Treasury Associate📣 Job Ad

About Tabby

Tabby is dedicated to empowering individuals with control over their finances. The company aims to build a financial system that is clear, flexible, and puts people and businesses in control, moving beyond traditional systems that have often favored institutions. Founded in 2019, Tabby serves customers and businesses across Saudi Arabia, the United Arab Emirates, and Kuwait, with millions of customers and 65,000 global brands relying on its services today.

The Treasury Associate Role

Tabby is seeking a Treasury Associate to join its team in Riyadh, Saudi Arabia. This full-time role is integral to supporting the Group Banking & Treasury team's daily treasury, payment, and reconciliation activities. The position focuses on maintaining accurate and current bank data, addressing payment inquiries from internal and external stakeholders, coordinating bank KYC/RFI requirements, and ensuring the integrity of the bank reconciliation process.

Key Responsibilities: Reconciliation and Data Management

• Perform daily bank reconciliations across all group bank accounts in multiple countries, identifying and investigating discrepancies between bank records and internal ledger/ERP entries.
• Download periodic bank statements from online banking portals across multiple banking relationships and entities.
• Update the ERP (Wafeq/NetSuite) and internal tracking sheets with statement data, ensuring records are current, accurate, and consistently formatted.
• Track and clear suspense account balances monthly, maintaining complete substantiation.

Key Responsibilities: Payments and Stakeholder Engagement

• Respond to internal and external payment queries by researching and confirming payment status across banking systems and the ERP.
• Retrieve and issue Proof of Payment (POP) documents to requestors accurately and on time.
• Monitor and update manual collections.
• Support inter-account transfers, prefunding, and fund flows between operational and settlement accounts.
• Liaise with internal stakeholders (AP/CX teams) and local banks to resolve operational and settlement issues.

Key Responsibilities: Compliance and Process Enhancement

• Act as the first point of contact for payment-related KYC and Request for Information (RFI) queries raised by banking partners, gathering documentation to close them within required timelines.
• Maintain an organized filing structure for bank statements and supporting documentation to support audit and reconciliation needs.
• Support month-end close activities and assist during internal and external audits.
• Ensure compliance with banking regulations and cross-border fund-flow requirements.
• Contribute to process documentation (SOPs) and support process improvement and automation initiatives.

Candidate Profile and Experience

The ideal candidate for this role will be detail-oriented and motivated, possessing 2-5 years of relevant experience. They should be organized, comfortable working across multiple banking portals and internal systems, and capable of managing recurring operational tasks with a high degree of accuracy under time pressure.