Head of Treasury at Deloitte

Description

On behalf of our client, a major player in the Oil & Gas sector, we are recruiting for the role of Head of Treasury. Reporting to the CFO, the Head of Treasury oversees operational treasury management and ensures compliance with the Group's established policies and procedures. He/She manages the Group's foreign exchange exposures, loan portfolio, and related reporting.

Responsibilities

• Oversee the preparation and analysis of financial statements and reports of the Group, ensuring accuracy, compliance with accounting standards, and timely reporting.
• Implement and maintain internal controls to safeguard financial assets, prevent fraud, and ensure compliance with regulatory requirements.
• Assist to develop and implement treasury strategies, policies, and procedures to optimize cash management, liquidity, and working capital.
• Monitor and manage the group's cash flow, ensuring efficient utilization of funds and adherence to budgetary guidelines.
• Establish and maintain relationships with financial institutions, negotiating banking services and managing banking relationships.
• Develop and manage relationships with key external stakeholders, including regulatory organizations in the downstream sector, auditors, solicitors, and other relevant entities.
• Review funding needs, monthly reporting of all treasury activities to senior management
• Develop and implement strategies for raising capital, including debt and equity financing.

Requirements

• Minimum of a B.Sc. degree in Accounting, Finance, Economics or any related discipline
• MBA or Master’s degree in a related discipline is an advantage
• Relevant professional certifications e.g. CFA, ICAN, ACCA or its equivalent
• Minimum of ten (10) years relevant experience, 5 of which must have been in a management position of an organization, interfacing with the Executive team and Financial Partners
• Experience of statutory financial reporting and knowledge of GAAP, IFRS
• Knowledge of Financial management, accounting, analysis and reporting
• Knowledge of Accounting policies and processes
• Knowledge of ERP Accounting application
• Numerical and analytical skills
• Financial audit and risk management control