Head, Treasury

Requirements:

• Bachelor’s degree in finance, Accounting, Economics, or related field.
  
• Professional certification (ACA, ACCA, CFA) required; ACT/CIT optional advantage.
  
• Minimum of 12–15 years’ experience in treasury or finance, preferably within EPC/EPCIC or oil & gas.
  
• Strong experience in project financing and banking relationships.
  
• Proven experience managing multi-entity treasury operations.
  

Treasury Strategy & Governance

• Develop and implement Group treasury strategy aligned with corporate objectives.
  
• Establish treasury policies, controls, and governance frameworks across all entities.
  
• Drive centralization of treasury operations where applicable (cash pooling, payment controls).
  

Cash Flow & Liquidity Management

• Oversee Group cash flow planning, forecasting, and monitoring.
  
• Ensure adequate liquidity to meet operational and project funding requirements.
  
• Optimize working capital across projects and business units.
  

Project Financing & Funding

• Structure and secure funding for EPCIC projects (bank facilities, project finance, trade finance).
  
• Manage relationships with banks, financial institutions, and lenders.
  
• Support bid and tender processes with financial input on funding strategies.
  

Banking & Relationship Management

• Manage banking structure, accounts, and signatories across the Group.
  
• Negotiate banking facilities, fees, and service levels.
  
• Maintain strong relationships with local and international banks.
  

Financial Risk Management

• Identify and manage financial risks, including FX, interest rate, and liquidity risks.
  
• Implement hedging strategies where appropriate.
  
• Monitor market trends and advise management on financial exposures.
  

Working Capital Optimization

• Drive initiatives to improve cash conversion cycle (receivables, payables, inventory).
  
• Collaborate with Commercial and Project teams on billing, collections, and milestone payments.
  
• Monitor contract cash flow profiles and enforce discipline.
  

Treasury Operations & Controls

• Oversee daily treasury operations, including payments, collections, and reconciliations.
  
• Ensure strong internal controls, segregation of duties, and fraud prevention mechanisms.
  
• Implement and manage treasury management systems (TMS).
  

Foreign Exchange & Trade Finance

• Manage foreign currency exposures and cross-border payments.
  
• Oversee trade finance instruments (LCs, guarantees, bonds).
  
• Ensure efficient FX sourcing and cost optimization.
  

Compliance & Reporting

• Ensure compliance with financial regulations, banking covenants, and internal policies.
  
• Prepare treasury reports for executive management and the Board.
  
• Monitor compliance with loan agreements and covenants.
  

Team Leadership & Development

• Lead and develop the Group treasury team.
  
• Build treasury capability across business units.
  
• Set performance objectives and ensure high standards of execution.