Treasury Junior Accountant

Alkhorayef Petroleum Company; Dammam; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading oil and gas company in Dammam is seeking a finance professional to manage daily operations with banks, including cash transactions and bank statement analysis. Candidates must have a Bachelor's degree in finance or accounting and SOCPA membership. This role involves preparing financial reports and following up on banking inquiries.

Qualifications

• Bachelor's degree in a relevant field is required.
• Basic knowledge of accounting and finance is essential.
• SOCPA membership is necessary for the role.

Responsibilities

• Handle daily operations with banks and monitor cash transactions.
• Analyze daily bank statements to validate interest calculations.
• Process cash transactions related to deposits and withdrawals.
• Prepare cash position daily reports.
• Follow up on bank accounts and related inquiries.

Skills

Knowledge of accounting and finance

Cash transaction handling

Bank statement analysis

Education

Bachelor's degree in finance, accounting, or equivalent

SOCPA membership

Job description

Duties and Responsibilities

• Handle daily operation with Banks through monitoring the implementation of cash transactions, plus recording on oracle system.
• Analyze daily bank’s statements and reflecting / validation of debit and credit interest calculations per each bank & related pricing rate.
• Process all cash transactions related to deposits, withdrawals & foreign currency exchanges in line with business needs.
• Preparation of cash position daily report & Position of credit facilities such as ( Overdraft, MTL,...)
• Preparing payment plans for each bank facility through related agreement & collection mechanism.
• Follow up and review all bank accounts, banking facilities, and any bank inquiries for review requirements.
• Any other tasks as assigned by line manager.

Qualifications & Skills

• Bachelor's degree in finance, accounting, or equivalent is required
• Basic knowledge of accounting and finance.
• SOCPA membership is required.