qualifications

Bachelor’s degree in finance, Accounting, Banking. A master’s degree or professional certification (e.g., CA, ACCA, CMA or CPA) is a plus

Minimum Experience

Minimum of 10+years of experience in treasury or related fields

Preferred Skills

• Strong understanding of financial markets, instruments, and banking.
• Proficiency in treasury management systems and financial software
• Excellent analytical, problem-solving, and decision-making skills.
• Strong attention to detail and organizational skills.
• Ability to work independently and as part of a team.
• Effective communication and interpersonal skills.