JOB PURPOSE
To support the management of Almana Group’s treasury and tax activities by maintaining banking and financing arrangements, monitoring debt and credit facilities, and coordinating Group tax compliance to ensure timely fulfilment of financial and statutory obligations.
KEY RESULTS AREAS / DELIVERABLES AND KEY ACTIVITIES
BANKING ADMINISTRATION & CONTROLS
Manage and maintain the Group’s banking arrangements and records to ensure accurate administration and compliance with approved authorities
- Maintain an updated register of Group bank accounts, authorized signatories, banking arrangements, and related records.
- Coordinate bank account openings, closures, mandate changes, and online banking access in accordance with approved authorities.
- Coordinate with banks on KYC updates, documentation, and other compliance requirements.
- Maintain complete and accurate supporting documentation for banking arrangements and transactions.
- Ensure banking administration complies with Group policies and the approved authority matrix.
LOANS, CREDIT FACILITIES & FINANCING
Monitor the Group’s loans, borrowings, and credit facilities to ensure obligations, limits, and maturities are effectively managed.
- Maintain the Group loan and credit facility register, including limits, utilization, pricing, security, covenants, and maturity dates.
- Monitor principal repayments, interest payments, facility utilization, renewals, covenant requirements, and upcoming maturities.
- Maintain debt maturity schedules and highlight approaching obligations, facility limits, and expiries.
- Review interest calculations, bank fees, and facility charges and follow up on discrepancies.
- Support the Group Treasury Manager in facility renewals, bank negotiations, and financing arrangements.
BANK GUARANTEES, LETTERS OF CREDIT & TREASURY REPORTING
Maintain effective control and reporting of bank guarantees, letters of credit, and other treasury obligations.
- Maintain accurate records of bank guarantees and letters of credit, including issuance, amendments, renewals, expiries, and cancellations.
- Coordinate required documentation with banks and internal stakeholders and ensure timely action on upcoming expiries.
- Provide banking, debt, facility, guarantee, and letter of credit information for management review and financing discussions.
- Prepare accurate treasury reports and schedules as required by the Group Treasury Manager.
TAX COMPLIANCE & REPORTING
Coordinate Group tax compliance activities to ensure accurate and timely fulfilment of applicable statutory tax obligations.
- Maintain the Group tax calendar and monitor applicable filing and payment deadlines.
- Coordinate corporate income tax, withholding tax, VAT and other applicable tax filings, declarations, and payments.
- Maintain tax registrations, assessments, reconciliations, and supporting documentation.
- Collect, review, validate, and reconcile information from finance teams across Group entities to support accurate tax reporting.
- Maintain complete tax records and prepare tax reports and updates for management as required.
TAX AUTHORITY, ADVISORY & REGULATORY COORDINATION
Coordinate tax-related engagements, monitor regulatory developments, and support the management of tax compliance risks across the Group.
- Liaise with tax authorities, external tax advisers, and auditors regarding queries, inspections, assessments, and other tax matters.
- Coordinate supporting information and documentation required for tax reviews, audits, inspections, and assessments.
- Track tax assessments, queries, appeals, and outstanding actions through resolution.
- Monitor relevant changes in tax laws, regulations, and compliance requirements and assess their potential impact on the Group.
- Support tax risk reviews, identify potential areas of non-compliance or exposure, and recommend improvements to processes and controls.
- Escalate significant tax exposures, regulatory developments, compliance issues, and overdue actions to the Group Treasury Manager.
Skills
EDUCATION
- Bachelor’s Degree in Finance, Accounting, Banking, or a related discipline.
- Professional qualifications or certifications in Accounting, Finance, Treasury, or Taxation are an advantage.
EXPERIENCE
- Minimum 3–5 years of relevant experience in treasury, banking, debt and facility management, taxation, corporate finance, or a related field.
- Practical experience in banking arrangements, loans and credit facilities, bank guarantees, letters of credit, and related treasury administration.
- Experience supporting corporate tax compliance, statutory filings, tax reporting, or related tax requirements.
- Experience coordinating with banks, tax advisers, auditors, and internal finance stakeholders.
- Experience using ERP, Treasury Management Systems, or similar financial systems is an advantage.
COMPETENCIES
Technical Competencies
- Treasury and banking operations.
- Loans, credit facilities, debt monitoring, bank guarantees, and letters of credit.
- Interest, bank charge, and financing cost calculations.
- Corporate tax compliance, reconciliation, documentation, and statutory reporting.
- Strong Microsoft Excel and financial analysis skills.
- Online banking platforms and ERP / Treasury Management Systems.
Behavioral Competencies
- Strong analytical and numerical skills with high attention to detail and accuracy.
- Strong planning and organizational skills with the ability to manage multiple deadlines and priorities.
- Strong communication and stakeholder coordination skills across multiple Group entities.
- Strong follow-up, problem-solving, and issue-resolution ability.\
- High level of integrity, accountability, and confidentiality.
- Ability to work effectively with internal and external stakeholders
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