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naukri

Treasury Accountant

Client of Kafaat recruitment
Eastern Province, KSA
Senior
8 months ago
IFRSGAAPAuditTaxFinancial ReportingBookkeeping
Free

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Overview

  • Job duties
  • Monitor daily cash positions and ensure sufficient liquidity for project and corporate needs.
  • Manage cash flow forecasts to align with project timelines, funding requirements, and payment schedules.
  • Coordinate intercompany funding, capital injections, and loan repayments between project SPVs (Special Purpose Vehicles).
  • Maintain accurate records of all cash transactions and bank balances across multiple entities.

Banking & Financing

  • Liaise with banks for project financing, drawdowns, bank guarantees, and letter of credit arrangements.
  • Prepare and process loan drawdown requests and interest payments in coordination with project finance teams.
  • Reconcile bank accounts and loan balances monthly.
  • Maintain strong relationships with financial institutions and monitor banking fees and performance.

Treasury Operations & Controls

  • Ensure compliance with internal treasury policies, accounting standards, and financial controls.
  • Assist in developing and implementing treasury procedures and cash management tools.
  • Support automation of treasury reporting and integration with ERP systems.

Financial Reporting & Analysis

  • Prepare periodic treasury reports, including cash flow analysis, debt schedules, and interest cost projections.
  • Assist in month-end and year-end closing activities related to treasury and financing transactions.
  • Provide treasury input for management reporting, budgets, and forecasts.
  • Track compliance with loan covenants and report any variances to management.

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