Senior Financial Analyst (Cash & Investment)

Overview:

Cash Management and Investment Division is responsible of administering the short-term liquidity outlook of the company and manages the daily investments of the company’s excess cash.

The candidate will work on enhancing the existing cash forecasting process and optimizing investment performance across different money market instruments. This will require extensive interaction with internal and external parties as well as development of regular market analysis that address both global and local macro-economic outlook.

Responsibilities:

• Evaluate and drive continuous improvement of processes to preserve capital, assure liquidity and optimize return.

• Forecast monthly cash receipts and disbursements and identify daily excess cash for investment.

• Execute daily investment proposal and identify the optimal investment tenor based on the company’s liquidity outlook and market environment.

• Optimize investment performance across different money market and fixed income investment instruments.

• Manage, monitor and report divisional performance against the Cash Forecasting Accuracy and Short-Term Investment Return key performance indicators.

• Develop on regular basis market analysis report on both global and local macro-economic outlook.

• Enhance Cash forecasting process and accuracy level by working with internal and external counterpart.

• Assist in the setup, configuration and implementation of money market investment instrument in the the company system.

• Review and propose changes, if required, to the company Short-Term Investments Guidelines.

• Present to Treasury Management the liquidity outlook of the company and investments proposals.

Benefits:

• Compelling remuneration package.

• Permanent Employment on an Indefinite Term Employment Agreement.

• The company's Incentive Plan: This is a broad-based annual and performance based incentive plan based on company and individual performance, base salary, and length of service during the plan year. The objective of this plan is to drive organizational performance, as well as, recognize and reward your contributions beyond the normal annual merit increases.

• Annual repatriation travel allowance: An annual cash payment that more than covers airfare costs to your home country. You have full flexibility to use this payment in any way you choose.

• Annual vacation: You can look forward to up to 38 calendar days of paid leave each year. In addition, you’ll typically be granted between 9 and 11 days of public holidays each year.

• Severance award: In accordance with the Saudi labor law, a severance award is payable by the company to employees who leave after two years or more of satisfactory service. The severance award is based on length of continuous service and final base pay. The severance award can be a substantial benefit for longer service employees.

• Education Assistance Plan: If you are hired on family status, you may be eligible to benefit from the company’s excellent education assistance plan for dependent children. This may include the option for them to attend the company's high quality private schools or to attend international schools in the local community.

• Quality housing in company communities or a rental assistance allowance: We have four communities in the Eastern Province where we provide quality accommodation in pleasant surroundings. Alternatively, employees may obtain housing in the local communities outside of the company's communities, for which we provide a rental assistance allowance.

• Free medical care: We provide medical care via our subsidiary medical network or contracted hospitals and clinics. These facilities are among the finest in the Middle East.

• Free access to recreational facilities: You will have access to our extensive range of recreational facilities that include: private beaches, tennis courts, exercise gyms, swimming pools, golf courses, tennis and squash courts, and much more.

• Free scheduled transportation: Air-conditioned buses are provided free of charge for transportation within camp areas, to work locations, local shopping areas outside camp, the beach and our other communities.

• Voluntary Group Life and Accident Insurance: you may enroll in a voluntary program providing term life insurance and accidental death and dismemberment (AD&D) coverage equal to 12, 18, 24 or 30 times your monthly base salary. Favorable group rates keep the premium low.

• Short-term : In the event you are unable to work due to illness or injury, short-term income benefits are provided. The benefit is 30 days full pay and 60 days at three-quarters pay, in any one year period.

• Death Benefit: The company pays an ex-gratia death benefit equal to 24 months base pay if death is from an industrial accident and 12 months base pay if death is non-industrial related.

• Career development: We recognize and value professional growth and achievement, so you’ll have many opportunities to develop your career and expertise.

BH3893

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