Overview

Senior Manager – Treasury Finance & Control Jobs in Riyadh, Riyadh, Saudi Arabia at Huxley

Title: Senior Manager – Treasury Finance & Control

Company: Huxley

Location: Riyadh, Riyadh, Saudi Arabia

Role Overview

We are seeking an experienced Senior Manager – Treasury Finance & Control to lead finance oversight, control, and reporting activities across Treasury within a wholesale banking environment. The role will be responsible for ensuring accurate financial results, strong control frameworks, regulatory compliance, and effective finance partnership with Treasury stakeholders.

This position plays a key role in independently validating Treasury performance, strengthening accounting and valuation controls, and supporting senior management with high‑quality financial insight.

Key Responsibilities

Treasury Finance Control & Oversight

  • Lead the finance control agenda for Treasury products, ensuring robust end‑to‑end accounting, valuation, and reporting controls
  • Strengthen governance over Treasury general ledger accounts, processes, and balance sheet integrity
  • Ensure Treasury financials are accurate, timely, and compliant with internal policies and external standards

Treasury P&L & Performance Analysis

  • Oversee the independent verification and reporting of Treasury profit and loss
  • Perform detailed P&L attribution and variance analysis, including actuals versus forecasts and estimates
  • Provide clear explanations of performance drivers to senior stakeholders

Accounting, Reconciliations & Close

  • Manage daily and monthly reconciliations for Treasury balance sheet and off‑balance‑sheet exposures, including FX activity
  • Ensure reconciliation breaks are investigated, resolved, and appropriately escalated
  • Maintain high standards of substantiation and audit readiness

IFRS, Valuation & Regulatory Reporting

  • Ensure Treasury products are accounted for in line with IFRS and regulatory requirements
  • Support financial statement disclosures and regulatory reporting related to Treasury activities
  • Oversee valuation controls for securities, derivatives, and other Treasury instruments, including MTM processes

Hedge Accounting & Risk Frameworks

  • Lead the implementation and ongoing oversight of hedge accounting frameworks in line with IFRS and internal policies
  • Support interest rate risk behaviouralisation models and ensure alignment with approved policies
  • Monitor market data controls and valuation methodologies, particularly where observable pricing is limited

Treasury Products & Market Exposure

  • Oversee finance control and valuation monitoring across a broad range of Treasury instruments including FX, derivatives, swaps, options, forwards, and securities
  • Track and analyse market risk exposure and support accurate investment position reporting

Key Attributes for Success

  • Strong Treasury finance or product control background within a banking environment
  • Deep understanding of IFRS, hedge accounting, valuation, and Treasury products
  • Proven ability to independently challenge numbers and explain performance drivers
  • Experience operating in regulated environments with strong governance expectations
  • Confident stakeholder manager with leadership capability

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