Treasury Accountant

Role Purpose

The Treasury Accountant is responsible for supporting daily treasury operations managing banking transactions monitoring cash flow and ensuring timely processing of payments and collections. The role contributes to maintaining accurate treasury records preparing reports and ensuring compliance with company policies while coordinating with Finance and other internal stakeholders.

Key Responsibilities

Cash Management

• Monitor daily cash balances and support the management of the companys liquidity requirements.
  
• Track daily cash inflows and outflows and prepare cash position reports.
  
• Assist in preparing short-term cash flow forecasts.
  
• Support working capital management activities.
  

Banking Operations

• Process bank transfers payments deposits and other banking transactions accurately and on time.
  
• Prepare and submit banking documentation including account opening and maintenance requirements.
  
• Coordinate with banks on routine operational matters.
  
• Perform bank reconciliations and resolve any discrepancies promptly.
  

Treasury Operations

• Record treasury transactions accurately in the ERP/accounting system.
  
• Ensure treasury documentation is complete and properly maintained.
  
• Coordinate with Accounts Payable Accounts Receivable and the General Ledger team to ensure accurate recording of treasury transactions.
  
• Support the implementation and adherence to treasury policies and internal controls.
  

Reporting

• Prepare daily weekly and monthly treasury reports.
  
• Assist in monitoring cash flow trends and highlighting variances.
  
• Support management by providing treasury-related reports and analysis.
  
• Assist with audit requests by providing treasury documentation and reports.
  

Compliance

• Ensure compliance with company policies banking requirements and financial procedures.
  
• Maintain the confidentiality of financial and banking information.
  
• Identify and report any unusual treasury transactions or operational issues.
  

Requirements

Qualifications

• Bachelors degree in Accounting Finance Commerce or a related field.
  
• 23 years of experience in Treasury Finance or Accounting.
  
• Good understanding of banking operations cash management and financial processes.
  
• Exposure to General Ledger (GL) accounting is preferred.
  
• Experience with ERP systems is an advantage.
  
• Proficiency in Microsoft Excel and Microsoft Office.
  

Key Competencies at Naqla

• Lead Change: Contribute to improving treasury processes and supporting automation initiatives
  
• Think Critically: Analyze cash flow trends and proactively identify potential liquidity risks.
  
• Communicate Clearly:Collaborate effectively with banks finance teams and internal stakeholders.
  
• Create Accountability: Ensure accuracy compliance and timely execution of treasury operations