Manager - Corporate Treasury

Riyadh Air, Saudi Arabia’s new national airline is looking for global talent to build on our ambition to be the World’s most inspiring airline with an exceptional guest experience.

JOB ROLE 

The Corporate Treasury Manager will support and manage various complex initiatives and processes to ensure that Riyadh Air possesses a world class Treasury, leveraging the use of best-in-class systems, delivering consistent high-quality reporting, and maintaining strong governance through effective compliance and controls.

GENERAL ACTIVITIES

  • Manage and develop Treasury systems to support the needs of the wider Group Finance, including executing all in-house development and overseeing upgrade and implementation projects.
  • Manage the ongoing administration of all treasury systems (banking, TMS and dealing) in line with Treasury policy.
  • Design, prepare and distribute all daily, weekly, monthly and quarterly Treasury reports for senior management and executives, adding quantitative and qualitative analysis where necessary.
  • Ensure ongoing compliance with all relevant policy limits, procedural controls and regulations.
  • Investigation of control issues throughout the operations of Treasury department, including creation and implementation of new controls.
  • Operate and maintain the operational cashflow for the Riyadh Air, ensuring funds are in the correct currency, in the correct location, at the correct time.
  • Maximize yield on investments whilst maintaining financial risk at an acceptable level.
  • Responsible for the integrity and accuracy of Treasury Data.
  • Manage the accounting set-up within the TMS to ensure treasury activity is recorded accurately in the general ledger by Group Finance, including hedge accounting.
  • Manage all Group Treasury aspects of internal and external audit.

PROFILE REQUIREMENTS 

Professional Experience

  • A minimum of 5 years’ experience within banking, a big 4 accounting firm, or the Treasury function of a large corporate. Must have experience of leading a team, implementing change, and conversant with financial risk.  Excellent attention to detail with strong analytical and quantitative skills.

Academic Qualifications

  • Bachelor's degree from a leading undergraduate institution in the field of finance.
  • Formal certification from the ACT, ACI, CFA, ICAA, GARP, or an MBA in Finance is desirable.

Competency Requirements

  • Must have strong analytical skills and experience preparing and presenting complex reports. Highly skilled with MS Office products including Excel, PowerPoint and Word.  Power BI is desirable.
  • Must have good software proficiency and experience with a Treasury / Risk Management System, as well pricing and credit risk data in Bloomberg / Reuters.
  • Ideal candidates will have participated in a Treasury / Risk Management System implementation or upgrade.
  • Strong knowledge of the risks in Treasury products and their measurement.
  • Fundamental understanding of deal pricing and valuation.
  • Knowledge of airlines or travel and transportation industries would also be desirable.
  • Some understanding of scripting languages and sql is beneficial.
  • High level of professionalism and work ethics.
  • Adaptability and desire to work in an evolving/start-up environment where policies and processes are being created.
  • Excellent verbal and written communication skills.

This opportunity is closed to applications.