Treasury Specialist Jobs in Saudi Arabia

About the Role

SEK International Schools is seeking a dedicated Finance Officer to manage the day-to-day financial operations of its new school in Al Wajh, Tabuk, Saudi Arabia. This role is essential for overseeing income and expenditure, maintaining accurate financial records, ensuring compliance with Saudi regulations, and providing financial information to support strategic decision-making. As the sole finance professional on-site, you will collaborate closely with the Head of School and Project Manager, with support available from the wider SEK finance network across Saudi Arabia. This position is particularly vital in a startup school environment where robust financial systems, accuracy, and control are paramount.

Key Responsibilities

• Manage all school income processes, including issuing invoices and fee statements, tracking payments from families, and following up on late or missing payments.
• Maintain accurate records of all family payments and outstanding balances.
• Collaborate with the Admissions Officer to confirm payment status prior to student enrollment and ensure alignment between admissions decisions and financial compliance.
• Ensure the school's fees policy is correctly applied and consistently communicated to all stakeholders.
• Process payments to suppliers and service providers in a timely and controlled manner.
• Maintain clear and well-organized records of all invoices, contracts, payments, and commitments.
• Track expenditure and provide clear financial information to those responsible for budgetary decisions.
• Ensure all financial data is accurate, up-to-date, and easily accessible for reporting and auditing purposes.
• Prepare regular financial reports, such as monthly statements, detailing income received, expenditure to date, and remaining available budget.
• Provide reliable financial information to school leadership to support planning and decision-making.
• Ensure financial records are prepared and maintained to support annual accounts and internal and external audits.
• Support compliance with relevant Saudi financial and regulatory requirements, including invoicing and VAT where applicable.
• Assist with company registrations, licenses, and official financial filings, coordinating with the Project Manager and external advisors.
• Adhere to SEK group financial standards and protocols, adapting proven systems from sister schools.
• Manage the school's local accounting systems, building on established practices from the sister school.
• Coordinate with the SEK Riyadh finance team to seek guidance, escalate issues, and ensure alignment across the organization.
• Work closely with colleagues in admissions, operations, and leadership to ensure financial processes effectively support school needs.

Qualifications and Requirements

• A formal qualification in accounting or finance (degree or professional qualification required).
• Approximately 5-10 years of relevant experience in a finance or accounting role.
• Strong understanding of financial operations, controls, and reporting.
• Experience working within a Saudi context is highly desirable.
• A clear, methodical approach with strong attention to detail.
• Ability to explain financial information clearly to non-financial colleagues.
• Comfortable working independently while also collaborating effectively across teams.
• English is required as the working language.
• Arabic is a significant advantage.
• Saudi national is preferred.

Required Skills

• Financial Operations Management
• Financial Records Management
• Saudi Regulations Compliance
• Financial Reporting
• Budgetary Decision Support
• Accounting Systems Management
• Attention to Detail
• Clear Financial Communication
• Independent Work
• Collaboration

Work Environment

This is a full-time position based in Al Wajh, Tabuk, Saudi Arabia. Joining SEK International Schools offers a key role in the successful launch and operation of a new international school, providing an opportunity to build robust financial systems from the outset. You will benefit from the support and guidance of an established SEK finance network and work within a professional environment as part of a fast-developing educational project.

At SEK Education Group, technology tools with artificial intelligence capabilities are used to support recruitment processes, including managing communications and organizing applications. All decisions regarding applications are made by a member of the team. For more information, please refer to the privacy policy: http://*****************************

About the Treasury Specialist Role

Tuwaiq Casting & Forging Company is seeking a dedicated Treasury Specialist to join its FP&A department. This full-time position, based in Dammam, Eastern Province, Saudi Arabia, is integral to managing the company's treasury operations. The role focuses on ensuring efficient liquidity management, maintaining strong banking relationships, and supporting both operational and strategic financial needs through meticulous cash flow monitoring, effective debt management, and robust treasury controls.

Key Responsibilities

• Monitor daily cash balances and overall liquidity across all company bank accounts.
• Prepare comprehensive cash flow forecasts to support liquidity planning for operational and strategic initiatives.
• Track cash inflows and outflows to optimize cash utilization and working capital management.
• Manage daily treasury activities including payments, transfers, reconciliations, and cash settlements.
• Process payment transactions accurately through the ERP system and bank portals, adhering to approved authorities and internal controls.
• Coordinate with relevant internal departments for effective payment planning and execution.
• Ensure proper recording and reconciliation of all treasury transactions within ERP systems.
• Maintain strong relationships with banks, lenders, and other financial institutions.
• Coordinate the management of banking facilities, including loans, overdrafts, guarantees, letters of credit, and corporate cards.
• Manage all necessary bank documentation, mandates, signatories, KYC requirements, and online banking access.
• Monitor financing facilities, debt schedules, repayment obligations, and ensure compliance with financial covenants.
• Liaise with lenders regarding reporting requirements, disbursements, and repayments.
• Support the preparation of treasury-related reports and financing documentation.
• Assist in monitoring receivables, payables, and inventory from a liquidity perspective.
• Collaborate with internal stakeholders to improve cash conversion cycles and payment terms.
• Monitor liquidity, foreign exchange, interest rate, and covenant risks.
• Ensure adherence to treasury policies, banking agreements, and internal controls.
• Prepare regular treasury, liquidity, debt, and cash flow reports for management and lenders.
• Support management reporting, dashboards, and variance analysis related to treasury activities.
• Contribute to the improvement of treasury processes, controls, automation, and ERP workflows.
• Maintain accurate treasury master data and banking information within ERP and banking systems.
• Ensure all treasury activities comply with company policies and relevant regulatory requirements.
• Support audit requirements and maintain proper treasury documentation and approval records.

Qualifications and Experience

• Bachelor's degree in Finance, Accounting, or a related field.
• 4 to 7+ years of experience in treasury, banking operations, or corporate finance, preferably within a manufacturing or industrial environment.
• Strong experience in managing banking relationships, payment operations, financing facilities, and cash flow management.
• Good understanding of loans, banking facilities, guarantees, letters of credit, and financing covenants.
• Proven experience in supporting senior management through treasury reporting and liquidity analysis.

Required Skills and Proficiencies

• Proficiency in ERP systems, with a preference for Microsoft Dynamics 365 Finance & Operations or similar.
• Experience using corporate online banking platforms and payment workflows.
• Advanced Excel skills for financial modeling and reporting.
• Strong treasury reporting capabilities.
• Proficiency in Microsoft PowerPoint for presentations.
• Excellent communication and coordination skills, with the ability to manage relationships effectively with banks, lenders, and internal stakeholders.
• Good negotiation and follow-up skills when dealing with banks and financing counterparties.
• Strong attention to detail with a high level of accuracy and a robust control mindset.
• Good understanding of internal controls, segregation of duties, and treasury governance practices.

Role Context

This is a full-time position based in Dammam, Eastern Province, Saudi Arabia. The Treasury Specialist will serve as a primary point of contact with banks and lenders, overseeing daily banking activities and ensuring compliance with reporting obligations and financial covenants.

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 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

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 Role

Salt Company announces its need to fill the position of Finance Consultant on an immediate contract basis, targeting Saudi citizens. The incumbent works for the company's client, a leading global company operating in the Kingdom of Saudi Arabia, focusing on providing specialized expertise in Value Added Tax (VAT) to ensure compliance and optimize financial processes related to indirect taxes.

Job Responsibilities

• Interpreting and understanding accounting and tax compliance requirements, with a particular focus on VAT and withholding taxes.
• Developing and writing Business Requirements Documents (BRDs) to clarify financial and tax needs.
• Mapping and documenting current and proposed workflows related to finance and taxes.
• Coordinating with cross-functional teams to gather information and implement solutions.
• Ensuring adherence to accounting rules and workflows within the organization.
• Providing specialized guidance on input and output VAT regulations.
• Advising on withholding tax rules and their implications.
• Leveraging practical experience with VAT systems in GCC countries.
• Utilizing knowledge of accounting systems such as Oracle Financials.
• Understanding and working with various transaction systems including loan systems, trade finance, and treasury.

Required Qualifications and Experience

• Extensive experience in the banking sector.
• Good understanding of accounting rules and workflows.
• Good understanding of VAT (input and output) and withholding tax rules.
• Proven ability to interpret and understand accounting and tax compliance requirements.
• Strong skills in writing Business Requirements Documents (BRDs) and process mapping.
• High analytical skills and attention to detail.
• Excellent communication skills.
• Proven experience working with cross-functional teams.
• University degree in Accounting, Finance, or Information Systems.
• Minimum of 8 years of experience in banking, accounting, finance, indirect tax, or Enterprise Resource Planning (ERP) systems.
• Practical experience with VAT systems in GCC countries.
• Knowledge of accounting systems (*, Oracle Financials) and transaction systems (*, loan systems, trade finance, treasury).

Core Skills

• Value Added Tax (VAT)
• Accounting rules and workflows
• Withholding tax rules
• Accounting and tax compliance requirements
• Business Requirements Document (BRD) writing
• Process mapping
• Analytical skills
• Attention to detail
• Communication skills
• Collaboration with cross-functional teams
• Banking sector experience
• Knowledge of indirect taxes
• Enterprise Resource Planning (ERP) systems
• GCC VAT systems
• Accounting systems (*, Oracle Financials)
• Transaction systems (*, loans, trade finance, treasury systems)

Additional Information

Professional certifications such as CA, CPA, ACCA, or CIMA are an added advantage. The work location is Jeddah, Makkah Al-Mukarramah, Kingdom of Saudi Arabia, and the employment type is contract.

About the Treasury Analyst Role

Saleh & Abdulaziz Abahsain Co. is seeking a detail-oriented and analytical Treasury Analyst to join our team in Al Khobar, Eastern Province, Saudi Arabia. This full-time position is crucial for supporting the organization's treasury operations. The successful candidate will play a key role in monitoring cash flow, managing banking activities, preparing essential treasury reports, and ensuring strict adherence to treasury policies and internal controls. This role demands strong financial analysis capabilities, meticulous attention to detail, and the ability to foster effective working relationships with both banking partners and internal stakeholders.

Key Responsibilities

• Monitor daily bank transactions and perform comprehensive monthly bank reconciliations to ensure accuracy.
• Oversee cash flow and liquidity positions to guarantee sufficient funding for all operational needs.
• Prepare and accurately record treasury-related journal entries in a timely manner.
• Assist in crucial cash forecasting, budgeting, and liquidity planning activities.
• Ensure strict compliance with established internal controls, treasury policies, and financial procedures.
• Support internal and external treasury audits and fulfill all reporting requirements.
• Maintain and cultivate effective relationships with banks and other financial institutions.
• Process payments, transfers, and fund movements in strict accordance with company policies and procedures.
• Prepare detailed monthly, quarterly, and annual treasury reports and analyses.
• Contribute to the development, implementation, and enhancement of treasury policies and procedures.
• Assist with foreign exchange transactions, hedging activities, and risk management initiatives.
• Reconcile intercompany accounts related to treasury activities and investigate any discrepancies.

Qualifications and Experience

• Bachelor's degree in Finance, Accounting, Economics, or a closely related field.
• A minimum of 2 to 5 years of relevant experience in treasury, finance, accounting, or a similar functional area.
• A strong understanding of cash management principles, banking operations, and financial controls.
• Proficiency in Microsoft Excel and experience with financial reporting tools.

Required Skills

• Cash Management
• Banking Operations
• Financial Controls
• Treasury Management Systems (preferred)
• ERP Platforms (preferred)
• Microsoft Excel
• Financial Reporting Tools
• Foreign Exchange Transactions (advantageous)
• Hedging Instruments (advantageous)
• Analytical Skills
• Organizational Skills
• Problem-Solving Skills

Location and Work Type

This is a full-time position based in Al Khobar, Eastern Province, Saudi Arabia.

About the Role

Front End Limited Company is seeking a Financial Operations Specialist to join its team in Al Khobar, Saudi Arabia. This role is fundamental to rebuilding and expanding our financial functions, with a primary focus on managing day-to-day operations related to accounts payable, payments, and financial administrative workloads. The goal is to ensure vendors are processed and paid accurately and on time, in full compliance with Saudi regulatory requirements, to maintain continuous and disciplined financial operations, and to enable the Financial Controller to focus on accounting, controls, and reporting.

Key Tasks and Responsibilities

• Receive, verify, and classify vendor invoices, including general ledger accounts, cost centers, and project/work breakdown structures (WBS), and process them within Front End's Enterprise Resource Planning (ERP) system.
• Perform three-way matching of invoices against purchase orders and goods received notes, investigating and resolving any discrepancies in pricing, quantities, or taxes.
• Verify that vendor tax invoices comply with the Zakat, Tax and Customs Authority (ZATCA) e-invoicing requirements and VAT coordination, ensuring all necessary fields are present in Arabic, tax registration numbers, QR codes, and required invoice elements before posting.
• Manage the invoice approval workflow and maintain an up-to-date accounts payable inbox, aging reports, and accruals.
• Prepare local and international (multi-currency) payments for review and approval, including payments for imported marine and heavy equipment.
• Process payments through Saudi bank portals and provide support for Wage Protection System (WPS) payments via the Mudad/Bank platform as needed.
• Adhere to segregation of duties by preparing payments for approval and never self-approving, and implementing independent verification for any changes to vendor banking details.
• Maintain accurate vendor master data and onboard new vendors by collecting valid Commercial Registration (CR), VAT certificate, bank letter, and other required documentation.
• Reconcile vendor statements, professionally manage vendor inquiries, and support vendor onboarding on customer/agent procurement portals such as Aramco, SABIC, and the Public Investment Fund (PIF).
• Track import documentation and customs clearance papers for capital asset and heavy equipment purchases, coordinating closely with the logistics team and Financial Controller.
• Maintain complete and audit-ready records to support VAT returns, ZATCA filings, Withholding Tax (WHT) deductions on cross-border payments, and the annual Zakat/Corporate Income Tax return.
• Assist the Financial Controller in preparing data for submission and reconciliation with government portals including ZATCA, the General Organization for Social Insurance (GOSI), and the Qiwa and Mudad platforms.
• Assist in ensuring invoices, contracts, and payments comply with internal controls and anti-bribery/corruption standards expected by Front End and its Tier 1 clients.
• Manage employee expense claims, petty cash, and maintain organized filing and document control in both Arabic and English.
• Support the accounts payable month-end close, prepare accrual schedules, and perform account reconciliations.
• Provide additional support to the Financial Controller and the broader finance function as needed.

Qualifications and Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• 2 to 5 years of experience in accounts payable or financial operations, preferably within the engineering, energy, industrial, contracting, or heavy asset-intensive sectors in Saudi Arabia.
• Hands-on experience with Oracle NetSuite is highly preferred; experience with a similar ERP system will be considered.
• Practical and up-to-date knowledge of Saudi VAT requirements and ZATCA e-invoicing.
• Exposure to Zakat/WHT, GOSI, and WPS is a strong advantage.
• Proficiency in both Arabic and English is required, with Arabic being essential for ZATCA-compliant invoices and interactions with government portals.
• Progress towards a professional qualification such as SOCPA, ACCA, CMA, or equivalent is a positive addition and will be supported by the company.
• Familiarity with the Saudi regulatory framework, including current VAT rates, correct treatment of supplies, input and output VAT, ZATCA e-invoicing (Phase 1 & 2 integration), Zakat (* for Saudi/GCC ownership) and Corporate Income Tax (20% on foreign-owned share), WHT rates and exemptions, GOSI contributions, and labor/employment platforms like Qiwa, Mudad, and Saudization/Nitaqat obligations.
• Knowledge of corporate and banking requirements, including Commercial Registration (CR), Chamber of Commerce, Know Your Customer (KYC) documentation for vendors, and Saudi banking payment portals.

Required Skills

• High accuracy and strong attention to detail.
• Discipline in processes.
• Strong Excel skills.
• Comfortable with digital finance tools and government portals.
• Understanding of internal controls and segregation of duties.
• Knowledge of fraud prevention basics.
• Organizational skills.
• Initiative and a proactive approach.
• Reliability, especially under month-end pressure and deadlines.
• Professional communication skills with vendors, banks, and internal stakeholders.
• High integrity.

Additional Information

This is a full-time position based in Al Khobar, Eastern Province, Saudi Arabia.

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.

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.