Treasury Manager (E&P)

Job Description

Treasury Manager (E&P)

Location : Kuwait

Summary of Role :

The client is particularly interested in a candidate who has worked as a Senior Finance Manager, including Treasury Function within Upstream Oil and Gas sector and has negotiated with Financial Institutions / Loan Syndicates through to completion, of Recourse and Non-Recourse finance for the company’s Capital Investment Projects and / or for funding Company or Asset Acquisitions. Advising on suitable debt structuring for the Company’s funding requirements including input from taxation and legal functions is also important.

Position would suit a Finance Manager with recent oil and gas experience who has worked in Treasury.

To monitor Company funds in the most efficient manner, producing and reporting on Company cash flows projections.

Responsible for the company’s treasury operations and provides advice on international financing issues related to acquisitions, new ventures and divestiture

Advise on cash movements and supervise the setup of IT to enabled cash flow projections for the company.

Participate in all negotiations with Financial Institutions for finalising Company’s funding requirements are met / completed in co-ordination with Commercial Manager

Advising / Liaising with Parent Company Treasury function on all funding requirements.

Undertake Due Diligence and Risk Reviews of Company acquisitions or investments.

Reporting on compliance with Company Procedures and International Financial Reporting Standards.

• Mentoring / Training of National staff;

Assist with other Finance assignments which may occur from time to time.

Required Qualifications and Experience

University Degree (BA, BSc, M.A, MSc) (Mandatory for Residency Visa Issuance requirements)

Accountancy Professional Accreditations (advantageous)

Minimum 15 years Finance / Treasury experience out of which at least 10 years spent

at senior level in Upstream Operations of Oil & Gas Sector.

Treasury Risk Management

Proven experience of negotiating Bank Loans / Structured Finance.

International project experience – would be an asset but not essential

Languages : Fluent written and spoken English (Mandatory)

Employment Terms

The appointee will be invited to join the expatriate staff payroll on long term residential contract (married or single status). The importance of this key role will be reflected in the generous salary and expatriate benefits which includes end of service benefit, child education assistance, company car, accommodation to a high standard, medical cover for self and family, annual rewards schemes etc.

Interviews : As soon as possible with candidate selection shortly taking place.