Head of Treasury

On behalf of our esteemed financial services client we are seeking an expectational KSA Candidate ideally (SAMA Approved) for a Head of Treasury position.You will ensure robust cash flow management processes to enhance liquidity and support the bank’s strategic decision-making.Manage inter-bank and customer deposit resources of the group while adhering to risk appetite and parameters as determined by the Board.Establish processes and procedures to conduct operations in line with regulatory requirements.Support treasury planning, forecasting, and management reporting by designing reporting requirements for integration into the ERP systemBuild· Develop and implement treasury planning and forecasting processes to support organizational objectives.· Design reporting requirements and feed them into the ERP system, including segmentation, channel, products, customer base, front and back book margins, average balance sheet, KPIs, and cost classification (fixed, variable, onboarding/acquisition, and servicing).· Integrate robust cash flow management processes into the ERP system to ensure financial stability and strategic decision-making.Run· Collaborate with cross-functional teams to ensure alignment of treasury activities with business needs.· Monitor treasury performance metrics, identifying areas for improvement and implementing solutions to enhance efficiency.· Manage the liquidity situation of the bank at all times, and ensure the appropriate emergency plans are in place.· Provide training and awareness programs to stakeholders on treasury processes.· Stay updated on industry trends and best practices to continuously improve treasury processes.· Ensure timely preparation for treasury planning (including liquidity and funding) aligned with operational needs.Protect· Ensure compliance with liquidity constraints, company policies, and industry standards.· Develop and maintain treasury policies and procedures to enhance efficiency and control.· Supervise FX activities and manage any Money Market positions within established limits and in compliance with risk management guidelines.Essential · Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.· 8-10 years of experience in a Treasury role, preferably with responsibilities related to financial/Treasury planning, forecasting, and management reporting.· Strong knowledge of Treasury principles, ERP systems, and financial reporting requirements.· Proven experience with Treasury activities, financial planning, performance analysis, and process optimization.· Good understanding of the local repo/reverse repo market· High level understanding of the key regulatory ratios and impact on these from Treasury activities· Excellent communication and interpersonal skills for effective collaboration with cross-functional teams and stakeholders.· Ability to develop processes, policies, and support building systems for a startup environment.Ability to design and integrate robust treasury processes into ERP systems.