Treasury Specialist Jobs in Makkah

About the Role

Binzagr Company is seeking a diligent and detail-oriented Treasury Officer to join its team in Jeddah, Makkah, Saudi Arabia. This full-time position is integral to supporting the Head of Treasury in managing daily banking operations and transactions across all group companies. The Treasury Officer will be responsible for preparing essential bank-related documents and communications, ensuring all treasury and banking activities are conducted effectively and in a timely manner, strictly adhering to Company Policy and Procedures. This role offers an opportunity for individuals with 0-1 years of experience to gain exposure within the finance and treasury department of a reputable organization, playing a key role in maintaining financial integrity and supporting the overall performance of the Finance and Accounting department.

Key Responsibilities

• Prepare and manage bank-related documents and communications for all group companies concerning treasury and banking transactions.
• Ensure all treasury and banking transactions are processed effectively and in a timely manner, in accordance with Company Policy and Procedures.
• Support the Head of Treasury in managing and completing various banking matters.
• Upload bank statements daily into SAP and liaise with internal teams to confirm collections.
• Clear collections against customer accounts and accurately record loan transactions.
• Coordinate with the Sales team and branches regarding point-of-sale (POS) matters, including issuing new POS devices, replacing existing ones, and coordinating with the SFA team.
• Follow up with banks on dropped transactions related to POS systems.
• Prepare cashier authorizations as required by the branches.
• Communicate with banks regarding cash deposit machine requirements for the branches.
• Initiate online fund transfers and prepare bank statements for monthly reconciliations.
• Deliver bank documents when the bank messenger is unavailable.
• Provide support to treasury team leads for banking matters and serve as a backup in their absence.
• Fulfill and meet all expected deliverables of the role with integrity and collaboration.
• Model the core values of Binzagr Company and adhere to lead-by-example competencies.
• Comply with all HR and Binzagr Company policies and procedures.
• Adhere to all Standard Operating Procedures and Service Level Agreements.
• Assume overall accountability for the performance of the Finance and Accounting department.
• Undertake any other responsibilities assigned by the line manager related to the Treasury Area.

Qualifications and Requirements

• Minimum of 1 year of experience in the field of finance and treasury.
• University bachelor’s degree in Finance or Accounting.

Required Skills

• Proficiency in SAP for daily bank statement uploads and transaction processing.

Work Context

This is a full-time position based in Jeddah, Makkah, Saudi Arabia. The role requires 0-1 years of experience. Salary is not disclosed.

About the Role

MDLBEAST is strategically enhancing its Treasury function to support significant growth across festivals, venues, and live entertainment. The Treasury Manager will be responsible for group-wide treasury operations, partnering with the CFO and finance leadership to ensure financial agility, cultivate banking relationships, and implement disciplined cash and risk management practices. This is a hands-on role focused on building and shaping core financial operations, requiring technical treasury expertise and operational ownership to design and embed controls, processes, and systems for a rapidly scaling organization.

Key Responsibilities

• Develop, maintain, and enhance short-term and long-term cash flow forecasts across the group.
• Monitor daily cash positions across all entities to ensure optimal liquidity for operational and capital expenditure needs.
• Implement initiatives for working capital optimization to improve overall cash efficiency.
• Provide accurate liquidity reporting and dashboards to senior management.
• Manage and develop strategic relationships with the group's banking partners.
• Negotiate and structure banking facilities, including Revolving Credit Facilities (RCFs), term loans, and credit lines, on favorable terms.
• Oversee the utilization of banking facilities across multiple banks and ensure strict compliance with all associated covenants.
• Maintain bank master data and signatory matrices within the ERP system.
• Manage trade finance instruments, including Letters of Credit (LCs), Standby LCs, Bank Guarantees (LGs), and receivable financing.
• Monitor and manage foreign exchange (FX) exposure through spot and forward transactions.
• Develop and execute hedging strategies aligned with the group's risk policies.
• Liaise with banks and internal stakeholders to ensure the timely execution of all trade finance transactions.
• Oversee end-to-end payments governance, including authority matrices, approval workflows, and segregation of duties.
• Drive the automation and digitization of treasury operations, including B2B bank integration and ERP enhancements.
• Manage daily treasury operations, ensuring adherence to internal controls and accounting standards.
• Develop and maintain a robust treasury policy framework aligned with industry best practices.
• Implement treasury Standard Operating Procedures (SOPs), internal controls, and risk management frameworks.
• Prepare comprehensive treasury management reports and analyses for the CFO and executive leadership.
• Support audit, regulatory, and compliance requirements pertaining to treasury activities.

Qualifications and Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field. A Master's degree (MBA, MSF) is considered a strong advantage.
• 7 to 12 years of progressive corporate treasury experience, with a preference for candidates who have worked within multi-entity and multi-currency groups.
• Proven hands-on experience in cash flow forecasting, banking facility management, trade finance instruments (such as LCs, LGs, SBLCs), and FX risk management.
• Strong working knowledge of ERP systems, with emphasis on SAP Treasury, Oracle, or comparable Treasury Management Systems (TMS) platforms.
• Demonstrated experience in developing treasury policies, SOPs, and payment governance frameworks.
• Excellent command of the English language; proficiency in Arabic is preferred.

Skills and Expertise

• Cash Flow Forecasting
• Banking Facility Management
• Trade Finance Instruments (LCs, LGs, SBLCs)
• FX Risk Management
• ERP Systems (SAP Treasury, Oracle, TMS)
• Treasury Policy Development
• SOP Development
• Payment Governance Frameworks
• Financial Agility
• Banking Relationships
• Cash Management
• Risk Management
• Liquidity Management
• Working Capital Optimization
• Trade Finance Operations
• FX Exposure Management
• Hedging Strategies
• Payments Governance
• Treasury Operations Automation
• Treasury Policy Framework Implementation
• Internal Controls
• Risk Management Frameworks
• Audit Support
• Regulatory Compliance

Preferred Qualifications and Industry Experience

Preferred certifications include Certified Treasury Professional (CTP), Chartered Financial Analyst (CFA), Association of Corporate Treasurers (ACT), Certified Management Accountant (CMA), or Certified Public Accountant (CPA) / Saudi Organization for Certified Public Accountants (SOCPA).

While candidates with treasury experience across various sectors are welcome, preference will be given to those with backgrounds in entertainment, events, hospitality, lifestyle industries, multi-business holdings or conglomerates, consumer, retail, or Fast-Moving Consumer Goods (FMCG) groups, real estate development and project-based industries, or other high-growth, multi-entity organizations.

Work Environment and Location

This is a full-time position. The role is based in Jeddah, Saudi Arabia. MDLBEAST is a Saudi-based entertainment company dedicated to shaping the future of live music, festivals, and creative experiences. Through flagship festivals and year-round venue operations, MDLBEAST is establishing a regional hub for global music and culture.

About the Treasury Accountant Role

ALTAWKILAT is seeking a detail-oriented Treasury Accountant to join its finance team in Jeddah, Makkah, Saudi Arabia. This full-time position offers an opportunity for individuals with 0-1 years of experience to develop their careers in treasury operations within a dynamic company.

Key Responsibilities

• Coordinate with banks and complete necessary forms for the installation and maintenance of POS (SPAN) machines, ensuring accurate data management of all POS terminals.
• Prepare accurate bank reconciliations for all company bank accounts.
• Proactively follow up with banks regarding any amounts incorrectly debited from bank statements or amounts that have not been credited.
• Liaise with the Accounts Department to resolve discrepancies identified in bank reconciliations, ensuring all amounts are correctly posted in the company's books (UMA).
• Post daily transactions, including accurate journal entries.
• Confirm customer deposits into the company's bank accounts.
• Undertake any other duties as required by the Treasury Management department.

Qualifications and Experience

• 0-1 years of relevant experience in accounting or treasury functions.

Required Skills

• Proficiency in performing bank reconciliations.
• Experience in posting journal entries.
• Familiarity with POS terminals and their operations.

Work Details

This is a full-time position based in Jeddah, Makkah, Saudi Arabia.

About the Role

Deli Group, a global leader in innovative office supplies, stationery, equipment, furniture, and workplace solutions since 1981, is expanding its presence in the Middle East. As part of this growth, we are seeking a specialized and organized Financial Specialist to join our team in Jeddah, Makkah, Saudi Arabia. This full-time role is essential for contributing to our financial operations and ensuring compliance excellence within the region.

Key Tasks and Responsibilities

• Manage daily accounting operations and maintain accurate financial records.
• Handle customer accounts receivable weekly, collaborating with sales representatives to collect payments and assess customer credit.
• Manage VAT/Tax related documentation and reports in full compliance with Saudi regulations.
• Coordinate customs duties and clearance processes as needed.
• Maintain accurate records within the Enterprise Resource Planning (ERP) system.
• Prepare financial reports and provide support for audit and compliance activities.

Qualifications and Requirements

• Minimum of 2 years of accounting experience in Saudi Arabia.
• Previous hands-on experience with Saudi VAT/Tax regulations and controls.
• Proficiency in using ERP systems and statistical Excel functions.
• Familiarity with customs duties and clearance procedures is preferred.
• Good command of both English and Arabic languages, spoken and written.

Core Skills

• Accounting.
• Saudi VAT/Tax regulations and controls.
• ERP systems.
• Statistical Excel functions.
• Customs duties and clearance procedures.
• Accounts Receivable Management.
• Financial Reporting.
• Audit and Compliance activities.
• High attention to detail.
• Organizational skills.

Job Details

Job Title: Financial Specialist
Company: Deli Group
Location: Jeddah, Makkah, Saudi Arabia
Employment Type: Full-time.

About the Role

ALTAWKILAT is seeking a dedicated Accountant to join its team in Jeddah, Makkah, Saudi Arabia. This full-time position is integral to ensuring the accurate and timely processing of payroll-related financial transactions. The role requires a solid understanding of accounting principles and practical experience in managing payroll functions.

Key Responsibilities

• Review all documents received from the Human Resources department pertaining to payroll.
• Verify the accuracy of calculations for various payments and accruals.
• Process payments for ticket allowances, vacation entitlements, End of Service Benefits (EOSB), and business trip encashments.
• Calculate accruals for vacation leave and End of Service Benefits (EOSB).

Qualifications and Requirements

• Graduate-level education is required.
• A minimum of 3 years of relevant accounting experience is necessary.
• Demonstrated knowledge of Saudi Labor Law is essential.
• Proficiency in reading and writing English is required.

Required Skills

• Excellent command of Microsoft Excel, including advanced functions.
• Solid understanding of Labor Law principles relevant to payroll and employee benefits.
• Strong English language proficiency for both reading and writing.

Additional Information

The company is located in Jeddah, Makkah, Saudi Arabia. This is a full-time position. Experience in the range of 2-5 years is preferred. Experience with SAP will be considered an added advantage. Candidates holding any certificate in Excel or Microsoft Office applications are encouraged to apply.