Principle Treasury

Job Description

Advise on optimal capital structure which can cater for raising debts to fund the growth plan of the organization.



Lead in obtaining Islamic financing for the company's future capital expenditure plans.



Ensure alignment of the overall company funding strategy with policies and procedures, optimizing the use of debt capacity.



Assist in obtaining Sharia-compliant derivatives to align treasury activities with company guidelines.



Stay abreast of developments in the finance market and be updated of latest financial and economic news in the region.



Oversee cash positioning, initiate treasury payments, and execute foreign exchange currency transactions.



Oversee negotiations with banks for fund placement and provide monthly performance reports.



Implement optimal working capital management strategies aligned with industry practices.



Monitor and analyze cash flow forecast reports, contributing to the long-term funding strategy.



Support in reporting to regulatory, contractual, and informational stakeholders.



Prepare and submit treasury reports regularly to committees, the Board of Directors, shareholders, and other ad-hoc requirements.



Monitor and maintain the company's treasury risk register and provide recommendations for mitigating and managing identified risks.



Oversee treasury-specific GL accounts and maintain financial records and Liaise with the Finance Control Team for timely and accurate reporting of the treasury trial balance and disclosures.



Ensure continuous monitoring of the company's Sharia-compliant position as per MSX and AAOIFI rules.



Follow established processes to ensure accurate and complete assessment and review of bank credit and support in establishing a standardized procedure to complete the assessment to provide prompt feedback on the credit worthiness of the counterparty.



Collaborate effectively with colleagues from other departments to achieve department objectives and performance metrics.



Identify opportunities to standardize processes and drive efficiencies.



Respond promptly to queries from lenders, stakeholders, tax, and audit inquiry and provide strategic and technical expertise in funding, capital structure, and financing to optimize cost of capital and support future growth projects

Qualifications

 + 10 years of experience in treasury, cash forecasts and cash flow analyses, investment portfolio strategy, banking, and financial instruments, obtaining financing and general knowledge of accounting standards and SEC reporting in the oil and gas sectors.

Computer literate with expertise in MS Office.



Technical engineering terminology in English & and Arabic languages.



Business planning and development.



HSE, finance, budget, and reporting.



Advanced business and financial analytical skills, Procurement, Contract, Inventory, and Warehouse.



Treasury, Banking, Treasury Risk Management