Ahmad ALobaid

Detail-oriented Treasury professional with strong experience in cash management, bank guarantees, and banking operations across the Middle East. Skilled in managing bank accounts, liquidity, FX transactions, and intercompany funding while maintaining robust controls and audit readiness. Proven ability to optimize cash flow, enhance working capital efficiency, and deliver accurate financial reporting. Currently pursuing the Certified Treasury Professional (CTP) designation. Known for reliability, precision, and the ability to perform effectively in fast-paced, multinational environments.

• 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