محاسب خزينة

Job description

Cash Management & Liquidity:

- Prepare and distribute the daily bank position report covering all company accounts and entities.

- Maintain a rolling 13-week cashflow forecast, reconcile actual cash flows monthly, and provide explanations for significant variances.

- Prepare Cash In and Cash Out reports and monthly liquidity and funding requirement reports for the CFO and management.

- Plan funding requirements for new outlets and projects, including fit-out, capital expenditure, and working capital requirements.

- Monitor daily collections and receivable inflows against forecasted cash receipts.

- Coordinate with Operations, Sales, and Accounts Receivable teams to support timely collections and maintain adequate liquidity.

Banking & Financial Facilities:
- Manage relationships with banks and financial institutions and coordinate day-to-day banking requirements.

- Monitor banking facilities, credit limits, guarantees, renewals, and related documentation.

- Support negotiation of banking pricing, fees, terms, and facilities in coordination with the Treasury Supervisor & CFO.

- Coordinate fund transfers, foreign payments, and foreign exchange transactions.

- Monitor foreign exchange exposure related to imported supplies and international payments.

- Maintain updated bank mandates and authorized signatory records.

- Monitor loan facilities, overdrafts, Murabaha arrangements, principal repayments, interest schedules, and applicable bank covenant requirements.

Payment Governance & Financial Controls:
- Consolidate the daily payment schedule against available cash balances and approved authorization limits.

- Submit payment schedules for appropriate management approval in accordance with the company's delegation of authority.

- Maintain and regularly update the payment approval matrix, bank account register, and treasury procedures.

- Review supplier ageing and recommend payment prioritization based on contractual obligations, operational criticality, and available cash resources.

- Ensure all payments are supported by appropriate documentation and approvals.

- Support internal and external audits by providing bank confirmations, reconciliations, payment records, and treasury documentation.

- Maintain a statutory payment calendar covering VAT, WHT, GOSI, payroll, and other regulatory obligations to ensure timely settlement.

Bank Reconciliation & Accounting:
- Prepare daily/monthly bank reconciliations and investigate and resolve outstanding items.

- Prepare SIFI statement reconciliation and ensure accurate posting in SAP.

- Ensure all treasury-related transactions are accurately recorded in the accounting system.

- Monitor unidentified bank transactions and coordinate with relevant departments for timely resolution.

- Maintain accurate records of banking activities, transfers, deposits, withdrawals, and related documentation.

Daily Payments & Transaction Processing:
- Process approved daily payments, including petty cash requests, government payments, supplier payments, project payments, employee vacation and final settlements.

- Release approved payments through authorized bank portals in accordance with company policies.

- Share payment/transfer slips with relevant requestors and maintain appropriate records.

- Prepare monthly supplier ageing reports and vendor account reconciliations.

- Prepare monthly withholding tax reports and coordinate timely payment.

- Process petty cash disbursements in accordance with approved controls.

- Perform month-end petty cash confirmations with designated petty cash holders.

- Handle cash deposits and withdrawals and maintain complete supporting records.

Payroll & Employee Payments:
- Prepare the payroll bank file (TXT) in coordination with HR.

- Process approved salary disbursements through the company's banking platforms.

- Ensure payroll payments are released accurately and within approved timelines.

- Process employee vacation settlements, final settlements, and other approved employee-related payments.

Time Sheet & Administrative Treasury Responsibilities:
- Act as the designated Time Sheet Owner, ensuring timely and accurate completion and submission of timesheet-related requirements.

- Maintain organized treasury records and supporting documentation.

- Ensure confidentiality of banking information, payment details, account information, and financial data.

Reporting & Management Support:
- Provide regular treasury and cash-flow reports to the Treasury Supervisor and CFO.

- Highlight significant cash-flow movements, liquidity risks, funding requirements, and payment priorities.

- Provide analysis and recommendations to support effective cash management and financial decision-making.

- Support management in monitoring working capital and optimizing the timing of cash inflows and outflows.

RequirementsQualifications and Experience:

- Chartered Accountant or equivalent professional qualification such as ACCA, CA, CMA, or equivalent.

- Minimum 5–8 years of experience in treasury, cash management, or senior accounting roles.

- Experience in a multi-branch F&B, retail, contracting, or similar high-volume transaction environment is preferred.

- Hands-on experience with SAP, particularly bank reconciliation and payment processing.

- Strong experience in cash-flow forecasting and financial modelling.

- Working knowledge of Saudi banking practices, banking facilities, and online bank portals.

Job Specific Skills:
- Strong knowledge of treasury and cash management principles.

- Advanced Microsoft Excel skills with the ability to develop and maintain cash-flow models.

- Strong SAP skills related to bank reconciliation, payment runs, and financial transactions.

- Knowledge of supplier ageing, vendor reconciliation, payment processing, and statutory payments.

- Understanding of Saudi banking practices and payment processes.

- Strong financial analysis and reporting skills.

- Good knowledge of foreign payments and FX transactions.

- Strong negotiation and stakeholder management skills.

- Must have valid driving license.

Competencies:
- Strong control mindset and attention to detail.

- High level of accuracy in cash-flow forecasting and financial reporting.

- Strong analytical and problem-solving skills.

- Integrity, confidentiality, and professional discretion.

- Ability to challenge payment requests and enforce financial controls.

- Strong organizational and task-prioritization skills.

- Ability to work effectively under pressure and meet strict payment deadlines.

- Excellent communication and interpersonal skills.

- Proactive approach to identifying liquidity risks and impr

Preferred candidate

Years of experience

No experience required

Degree

Bachelor's degree / higher diploma