Treasury & Insurance Specialist – Almana Group

JOB PURPOSE

To support the management of Almana Group’s treasury and insurance activities by monitoring the Group’s cash position, preparing cash-flow forecasts, coordinating liquidity information across Group entities, and administering insurance policies and claims to ensure accurate financial reporting, timely identification of liquidity requirements, and adequate insurance coverage.

KEY RESULTS AREAS / DELIVERABLES AND KEY ACTIVITIES

CASH POSITION & LIQUIDITY MONITORING

Monitor and consolidate the Group’s cash position to provide accurate and timely visibility of available liquidity across Group entities.

• Prepare the daily cash-position report for all Group companies.

• Collect, consolidate, and validate bank balances and cash-flow information received from business units.

• Monitor available, restricted, and committed cash balances.

• Follow up on expected collections, supplier payments, payroll, and other significant cash movements.

• Identify expected cash shortfalls or surpluses and escalate them to the Group Treasury Manager in a timely manner.

CASH-FLOW FORECASTING & VARIANCE ANALYSIS

Prepare and maintain accurate cash-flow forecasts to support effective liquidity planning and management decision-making.

• Prepare and regularly update the Group’s 13-week cash-flow forecast.

• Coordinate with relevant Group finance teams to obtain complete and timely forecast information.

• Compare actual cash flows against forecast and investigate significant variances.

• Provide explanations for material differences between forecast and actual cash movements.

• Support improvements in the accuracy and reliability of cash-flow forecasting across Group entities.

TREASURY REPORTING, COORDINATION & CONTROLS

Maintain accurate treasury reporting and supporting records while coordinating with Group stakeholders to improve the quality and reliability of treasury information.

• Prepare weekly and monthly cash and treasury reports as required by management.

• Coordinate with Finance, Accounts Receivable, Accounts Payable, Operations, and other relevant stakeholders on cash-flow information and reporting requirements.

• Maintain complete and accurate supporting documentation for treasury reports and cash-flow forecasts.

• Support treasury-related audit requirements and provide required records and information.

• Perform other treasury-related activities within the assigned scope as directed by the Group Treasury Manager.

INSURANCE POLICY ADMINISTRATION & COVERAGE COORDINATION

Coordinate the Group’s insurance arrangements to support adequate, timely, and properly documented insurance coverage across Group entities.

• Maintain accurate and updated insurance policy schedules and related records.

• Coordinate insurance quotations, renewals, endorsements, certificates, risk surveys, and premium payments.

• Liaise with Group companies, insurance brokers, and insurers regarding policy requirements and coverage matters.

• Monitor policy renewal dates, outstanding documentation, and required actions to support continuity of coverage.

• Identify and escalate potential coverage gaps or significant insurance-related issues to the Group Treasury Manager.

INSURANCE CLAIMS MANAGEMENT

Coordinate insurance claims from notification through settlement to ensure timely follow-up, accurate documentation, and proper resolution of outstanding claims.

• Coordinate claim notifications and required supporting documentation with Group companies, brokers, and insurers.

• Maintain complete and accurate records of insurance claims and related correspondence.

• Monitor the status of outstanding claims and follow up on required actions through settlement.

• Coordinate with relevant internal stakeholders to obtain information and documentation required for claims processing.

• Escalate material claim issues, delays, or coverage concerns to the Group Treasury Manager.

Job Details

Preferred Candidate

Suite de l’annonce…