Treasury Accountant

JOB OPPORTUNITY

We are a Main Market LSE listed company which provides a complete range of drilling and mining services. We are an organisation committed to embracing and developing a diverse workforce so that they develop to realise their full potential, and provide you with the ability to make an impact within a fast-paced, global finance function.

With our footprint continuing to expand we are looking for a dedicated and professional Treasury Accountant to join our Finance team.

Position: Treasury Accountant

Location: Cairo, Egypt

The Treasury Accountant supports the organization's day to day treasury operations by maintaining accurate cash visibility, executing and recording banking transactions, preparing cash flow forecasts, and completing timely bank reconciliations. The role helps safeguard liquidity, strengthen internal controls, and provide reliable treasury information for decision making and financial close.

Job Requirements and Duties

1. Cash and Liquidity Management

• Monitor daily bank balances and cash positions and highlight funding requirements or excess liquidity to the Finance Manager
• Prepare and maintain short-term and longer-term cash flow forecasts using approved inputs and assumptions
• Support intercompany funding, cash transfers, and placement of surplus cash in line with approved policies and authorization limits

2. Payments and Banking Operations

• Prepare and process approved local, foreign currency, payroll, tax, social and trade-related payments within agreed cut-off times
• Validate payment support, beneficiary details, bank charges, value dates, and approval evidence before release
• Maintain banking records, authorized signatory documentation, online banking access records, and correspondence with financial institutions
• Monitor bank fees and service charges, investigate unusual items, and support opportunities to reduce banking costs

3. Reconciliations and Accounting

• Prepare timely bank reconciliations for all assigned accounts and investigate outstanding, duplicated, rejected, or unidentified transactions
• Post and review treasury-related journal entries, including transfers, bank charges, interest, loans, and foreign exchange differences
• Maintain schedules for loans, interest, guarantees, deposits, and debt repayments, where applicable
• Support month-end and year-end close by providing reconciliations, schedules, confirmations, and treasury reporting

4. Controls, Reporting and Compliance

• Follow the approved payment matrix, segregation-of-duties requirements, treasury procedures, and document-retention standards
• Support internal and external audits and respond to treasury-related information requests with complete supporting documentation
• Assist with foreign currency exposure reporting and hedging administration in accordance with approved policy. The role does not independently enter into hedging contracts
• Escalate liquidity risks, control exceptions, suspected fraud, unusual banking activity, and overdue reconciling items promptly

5. Key Working Relationships

• Finance Manager / Controller: cash visibility, approvals, liquidity planning, close, controls, and escalations
• Accounts Payable and Payroll: payment files, due dates, supporting documents, and rejected or returned payments
• General Ledger and Tax: bank postings, reconciliations, foreign exchange, interest, tax payments, and close schedules
• Banks and financial institutions: transaction follow-up, statements, confirmations, service issues, fees, and documentation
• Business and operations teams: forecast inputs, approved funding needs, and clarification of cash movements.

Key Competencies

• Maintains complete records, verifies critical details, and follows authorization requirements. Accuracy and control
• Investigates variances, identifies root causes, and communicates clear conclusions. Analytical thinking
• Prioritizes time-sensitive payments, reconciliations, forecasts, and close deadlines. Planning and delivery
• Coordinates clearly with banks and internal stakeholders and escalates issues early. Communication
• Handles banking access, payment information, and financial data responsibly. Integrity and confidentiality
• Works effectively under pressure and follows issues through to resolution. Resilience and ownership

Training and Education Required

• Bachelor's degree in accounting, Finance, Business Administration, or a related discipline.

Experience Required

• Minimum 5 years of relevant experience in treasury, banking operations, accounting, or a similar finance role.
• Practical understanding of cash management, electronic banking, bank reconciliations, and payment controls.
• Working knowledge of trade payments and related banking documentation is preferred.
• Knowledge of accounting principles, foreign currency transactions, and financial reporting.
• Experience with an ERP system such as Microsoft Dynamics 365, SAP, or Oracle is preferred.

Other Essential Requirements

• Strong Microsoft Excel skills, including reconciliations, lookups, pivot tables, and cash flow schedules.
• Good written and verbal English; Arabic is advantageous for foreign banking and stakeholder coordination

Check out www.capdrill.com

If you think you have what it takes, apply directly to the job advertisement

Capital Limited is an equal opportunity employer, and we encourage everyone to apply.

The Company reserves the right:

1. To contact only the best qualified candidates to participate in the selection exercise.

2. Not to make any appointment following this advertisement.