Senior Banking & Treasury Accountant

Job Title:

Senior Banking & Treasury Accountant

Company: Confidential

We are seeking an experienced Senior Banking & Treasury Accountant to manage all banking, cash flow, financing, and petty cash activities of the company. The role is responsible for working closely with banks and internal departments to ensure smooth treasury operations, timely payments, and proper fund management. This position plays a critical role in handling bank transactions, cash positioning, financing facilities, petty cash control, reconciliation, and reporting activities according to specific deadlines while supporting business operations and strategic financial objectives.

• Release all transfers and payments through banks including online transfers, manual transfers, and cheques.
• Recording all treasury and bank transactions on ERP system.
• Handle reconciliation of all bank accounts on a daily and monthly basis.
• Manage access and online banking systems including addition/deletion of users and approval levels.
• Coordinate with banks for account opening, closing, and maintenance.

• Prepare and monitor daily, weekly, and monthly cash flow forecasts.
• Monitor company cash position and ensure availability of funds for operations and projects.
• Coordinate with finance, procurement, and project teams for cash requirements planning.
• Optimize cash utilization and manage liquidity efficiently.
• Prepare periodic treasury and cash position reports for management.
• Assist in managing bank facilities including loans, overdrafts, guarantees, and letters of credit.
• Coordinate with banks for financing arrangements, renewals, and documentation.
• Track loan repayments, interest calculations, and ensure timely servicing of obligations.
• Maintain records of all financing agreements and ensure compliance with terms and conditions.

• Manage and control petty cash across head office and project sites.
• Ensure petty cash disbursements are properly approved and recorded.
• Monitor petty cash balances and ensure timely replenishment.
• Conduct periodic petty cash verification and reconciliation.

• Correspond with banks and respond to treasury-related inquiries.
• Use ERP to maintain accurate treasury and cash records and reports.
• Provide supporting information for internal and external auditors.
• Ensure compliance with company policies and internal controls related to treasury.
• Ensure proper documentation for all banking, financing, and cash transactions.
• Reconciling processed work by verifying entries and comparing system reports to balances.
• Work on special projects related to cash management and financing.

• Four-year undergraduate degree in Accounting or Finance (mandatory).
• Fluency in English (written and spoken) is mandatory.
• Proficiency in Arabic is preferred.
• Minimum 5 years of progressive work experience, with at least two years in treasury or similar role.
• Strong knowledge of banking operations, cash flow management, and financing.
• High degree of accuracy.
• Problem solving and strong written and verbal communication abilities.
• Great attention to details.
• Additional certification (CMA, CFA, or similar) is a plus.
• Knowledge of ERP Oracle Fusion is a plus and highly preferred.
• Strong banking and treasury management expertise.
• Excellent cash flow forecasting and liquidity management skills.
• High degree of accuracy and attention to detail.
• Problem-solving and analytical capabilities.
• Strong written and verbal communication abilities.
• Excellent organizational and time management skills.
• Ability to work independently and manage multiple priorities.
• Strong relationship management with banks and internal stakeholders.
• Proficiency in banking systems and online banking platforms.
• Advanced Excel skills and ERP systems knowledge.
• Professionalism, integrity, and reliability.