Accountant (Intern) - Saudi Arabia (Al Khobar only)

• Cash Management and Treasury: Effectively manage daily cash operations and optimize liquidity.
• Accounting and Reporting: Ensure accuracy and timeliness in financial data reporting.
• Analytical Thinking: Analyze variances and financial trends to support decision-making.
• Cost Management/Internal Controls: Assess internal controls and implement process improvements.

• Achieve a forecast accuracy rate of 90% for short-term cash flows.
• Maintain zero errors in financial reports by ensuring full compliance with financial reporting standards.
• Perform timely cash reconciliations and coordinate effectively within the treasury team.
• Develop and implement dashboards to monitor business performance, financial, and cash forecasts.
• Establish an efficient cash forecasting process with near real-time reporting to management.
• Ensure detailed and accurate accounting for borrower collections and interest remittances to investors.
• Maintain high accuracy in financial transactions, including weekly cash reports, liquidity forecasts, calculations, and payment processing.

Cash and Liquidity Management:

• →Monitor daily cash positions and forecast both short-term and long-term cash requirements.
• →Execute cash management strategies to optimize liquidity and minimize idle funds.
• →Coordinate with internal departments to ensure timely funding for operational needs.
• →Evaluate investment opportunities and recommend strategies to maximize returns while managing risks.

Banking Relationships:

• →Manage and nurture relationships with banks and financial institutions.
• →Negotiate banking services, fees, and terms to optimize these relationships.
• →Recommend changes in banking partners as necessary to support business objectives.

Cash Flow Forecasting & Risk Management:

• →Develop accurate cash flow forecasts to support operational and strategic decision-making.
• →Analyze variances between forecasted and actual cash flows, providing clear explanations and recommendations.
• →Identify, assess, and mitigate financial risks—including interest rate, foreign exchange, and credit risk—by developing robust risk management strategies.
• →Ensure full compliance with regulatory requirements, industry standards, and internal policies.

Financial Reporting and Analysis:

• →Prepare accurate and timely reports on treasury activities (cash balances, investments, and debt).
• →Reconcile cash and book journal entries to support month-end closing processes.
• →Develop dashboards that provide in-depth financial analysis to aid strategic decision-making.
• →Present findings to senior management and collaborate with internal/external auditors to address audit findings and implement improvements.
• →Effectively communicate financial insights to stakeholders, including senior management, board members, investors, and external partners.

Internal Controls and Process Improvement:

• →Establish and maintain robust internal control procedures to safeguard company assets and prevent fraud.
• →Identify opportunities to streamline treasury processes and enhance efficiency, accuracy, and scalability.
• →Implement best practices and automation tools to improve overall financial operations.
• →Lead or actively participate in treasury-related projects that support business objectives.

• Bachelor’s degree in Accounting, Finance, or a related field.
• A Master’s degree or professional certification (CPA, ACCA, or CMA) is preferred.
• 0-2 years of relevant experience in accounting, finance, or auditing.
• Knowledge of Islamic finance or Shariah-compliant lending is a plus.
• Understanding of regulatory requirements and guidelines, including US accounting standards and local frameworks.
• Strong strategic thinking, problem-solving skills, and keen attention to detail.
• Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
• Demonstrated business acumen and effective interpersonal communication skills.
• Proven ability to work collaboratively across diverse teams and organizational levels.
• Experience in driving process improvements and managing change is highly desirable.