Overview
Treasury Accountant Jobs in Saudi Arabia at Saudia Dairy and Foodstuff Company SADAFCO
Purpose of the job
To ensure accurate and timely accounting for payroll and employee-related payments while maintaining assigned General Ledger accounts, reconciliations and period-close activities. The role coordinates with Human Resources, Payroll and Finance to deliver complete, properly approved and auditable transactions.
Key Accountabilities
1. Employee Payments Execution
Process and account for approved payroll, employee loans, salary advances, deductions, incentives, commissions, bonuses and allowances.
Process end-of-service benefits, final settlements, leave encashment, expense claims and other approved employee reimbursements.
Validate approvals, employee references, amounts, cost centers and supporting documents before processing.
2. General Ledger and Accounting
·Prepare and post accurate SAP/ERP journal entries for payroll and employee-related transactions.
· Maintain and reconcile assigned General Ledger and balance-sheet accounts, including payroll liabilities, employee loans, advances, deductions, expense claims, accruals and clearing accounts.
· Prepare monthly accruals, provisions, reclassifications and account analyses, including end-of-service and leave-related balances where assigned.
· Investigate and clear outstanding or unmatched items and correct accounting errors promptly.
· Support monthly, quarterly and year-end closing in line with the Finance timetable.
· Ensure expenses and liabilities are recorded in the correct legal entity, period, cost center and account.
3. Controls, Reporting and Support
· Maintain complete supporting documents and audit trails for all transactions and reconciliations.
· Apply delegated authority, segregation of duties, confidentiality and company accounting policies.
· Prepare schedules, reconciliations and explanations required by management, auditors and other Finance teams.
· Coordinate with HR, Payroll to resolve discrepancies and meet payment and closing deadlines.
· Identify practical opportunities to improve accuracy, standardize processes and reduce manual work.
Title: Treasury Accountant
Company: Saudia Dairy and Foodstuff Company SADAFCO
Location: Saudi Arabia
