Treasury Officer

About the Role

UCC Holding is seeking a Treasury Officer to join their team in Riyadh, Saudi Arabia. This full-time role is responsible for the day-to-day treasury operations, focusing on maintaining and monitoring bank-related treasury activities. The Treasury Officer will support compliance and banking deliverables while managing financial aspects related to an organization's liquidity, cash flow, and financial investments. The primary objective is to optimize financial resources, ensure liquidity, and mitigate financial risks.

Key Responsibilities

• Conduct daily updates of the bank position report.
• Perform bank reconciliations against the General Ledger and reconcile assigned clearing accounts.
• Ensure the completion of journal creation for bank account transactions.
• Prepare bank exposure and facility utilization reports in a timely manner.
• Handle confidential documents and sensitive data daily, including screening data, financial records, banking and compliance information, and Know Your Client materials.
• Review all payments, transfer orders, and cheques to ensure compliance with standards and processes.
• Prepare various other journal entries into the system.
• Ensure all screening record-keeping is up to date and securely stored in accordance with data protection laws.
• Track account schedules such as prepayments, loans, and amortization.
• Proactively liaise with bank representatives on all banking matters and provide guidance on solutions.
• Ensure all areas of work are documented and align with organizational due diligence processes.
• Support the implementation of HSE initiatives, participate in safety awareness activities, and contribute to incident reporting and resolution in alignment with company and IMS policies.

Experience and Qualifications

Candidates for this position should possess 5-10 years of relevant experience in treasury operations or a similar financial role. A strong understanding of financial management principles, cash flow management, and financial risk mitigation is essential.

Required Skills

• Proficiency in conducting bank reconciliations and managing journal entries.
• Ability to prepare detailed financial reports, including bank exposure and facility utilization.
• Strong attention to detail and accuracy in handling confidential financial documents and sensitive data.
• Knowledge of data protection laws and secure record-keeping practices.
• Effective communication and liaison skills for interacting with bank representatives.
• Understanding of organizational due diligence processes and compliance standards.
• Commitment to HSE initiatives and safety awareness.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia, within a dynamic financial environment focused on optimizing resources and managing financial risks.

Application Process

We invite qualified candidates to apply for this role to contribute to UCC Holding's treasury operations.