Treasury & Bank Relations Director

Treasury & Bank Relations Director

We are seeking a Treasury & Bank Relations Director to lead and oversee all treasury operations, banking relationships, debt management, cash management, and financial risk management activities.

This executive role is critical in optimizing liquidity, safeguarding assets, minimizing financial risks, and supporting the company’s growth strategy, while maintaining strong relationships with local and international financial institutions.

The role reports directly to the Chief Finance Officer and works closely with executive leadership.

Strategic & Leadership Responsibilities

• Contribute to the development of treasury operational plans and annual budgets aligned with divisional priorities.
• Manage and control the department’s annual budget and monitor variances to optimize costs.
• Track performance against divisional KPIs and drive continuous improvement.
• Build, develop, and mentor a high-performing treasury team and ensure strong succession planning.
• Drive employee engagement, capability development, and performance management within the department.

Debt & Banking Relations Management

• Develop and implement comprehensive debt management strategies to minimize long-term financial impact.
• Analyze and optimize the company’s debt structure, including existing and future loans.
• Lead loan negotiations and financing discussions, ensuring optimal commercial terms.
• Identify opportunities for debt restructuring, refinancing, or new financial instruments.
• Manage all company loans, interest payments, and repayment schedules.
• Establish and maintain strong relationships with domestic and international banks.
• Oversee bank account administration, reconciliations, and resolution of discrepancies.
• Lead the negotiation and establishment of banking facilities (LCs, LGs, overdrafts, etc.).
• Ensure timely issuance and management of all credit facilities.
• Oversee banking operations and digital banking services.

Cash Management

• Oversee all cash management activities across the company.
• Lead cash-flow forecasting and liquidity reporting.
• Manage short-term working capital to ensure operational continuity.
• Oversee online and cheque payment processing in coordination with Accounting.
• Direct investment of surplus funds (term deposits / Murabaha) to optimize returns.

Insurance & Financial Risk Management

• Lead insurance management activities to ensure comprehensive coverage of company assets.
• Manage insurance policy procurement, renewals, payments, and claims.
• Develop and implement a robust financial risk management framework.
• Identify, analyze, and prioritize financial risks (liquidity, currency, credit, market).
• Recommend and implement risk mitigation strategies such as hedging instruments.
• Provide financial risk assessments for business opportunities and strategic decisions.

• Bachelor’s degree in Finance or related field (required).
• Master’s degree in Finance or related discipline (preferred).
• Minimum 12 years of relevant experience, with at least 8 years in a similar senior treasury role.
• Prior experience in Treasury roles within the Real Estate industry in the GCC is highly preferred.
• Strong proficiency in English;
  Arabic is preferred.

Director

Full-time

Finance