Head, Treasury

Position Overview • The Head, Treasury is responsible for leading and managing the organization's treasury function by ensuring optimal liquidity, funding, cash flow visibility, and financial risk management across all EPCIC operations
• This role is responsible for safeguarding the organizations financial assets, optimizing capital structure, and supporting project execution through effective treasury planning and controls.
Key Responsibilities

Treasury Operations & Controls:

• Overseeing daily treasury operations, including payments, collections, and reconciliations.
• Ensuring strong internal controls, segregation of duties, and fraud prevention mechanisms.
• Implementing and managing treasury management systems (TMS).
Cash Flow & Liquidity Management:
• Overseeing the organisation’s cash flow planning, forecasting, and monitoring.
• Ensuring adequate liquidity to meet operational and project funding requirements.
• Optimizing working capital across projects and business units.
Project Financing & Funding:
• Structuring and securing funding for EPCIC projects (bank facilities, project finance, trade finance).
• Managing relationships with banks, financial institutions, and lenders.
• Supporting bid and tender processes with financial input on funding strategies.
Banking & Relationship Management:
• Managing banking structure, accounts, and signatories across the organisation
• Negotiating banking facilities, fees, and service levels.
• Maintaining strong relationships with local and international banks.
Financial Risk Management:
• Identifying and managing financial risks, including FX, interest rate, and liquidity risks.
• Implementing hedging strategies where appropriate.
• Monitoring market trends and advising management on financial exposures.
Working Capital Optimization:
• Driving initiatives to improve cash conversion cycle (receivables, payables, inventory).
• Collaborating with Commercial and Project teams on billing, collections, and milestone payments.
• Monitoring contract cash flow profiles and enforcing discipline.
Foreign Exchange & Trade Finance:
• Managing foreign currency exposures and cross-border payments.
• Overseeing trade finance instruments (LCs, guarantees, bonds).
• Ensuring efficient FX sourcing and cost optimization.
Compliance & Reporting:
• Ensuring compliance with financial regulations, banking covenants, and internal policies.
• Preparing treasury reports for executive management and the Board.
• Monitoring compliance with loan agreements and covenants.
Team Leadership & Development:
• Leading and developing the organisation’s treasury team.
• Building treasury capability across business units.
• Setting performance objectives and ensuring high standards of execution.
Quality, Health, Safety & Environment:
• Driving compliance with Occupational Health, Safety, Quality, and Environmental Policies, processes, procedures, and applicable laws/legal requirements across the organisation’s business.
• Taking responsibility for personal health & safety and those of stakeholders across the organisation’s business.
Key Requirements • A minimum of a Bachelor's Degree in Finance, Accounting, Economics, or related field and an MBA or Master's Degree in a Business-related field is an added advantage.
• 12 - 15 years experience in treasury management or finance preferably within EPC/EPCIC or oil & gas with proven experience managing multi-entity treasury operations
• Strong experience in project financing and banking relationships.
• Membership of relevant professional bodies (ACA, ACCA, CFA) is required with an ACT/CIT having optional advantage.
Skills & Competencies:
• Cash flow forecasting & liquidity management
• Project & structured finance
• Financial risk management (FX, interest rate)
• Trade finance instruments (LCs, guarantees, bonds)
• Treasury operations & ERP/TMS systems (SAP, Oracle)
• Strategic thinking & commercial acumen
• Leadership & stakeholder management
• High integrity, attention to detail, advanced Excel & financial modeling.