Senior Administrator - Treasury

About the role

About Rasan

Our journey began in 2016 when we realized the burning needs of KSA's insurance sector. To fulfil the unmet needs in the market, we had to disrupt legacy approaches with technology needed for a digital age. Today, we are market leaders, committed to improving digital experiences for thousands of people and businesses every single day.

Job Summary

The Senior Administrator - Treasury is responsible for supporting the company's day-to-day treasury operations, ensuring effective cash and liquidity management, accurate cash positioning, and timely execution of banking and payment activities. The role contributes to maintaining sufficient liquidity, optimizing cash utilization, strengthening banking relationships, and ensuring treasury activities are performed accurately, efficiently, and in line with internal controls and applicable KSA requirements.

Job Objectives

Maintain accurate daily cash positions and forecasts, providing timely visibility of available and expected liquidity.
Ensure 100% timely execution and settlement of approved treasury transactions, payments, transfers, and funding requirements.
Support short- and medium-term cash flow forecasting, identifying potential liquidity gaps and surpluses in advance.
Ensure 100% reconciliation of bank accounts and treasury-related transactions within agreed timelines.
Monitor bank balances and cash utilization to ensure funds are positioned appropriately across accounts and business needs.
Support the optimization of banking costs, transaction fees, and idle cash, while maintaining appropriate liquidity buffers.
Maintain accurate treasury records and ensure full compliance with internal controls, policies, and applicable regulatory requirements.
Provide timely treasury reports and analysis to Finance management to support business and liquidity decisions.

Job

Responsibilities

Cash & Liquidity Management