Sr. Specialist Treasury

Job purpose

Execute treasury tasks through the preparation of cash forecasts, monitoring cash flow, initiating electronic payments, negotiating and executing financing transactions, placement of short-term investments, maintaining treasury trial balance, and maintaining banking relationships.

The position will act following the company's Mission, Vision, Values & Strategies, as well as policies, guidelines, and international standards, supported by an IT Technology platform, HSE standards, Omani’s government & other legal justifications, and best international practices in consonance with national objectives.

• Support the preparation and review of cash flow forecast reports, ensuring they are timely, complete, and accurate.
• Analyse deviations between cash forecasts and actual cash positions and assist in identifying corrective actions.
• Plan the cash positioning, initiate electronic treasury payments, and record cash transactions among banks.
• Review treasury payments, drawdowns, debt utilization, and covenant monitoring.
• Ensure the optimal utilization of surplus funds aligned with overall company policies and risk appetite.
• Ensure optimal working capital management strategy implementation aligned with industry practices.
• Participate in negotiations and execution of FX currency transactions & placement of fixed deposits and assist in monthly performance reporting, ensuring the accuracy of Inter-bank movements and interest accruals.
• Manage the bank accounts opening, closing, KYC, and authorization mandates.
• Respond to all queries from banks, lenders, and stakeholders, as well as tax and audit queries.
• Assist in reporting to all stakeholders, whether regulatory, contractual, or information-providing (reporting examples include but are not limited to financial planning reporting, covenant reporting, shareholder reporting, hedging reporting, etc.)
• Monitoring and maintenance of the company report for treasury risk management, including but not limited to the treasury risk register, and providing recommendations on what actions are required to mitigate and manage those risks
• Owner of the treasury trial balance and reporting activities. Liaison with the Finance Control Team to ensure timely and accurate reporting of the treasury trial balance and disclosures on a monthly, quarterly, and yearly basis.
• Maintain the most efficient and effective use of the company’s debt capacity and borrowed monies.
• Support capital structure management by contributing to financial planning, scenario analysis, and capital allocation decisions to maintain an optimal funding mix.
• Participate in the development of business plans and medium-term funding strategies.
• Identify opportunities to standardize the processes and drive potential efficiencies.
• Monitor compliance with all the treasury activities versus the approved policies
• Work together with other treasury colleagues to establish and implement an effective Treasury Management System.
• Work effectively with colleagues from other departments in areas of responsibility to ensure that department objectives, performance metrics, quality measures, and targets are achieved.
• Promote and encourage continuous learning and development among team members.
• Performs other related duties as assigned

Bachelor’s degree or equivalent

Preferable English and Arabic

• From 6 to 8 years of experience in dealing with cash and liquidity planning, working capital management, cash flow forecasts, cash flow analyses, and management in a front office function.
• Strong experience in dealing with bank account management, KYC, bank reconciliations and confirmations, and settlement process
• Hands‑on experience in treasury management systems and other Treasury management platforms. Experience in Treasury reporting
• Practical experience in managing finance‑related risks.

• Strategic Alignment: Ensure that every action and decision will support the organization's long‑term goals and objectives.
• Transparency in Responsibility: Ability to create clear reporting systems to enhance operational efficiency and overall effectiveness .
• Continuous…