Abdulaziz Alarfaj has started a new position as Director of Treasury at the General Authority of Civil Aviation (GACA) in Saudi Arabia. Alarfaj brings experience in treasury management, financial oversight, accounting and audit. Before joining GACA, he served as Head of Treasury at the Misk Foundation in Riyadh.
Abdulaziz Alarfaj brings treasury leadership experience to GACA
Alarfaj led treasury at the Misk Foundation from January 2023 to October 2026. During this period, he focused on building the function, improving financial processes and strengthening team accountability.
According to his professional profile, he introduced a structured cash management and investment strategy that delivered 20 times return growth. He also reduced invoice processing time by 75% through automation and workflows integrated with enterprise resource planning systems.
In addition, Alarfaj introduced real-time dashboards to improve cash visibility and support financial decisions across departments. His responsibilities included value-added tax settlements, compliance with the Zakat, Tax and Customs Authority, and improvements to financial reporting.
From audit to financial management
Alarfaj began his career in audit at EY, where he worked as a Senior Auditor from 2016 to 2019. His responsibilities included audits across regulated sectors, financial reporting and internal controls.
He subsequently joined the MiSK Art Institute as an Accountant in 2019. He became Finance Manager in 2021, expanding his responsibilities to procurement operations, tax risk management, budgeting and financial planning.
During his time at the institute, Alarfaj reports that he achieved 97% forecasting accuracy. He also led improvements to procurement and tax workflows and supported the integration of enterprise resource planning systems across accounting and human resources processes.
His experience combines financial control with operational management. It also includes work on cash flow reporting, compliance, budgeting and coordination across business functions.
Professional qualifications and development
Alarfaj holds a Bachelor of Science in Accounting from the University of Oregon, completed in 2016. He also completed INSEAD’s Strategic Decision Making for Leaders programme in 2024.
His professional qualifications include Certified Management Accountant (CMA) and Certified Internal Auditor (CIA) credentials.
Alarfaj identifies financial oversight and treasury accounting among his core skills. His professional profile also emphasises delegation, team development, accountability and transparent working practices.
His appointment brings experience across audit, accounting and treasury management to GACA’s finance leadership. The supplied profile does not detail his specific mandate, reporting structure or priorities in the new role.
