Junior Treasury Accountant

Confidential appears to be involved in sales operations and technology, with roles spanning internal sales coordination, external sales, AI engineering, and operational management.

Job Purpose: The Junior Treasury Accountant is responsible for supporting daily treasury operations, including cash and bank management, payment execution, cash flow monitoring, bank reconciliations, and treasury reporting, while ensuring compliance with company policies and internal controls. Duties & Responsibilities: Support the Treasury Manager in preparing the annual cash flow forecast to support the annual budget. Support month-end and year-end closing activities for bank, cash, credit card, and treasury-related GL accounts. Prepare and update daily and weekly cash flow forecasts based on expected collections and approved payments to support liquidity planning and cash management. Monitor daily bank balances and cash positions and provide regular updates on available cash. Execute approved bank transfers, supplier payments, payroll payments, and other authorized disbursements accurately and on time. Ensure all payments are supported by the required approvals and documentation before processing. Record and maintain accurate and timely bookkeeping of all payment and treasury transactions in the ERP, including payment entries, bank transfers, settlements, and bank charges. Perform daily and monthly bank reconciliations, investigate discrepancies, and clear outstanding items. Manage and reconcile corporate credit card transactions, ensuring supporting documentation is complete and settlements are processed accurately and on time. Support foreign currency transactions, monitor exchange rates, and maintain accurate foreign exchange (FX) records. Support SAP/ERP treasury process improvements and automation initiatives. Coordinate with the Accounts Payable and Finance teams to ensure timely and accurate execution of approved payments. Support the management of bank accounts, online banking platforms, bank facilities, deposits, and other banking requirements. Coordinate with banks and internal departments on payments, transfers, documentation, and transaction-related inquiries. Support internal and external audits by providing bank confirmations, reconciliations, and treasury-related documentation. Maintain complete and audit-ready documentation for all banking, payment, and treasury transactions. Prepare periodic treasury reports covering cash positions, payments, bank balances, and cash flow. Ensure compliance with treasury policies, Delegation of Authority, internal controls, and confidentiality requirements. Job Specifications: Education & Qualifications: Bachelor’s degree in Accounting or Finance. Any accounting certificate is a plus. Experience: 1–3 years of experience in accounting. 2 years of exposure to treasury operations, payments, cash flow monitoring, bank/credit card reconciliations, and online banking. Knowledge & Skills: Proficiency in ERP systems (e.g., SAP, Oracle, Microsoft Dynamics) and advanced MS Excel. Strong mathematical, numerical, reconciliation, and analytical skills, with the ability to interpret financial data and support accurate decision-making. Strong attention to detail with the ability to identify errors and discrepancies. Ability to coordinate effectively with Finance, AP, AR, Payroll, Procurement, HR, and Operations regarding payments, cash requirements, and reconciliations. Strong written and verbal communication skills in English; Arabic proficiency is highly desirable. Excellent organizational and time management skills. Key Performance Indicators (KPIs): Cash Position & Liquidity Management Maintain 100% accuracy of daily cash position and bank balance reporting. Provide required cash position updates within the agreed reporting timelines. Maintain cash availability within approved liquidity requirements. Payment Processing Accuracy & Timeliness 98% of approved payments made within agreed payment timelines. Maintain payment processing accuracy with minimal errors or rejected transactions. Bank & GL Reconciliation Complete 100% of daily/monthly bank reconciliations within the agreed closing timeline. Resolve reconciliation discrepancies and outstanding items within the agreed SLA. Treasury Records & Compliance Maintain 100% complete and audit-ready treasury, banking, payment, and credit card documentation. Achieve zero material compliance findings related to treasury transactions, approvals, or internal controls. Reporting & Month-End Closing Submit 100% of periodic treasury reports accurately and within agreed deadlines. Complete bank, cash, credit card, and treasury GL closing activities within the month-end/year-end closing schedule. Show more