Treasury and Insurance Manager

Job Title: Treasury & Insurance Manager

Duration: 1 year subject to renewal

Location: Muscat

Reporting To: CFO

Lead the organization’s treasury, insurance and investment strategies, driving optimal financial decisions and supporting the company’s financial goals.

• Develop and implement financial debt management, insurance and investment strategies, processes and controls to achieve business objectives.
• Exercise governance of treasury and insurance functions, including ERP integration and H2H banking connectivity.
• Collaborate with legal, procurement, business development, asset management, operations and risk teams to provide strategic guidance on funding, investments, risk transfer and insurance.
• Obtain approval from executive management on key financial and insurance decisions impacting long‑term growth and protection.
• Build and maintain relationships with banks, insurers, reinsurers, brokers, government bodies and shareholders.
• Identify funding sources and optimal structures to maintain liquidity, including SEF, CF, WC, etc.
• Implement treasury strategies and policies to optimize cash flow and liquidity management.
• Develop risk‑management policies to mitigate risks inherent in the mining industry.
• Support business development in originating and negotiating marketing agreements with international traders.
• Evaluate creditworthiness of potential partners and counterparts such as contractors and joint ventures.
• Monitor financial market conditions, commodity prices, interest rates and currency fluctuations to identify risks and opportunities.
• Recommend investment strategies to maximize returns while managing risk.
• Manage debt and interest‑rate exposure, including refinancing and restructuring.
• Conduct risk assessments and develop mitigation strategies.
• Ensure compliance with laws, regulations and accounting standards related to treasury activities.
• Provide expert advice on treasury matters to senior management and other departments.
• Collaborate across departments to align financial strategies with organizational objectives.
• Prepare and present timely treasury reports to management and external stakeholders.
• Lead and study IPO initiatives at group or subsidiary level.
• Develop and implement the company’s insurance strategy, ensuring alignment with group policy and regulatory requirements.
• Review insurance policies regularly to ensure adequate and cost‑effective coverage.
• Negotiate insurance renewals and tendering processes with insurers and brokers.
• Manage the end‑to‑end insurance‑claims process from incident reporting to settlement.
• Collaborate with HSE, operations and asset management to incorporate preventive actions.
• Maintain accurate records of policies, endorsements, schedules and claims.

• B.Sc. in Finance or Accounts (required).
• M.Com in Finance or Banking (required); MBA optional.
• CFA Level III or Level II (optional).
• Minimum 10 years of relevant experience, including at least 5 years in a treasury or insurance role.
• Experience in corporate treasury across commodities, structured finance and project finance.
• Experience with structured finance transactions including CF, WC, EBL, RCF and export‑element deals.
• Demonstrated knowledge of local and regional markets and key players.
• Proven track record in treasury, investments, risk, procurement coordination and insurance portfolios.

• Strong analytical and financial model building skills.
• Proficiency in ERP systems and Microsoft Office (Excel, PowerPoint, Visio, Word).
• Excellent communication, organizational and stakeholder‑management skills.
• Detail‑oriented, initiatory, and conceptually thinking.
• People‑centric, integrity‑driven, agile and collaborative.