Assistant Treasurer

JOB DESCRIPTION SUMMARY

Responsible for leading core treasury activities while expanding the function's structured trade finance capabilities to support commodity trading growth, liquidity optimization, and working capital efficiency. The role manages cash forecasting, liquidity planning, bank account optimization, affiliate loan administration, letters of credit, treasury systems, and reporting, while also supporting the structuring, negotiation, execution, and monitoring of trade finance and structured working capital solutions.

The position partners closely with Commercial, Legal, Risk, Compliance, Operations, Accounting, affiliates, parent companies, and external banking counter parties to deliver fit‑for‑purpose financing structures, mitigate transaction risk, and enhance operational efficiency during ongoing treasury, offshore service provider, and trading platform transitions.

• Lead weekly and monthly cash forecasting, analyze trends, and collaborate with affiliates and cross‑functional teams to improve forecast accuracy, visibility, and accountability.
• Monitor and manage liquidity, cash flow, bank balances, short‑term investments, FX requirements, and provide recommendations to optimize funding and working capital.
• Manage and optimize bank accounts, banking platforms, payment formats, and treasury processes; recommend banking structure improvements that support business growth and control efficiency.
• Execute and oversee payments, disbursements, and daily treasury service delivery while maintaining appropriate controls, approvals, and operational discipline.
• Oversee affiliate loan management, including compliance tracking, administration, balances, interest, documentation, and related reporting obligations.

• Review, negotiate, issue, amend, and manage letters of credit, standby letters of credit, guarantees, parent company guarantees, documentary credit arrangements, and other trade finance instruments.
• Evaluate and help structure facilities and transaction‑specific solutions such as receivables financing, inventory financing, supply chain finance, borrowing base concepts, prepayment structures, risk participation, and bank‑supported working capital solutions.
• Partner with Commercial, Legal, Risk, Compliance, Operations, Tax, Accounting, parent companies, and external banks to ensure financing structures are commercially viable, operationally executable, compliant, and appropriately documented.
• Coordinate closely with the parent office in KSA on strategic financing considerations, approval requirements, guarantee‑related matters, and communication of material treasury or structured trade finance developments.
• Assess transaction economics, financing costs, tenor, collateral/security requirements, covenant implications, country and counter party considerations, sanctions/compliance requirements, and risk‑adjusted returns.
• Monitor utilization, collateral support, documentation milestones, reporting requirements, covenant compliance, guarantee exposure, and maturity profiles for trade finance and structured finance arrangements.
• Maintain strong relationships with banking partners and financing providers to expand funding alternatives, benchmark market terms, and support competitive, scalable trade finance capacity.
• Support the origination, structuring, negotiation, execution, and ongoing management of structured trade finance solutions for commodity transactions and strategic business opportunities.

• Utilize SAP S4
  
  HANA effectively, support implementation of new modules, troubleshoot issues, document procedures, and contribute to improvements across treasury workflows.
• Ensure timely month‑end close support and provide periodic reports to parent companies, affiliates, and senior management.
• Develop accurate treasury, liquidity, trade finance, and working capital reports, including key insights, trend analysis, performance indicators, facility utilization, exposure reporting, and forward‑looking commentary.
• Oversee accounting support related to derivatives and…