Treasury Accountant

About the Role

Binzagr CO-RO LTD. is seeking a Treasury Accountant to join their team in Jeddah, Makkah, Saudi Arabia. This is a full-time position requiring 2-5 years of experience in Treasury or Finance. The role focuses on managing daily cash operations, tracking financial facilities, and supporting overall cash flow and working capital management.

Key Responsibilities

• Monitor daily cash positions across multiple bank accounts and perform bank reconciliations.
• Track bank facilities, including loans, Letters of Credit (LCs), and Letters of Guarantee (LGs).
• Review collections and ensure daily branch deposits are reconciled accurately.
• Prepare payment schedules and develop rolling weekly/monthly cash flow forecasts.
• Analyze cash flow forecasts against actual results and identify variances.
• Coordinate with Accounts Receivable (AR), Accounts Payable (AP), and Financial Planning & Analysis (FP&A) teams to support cash flow and working capital management.
• Monitor collections and ensure accurate posting within the ERP system.
• Manage credit, fleet, and property insurance, including renewals, negotiations, and claims processing.
• Identify financial and operational risks and maintain the risk register.
• Prepare comprehensive reports covering cash position, cash flow, collections, bank facility usage, insurance, and risk management.

Qualifications and Experience

• Bachelor’s degree in Finance, Accounting, or a related field.
• 3–4 years of experience in Treasury or Finance.
• Experience with ERP systems; MS Dynamics 365 is preferred.

Required Skills

• Strong Excel skills.
• Good understanding of treasury, cash management, and banking operations.
• Strong analytical, communication, and time management skills.

Work Location

This position is based in Jeddah, Makkah, Saudi Arabia.

Application Process

Qualified candidates are invited to apply for this full-time Treasury Accountant role.