Treasury Specialist

Treasury Specialist – Join RUA’s Visionary Team in Shaping the Future of Cultural Education

At RUA, we are pioneering a new era of cross-cultural arts education and creative innovation in the Middle East. As a dynamic institution dedicated to fostering bold ideas, we empower students to explore their passions while driving transformative change through industry-academic collaboration and reimagined creative education. Our mission is to cultivate an environment where global perspectives thrive, enriching both the Saudi and international communities.

As a Treasury Specialist, you will play a pivotal role in ensuring the financial integrity and operational excellence of RUA’s treasury functions. This position offers an opportunity to contribute to a forward-thinking institution that is shaping the future of cultural education in the MENA region, aligning with Saudi Vision 2030 and positioning RUA as a global leader in arts and innovation.

Key Responsibilities

In this strategic role, you will oversee critical financial operations while supporting long-term treasury initiatives. Your responsibilities will include:

• Financial Processing & Compliance: Ensure accurate and timely processing of all payments, including vendor invoices, payroll, and refunds, while maintaining strict adherence to internal policies and regulatory standards.
• Tuition & Fee Management: Oversee tuition fee collections, reconciliation, and bank deposits, guaranteeing seamless financial transactions and compliance with institutional guidelines.
• Bank Reconciliation & Discrepancy Resolution: Reconcile bank accounts daily, identifying and resolving discrepancies to maintain financial accuracy and operational transparency.
• Cash & Petty Cash Management: Maintain petty cash and departmental accounts, ensuring proper documentation and accountability for all transactions.
• Treasury System Enhancements: Collaborate with the Finance Controller to support treasury-related projects, including banking system upgrades and fee automation initiatives.
• Cash Flow & Budgeting: Prepare short-term cash flow forecasts and contribute to the annual cash budget and liquidity planning, anticipating major outflows such as construction, IT upgrades, or bulk procurement.
• Banking Operations: Execute daily bank transactions, fund transfers, and mandate updates, while managing account openings and closures with meticulous attention to detail.
• Fee Collections & Follow-Ups: Monitor student fee collections and coordinate with the finance team to address overdue payments, ensuring timely revenue realization.
• Documentation & Compliance: Maintain comprehensive documentation for all treasury transactions, ensuring adherence to internal controls and treasury policies.

Skills & Qualifications

To excel in this role, you will bring a blend of technical expertise and financial acumen:

• Cash Flow & Liquidity Management: Proven experience in forecasting cash flow and managing liquidity to support organizational goals.
• Bank Reconciliation & Payment Processing: Expertise in reconciling bank statements and managing payment runs with precision.
• Advanced Financial Tools: Proficiency in Excel (advanced) and ERP treasury modules such as Odoo, Oracle, or Microsoft Dynamics, with familiarity with collection systems like fee portals or direct debits.
• Internal Controls & Treasury Policies: Strong understanding of financial controls, compliance frameworks, and treasury best practices.
• Problem-Solving & Attention to Detail: Ability to identify discrepancies, resolve issues, and maintain meticulous records under tight deadlines.
• Cross-Functional Collaboration: Excellent communication skills to liaise effectively with academic, administrative, and finance teams.
• Peak Period Resilience: Capacity to perform under high-pressure scenarios, such as month-end closings or registration seasons.

Qualifications:

• A Bachelor’s degree in Finance or Accounting (or equivalent).
• Professional certification (e.g., CMA, partially qualified ACCA, or CPA) is a significant advantage.
• 3–4 years of relevant experience, preferably in higher education, schools, or educational services. Experience in non-profit or service-oriented sectors will also be considered.

Why Join RUA?

RUA is more than an institution—it is a catalyst for cultural transformation. By joining our team, you will:

• Contribute to a visionary mission that merges arts, culture, and innovation to inspire future generations.
• Work in a dynamic, collaborative environment where creativity and excellence are celebrated.
• Be part of a global movement shaping the future of Saudi Arabia’s cultural ecosystem in alignment with Vision 2030.
• Experience growth in a fast-evolving sector, with opportunities to influence treasury strategies and financial systems.
• Join a first-of-its-kind organization in the MENA region, recognized for its commitment to knowledge exchange and creative innovation.

If you are passionate about finance, innovation, and cultural progress, we invite you to be a part of RUA’s journey. Together, we will redefine the boundaries of education, creativity, and societal impact.