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 Treasury Director is responsible for leading the organization’s treasury function and ensuring effective management of liquidity, cash flow, funding, investments, banking relationships, and financial risks. This role provides strategic financial leadership to safeguard the organization’s financial stability, optimize the cost and availability of capital, strengthen treasury governance, and support sustainable business growth.

Job Objectives

• Maintain optimal liquidity across the organization by ensuring accurate cash flow forecasting, effective cash management, and appropriate liquidity buffers.

• Develop and execute funding strategies that secure sufficient and cost-effective financing to support business operations, expansion, and investment requirements.

• Optimize working capital, surplus cash, financing costs, and investment returns while maintaining appropriate levels of financial risk.

• Strengthen treasury governance, controls, policies, systems, and reporting to ensure accuracy, transparency, compliance, and effective financial oversight.

• Proactively identify and manage interest rate, foreign exchange, liquidity, and other financial risks to protect the organization’s financial position.

• Build and maintain strong relationships with banks, lenders, financial institutions, auditors, regulators, and other key stakeholders.

• Provide executive leadership with timely financial insights and recommendations to support funding, investment, liquidity, and capital structure decisions.

• Develop a high-performing treasury team that promotes accountability, continuous improvement, and strong financial discipline.

Job Responsibilities

Treasury Strategy, Liquidity & Cash Management

• Develop and implement treasury strategies aligned with the organization’s overall business and financial objectives.

• Oversee daily cash management and liquidity across multiple entities and business operations.

• Establish and maintain effective short-, medium-, and long-term cash flow forecasting processes.

• Monitor liquidity positions and ensure adequate funding and liquidity buffers are maintained.

• Identify and implement opportunities to optimize working capital and improve cash conversion.

• Lead initiatives to enhance treasury systems, processes, automation, reporting, and data accuracy.

• Monitor surplus cash and ensure funds are deployed effectively while maintaining appropriate liquidity and risk parameters.

Funding, Financing & Capital Management

• Develop and execute short- and long-term funding strategies to support business growth, investments, and operational requirements.

• Manage the organization’s credit facilities, term loans, working capital facilities, and other financing arrangements.

• Lead negotiations with banks and financial institutions on financing terms, pricing, covenants, limits, fees, and other commercial conditions.

• Evaluate funding alternatives and recommend the most appropriate financing structures based on cost, risk, liquidity, and strategic requirements.

• Monitor debt maturity profiles, financing costs, covenant compliance, and overall capital structure.

• Provide strategic recommendations to executive leadership on capital structure, funding requirements, and financing opportunities.

Banking Relationships, Investments & Financial Risk

• Establish and maintain strong strategic relationships with banks, lenders, financial institutions, and other external stakeholders.

• Act as the primary treasury liaison with lenders, auditors, regulators, and relevant external parties.

• Develop and oversee investment strategies for surplus cash in accordance with approved risk parameters and investment policies.

• Identify, assess, monitor, and mitigate foreign exchange, interest rate, liquidity, and other financial risks.

• Develop appropriate hedging and risk mitigation strategies where required.

• Monitor market conditions, interest rates, foreign exchange movements, and capital market developments to identify risks and opportunities.

• Ensure treasury activities are conducted within approved risk appetite, policies, and governance requirements.

Treasury Governance, Compliance & Leadership

• Establish and maintain robust treasury policies, procedures, controls, and governance frameworks.

• Ensure compliance with internal policies, regulatory requirements, financing agreements, and applicable financial standards.

• Strengthen internal controls to safeguard company cash, investments, financing arrangements, and other financial assets.

• Provide accurate and timely treasury reporting, analysis, and recommendations to executive management.

• Lead, develop, and mentor the treasury team, establishing clear objectives, accountability, and performance standards.

• Promote continuous improvement, automation, efficiency, and best practices across treasury operations.

• Collaborate closely with Finance, Accounting, FP&A, Tax, Legal, and business units to align treasury activities with broader corporate objectives.

Job Requirements

Educational Qualification

• Bachelor’s or master’s degree in finance, Accounting, Economics, Business Administration, or a related field.

Licenses & Certifications

• Professional certification such as CTP, CFA, CPA, or equivalent is preferred

Previous Work Experience

• 8+ years of experience in treasury management, corporate finance, banking, or a related field.

• Proven experience managing treasury activities within complex, multi-entity, or diversified business environments.

• Strong knowledge of cash management, liquidity planning, corporate finance, capital markets, financing instruments, and financial risk management.

• Strong experience with treasury management systems, financial modeling, ERP platforms, and financial reporting tools.

Skills and Abilities

• Cash Flow & Liquidity Management

• Corporate Finance & Capital Structure

• Funding & Financing Strategy

• Financial Risk Management

• Investment & Surplus Cash Management

• Banking & Stakeholder Relationship Management

• Financial Analysis & Decision Support

• Treasury Systems & Process Optimization

• Leadership & Team Development

• Negotiation & Commercial Acumen