Treasury & Payments Accountant

M.Y. Naghi Motors; Jeddah; On-site; SAR 167,000 - 290,000; Full time

Job summary

M.Y. Naghi Motors in Jeddah is seeking a Finance/Treasury professional to manage daily banking and payments, including local and international transactions, SAP entries, and VAT/WHT obligations.

The role also supports cash management and ensures accurate financial records in line with company policy. Responsibilities include processing salary-related payments, SADAD and utility payments, and maintaining SAP records, with close collaboration across departments to ensure compliance and timely

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 2-4 years of relevant experience in accounting, treasury, accounts payable, or financial operations.
• Experience in banking transactions, payment processing, and SAP is preferred.
• Knowledge of VAT, WHT, SADAD, L/Cs, and bank guarantees is preferred.

Responsibilities

• Prepare and process daily bank transfers and payments for local and international entities.
• Ensure all payments are processed accurately and within required timelines.
• Record and monitor foreign currency payments and apply correct exchange rates in SAP.
• Process and record VAT/WHT payments and related templates for statutory obligations.
• Maintain proper documentation and support for all transactions in SAP.

Skills

Banking transactions

Payment processing

SAP

Foreign currency

VAT/WHT

LCs & guarantees

Education

Bachelor's degree in Accounting/Finance

Tools

SAP

Job description

M.Y. Naghi Motors in Jeddah is seeking a Finance/Treasury professional to manage daily banking and payments, including local and international transactions, SAP entries, and VAT/WHT obligations.

The role also supports cash management and ensures accurate financial records in line with company policy. Responsibilities include processing salary-related payments, SADAD and utility payments, and maintaining SAP records, with close collaboration across departments to ensure compliance and timely