Treasury Accountant

4 weeks ago


الرياض, Saudi Arabia Blocks Group Full time

**Job Purpose**

Manage the company’s treasury operations to ensure efficient cash flow management, accurate forecasting, and proper liquidity, supporting the financial health of the organization and enabling timely financial decision-making.

**Accountabilities**
- Monitor daily cash flow and manage cash positioning to ensure liquidity for operational needs and investment opportunities.
- Prepare cash flow forecasts and manage short-term borrowing and investment decisions to optimize cash use.
- Reconcile bank accounts regularly and ensure the accuracy of financial transactions, identifying and resolving discrepancies promptly.
- Coordinate with banks and financial institutions to optimize cash management, negotiate terms, and ensure efficient handling of banking services.
- Assist in managing foreign exchange risks, including monitoring currency exposure and advising on hedging strategies.
- Prepare and present treasury reports to senior management, highlighting key financial metrics and trends.
- Ensure compliance with internal controls, policies, and regulatory requirements in all treasury-related activities.
- Support the finance team in month-end and year-end close processes by providing necessary treasury data and documentation.
- Assist in the development of treasury policies and procedures to improve operational efficiency and reduce financial risks.

**Role Requirements**

**Qualifications and Education**

**Essential**:

- Bachelor’s degree in Accounting, Finance, Economics, or a related field.
- Professional certification (e.g., CTP - Certified Treasury Professional) is a plus.

**Preferable**:

- Master’s degree in Finance or an MBA with a focus on Treasury or Corporate Finance.

**Experience**

**Essential**:

- 3-5 years of experience in treasury accounting or related financial roles.
- Experience in managing cash flow forecasting, liquidity management, and banking relationships.

**Preferable**:

- Experience working in a mid-sized company or a similar industry (e.g., [sector-specific experience]).
- Exposure to treasury management systems (TMS) or advanced ERP systems.

**Training**

**Essential**:

- Practical training in treasury management software or ERP systems (e.g., SAP, Oracle, Kyriba).
- Understanding of corporate finance, treasury operations, and regulatory frameworks.

**Preferable**:

- Advanced training or certification in financial risk management or foreign exchange.

**Specialized Knowledge and Skills**

**Essential**:

- Strong understanding of treasury operations, cash management, and liquidity forecasting.
- Familiarity with financial instruments and hedging strategies, including FX risk management.
- Advanced proficiency in Excel for financial modeling and data analysis.

**Preferable**:

- Knowledge of accounting principles, regulations, and internal control frameworks related to treasury.
- Experience with cash management platforms and financial transaction processing tools.

**Behavioral Competencies**
- Strong analytical and problem-solving skills.
- Attention to detail and accuracy in financial analysis and reporting.
- Proactive, self-starter with strong initiative and ability to work independently.
- Strong communication skills to interact effectively with internal stakeholders and financial institutions.

**Technical Competencies**
- Expertise in treasury management software (e.g., Kyriba, Reval).
- Proficiency in ERP systems (e.g., SAP, Oracle, Odoe).
- Strong Excel skills for financial modeling, forecasting, and reporting.
- Knowledge of foreign exchange management and financial risk mitigation.


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