Senior Treasury Analyst

About This Role

Job Summary

The Senior Treasury Analyst supports Mowasalat’s financial stability and liquidity management by overseeing treasury operations, cash flow forecasting, banking relationships, and treasury‑related reporting. The role focuses on optimizing cash visibility, mitigating financial risks, strengthening treasury controls, and ensuring compliance with financial regulations and internal policies. The Senior Treasury Analyst works closely with internal stakeholders, banks, and auditors to support effective liquidity planning and informed financial decision‑making across the organization.

Key Responsibilities

Cash Management & Liquidity Planning

• Lead short‑term and long‑term cash flow forecasting to ensure optimal liquidity and fund availability.
• Monitor daily cash positions, fund balances, and liquidity levels across all bank accounts.
• Analyze variances between actual cash movements and forecasts, identifying trends and recommending corrective actions.
• Identify surplus funds and optimize utilization through short‑term investments and fixed deposits to maximize returns.

Banking Relationships & Treasury Operations

• Manage relationships with banks and financial institutions to ensure efficient handling of treasury activities.
• Govern the opening and closing of bank accounts, ensuring proper documentation, approvals, and policy compliance.
• Oversee corporate card programs, petty cash operations, and fixed deposits, ensuring strong governance and controls.
• Lead the arrangement and administration of Letters of Credit and Bank Guarantees, negotiating competitive terms.
• Support loan management activities including drawdowns, repayments, and interest calculations in line with financing agreements.

Bank Reconciliation & Treasury Accounting

• Oversee end‑to‑end bank reconciliation processes, ensuring timely review, investigation, and clearance of discrepancies.
• Coordinate with Accounts Payable, Accounts Receivable, and business units to enhance cash visibility and reconciliation accuracy.
• Maintain accurate treasury accounting records and ensure timely resolution of outstanding reconciling items.

Financial Reporting, Risk & Compliance

• Prepare and review treasury‑related reports including cash positions, investments, fund balances, and risk exposures.
• Monitor foreign exchange, interest rate, and liquidity risks, providing insights and mitigation recommendations.
• Ensure compliance with internal treasury policies, IFRS/GAAP, and applicable financial regulations.
• Support month‑end closing activities related to treasury, ensuring accuracy and completeness of financial data.

Audit, Controls & Stakeholder Coordination

• Coordinate with internal and external auditors, ensuring timely and accurate provision of treasury documentation.
• Identify treasury risks and strengthen internal controls in collaboration with management.
• Build and maintain effective working relationships with internal stakeholders and banking partners.

Process Improvement & Continuous Enhancement

• Identify opportunities to improve treasury processes, efficiency, and internal controls.
• Lead and support automation and system‑driven improvements within treasury operations.
• Monitor the effectiveness of implemented enhancements and drive continuous improvement initiatives.

Governance & Confidentiality

• Maintain the highest standards of confidentiality and integrity in handling financial and banking information.
• Perform additional treasury‑related duties as assigned to meet operational and business requirements.

Qualifications & Requirements

Education

• Bachelor’s degree in Accounting, Finance, or a related discipline.

Experience

• Minimum 6–8 years of experience in treasury operations, cash management, or financial accounting.
• Proven experience managing banking transactions and coordinating with financial institutions.
• Demonstrated track record in bank reconciliations, cash forecasting, and treasury reporting within large or multi‑entity organizations.

Certifications & Training (Preferred)

• Cash Management & Forecasting
• E‑payment Methods and Fintech Solutions
• Documentary Credits / Trade Finance
• Any relevant professional finance or treasury certification

Skills & Competencies

• Strong expertise in treasury operations, cash management, and bank reconciliation
• Knowledge of banking instruments (LCs, Bank Guarantees, Fixed Deposits)
• Proficiency in SAP or other ERP financial systems
• Financial analysis, risk assessment, and reporting skills
• High attention to detail, accuracy, and control mindset
• Strong communication, stakeholder management, and problem‑solving skills
• Ability to manage multiple priorities and meet tight deadlines
• Integrity, adaptability, and continuous improvement orientation