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Director of Treasury

Job in Doha, Qatar
Listing for: Estithmar Holding
Full Time position
Listed on 2026-02-02
Job specializations:
  • Finance & Banking
    Corporate Finance, Financial Manager, CFO, Risk Manager/Analyst
  • Management
    Financial Manager, CFO, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 800000 - 1000000 QAR Yearly QAR 800000.00 1000000.00 YEAR
Job Description & How to Apply Below

Overview

Director of Group Treasury is the strategic owner of the Holding’s liquidity, capital structure, funding strategy, and financial risk management. The role combines strategic leadership with disciplined execution, ensuring the Holding maintains strong liquidity, optimized funding costs, robust treasury governance, and full readiness for capital markets activities (IPO, Sukuk, syndicated facilities, refinancing, and spin-offs).

The role acts as a trusted advisor to the Holding Chief Financial Officer and the Board, safeguarding the balance sheet while enabling sustainable growth across all clusters.

Key Strategic Responsibilities
  • Group Liquidity & Cash Management
    • Own the Holding-wide liquidity position, including daily cash visibility and medium-term planning.
    • Implement and manage centralized treasury structures, including cash pooling, intercompany sweeping, and liquidity concentration.
    • Lead 13-week rolling cash flow forecasts, scenario analysis, and stress testing across all clusters.
    • Optimize deployment of surplus cash in line with approved treasury policy.
  • Funding, Capital Structure & Debt Strategy
    • Design and execute the Holding funding and capital structure strategy, including:
    • Syndicated loans and bilateral facilities
    • Sukuk and Shariah-compliant financing structures
    • Optimize cost of funds, tenor, covenant headroom, and refinancing profile.
    • Lead refinancing, repricing, and restructuring initiatives.
    • Serve as the primary relationship owner for local and international banks.
  • Capital Markets, IPO & Strategic Transactions
    • Lead treasury work streams for:
    • IPOs, dual listings, and spin-offs
    • Rating agency engagement and covenant modeling
    • Support equity story development from a cash flow, leverage, and liquidity sustainability perspective.
    • Coordinate closely with FP&A, Strategy, Legal, and external advisors on major transactions.
  • Financial Risk Management
    • Establish and maintain Holding-wide financial risk frameworks, covering:
    • FX risk
    • Interest rate risk
    • Liquidity risk
    • Counter party and credit risk
    • Define and execute hedging strategies aligned with the Holding’s risk appetite.
    • Provide regular risk exposure reports to the HCFO hookup and the Board.
  • Banking, Trade Finance & Guarantees
    • Oversee all Holding-level banking relationships.
    • Govern issuance and utilization of:
    • Letters of Credit (LCs)
    • Bank Guarantees (BGs)
    • Performance bonds
    • Standardize trade finance processes across clusters and ensure optimal pricing and limits.
  • Treasury Governance, Policy & Compliance
    • Develop, implement, and enforce the Group Treasury Policy.
    • Ensure compliance with:
    • Internal governance and delegation of authority
    • Shariah principles (where applicable)
    • Regulatory, legal, and covenant requirements
    • Establish strong internal controls, segregation of duties, and reporting discipline.
  • Treasury Systems & Digital Transformation
    • Lead the implementation and enhancement of Treasury Management Systems (TMS).
    • Ensure integration with ERP platforms (e.g., SAP).
    • Drive automation, real-time cash visibility, and analytics-driven insights.
  • Leadership & Capability Building
    • Build and lead a high-performing Group Treasury function.
    • Develop treasury talent and succession pipelines.
    • Promote a culture of discipline, transparency, and accountability across clusters.
  • Key Deliverables
    • Holding Liquidity & Cash Flow Forecasts
    • Funding & Capital Structure Strategy
    • FX & Interest Rate Risk Reports
    • Covenant & Banking Compliance Dashboards
    • Treasury Policy & Governance Framework
    • Board-Level Treasury Packs
    Key Stakeholders
    • Holding Chief Financial Officer
    • Holding CEO
    • Board of Directors & Audit & Risk Committee
    • Cluster CFOs and Finance Teams
    • Banks, Rating Agencies, Legal & Financial Advisors
    Required Qualifications & Experience

    Education & Credentials

    • Bachelor’s degree in Finance, Accounting, Economics, or related field
    • CFA, ACT (AMCT/CT), or equivalent strongly preferred
    • Strong Middle East and Global Banking Experience

    Experience

    • 12–15+ years of progressive treasury experience
    • Proven leadership in Group or Holding-level Treasury
    • Strong experience in:
    • Syndicated loans and Sukuk
    • Centralized liquidity structures
    • Capital markets and funding programs
    • Exposure to IPO environments and complex group structures
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