IMI1738 - Cash Management Division Head

Job Family: Information Security
Location: Ras Al Khair, Saudi Arabia
Business Line: Treasury
Department: Treasury Services
Closing Date: 10-Oct-2023
Growing financial performance through analysis of financial results, forecasts, variances, and trends. As well as being able to develop financial models to support valuation, planning, and forecasting in order to create recommendations to be presented to management and executives. It is also important to conduct comparable analysis and market research to support internal financial analysis. Reconciling existing transactions through cross-referencing of incoming and outgoing data is a key function a senior financial analyst should be able to practice. Also, maintaining up-to-date technical knowledge of financial instruments, market conditions, and trends.
Key Accountabilities
  • Perform financial forecasting, reporting, and operational metrics tracking
  • Analyze financial data and create financial models for decision support
  • Report on financial performance and prepare for regular leadership reviews
  • Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements
  • Work closely with the accounting team to ensure accurate financial reporting
  • Evaluate financial performance by comparing and analyzing actual results with plans and forecasts
  • Guide the cost analysis process by establishing and enforcing policies and procedures
  • Provide analysis of trends and forecasts and recommend actions for optimization
  • Recommend actions by analyzing and interpreting data and making comparative analyses; study proposed changes in methods and materials
  • Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards
  • Increase productivity by developing automated reporting/forecasting tools
  • Perform market research, data mining, business intelligence, and valuation comps
  • Maintain a strong financial analysis foundation creating forecasts and models
  • Proficiency with Microsoft Excel is mentioned in virtually any financial analyst job description; familiarity with data query/data management tools is extremely helpful (Access, SQL, Business Objects)

Business Expertise

  • Knowledge of Banking Principles and Practices
  • Transactional data processing knowledge via business end to end process


  • Finance Development
    1. Developing personal banking knowledge and skill set with a continuous improvement ethos
  • Banking Knowledge Transfer & Acumen
  • Contribute to workshops for key elements in the banking management process 
  • Banking reports
  1. Contribute to new or revise current Treasury policy and procedures as required by the business while operating within the company’s policy 

Problem Solving

  • Audit Schedules, Issues and Queries completed and resolved
  • Banking policy reconciliation as per required
  • Data Analysis and Presentation as required

Nature of Impact 

  • Ensuring best banking services for the company
  • Ensures business queries are resolved and responded to in a timely manner

Area of Impact 

  • Business Wide, All Stakeholders
    • The impact is across JV Partners, JV Board, JV C suite, Business functions, Government Authorities, Government Auditors, JV Partner Auditors, JV Clients and JV Supply chain

Interpersonal Skills

  • Strong Communication Skills
  • Self-Starter and Self-Motivated
  • Team Player Whilst Being able to Deliver Individually
  • Cultural Awareness


  • Bachelor's in business, preferred or Master’s degree in Banking, Insurance, Finance, Accounting, Economics, Business Administration or related fields

Professional Qualifications

  • Professional Qualification in Banking, Insurance or Risk, Treasury. ACII, FCII, FRM, CTP, CFA


Additional / Other Requirements:

  • Delegate for Finance Supervisor as required


  •  12-14 years’ work experience in treasury/cash management or banking field preferred
  •  Finance reconciliation experience
  • Processing transactional data


  • Fluent in English
  • Fluent in Arabic

Working Relations

  • Finance Department 
  • Business Functions & employees

External Interactions

  • Minimal exposure –Audit and government Authorities

About Application Process
If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):
1. Resume/CV
2. Relevant Certifications