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Treasury Manager – Cash and Trade Operations

Job Purpose

Manages day-to-day operations of the cash and trade documentation Section, reviews and checks all trade documents, submit documents to the banks for collection, and reconciliation of customer accounts. Review of trade receivables, penalties and bad debts proposal. Manages and reports cash balances on a daily, weekly and monthly basis.


  1. Open Import LCs with banks when facility is available/check Perform invoice and orders conditions prior to opening/verify charges applied by banks/Secure payment when material-docts are received.
  2. Check terms of payment/secure conditions for payment/ release of export LC Summaries/ release related shipments/ Docts negotiated/follow with bank at diff. stages till payment/follow with customers and CS.
  3. Maintain updated register for Export LCs/reconcile outstanding Exports with banks/verify bank charges related to export with banks
  4. Discount documentary drafts with banks, at the best rate available: verify bank charges applied by banks/verify proper booking in SAP.
  5. Verify/concurrence of Terms of payment presented in different contracts/Orders and assure that payment is secured.
  6. Prepare daily collection report/daily follow-up with CS/ verify actions taken towards customers for release of payments/follow with banks for credit of a/c  items paid/verify the due date of each item
  7. Prepare Cash Flow report (daily-weekly-monthly-quarterly with coordination with Customer Services).
  8. Ensure IBCs /maintain updated register/check proper booking in SAP/verify bank charges/secure proper correspondences with banks/follow settlement of outstanding due bills/
  9. Follow closely Copper docts and related Credit Notes
  10. Handle OBCs , same treatment as export LCs.    .

Job Details

Posted Date: 2021-10-22
Job Location: Jeddah , Saudi Arabia
Job Role: Accounting and Auditing
Company Industry: Industrial Production

Preferred Candidate

Career Level: Management
Nationality: Saudi Arabia
Degree: Bachelor's degree