Senior 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 Senior Manager role will lead all Risk, Compliance, Change Control, and Reporting functions across the spectrum of Riyadh Air Treasury activities, leveraging the use of best-in-class systems, delivering consistent high-quality forecasting and reporting, and maintaining strong governance through effective controls. They will also oversee Risk Management including fuel, rates and FX hedging requirements.

GENERAL ACTIVITIES

• Ownership of all Treasury Systems (banking, TMS and dealing), leading ongoing development and responsible for processes such as master data management, and pricing and valuation.
• Responsible for the management, maintenance, and enhancement of Riyadh Air’s operational cashflow forecast.
• Ensure the most efficient utilisation of cash across all currencies and geographies in which Riyadh Air operates.
• Maximise the yield on surplus cash whilst minimizing financial risk to the extent possible.
• 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, monitoring market changes where necessary.
• Investigation and resolution of control issues throughout the operations of Treasury department, including creation and implementation of new controls and processes.
• Manage cash management bank relationships, ensuring the minimum level of bank fees whilst ensuring Riyadh Air’s cash management structures and processes remain best in class.
• Responsible for driving the new products process for Treasury as required.
• Manage all Group Treasury aspects of internal and external audit.

PROFILE REQUIREMENTS 

Professional Experience

• A minimum of 10 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

• Ability to articulate recommendations in a concise and timely manner. Be able to handle multiple tasks and maintain control and quality of work product.
• Strong interpersonal skills.
• 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.