AHMAD ALOBAID

• Undertake day-to-day treasury operations, including bank account management, mandates, online banking, and annual KYC review.

• Track and manage intercompany funding and Middle East (ME) bank guarantees (retrieval & reporting).

• Regularly monitor and report on covenants and undertakings.

• Liaise with accounting and internal audit departments to ensure accuracy of Treasury transactions and maintain a clear audit trail.

• Support the Finance team in fulfilling external audit requirements related to Treasury.

• Assist the ME Treasurer in special projects as needed.

• Manage the cash position and recommend short-term investments.

• Optimize working capital and improve cash flow forecasting, ensuring accuracy and timeliness.

• Manage bank guarantees across all ME countries , including issuance and retrieval.

• Serve as an administrator for Middle East banking and payment systems, ensuring proper controls.

• Execute foreign exchange (FX) transactions and manage daily cash flow across regional operations.

• Oversee bank account management, ensuring signatories are updated according to the Delegation Authority Matrix, and monitor bank costs.

• Provide support for Treasury operations in KSA, including bank accounts, mandates, online banking, and KYC reviews.

• Perform other duties as assigned by management.

• Issuance of bank guarantees for the company as per the project contract requirements
• Managing the bank guarantees issued to clients according to the current needs of the contract
• Receiving draft bank guarantees from the subcontractors for assistance regarding the wording of the guarantee according to SAMA's standards
• Receiving bank guarantees and maintaining them in the project's books, and extending their validity as needed
• Providing support to the management and other departments when dealing with any bank related works
• Communicating with the bank's relationship managers regarding any of our bank's needs as a company
• Loans management, documentation and refinancing when needed

• Requesting insurance companies with a quotation for the requested policy according to the contract needs
• Comparing the offers
• Summarizing the quotations and providing a summary to management along with a recommended policy
• Submission of claims when incidents happen
• Extending our policies and incurring timely payment for the insurance companies