19 Cash Management jobs in Saudi Arabia

Job Title: Manager, Cash Management

• JOB PURPOSE

The Manager, Cash Management, oversees the organization's liquidity, cash flow, and treasury operations to ensure financial stability, regulatory compliance, and optimal use of working capital. The role drives automation, strengthens banking relationships, and supports strategic decision-making by delivering accurate, timely, and data-driven cash insights.

• KEY ACCOUNTABILITIES
• Cash Management Oversight
• Lead day-to-day cash management activities, including collections, disbursements, and intercompany cash transfers.
• Ensure compliance with internal policies, banking agreements, and applicable regulations.
• Implement digital solutions to minimize manual processing and improve operational efficiency.
• Cash Flow Monitoring & Forecasting
• Prepare and maintain rolling daily, weekly, and monthly cash flow forecasts to ensure liquidity adequacy.
• Analyze variances between actual and forecasted cash flows, recommending corrective actions.
• Support strategic initiatives for optimizing working capital and improving cash conversion cycles.
• Banking & Treasury Operations
• Manage relationships with banks and financial institutions to negotiate favorable terms and streamline operations.
• Oversee bank reconciliations, payment processing, and transaction matching using treasury management systems (TMS).
• Monitor bank fees and services to ensure cost efficiency and operational effectiveness.
• Internal Controls & Compliance
• Establish and enforce strong internal controls over all treasury and cash processes.
• Ensure compliance with IFRS, internal audit requirements, and external regulatory frameworks.
• Develop and maintain treasury policies and standard operating procedures.
• Risk & Issue Management
• Identify, assess, and mitigate liquidity, FX, and counterparty risks associated with treasury operations.
• Implement risk monitoring tools and escalate significant exposures with recommended mitigation plans.
• Collaboration & Cross-Functional Support
• Partner with FP&A, accounting, procurement, and operations teams to ensure accurate and timely cash data.
• Support cross-functional projects such as ERP upgrades, treasury digitization, and payment automation initiatives.
• Team Leadership & Development
• Lead, coach, and develop the cash management team, ensuring a high-performing and future-ready workforce.
• Foster a culture of continuous improvement, innovation, and operational excellence.
• Strategic & Digital Transformation
• Champion the adoption of advanced technologies such as AI-based cash forecasting, robotic process automation (RPA), and real-time banking integrations.
• Recommend enhancements to treasury KPIs, dashboards, and decision-support tools for senior leadership.

Job Title: Manager, Cash Management

• JOB PURPOSE

The Manager, Cash Management, oversees the organization's liquidity, cash flow, and treasury operations to ensure financial stability, regulatory compliance, and optimal use of working capital. The role drives automation, strengthens banking relationships, and supports strategic decision-making by delivering accurate, timely, and data-driven cash insights.

• KEY ACCOUNTABILITIES
• Cash Management Oversight
• Lead day-to-day cash management activities, including collections, disbursements, and intercompany cash transfers.
• Ensure compliance with internal policies, banking agreements, and applicable regulations.
• Implement digital solutions to minimize manual processing and improve operational efficiency.
• Cash Flow Monitoring & Forecasting
• Prepare and maintain rolling daily, weekly, and monthly cash flow forecasts to ensure liquidity adequacy.
• Analyze variances between actual and forecasted cash flows, recommending corrective actions.
• Support strategic initiatives for optimizing working capital and improving cash conversion cycles.
• Banking & Treasury Operations
• Manage relationships with banks and financial institutions to negotiate favorable terms and streamline operations.
• Oversee bank reconciliations, payment processing, and transaction matching using treasury management systems (TMS).
• Monitor bank fees and services to ensure cost efficiency and operational effectiveness.
• Internal Controls & Compliance
• Establish and enforce strong internal controls over all treasury and cash processes.
• Ensure compliance with IFRS, internal audit requirements, and external regulatory frameworks.
• Develop and maintain treasury policies and standard operating procedures.
• Risk & Issue Management
• Identify, assess, and mitigate liquidity, FX, and counterparty risks associated with treasury operations.
• Implement risk monitoring tools and escalate significant exposures with recommended mitigation plans.
• Collaboration & Cross-Functional Support
• Partner with FP&A, accounting, procurement, and operations teams to ensure accurate and timely cash data.
• Support cross-functional projects such as ERP upgrades, treasury digitization, and payment automation initiatives.
• Team Leadership & Development
• Lead, coach, and develop the cash management team, ensuring a high-performing and future-ready workforce.
• Foster a culture of continuous improvement, innovation, and operational excellence.
• Strategic & Digital Transformation
• Champion the adoption of advanced technologies such as AI-based cash forecasting, robotic process automation (RPA), and real-time banking integrations.
• Recommend enhancements to treasury KPIs, dashboards, and decision-support tools for senior leadership.

Job Purpose
The Specialist, Cash Management, is responsible for ensuring effective management of the organization's daily liquidity and bank account activities. The role supports cash flow forecasting, reconciliation, and reporting, while ensuring compliance with policies, regulatory requirements, and audit standards. The Specialist contributes to optimizing cash utilization and strengthening financial decision-making processes.

Key Accountabilities
Cash Operations

• Monitor and manage daily cash balances, inflows, and outflows across all bank accounts.
• Execute cash transfers, payments, and funding requests in coordination with Treasury and Finance teams.
• Reconcile daily cash positions with accounting records to ensure accuracy and compliance.

Forecasting & Reporting

• Support the preparation of short- and long-term cash flow forecasts.
• Provide regular reports and analysis on cash flow trends, liquidity, and variances to support decision-making.

Banking & Compliance

• Assist in managing relationships with banks and financial institutions.
• Ensure adherence to internal controls, audit requirements, and applicable regulatory guidelines.

Process Improvement

• Support the implementation of cash management tools, digital solutions, and process enhancements.
• Handle inquiries and resolve issues related to cash operations in a timely manner.

About Job:Manage cash management activities of the Treasury Section within Finance Department relating to directing financial activities, cashflow forecasting, managing all related banking activities and company's bank accounts. Also, prepare different reports and provide support to the management in the implementation of company policies and procedures.Duties & Responsibilities:

1. Prepare Daily Cash Position Report and periodical Cash Flow Forecast reports inherent to the assigned unit. Also, upon management request develop ad-hoc reports related to cash management performance.

2. Support the Treasurer in observing and implementing policies and procedures related to Treasury and taking on ad hoc duties as required.

3. Participate in preparation of the FAD & TR policy and procedures related to oversee the transactions of the Department.

4. Place all FX deals and ensure that all FX deals are confirmed with banks and ensure any excess funds are placed in the best available investment instruments in line with approved Cash Management Policy. Closely monitor the loan portfolio & the loan documents' requirements.

* Preparation of the Drawdown Requests under the Project Finance Facilities.

* Submit to Lenders the required Loan securities such as Promissory Notes (Submission, Renewal, Safe Keeping).

5.Lead the assigned unit to execute the day-to-day activities and transactions which are considered inherent to the unit.

1. Coordinate auditing events, be it financial, procedural or compliance review by Internal Audit. Also represent the unit/section in meetings, consultations within and outside the company.

2. Perform any other duties and responsibilities as designated by the Treasury Section Head.

3. Treasury is experiencing a significant volume of tasks and responsibilities. Technical expertise required.

Minimum Requirements:

1. Bachelor's Degree in Business Administration, Accountancy or Finance

2. CMA or similar certification is preferred

3. At least 6 years' experience in related work area

4. Ability to analyze complex financial data and draw logical conclusion

5.Computer literate with technical know-how on financial programs such as SAP

1. Gives much attention on details and numbers

Job Summary & Main Goal

• The Financial Services Consultant will be responsible for maximizing sales, profitability, and customer satisfaction within the branch's financial services activities.
• Achieve individual and team goals.
• Ensure smooth operation within the team.
• Contribute to the training and development of team members.
• Assist in complying with all financial, legal, and regulatory requirements
  .

Main Tasks & Responsibilities

The job description is not designed to cover or contain all activities, duties or responsibilities of the profession. However, duties, responsibilities and activities may change, or additional duties and responsibilities may be assigned at a later date, as needed

• Providing customer service.

• Performing other related duties as assigned.

• Being the main focal point within the branch for financial services.

• Updating and training all sales staff on the current rates, terms, and offerings from the selected partners.

• Offering advice and providing the best financial service solutions to customers.

• Guiding the process of obtaining approval from customers.

• Minimizing rejections by ensuring the most suitable finance company is selected for the customer.

• Maximizing sales by ensuring a fast and smooth process for quick approval and document issuance.

• Building trust, maintaining effective communication, and exceeding customer satisfaction expectations.

• Maximizing opportunities for sales executives to conduct business.

• Achieving maximum profit by meeting monthly targets and key performance indicators.

• Data quality and CRM compliance: Ensuring that the sales team delivers data quality and complies with CRM requirements.

Role and Responsibilities

• A strong understanding of financial regulations and compliance requirements is essential.

• Familiarity with relevant laws, regulations, and industry standards such as anti-money laundering (AML), know your customer (KYC), data protection, and consumer protection regulations is necessary.

• In-depth knowledge of various financial products and services offered by the organization is necessary.

• Should have a strong grasp of risk management principles and practices.

• Knowledge of identifying, assessing, and mitigating risks related to operational, credit, market, and compliance areas. They should be able to implement risk management frameworks and controls.

• Proficiency in understanding customer needs, handling complaints, and ensuring the delivery of high-quality service.

• Keeping up with technological advancements and understanding their impact on financial services.

• Effective interaction with team members, stakeholders, and clients.

• Should be able to convey complex information clearly, actively listen, and collaborate with cross-functional teams.

• Upholding high ethical standards and promoting integrity within the organization.

• Should have a mindset of continuous learning and adaptability to industry trends, regulations, and emerging technology.

Knowledge

• Excellent verbal and written communication skills.
• Excellent organizational skills and attention to detail.
• Strong analytical and problem-solving skills.
• Ability to prioritize tasks and to delegate them when appropriate.
• Ability to function well in a high-paced and at times stressful environment.
• Extensive knowledge of accounting concepts and principles.
• Ability to analyse and interpret financial data.
• Proficient with Microsoft Office Suite or similar software, and accounting and financial software.
• Thorough working knowledge of Automotive Leasing & Finance.
• Highly organized and professional.
• Reporting and financial analysis.
• Sales Management

Skills

• Ability to present proactive approach in identifying and seizing business development opportunities.
• Ability to analyse data to assess client needs, evaluate financial options, and provide suitable recommendations.
• Ability to address client concerns and find appropriate solutions.
• Ability to give attention to detail and accuracy in preparing reports and maintaining client records.
• Ability to be results-oriented mindset with a focus on banks relation and business growth.
• Qualifications sufficient to perform the job role.
• Understanding of financial management obligations (including statutory obligations), requirements and dynamics.
• Experience of specific computer software.
• Ability to assist in financial management and control.
• Ability to work under pressure.

Abilities

• Ability to present proactive approach in identifying and seizing business development opportunities.
• Ability to analyse data to assess client needs, evaluate financial options, and provide suitable recommendations.
• Ability to address client concerns and find appropriate solutions.
• Ability to give attention to detail and accuracy in preparing reports and maintaining client records.
• Ability to be results-oriented mindset with a focus on banks relation and business growth.
• Qualifications sufficient to perform the job role.
• Understanding of financial management obligations (including statutory obligations), requirements and dynamics.
• Experience of specific computer software.
• Ability to assist in financial management and control.

Ability to work under pressure.

Bachelor's degree

Educational requirements and professional certificates (minimum):

3 years of experience working in the fields of financial services and sales.

Experience & Skills

English and Arabic, fluency level preferred

Languages

You will join a client service team to help clients build capabilities in delivery and execution, both during an active project and continuing after our consultants have shared their recommendations. We will expect you to go the extra mile, delivering solutions that solve immediate problems and drive long-term change. We will rely on your judgment and integrity to ensure our recommendations are effective and long-lasting. As you collaborate directly with clients, you will help them solve problems, refine strategies, and implement transformations. By equipping them with the tools and knowledge to continue innovating and improving after we’ve left, you will ensure the impact of our work endures. In doing so, you will uphold McKinsey’s commitment to making a meaningful difference in the industries and communities we serve. You will receive training on how to better structure ambiguous problems and take action to solve them as well as synthesize clear takeaways from complex information into clear takeaways and recommendations using both qualitative and quantitative method. You will work effectively with diverse teams to come up with the best solution and move people and organizations to act. You will establish trust-based relationships with clients to better-serve their organizations, communicate effectively with all audiences including senior leaders and develop your leadership style, leveraging your own passions, strengths and personal values.

Your Growth

Driving lasting impact and building long-term capabilities with our clients is not easy work. You are the kind of person who thrives in a high performance/high reward culture - doing hard things, picking yourself up when you stumble, and having the resilience to try another way forward.

In return for your drive, determination, and curiosity, we'll provide the resources, mentorship, and opportunities you need to become a stronger leader faster than you ever thought possible. Your colleagues—at all levels—will invest deeply in your development, just as much as they invest in delivering exceptional results for clients. Every day, you'll receive apprenticeship, coaching, and exposure that will accelerate your growth in ways you won’t find anywhere else.

When you join us, you will have:
- Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.
- A voice that matters: From day one, we value your ideas and contributions. You’ll make a tangible impact by offering innovative ideas and practical solutions. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.
- Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm’s diversity fuels creativity and helps us come up with the best solutions for our clients. Plus, you’ll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.
- World-class benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package, which includes medical, dental, mental health, and vision coverage for you, your spouse/partner, and children.

Your qualifications and skills
- Undergraduate degree in commerce, finance, business studies, operations, economics or a related field, with an outstanding academic record
- 2+ years of project delivery in consulting; preferably on the delivery of large-scale projects in financial industries; international experience is a plus
- Demonstrated experience in Financial Services in at least one of the following areas: banking, insurance, wealth and asset management, public finance
- Demonstrated experience in one or more of the following key service offerings is a plus: organizational development (including org. design/set up, talent management, etc.), transformational delivery (implementing large transformational programs), and productivity and performance improvement
- Superior analytical problem solving and relationship building skills, including a demonstrated high level of client service commitment
- Ability to work collaboratively in a team environment and create an inclusive environment with people at all levels of an organisation
- Ability to communicate complex ideas effectively in English and Arabic
- Willingness to travel

Book your seat NOW in the Mustashar Accelerator program - Only 4 weeks left

Book your seat NOW in the MiniMBA program to get a 20% EarlyBird Discount

The Mustashar Accelerator is a four-day virtual program to introduce you to the art of management consulting.

Acquire top tier management consulting skills and join our placement program to acquire a full-time job opportunity with leading consulting firms in KSA.

You will join a client service team to help clients build capabilities in delivery and execution, both during an active project and after our consultants have shared their recommendations.

We expect you to go the extra mile, delivering solutions that solve immediate problems and drive long-term change. You will rely on your judgment and integrity to ensure our recommendations are effective and lasting.

Collaborating directly with clients, you will help them solve problems, refine strategies, and implement transformations. By equipping them with tools and knowledge to continue innovating after we’ve left, you will ensure our work's impact endures, upholding McKinsey’s commitment to meaningful industry and community contributions.

You will receive training on structuring ambiguous problems, synthesizing complex information into clear recommendations using qualitative and quantitative methods, working effectively with diverse teams, and building trust-based client relationships. You will also develop your leadership style, leveraging your passions, strengths, and values.

Driving lasting impact and building long-term capabilities is challenging. You thrive in a high-performance culture—doing hard things, resiliently trying again when needed.

In return, we'll provide resources, mentorship, and opportunities to help you grow into a stronger leader faster. Your colleagues will invest in your development through apprenticeship, coaching, and exposure, accelerating your growth.

• Continuous learning through structured programs and feedback, owning your development journey.
• A voice that matters: your ideas and contributions will have tangible impact, fostering diverse perspectives for optimal outcomes.
• A global community: colleagues across 65+ countries and over 100 nationalities, learning from diverse backgrounds.
• World-class benefits: competitive salary based on experience and skills, plus comprehensive medical, dental, mental health, and vision coverage for you and your family.

• Undergraduate degree in commerce, finance, business studies, operations, economics, or related field, with an outstanding academic record.
• 2+ years of project delivery experience in consulting, preferably on large-scale financial industry projects; international experience is a plus.
• Experience in Financial Services areas such as banking, insurance, wealth and asset management, or public finance.
• Experience in organizational development, transformational delivery, or productivity improvement is a plus.
• Strong analytical, problem-solving, and relationship-building skills, with high client service commitment.
• Ability to work collaboratively and create an inclusive environment at all organizational levels.
• Effective communication skills in English and Arabic.
• Willingness to travel.

Book your seat now in the Mustashar Accelerator program—only 4 weeks left.

Register for the MiniMBA program to get a 20% EarlyBird Discount.

The Mustashar Accelerator is a four-day virtual program introducing you to management consulting. Gain top-tier skills and join our placement program for full-time opportunities with leading consulting firms in KSA.

You will help financial institution clients’ top management and field members build capabilities in delivery and to execute initiatives, both during an active project and continuing after our consultants have shared their recommendations. You will be involved from strategy through execution as the manager of strategy execution and impact creation. You will have the opportunity to manage projects and progress with minimal supervision, including tracking metrics, handling complex analyses, and preparing communications to report back to client and internal leadership. You will develop trust-based relationships with clients and delivering results as a specialist of strategy execution and impact creation. You will receive training on how to better structure ambiguous problems and take action to solve them, synthesize clear takeaways from complex information into clear takeaways and recommendations using both qualitative and quantitative method and work effectively with diverse teams to come up with the best solution and move people and organizations to act. You will establish trust-based relationships with clients to better-serve their organizations, communicate effectively with all audiences including senior leaders and develop your leadership style, leveraging your own passions, strengths and personal values. McKinsey believes in strengths-based development and coaching, and you will receive frequent mentoring from colleagues. This will include a senior colleague from your office or practice who will help you grow and achieve your career goals.

Your Growth
- Driving lasting impact and building long-term capabilities with our clients is not easy work. You are the kind of person who thrives in a high performance/high reward culture - doing hard things, picking yourself up when you stumble, and having the resilience to try another way forward.
- In return for your drive, determination, and curiosity, we'll provide the resources, mentorship, and opportunities you need to become a stronger leader faster than you ever thought possible. Your colleagues—at all levels—will invest deeply in your development, just as much as they invest in delivering exceptional results for clients. Every day, you'll receive apprenticeship, coaching, and exposure that will accelerate your growth in ways you won’t find anywhere else.

When you join us, you will have:
- Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.
- A voice that matters: From day one, we value your ideas and contributions. You’ll make a tangible impact by offering innovative ideas and practical solutions. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.
- Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm’s diversity fuels creativity and helps us come up with the best solutions for our clients. Plus, you’ll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.
- World-class benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package, which includes medical, dental, mental health, and vision coverage for you, your spouse/partner, and children.

Your qualifications and skills
- Undergraduate or master’s degree in commerce, finance, business studies, operations, economics or a related field, with an outstanding academic record
- 6+ years of project delivery in consulting for financial industries; international experience is a plus
- Demonstrated experience in financial services in at least one of the following areas: banking, insurance, wealth and asset management, public finance
- Strong understanding of both business and technical aspects of technology/digital transformations within financial services, enabling the creation of value-driven technology strategies
- Demonstrated experience in one or more of the following key service offerings is a plus: organizational development (including org. design/set up, talent management, etc.), transformational delivery (implementing large transformational programs), and productivity and performance improvement
- Superior analytical problem solving and relationship building skills, including a demonstrated high level of client service commitment
- Ability to work collaboratively in a team environment and create an inclusive environment with people at all levels of an organisation
- Ability to communicate complex ideas effectively in English and Arabic
- Willingness to travel

Book your seat NOW in the Mustashar Accelerator program - Only 4 weeks left

Book your seat NOW in the MiniMBA program to get a 20% EarlyBird Discount

The Mustashar Accelerator is a four-day virtual program to introduce you to the art of management consulting.

Acquire top tier management consulting skills and join our placement program to acquire a full-time job opportunity with leading consulting firms in KSA.

We are seeking a highly skilled and experienced Financial Services professional to join our client's team in Riyadh. This is a 6-month extendable contract role, ideal for a seasoned consultant looking to apply their expertise in a dynamic and growing market. The successful candidate will play a key role in advising on strategic financial initiatives and driving impactful change within the financial sector.

Key Responsibilities:

• Provide expert financial advice and strategic recommendations to clients.
• Lead and manage financial projects from inception to completion.
• Conduct in-depth market analysis and financial modeling.
• Develop and present comprehensive reports and proposals.
• Collaborate with senior stakeholders to achieve project goals.

Required Qualifications:

• A minimum of 6-8 years of experience in the financial services industry.
• Strong preference for candidates with prior experience at a top-tier management consulting firm, such as McKinsey & Company.
• Proven track record of success in financial consulting, strategy, or advisory roles.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work effectively in a fast-paced, high-pressure environment.
• Experience in the Middle East market is a plus.

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SENIOR PATIENT FINANCIAL SERVICES SPECIALIST.

CFO

Business Unit Lead

The Senior Patient Financial Services Specialist reviews and approves daily reconciliation reports, oversees complex eligibility and coverage issues, guides on special cases reduced payment and medical discounts, provides direct and indirect assistance to patients regarding financial responsibilities, and insurance coverage. This includes explaining charges, payment expectations and patient share copayment, and front line cash and Tax invoicing , cash collection and processing refunds, guides patient through available payment options and installment plans to ensure patient satisfaction and efficient financial services.

20

• Ensure patient financial services and eligibility processes comply with relevant regulations and standards
• Implement and review policies and procedures to maintain compliance and collaborating with legal and regulatory teams to address any potential issues
• Mentorship on providing support to patients regarding their financial responsibilities and insurance coverage
• Collaborate and foster open and candid communication with various departments such as preauthorization billing collections and insurance to ensure a seamless and compliant financial services experience Perform regular monitoring the internal and external referrals for efficiency

80

• Oversee and manage cases involving reduced payments and medical discounts ensuring patients receive the necessary financial assistance
• Resolve and manage or escalate complex financial issues and coverage discrepancies
• Review and approve daily reconciliation reports and maintain detailed reconciliation records to ensure accuracy and completeness of financial transactions
• Develop and implement procedures for handling financial adjustments and evaluate the effectiveness of financial assistance programs
• Collaborate with other departments as required and prepare management reports to support informed decisionmaking

None

Minimum 13 years' experience in Healthcare Financial Services

English:Fully Proficient ; Arabic:Fully Proficient

• Audit Reporting
• Data Collection

• Integrity
• Accountability
• Cybersecurity
• Person-Centered Care

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

No