JobsSenior Treasurer
Senior Treasurer
ConfidentialKuwait City Metropolitan Area25 October 2026
This listing is aggregated from an external source. JeebJob is not the employer; applications are made on the source site.
Listing details, as published by the source
Job purpose. Secure the group's liquidity and funding at the lowest sustainable cost, manage banking relationships and facilities across the GCC (and Egypt), and control cash, FX and counterparty risk.
Key responsibilities
Cash and liquidity management
Manage daily cash positions across all entities and banks; fund accounts and sweep surplus cash.
Prepare and update a rolling six-month cash flow forecast monthly, within the first three working days of each month.
Prioritise and schedule supplier, subcontractor and payroll payments in line with liquidity.
Invest surplus cash in approved deposits, including Islamic placements, within policy limits.
Design and run intercompany funding and, where feasible, cash pooling.
Banking relationships and facilities
Manage relationships with local and international banks in the GCC and Egypt.
Negotiate and renew working capital, overdraft, term loan and banking facilities.
Manage trade finance: letters of credit, and bid, performance, advance payment and retention guarantees.
Track guarantee exposure and expiries by project; release guarantees on completion milestones.
Maintain complete and up-to-date bank account and guarantee registers for all group entities, including account details, facility limits, guarantee values, issue and expiry dates, beneficiaries, and status.
Monitor covenant compliance and prepare bank compliance certificates and reporting.
Maintain bank mandates, signatory matrices, KYC renewals and account openings and closures.
Risk management and controls
Identify and manage FX exposure.
Own the treasury policy, payment approval workflow and segregation of duties; prevent payment fraud.
Review accounts receivable and accounts payable transactions and coordinate with the respective teams to ensure accurate cash flow planning and timely settlement.
Ensure treasury transactions are accurately recorded, reconciled, and reported in accordance with applicable accounting policies.
Reporting and strategy
Report liquidity, debt, guarantees, covenant headroom and finance cost to the FM and CFO.
Provide funding and guarantee input to tenders and new projects.
Lead treasury digitisation and payment automation.
Qualifications and experience
Bachelor's degree in Finance and Accounting.
6–8 years' experience, at least 4 in corporate treasury or bank relationship roles in the GCC.
Proven record negotiating facilities and managing guarantee portfolios, ideally in AEC, contracting, or project businesses.
Strong knowledge of GCC banking practice.
Professional qualification preferred: CTP, CFA, CA, ACCA, CPA, or CMA (qualified or part-qualified).
Skills and competencies
Advanced cash flow modelling in Excel; experience with ERP treasury modules.
Strong negotiator with existing senior relationships at major GCC banks.
Sound judgement on liquidity and risk under pressure.
Clear, concise reporting to management.
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