Treasury Accountant

Role Overview

Key Responsibilities

• Monitor bank balances and cash movements, prepare daily cash position reports, and highlight upcoming funding requirements.
• Prepare and process approved supplier payments, bank transfers, and other disbursements, ensuring supporting documents and authorizations are complete.
• Reconcile bank accounts regularly, investigate discrepancies, and coordinate the resolution of outstanding items.
• Assist in preparing short-term cash flow forecasts by tracking expected receipts and scheduled payments.
• Record bank transactions, charges, transfers, and other treasury entries accurately in the accounting system.
• Liaise with banks on routine transactions, account documentation, payment queries, and service requests.
• Assist with documentation and tracking for bank guarantees, letters of credit, and other banking facilities where applicable.
• Prepare treasury schedules and reconciliations to support monthly closing and audit requirements.
• Maintain organized treasury records and follow payment approval procedures, access controls, and confidentiality requirements.

Requirements and Qualifications

• Bachelor's degree in accounting or finance.
• At least two years of relevant experience in treasury, banking operations, or accounting with direct exposure to cash management and bank reconciliation.
• Understanding of payment processing, treasury accounting, bank reconciliations, and cash flow reporting.
• Proficiency in Microsoft Excel, accounting or ERP systems, and corporate online banking platforms.
• Familiarity with Saudi banking processes; exposure to bank guarantees and letters of credit is an advantage.
• Strong attention to detail, organization, communication, and problem-solving skills, with the ability to meet payment deadlines and handle confidential information.