Treasury Specialist

Company DescriptionACMC is a pioneering joint venture established in 2022 between Shell, AMG Recycling BV, and United Company for Industry (UCI), a subsidiary of Aljomaih Group. Based in Jubail Industrial City, Saudi Arabia, ACMC is developing a world-class Catalyst Manufacturing and Metals Reclamation Supercenter. The facility aims to position Saudi Arabia as a global leader in vanadium supply, a critical material for energy storage technologies and high-strength steel infrastructure. Through cutting-edge technology, closed-loop systems, and strategic partnerships such as the landmark agreement with Saudi Aramco, ACMC supports Saudi Vision 2030 by localizing value chains and accelerating the global energy transition.General Summary of the Role:The Treasury Specialist is responsible for managing the company's cash flow, banking operations, liquidity planning, debt facilities, and financing activities. The role supports the organization's financial stability by ensuring adequate funding, optimizing cash utilization, maintaining banking relationships, and managing loans and lender obligations in a manufacturing environment.

Job Description

Strategy and Performance Management:Support the development and execution of the company's treasury strategy, ensuring alignment with business objectives and growth plans.Monitor and forecast short-term and long-term liquidity requirements to ensure sufficient funding for operations and capital projects.Prepare treasury reports, cash flow forecasts, and liquidity analysis for management decision-making.Job Duties:Manage daily cash positions, monitor bank balances, and optimize cash utilization.Prepare and maintain rolling cash flow forecasts and funding requirements.Execute fund transfers, investments, and other treasury transactions in accordance with approved policies.Manage working capital by monitoring receivables, payables, and cash conversion cycles.Reconcile bank accounts and investigate variances.Manage all company loan facilities.Monitor loan covenants, repayment schedules, interest calculations, and compliance with financing agreements.Coordinate loan drawdowns, repayments, refinancing activities, and required lender reporting.Serve as the primary point of contact with banks, financial institutions, and lenders regarding financing arrangements and treasury operations.Build and maintain strong relationships with lenders to support funding requirements and negotiate favorable financing terms.Support debt financing activities, including preparation of financial information and documentation required by lenders.Monitor foreign exchange exposures and support implementation of hedging activities where applicable.Compliance:Ensure treasury transactions comply with corporate policies, financing agreements, banking regulations, and applicable legal requirements.Support internal and external audit activities relating to treasury, banking, and financing operations.Maintain compliance with lender covenants and reporting obligations.Ensure adherence to KSA financial regulations, tax requirements, and corporate governance standards.Required QualificationsEducation: Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related field.Professional Certifications: CFA, CMA, CPA, ACCA, or equivalent (preferred).Experience: 4-8 years of treasury, corporate finance, banking, or financial management experience, preferably within manufacturing, industrial, or project-based organizations.Technical SkillsTreasury management, cash forecasting, and liquidity planning.Debt and loan management, including covenant monitoring and lender reporting.Banking relationship management and financing negotiations.Cash flow analysis and working capital management.Financial risk management.ERP systems and treasury management platforms.Advanced Microsoft Excel and financial modeling skills.Knowledge of KSA banking practices, financing structures, and regulatory requirements.Soft SkillsStrong analytical and problem-solving capabilities.Excellent organizational and time management skills.Effective communication and stakeholder management abilities.Ability to manage relationships with banks, lenders, and senior management.High attention to detail and accuracy.Proactive approach to identifying and mitigating financial risks.