General Manager Treasury

We are looking for an experienced General Manager Treasury to lead the treasury function of a large, multi-entity organization based in Karachi. This senior role involves overseeing liquidity management, funding strategies, banking relationships, and financial risk. The successful candidate will be responsible for transforming the treasury into a value-creating function by effectively managing cash, financing, and investing surplus funds to support the organization’s financial health and growth.

Key Responsibilities

- Own and maintain the cash and liquidity management framework, including preparing rolling cash flow forecasts and ensuring minimum liquidity thresholds are met.
- Lead and nurture relationships with banks and financial institutions, negotiating competitive rates, fees, and facility terms to optimize financial arrangements.
- Evaluate and negotiate financing options across short, medium, and long-term horizons, recommending the most cost-effective solutions aligned with organizational goals.
- Optimize returns on surplus funds by managing investments within approved risk parameters, selecting appropriate instruments and counterparties.
- Monitor and manage foreign currency exposure and related financial risks to safeguard the organization’s assets.
- Drive cash pooling initiatives and ensure the efficient utilization of sanctioned banking limits across multiple entities.
- Strengthen treasury controls, oversee bank reconciliations, and ensure audit readiness by maintaining compliance with applicable laws, regulations, and internal policies.
- Lead the automation and digitization of treasury processes to improve efficiency and accuracy.
- Build, lead, and develop a high-performing treasury team capable of meeting evolving business needs.

Required Qualifications

- Qualified Chartered Accountant (ACA or FCA) from ICAP is mandatory.
- 8 to 10 years of post-qualification experience with a proven track record of heading the treasury function in a mid-sized or large organization.
- Strong expertise in cash flow management, liquidity planning, banking relationships, and financing arrangements.
- Demonstrated experience negotiating banking facilities, pricing, and financing costs.
- Solid understanding of both Islamic and conventional banking products.
- Experience in treasury controls, bank reconciliation, and driving automation and digitization initiatives.
- Candidates must currently be based in Karachi; relocation will not be considered.

Preferred Qualifications and Benefits

- Articleship experience with a Big 4 accounting firm is considered an advantage.

This role offers the opportunity to lead a critical financial function within a complex organizational structure, contributing directly to the company’s financial stability and growth. The position is based in Karachi and is open exclusively to candidates already residing in the city.