Treasury Specialist Jobs in Riyadh

Join Our Team as a Treasury Specialist at ABG!
We are a prominent Saudi Group of Companies seeking a highly skilled Treasury Specialist to manage end-to-end banking and liquidity functions at our Head Office in Riyadh.

Responsibilities:

• Manage banking channels and relationships.
• Oversee credit lines, including OD, STL, EBLs and LTL, and manage various LGs.
• Handle daily treasury operations and facility management.
• Ensure efficient cash flow and liquidity positioning.

Requirements:

• Fluency in Arabic and English.
• Minimum 5 years of relevant treasury experience.
• Experience in the banking sector or multinational corporation is preferred.
• Strong grasp of banking facilities and credit instruments.
• Bachelor’s degree in Finance, Accounting, or a related field.

Join us and be part of an innovative and leading company in the marine and infrastructure sectors in Saudi Arabia!

About the Role

United Motors Company is seeking a Senior Treasury Accountant to join its finance team in Riyadh, Saudi Arabia. This role is integral to supporting daily treasury operations, ensuring the accuracy of financial transactions, and contributing to effective cash management and forecasting. The Senior Treasury Accountant will be responsible for maintaining relationships with banking partners, ensuring compliance with financial policies, and driving process improvements within the treasury function. This is a full-time position based in Riyadh.

Key Responsibilities

• Prepare and post daily treasury accounting entries in compliance with company policies and International Financial Reporting Standards (IFRS).
• Monitor and record all bank transactions, ensuring accurate and timely reconciliation of all bank accounts.
• Support the preparation of daily and weekly cash position reports to provide insights into liquidity.
• Process supplier and vendor payments efficiently in coordination with the Accounts Payable department and the Treasury Manager.
• Maintain comprehensive and organized records of all banking documents, agreements, and related correspondence.
• Manage the full lifecycle of Letters of Credit (LCs), including initiation, coordination with banks, preparation of documentation, processing amendments, and ensuring timely settlement.
• Support the forecasting of short- and medium-term cash flows to aid in financial planning.
• Assist in the preparation of essential treasury-related schedules and reports for management review and external auditors.
• Ensure adherence to all treasury and financial control policies and procedures.
• Liaise effectively with banks for transaction follow-ups, account maintenance, and the resolution of operational issues.
• Contribute to ongoing process improvements and the implementation of automation initiatives within the treasury function.

Qualifications and Requirements

• Bachelor's degree in Accounting, Finance, or a closely related field.
• A professional certification such as CMA or CPA is highly preferred.
• 3 to 5 years of relevant experience in accounting or treasury operations, with a preference for experience gained in a corporate or banking environment.

Required Skills

• Strong understanding of accounting principles and treasury processes.
• Excellent analytical and numerical skills with a keen eye for detail.
• Proficiency in MS Excel and experience with ERP systems such as Oracle or SAP.
• High accuracy in financial data entry and meticulous attention to detail.
• Strong communication and organizational skills.
• Fluency in both English and Arabic is essential.
• Demonstrated accountability and integrity.
• Ability to foster strong team collaboration.
• Effective time management skills to prioritize tasks and meet deadlines.
• Strong problem-solving and analytical thinking capabilities.
• A continuous improvement mindset.

Work Environment and Location

This is a full-time position based in Riyadh, Saudi Arabia. The role requires close coordination with various internal departments and external banking partners.

About the Role

Aljeel Medical is seeking a diligent and detail-oriented Treasury Officer to join its finance team. This full-time position is based in Riyadh, Saudi Arabia, and is suitable for an early-career professional with 0-1 years of experience. The Treasury Officer will be instrumental in managing the company's financial transactions, trade documents, and bank accounts, ensuring compliance, maintaining accurate documentation, and facilitating smooth treasury operations.

Key Responsibilities

• Prepare and execute payments accurately and in accordance with company policies and established timelines.
• Manage bank transactions specifically related to trade finance operations, including handling payments, Letters of Credit, and Letters of Guarantee.
• Prepare all necessary documentation for the opening of new bank accounts.
• Ensure compliance with Know Your Customer (KYC) requirements and adhere to all relevant banking regulations.
• Prepare daily treasury reports in close coordination with the Treasury Supervisor.
• Generate periodic bank control reports and actively follow up on uncleared transactions, including contingent liabilities and outstanding loans.

Qualifications and Requirements

• A Bachelor's degree in Finance, Accounting, or a closely related field is required.
• While the role is designed for individuals with 0-1 years of experience, a general requirement of 1-3 years in treasury is also indicated for the position.
• Proficiency in the English language is essential for effective communication and documentation.

Required Skills

• Strong proficiency in Microsoft Excel, including advanced functions such as pivot tables, formulas, and data analysis.
• Familiarity with banking systems and a solid understanding of trade finance instruments, including Payments, Letters of Credit, and Bank Guarantees.
• Excellent communication skills, enabling effective coordination with both internal departments and external stakeholders.
• A high degree of integrity and the ability to manage confidential and sensitive financial data with utmost discretion.

Work Environment

This is a full-time position located in Riyadh, Saudi Arabia.

About the Role

Trading and Development Partnership is seeking a detail-oriented Accountant to join their team in Riyadh, Saudi Arabia. This full-time position focuses on managing banking operations, ensuring accurate financial record-keeping, and supporting the company's treasury functions. The successful candidate will play a key role in executing payments, reconciling bank accounts, and coordinating statutory requirements with financial institutions.

Key Responsibilities

• Define payment execution banks and funds receipts in collaboration with the Treasury Operations Manager for various projects and departments.
• Develop a comprehensive banks payment plan for vendor payments, subject to approval by the Treasury Operations Manager.
• Execute approved supplier payments through internet banking or manual forms.
• Obtain and circulate payment receipts internally or to vendors as required.
• Manage the application process for Letters of Guarantee (LGs) and Letters of Credit (LCs) with banks and relevant stakeholders.
• Ensure sufficient funds are available for loan installment payments and interest charges.
• Review bank statements for installments and interest charges against treasury reports.
• Update loan reports based on actual figures from bank statements and circulate monthly updated reports.
• Request and download bank account statements from banks or banking portals.
• Perform bank reconciliations, identify variances, and make necessary adjustments to records.
• Create monthly closing journal entries for bank expenses, foreign exchange differences, interest expenses, and loan installments.
• Communicate bank reconciliation variances and open items to the Treasury Operations Manager.
• Implement system adjustments based on any reconciliation variations.
• Manage cheque book activities, including processing cheque book requests, maintaining a cheque book register, and liaising with the bank.
• Notify the Treasury Operations Manager and relevant teams (AR, Projects, client-facing departments) in case of customer cheque rejection.
• Handle communication with the bank for opening and closing bank accounts.
• Provide financial and non-financial documents to the bank as requested.
• Prepare documentation and breakdowns for the GL team regarding periodic financial position, for external auditors for annual financial statements, or for tax advisors for tax reporting and inspection.
• Generate monthly Bank Reconciliation Reports, Loan Utilization Reports using actual figures, and daily Bank Position Reports for review by the Treasury Operations Manager.
• Generate ad-hoc Banks commission reports and identify potential savings opportunities.
• Comply with the sections' documented policies and procedures.

Qualifications and Requirements

• Bachelor's degree in Accounting or Finance.
• 2-5 years of experience in accounting, preferably within the same industry.
• Valid membership with the Saudi Organization for Chartered and Professional Accountants (SOCPA).

Required Skills

• Strong knowledge of ERP systems, with a preference for Oracle Fusion, SAP, and/or MS Dynamics.
• Advanced Microsoft Office skills.
• High accuracy and attention to detail.
• Good analytical and organizational capabilities.
• Solid understanding of Generally Accepted Accounting Principles (GAAP) and/or International Financial Reporting Standards (IFRS).
• Good command of spoken and written English.

Work Environment

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

About the Role

The incumbent of this position works as a Senior Analyst in CFO Excellence within the Financial and Strategic Consulting (CFS) team at The Boston Consulting Group (BCG). Joins a global team specializing in delivering value to clients in all aspects of CFO-related products and opportunities, including value creation strategies, performance management, digital finance, and fostering a flexible and agile work culture within finance functions. The role focuses on addressing core issues such as defining the optimal role of the finance organization, transforming finance functions for efficiency and effectiveness, controlling finance costs, enabling informed decision-making, facilitating value creation, and supporting corporate planning decisions, including aligning corporate, financial, and investor strategies. The work location is in Riyadh, Saudi Arabia, and the employment type is full-time.

Key Responsibilities

• Work on client projects as a subject matter expert to support core consulting teams, providing in-depth domain expertise to identify and analyze client challenges.
• Provide tailored best practice knowledge as a domain expert to address critical client issues.
• Develop solutions to enhance client performance and chart a path for continuous improvement.
• Demonstrate excellent communication skills and high-quality analytical capabilities, with the ability to deliver client-ready analyses and insights.
• Collaborate with topic teams to develop and maintain new knowledge materials related to CFO Excellence topics, based on emerging trends and gaps identified by consulting teams.
• Build tools, conduct analyses, and generate insights to drive new ways of thinking and problem-solving across the topic area.
• Own and lead the successful completion of modules within client projects.
• Generate insights during team discussions to frame and structure client issues.
• Deliver solutions to problems and drive improvements across client organizations.
• Enhance client deliverables by conducting high-quality analyses and applying sound business judgment.
• Propose alternative or additional analyses to expand the original scope and deliver new insights.
• Demonstrate strong slide writing and storytelling skills to generate client-ready materials.
• Communicate clearly, concisely, and confidently during discussions with project teams, workshops with client teams, and presentations of analyses and findings to clients.
• Develop effective relationships with senior project leadership to build strong demand for repeat hiring as a subject matter expert.
• Support proposal development by guiding consulting teams on transformation approaches, BCG capabilities, past case studies, and expert identification.
• Build and update customized knowledge products related to the topic.
• Maintain consistency of knowledge management databases.
• Review knowledge products to ensure their currency and relevance, updating them as needed.
• Write summaries and indexes for projects and practice documents.
• Assist in intellectual property development projects for the practice area, including studies, articles, and other publications.

Qualifications and Requirements

• Minimum of 5 years of relevant work experience in at least one of the following areas: Management Consulting, Financial Management, Controlling and Reporting, Treasury, Accounting and Auditing, Corporate Development, Corporate Finance, or other equivalent fields.
• Master's degree in Business Administration, Corporate Finance, Accounting, Mathematics, or a related field, with an outstanding academic record, or a CPA certification with a background in management consulting.
• Familiarity with financial and non-financial benchmarking analyses, including analyses related to profitability, capital structure, liquidity, and cash flow performance.
• In-depth and comprehensive experience in at least two of the finance process towers, such as: Record to Report, Order to Cash, Procure to Pay, Financial Planning & Analysis, Cash & Banking / Treasury, Payroll, or Fixed Assets.
• Experience and/or knowledge related to at least one of the following areas: Finance Organization (including shared services), Finance Transformation, External and Internal Reporting, Corporate Governance, Performance Management, Planning, Budgeting, and Forecasting, or Corporate Risk Management.
• Confident client presence and strong relationship-building skills.
• Effective written and verbal communication skills.
• Strong analytical and problem-solving skills.
• Strong work ethic and a service-oriented mindset.
• Ability to multitask in a fast-paced environment.
• Strong interpersonal skills and the ability to build credibility.
• Ability to work as a collaborative team player and proactively initiate work.
• Ability to maintain confidentiality when necessary.
• Proficiency in Arabic.

Core Competencies

• Finance Organization
• Finance Transformation
• External and Internal Reporting
• Corporate Governance
• Performance Management
• Planning, Budgeting, and Forecasting
• Corporate Risk Management
• Financial Benchmarking Analysis
• Non-Financial Benchmarking Analysis
• Profitability Analysis
• Capital Structure Analysis
• Liquidity Analysis
• Cash Flow Performance Analysis
• Record to Report
• Order to Cash
• Procure to Pay
• Financial Planning and Analysis
• Cash & Banking / Treasury
• Payroll
• Fixed Assets
• Communication
• Analytical Skills
• Problem Solving
• Client Presence
• Relationship Building
• Written Communication
• Verbal Communication
• Work Ethic
• Service-Oriented Mindset
• Multitasking
• Interpersonal Skills
• Teamwork
• Proactive Initiative
• Confidentiality

Work Environment and Location

The Vantage team, composed of functional and/or industry experts, works to empower case teams and clients through specialized knowledge. Vantage team members contribute to the development of intellectual property (IP) and leading data tools to deliver in-depth insights. Vantage team members have the opportunity to work on cases and contribute to the creation of shared insights with case teams and clients through expert perspectives on industry trends, providing proprietary data or tools in a specific function, and conducting complex research and analysis for market intelligence. Team members also support business development and proposal efforts for practice areas, and assist in organizing and codifying knowledge that enables BCG to deliver superior business value to its clients. The work location is in Riyadh, Saudi Arabia.

About the Role

Kingston Stanley is partnering with a leading international law firm to recruit a brand new position, Revenue Controller, in Riyadh, Saudi Arabia. This role plays a vital part in supporting partners across the Middle East through comprehensive financial management of legal affairs.

The successful candidate will primarily contribute to enhancing financial performance, ensuring compliance, and optimizing revenue streams within the firm's operations. This is a full-time opportunity offering a competitive salary range.

Key Tasks and Responsibilities

• Provide essential support to partners across the Middle East, focusing on financial management of cases, in-depth profitability analysis, strategic billing strategies, and overall revenue optimization.
• Continuously monitor the financial performance of legal cases, preparing detailed revenue-related reports and in-depth analyses.
• Proactively lead the recovery of outstanding invoices and implement strategies to effectively minimize aged debt.
• Support and streamline billing processes, manage financial client relationships, and contribute to working capital objectives.
• Build and maintain strong, collaborative relationships with partners and key stakeholders to foster improved revenue performance and ensure robust financial compliance.

Qualifications and Experience Required

• Proven prior experience as a Revenue Controller, or in roles focusing on Working Capital, Billing, or Revenue Management specifically within a law firm environment.
• A strong, practical understanding of Work in Progress (WIP), billing cycles, collection procedures, and broader legal finance operations.

Core Skills

• Revenue control and management
• Working capital management
• Billing operations
• Revenue optimization
• Work in Progress (WIP) management
• Collections and debt recovery
• Legal finance operations
• Financial management
• Profitability analysis
• Development of billing strategies
• Client financial management
• Achieving working capital targets
• Financial compliance

Job Details

Location: Riyadh, Saudi Arabia

Job Type: Full-time

Experience Required: 2-5 years

Salary: SAR 24,000 - 28,000 per month

Candidates currently residing outside of Saudi Arabia and willing to relocate are encouraged to apply.

How to Apply

Please apply directly or send your updated CV to e@**********************, using "Revenue Controller" as the reference in the email subject line. Due to the expected high volume of applications, only shortlisted candidates will be contacted.

About the Role

Dr Scent SA is seeking a highly skilled and experienced Senior Accountant to join its Finance department. This pivotal role, based in Riyadh, Saudi Arabia, involves overseeing daily accounting operations, ensuring the accuracy and integrity of financial records, maintaining statutory compliance, and facilitating timely financial reporting. The Senior Accountant will support strategic financial decisions and drive operational efficiency.

Key Responsibilities

• Prepare accurate and comprehensive financial statements, including balance sheets and profit and loss statements.
• Analyze financial data to identify discrepancies, trends, and insights for management decisions and strategic planning.
• Maintain and reconcile the general ledger and subsidiary accounts, performing monthly reconciliations.
• Coordinate internal and external audits, prepare necessary documentation, and ensure adherence to GAAP, tax regulations, and company policies.
• Assist in budget and financial forecast preparation, and conduct cost analysis.
• Supervise and mentor junior accounting staff, delegating responsibilities and providing guidance.
• Manage daily accounting operations, including accounts payable, accounts receivable, payroll processing, and cash flow management.
• Identify and recommend opportunities for cost reduction, revenue enhancement, and process improvements.
• Collaborate with other departments to align financial processes with business objectives.

Qualifications and Requirements

• Bachelor's degree in Accounting.
• A minimum of 5-10 years of progressive experience in accounting roles, with significant time in a senior capacity.
• Prior experience in managing multi-branch operations is highly preferred.
• Demonstrated proficiency in accounting principles, financial reporting, Value Added Tax (VAT) regulations, and internal controls.
• Proven expertise in accounting software and Enterprise Resource Planning (ERP) systems.
• Advanced Microsoft Excel skills and a strong working knowledge of Microsoft Word are essential.
• Exceptional analytical, organizational, and problem-solving skills.
• The ability to effectively supervise staff, manage multiple deadlines, and perform under pressure.
• Fluency in Arabic is a mandatory requirement for this position.

Required Skills

• Financial Reporting
• Financial Analysis
• General Ledger Management
• Account Reconciliation
• Audit Coordination
• Compliance Management (GAAP, Tax Regulations, Company Policies)
• Budgeting and Financial Forecasting
• Cost Analysis
• Team Leadership and Supervision
• Accounts Payable and Receivable Management
• Payroll Processing
• Cash Flow Management
• Process Improvement Identification
• Cross-Departmental Collaboration
• Accounting Software / ERP Systems Proficiency
• Advanced Microsoft Excel
• Microsoft Word Proficiency
• Strong Analytical Skills
• Excellent Organizational Skills
• Effective Problem-Solving Skills
• Staff Supervision
• Deadline Management
• Ability to Work Under Pressure

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia. The Senior Accountant will report directly to the Finance Manager.

About the Collection Officer Role

AlJammaz Technologies is seeking a proactive and detail-oriented Collection Officer to join our team in Riyadh, Saudi Arabia. This full-time position is crucial for managing daily collections activities, ensuring the timely recovery of outstanding balances, and maintaining accurate customer records. The Collection Officer will play a key role in supporting the company's cash flow and strengthening customer relationships, all while aligning with overarching business and finance objectives.

Key Responsibilities

• Follow up with customers on overdue payments to drive timely collections and minimize outstanding balances.
• Negotiate payment plans with customers in accordance with established company policies and procedures.
• Maintain accurate and up-to-date records of all collection activities and customer communications.
• Resolve billing and payment disputes effectively by coordinating with relevant internal teams.
• Reconcile customer accounts to ensure the accuracy of balances and identify any discrepancies.
• Collaborate closely with the Finance, Sales, and Call Center teams to enhance overall collection performance.
• Update and maintain AR aging reports, highlighting critical overdue accounts for management review.
• Ensure strict compliance with company policies and escalation procedures throughout the collection process.

Qualifications and Requirements

• A Bachelor's degree in Finance, Accounting, Business Administration, or a related field is required.
• A minimum of 2 to 3 years of experience in collections, accounts receivable (AR), or a similar finance-related role is necessary.
• Native Arabic speaker with good proficiency in English.

Required Skills and Proficiencies

• Strong communication and negotiation skills are essential for interacting with customers and resolving payment issues.
• Proficiency in ERP systems, with a preference for D365, and advanced knowledge of MS Excel for data analysis and reporting.
• Excellent follow-up and problem-solving abilities to address collection challenges effectively.
• A detail-oriented approach with a high level of accuracy in record-keeping and account reconciliation.
• A customer-focused attitude with a professional demeanor in all interactions.
• Proven ability to be a team player with a proactive mindset, contributing positively to departmental goals.

Work Location and Experience

This is a full-time position based in Riyadh, Saudi Arabia. The ideal candidate will have 2-5 years of relevant experience in a collections or accounts receivable capacity.