18 Mar
2023
Full-Time Assistant Treasurer – Hafar Al Batin
Job Description
A Treasurer is needed to control the company’s worldwide banking, investing, and borrowing programs, as well as risk management methods. The ideal applicant will be part of a wider Finance team that manages the company’s cash flow to ensure that there are sufficient money to carry out everyday operations, satisfy financial commitments, and support business development. In addition, this individual will be in charge of the company’s worldwide risk, credit, collection, and insurance operations.
Job Title : Assistant Treasurer
Location : Hafar Al Batin, Eastern Province, Saudi Arabia
Salary : $ 14.6 per hour.
Company : Do it Best Corp.
Job Type : Full-Time
Qualifications:
- The capacity to work effectively and cooperatively with all levels of employees, management, and other agencies is necessary to improve performance, innovation, problem resolution, and outcomes.
- Accounts from parent electronic banking domains that are still active should be cut away. In the newly formed domain, add new users and roles.
- When it’s legal and tax-efficient, create a cross-currency notional pooling structure to pool global cash. Sweeps from local accounts will be possible automatically, with same-day access to global funds.
- Some firms may necessitate the use of a cash management bank. Accounts can be opened, as well as an electronic banking platform. Users may be created, each with their own set of tasks and degrees of authority.
- Assesses, advises on, and executes funding sources, investment opportunities, and financial instruments in order to meet the organization’s financial and treasury goals.
- In conjunction with key stakeholders, define and create cost, quality, and speed metrics relating to the processes.
- Strong statistical abilities, such as regression analysis and correlation/causality calculations.
- Prepare monthly and annual cash flow forecasts, as well as short and long-term cash management plans.
- More large-scale initiatives will be started and guided as needed in the areas of service quality, productivity, process simplification, digitalization, and harmonization.
- Establishes and maintains long-term partnerships with banking partners while assuring efficient and cost-effective banking operations.
Skills:
- Superior knowledge of treasury, both locally and worldwide, is necessary for a candidate to increase his or her chances of being recruited.
- Detail-oriented, self-driven, and incredibly well-organized.
- It’s necessary to have a bachelor’s degree in math, economics, accounting, or similar quantitative field.
- Make sure the financial software and capabilities are up to date.
- Ability to prioritize tasks and collaborate with a diverse group of managers.