Role summary
Lead and manage all treasury functions at Dammam Airport, ensuring efficient cash, capital, and cash collection management, while adhering to regulatory requirements and maintaining high standards of financial integrity.
Responsibilities
- Develop and implement treasury strategies aligned with Dammam Airport vision, mission, and strategic goals
- Ensure organizational financial stability
- Manage coordination of cash, capital, and cash collection initiatives for organizational and regulatory alignment
- Establish and monitor key performance indicators to measure treasury operations effectiveness
- Lead preparation of payment documents including payroll for three airports
- Review bank statements and Ministry of Finance requirements managing accounts
- Lead upload of payment transfer instructions to bank for processing
- Transfer all received revenues to GACA ensuring appropriate liquidity levels
- Supervise issuance, review, and management of bank guarantees for three airports
- Ensure accurate recording and management of various deposit types
- Coordinate with insurance providers for optimal coverage terms
- Build and maintain relationships with internal and external stakeholders
- Communicate effectively across departments on treasury practices implementation
- Coordinate with Commercial departments to identify collection improvement opportunities
- Provide guidance and mentorship to treasury team fostering excellence
- Develop training programs to enhance treasury team skills
- Set clear performance expectations and provide regular feedback
- Assist in developing and managing treasury department budget
- Monitor financial performance and identify cost-saving opportunities
- Prepare budget reports for senior management review
- Manage organization's financial resources for efficient allocation
- Continuously improve and automate financial processes for scalability
- Evaluate and implement long-term financial plans and investment strategies
- Ensure compliance with regulatory requirements and industry standards
- Develop and implement risk mitigation strategies for treasury activities
- Monitor trends and external factors impacting airport risk profile
- Maintain vigilance over treasury matters reviewing compliance issues
- Drive innovation in treasury practices through technology adoption
- Continuously assess and improve processes for efficiency
- Encourage continuous improvement culture seeking feedback for enhancement
Qualifications
- Bachelor's degree in Finance, Accounting, Business Administration, or related field
- Minimum 12 years total experience in treasury management with significant management or leadership role
Requirements
- Certified Treasury Professional certification
- Master's in finance or accounting or MBA preferred
- International certificate in cash management preferred
- Arabic and English language proficiency
Education
Bachelor's degree in Finance, Accounting, Business Administration, or related field
Experience
Minimum 12 years of total experience in treasury management, with significant portion in management or leadership role
Skills
- Accountability and proactivity
- Attendance and punctuality
- Collaboration and teamwork
- Communication skills
- Creativity and innovation
- Customer oriented
- Decision making
- Delivering results
- Developing people
- Driving and leading change
- Focusing on customers
- Forming and sustaining partnerships
- General appearance
- Interpersonal skills
- Knowledge and understanding
- Leadership and supervision
- Leading with impact
- Managing and dealing with others
- Passionate to work
- Self confidence
- Strategic and logical thinking
Education · Experience · Type
Bachelor'sRequires 12+ yearsSalary not stated