Treasury Accountant

We are looking for an experienced Treasury Accountant to join our Finance team within the Oil & Gas / EPC sector. The ideal candidate will have strong hands-on experience in corporate banking, treasury operations, trade finance, bank facilities and cash-flow management, preferably within an Oil & Gas, EPC or contracting environment. Key Responsibilities • Manage day-to-day banking and treasury operations and coordinate with banks on operational matters. • Process bank transfers, supplier payments, salary/WPS transactions and other payment instructions. • Manage Letters of Credit (LCs), Trust Receipts (TRs), Bank Guarantees, PBGs, APGs/ABGs and related banking facilities. • Handle applications, amendments, extensions, settlements and closures of LCs and guarantees. • Maintain daily cash and bank position, including account balances, available facilities, blocked/margin amounts and upcoming commitments. • Monitor bank facility utilization, available limits, maturity dates, TR/loan due dates and repayments. • Maintain accurate LC and Bank Guarantee registers. • Track upcoming LC/TR/BG maturities and expiries and ensure timely action. • Prepare monthly bank reconciliations and investigate unreconciled or unidentified transactions. • Verify bank charges, interest, commissions and other financing costs against approved facility terms. • Coordinate with banks regarding facility renewals, enhancements, KYC and banking documentation. • Maintain complete documentation for banking and treasury transactions for audit and internal-control purposes. • Accurately record and reconcile all banking and treasury transactions in Microsoft Dynamics. • Coordinate with Accounts Payable regarding supplier payment schedules and remittance confirmations. • Coordinate with Accounts Receivable regarding expected collections and short-term cash-flow requirements. • Prepare weekly cash-flow and payment forecasts based on collections, supplier payments and banking commitments. • Maintain records of PDCs, security cheques and other banking instruments. • Follow up with banks on pending transactions and ensure timely resolution. • Prepare periodic Treasury MIS covering cash position, bank facilities, LCs, guarantees, borrowings and upcoming obligations. • Ensure compliance with the company's approval matrix and internal-control procedures. • Support the Finance Manager with treasury, banking and cash-management activities. Candidate Requirements • Bachelor’s degree in Accounting, Finance, Commerce or a related field. • 2–4 years of relevant experience, preferably in the UAE. • Experience in Oil & Gas, EPC, engineering, construction or contracting is preferred. • Hands-on experience in corporate banking and treasury operations. • Practical experience with LCs, TRs, Bank Guarantees, PBGs, APGs/ABGs and bank facilities. • Microsoft Dynamics experience is mandatory. Candidates without Microsoft Dynamics experience will not be considered. • Strong knowledge of bank reconciliations, payment processing and treasury documentation. • Strong Microsoft Excel skills. • Good understanding of cash-flow management and banking operations. • Strong communication and coordination skills with banks, suppliers and internal departments. • Excellent attention to detail and ability to manage multiple banking commitments and deadlines. ⭐ Ideal Candidate The ideal candidate is someone who has hands-on treasury and corporate banking experience in an Oil & Gas/EPC environment, understands trade finance and banking facilities, and can independently manage day-to-day treasury operations. 📩 Interested candidates: Please apply with your updated CV. Important: Candidates must have relevant treasury/banking experience AND hands-on Microsoft Dynamics experience to be considered. Show more Show less

Bachelor’s degree in Accounting, Finance, Commerce or a related field. 2–4 years of relevant experience, preferably in the UAE. Experience in Oil & Gas, EPC, engineering, construction or contracting is preferred. Hands-on experience in corporate banking and treasury operations. Practical experience with LCs, TRs, Bank Guarantees, PBGs, APGs/ABGs and bank facilities. Microsoft Dynamics experience is mandatory. Strong knowledge of bank reconciliations, payment processing and treasury documentation. Strong Microsoft Excel skills. Good understanding of cash-flow management and banking operations. Strong communication and coordination skills with banks, suppliers and internal departments. Excellent attention to detail and ability to manage multiple banking commitments and deadlines.

Manage day-to-day banking and treasury operations and coordinate with banks on operational matters. Process bank transfers, supplier payments, salary/WPS transactions and other payment instructions. Manage LCs, TRs, Bank Guarantees, PBGs, APGs/ABGs and related banking facilities. Handle applications, amendments, extensions, settlements and closures of LCs and guarantees. Maintain daily cash and bank position, including account balances, available facilities, blocked/margin amounts and upcoming commitments. Monitor bank facility utilization, available limits, maturity dates, TR/loan due dates and repayments. Maintain accurate LC and Bank Guarantee registers. Track upcoming LC/TR/BG maturities and expiries and ensure timely action. Prepare monthly bank reconciliations and investigate unreconciled or unidentified transactions. Verify bank charges, interest, commissions and other financing costs against approved facility terms. Coordinate with banks regarding facility renewals, enhancements, KYC and banking documentation. Maintain complete documentation for banking and treasury transactions for audit and internal-control purposes. Accurately record and reconcile all banking and treasury transactions in Microsoft Dynamics. Coordinate with Accounts Payable regarding supplier payment schedules and remittance confirmations. Coordinate with Accounts Receivable regarding expected collections and short-term cash-flow requirements. Prepare weekly cash-flow and payment forecasts based on collections, supplier payments and banking commitments. Maintain records of PDCs, security cheques and other banking instruments. Follow up with banks on pending transactions and ensure timely resolution. Prepare periodic Treasury MIS covering cash position, bank facilities, LCs, guarantees, borrowings and upcoming obligations. Ensure compliance with the company's approval matrix and internal-control procedures. Support the Finance Manager with treasury, banking and cash-management activities.