Senior Treasury Accountant

Senior Treasury Accountant - Majd Yanbu Industrial Company

Majd Yanbu Industrial Company, a joint venture between Elsewedy Cables and Alfanar, is constructing a state-of-the-art copper rod manufacturing facility in Yanbu Industrial City, with commercial production commencing in 2026. We are seeking a dynamic and experienced Senior Treasury Accountant to lead our cash and banking operations as we scale toward full production.

In this ground-floor role, you will have the unique opportunity to build and manage the treasury function of a greenfield industrial company from inception.

• Key Responsibilities:
• Manage daily cash positions and prepare rolling cash flow forecasts.
• Execute and process payments on corporate banking platforms with full segregation of duties.
• Manage bank account opening, mandates, signatory authority matrices, and KYC documentation.
• Execute, confirm, and settle FX conversion contracts and maintain deal registers.
• Manage copper hedging contracts and surplus cash investments.
• Prepare monthly bank reconciliations and treasury journal entries in ERP.
• Manage trade finance operations, including letters of credit, letters of guarantee, and documentary collections.
• Administer working capital facilities and term loan utilizations, monitoring covenants and reporting deadlines.
• Support external audit, IFRS reporting, and internal controls.

Requirements:

• Bachelor's degree in Accounting or Finance, with a professional certification (SOCPA, CMA, ACCA, or CTP) being a plus.
• 4-10 years of experience in corporate treasury and/or accounting within an industrial, manufacturing, or trading company.
• Hands-on experience with Saudi corporate banking platforms and bank account/mandate management.
• Practical ERP experience in bank reconciliations and treasury entries.
• Working knowledge of IFRS relevant to treasury.
• Fluency in Arabic and English.