Lead, Treasury

Startdate; Calgary; On-site; CAD 120,000 - 180,000; Full time

Benefits offered by this job

None

Job summary

PetroChina Canada invites applications for a Lead, Treasury role based in Calgary. The position reports to the Manager of Tax, Treasury and Insurance and requires leading the Treasury team to manage liquidity, forecasting, banking relationships, debt facilities, and treasury controls.

This in-office role emphasizes strong leadership and clear communication with internal and external partners. The ideal candidate brings extensive treasury experience, strong analytical skills, and the ability to

Qualifications

• Undergraduate degree in Finance, Accounting, Business, Economics, or a related discipline is required.
• Professional accounting/finance/treasury designation such as CPA or CFA is preferred.
• 8 to 10 years of progressive treasury, finance, accounting, or corporate finance experience required.
• Proven leadership experience including coaching and mentoring.
• Strong cash-management, forecasting, debt facilities, banking operations, and treasury controls.
• Experience with financial risk management and vendor/counterparty review is an asset.
• Experience with SAP, banking platforms, and treasury reporting tools is an asset.
• Advanced Excel skills with scenario and cash-flow analysis.
• Excellent communication and collaboration with stakeholders.

Responsibilities

• Provide overall leadership and hands-on support to the Treasury team.
• Lead treasury deliverables, ensuring timely and accurate completion.
• Plan, prioritize treasury work, and support cross-training and knowledge sharing.
• Provide technical guidance on cash management, liquidity, and financing activities.
• Lead daily cash management and liquidity activities across the organization.
• Develop short-, medium-, and long-term cash-flow forecasts.
• Monitor liquidity requirements across projects and operations.
• Manage revolving credit facilities, term debt, and other financing arrangements.
• Coordinate treasury reporting to lenders, management, and Head Office.
• Maintain relationships with banks, lenders, and financial partners.

Skills

Cash management

Forecasting

Banking relationships

Debt facilities

Treasury controls

Financial risk management

Leadership

Communication

Education

Undergraduate degree in Finance/Accounting/Business

CPA/CFA or equivalent preferred

Tools

SAP

Treasury reporting tools

Microsoft Excel

Job description

PetroChina Canada (PCC) is a wholly owned subsidiary ofPetroChina Company Limited which is partially owned by China National PetroleumCorporation (CNPC), a state-owned enterprise. CNPC is China's largest oilcompany and the world's third largest oil company, operating 91 energy-relatedprojects in over 35 countries and regions. PCC has invested billions of dollarsin an asset-rich portfolio of upstream, midstream and downstream operations. InAlberta, this includes our MacKay River and Dover oilsands projects, DuvernayShale Gas and a 50% interest in the Grand Rapids Pipeline. In British Columbia,we hold joint venture interests in the Groundbirch tight gas project and LNGCanada.

PetroChina Canada is recruiting for a Lead, Treasury to join the Finance &Accounting Team in Calgary.

Reportingto the Manager of Tax, Treasury and Insurance, the Lead, Treasury isresponsible for providing day-to-day leadership and hands-on support for thecompany’s treasury function. The role will lead the Treasury team in managingliquidity, cash-flow forecasting, banking relationships, debt and creditfacilities, credit support, foreign exchange, financial risk management,treasury controls, and treasury reporting. The Lead, Treasury will be expectedto balance operational execution with team leadership, ensuring that treasuryactivities are completed accurately, efficiently, and in alignment with companypolicies, internal controls, lender requirements, and business priorities. Theideal candidate will bring strong treasury knowledge, sound judgment, leadershipcapability, and the ability to translate complex financial matters into clearrecommendations to management, internal stakeholders, and external financialpartners.

This is afull-time, in office role located in Calgary.

Accountabilities

The accountabilities of this position include, but are not limited to:

• Provide overall leadership, guidance, and hands-on support to theTreasury team
• Lead, mentor, and support theTreasury team to ensure timely and accurate completion of treasurydeliverables.
• Plan and prioritize treasury work,clarify roles and accountabilities, and support cross-training, knowledgesharing, and continuous improvement within the team.
• Provide technical guidance andreview on treasury matters, including cash management, financial assurance,banking, credit support, foreign exchange, and financing activities.
• Lead daily cash management andliquidity activities across the organization, including monitoring cashinflows, cash outflows, funding needs, and cash positioning.
• Develop, maintain, and reviewshort-, medium-, and long-term cash-flow forecasts to ensure an appropriatelevel of liquidity is maintained.
• Monitor operating, capitalexpenditure, acquisition, divestiture, and other business-related cashrequirements.
• Optimize cash balances, fundingsources, intercompany cash movements, and short-term investment opportunitieswhere applicable.
• Assess liquidity requirements undervarious commodity-price, operating, project, and financing scenarios.
• Manage the company’s revolvingcredit facilities, term debt, shareholder loans, and other financingarrangements.
• Monitor compliance with financialand non-financial covenants, borrowing-base requirements, and other lender orfinancing obligations.
• Coordinate periodic compliancereporting, treasury reporting, and other recurring or ad hoc submissions tolenders, management, and Head Office.
• Evaluate financing alternatives tooptimize liquidity, financing costs, capital structure, and financialflexibility.
• Manage letters of credit,guarantees, surety arrangements, financial assurances, and other credit supportrequired for operations, projects, and commercial activities.
• Maintain strong relationships withbanks, lenders, financial institutions, credit-rating agencies, parent companyfinance teams, and other financing partners.
• Lead or support vendor andcounterparty credit reviews, including assessment of financial health, creditrisk, and ongoing monitoring of key third-party vendors and counterparties.
• Establish, maintain, and improvetreasury policies, procedures, controls, and governance frameworks.
• Manage the foreign currency plan, foreign exchange transactions, and related reporting and analysis.
• Support bank account administration, banking platform user administration, corporate credit card programs, and related controls.
• Support asset acquisitions, disposals, major projects, and commercial transactions by providing treasury and financing expertise.
• Lead or support ad hoc treasury, finance, risk management, and corporate initiatives as required.

Qualifications

• Undergraduate degree in Finance,Accounting, Business, Economics, or a related discipline is required
• Professional accounting, finance,or treasury designation is preferred, such as CPA, CFA, or equivalent
• Minimum of 8 to 10 years ofprogressive treasury, finance, accounting, or corporate finance experience isrequired, preferably in the oil and gas, energy, natural resources, or largecorporate environment
• Proven formal leadershipexperience, including coaching, mentoring, prioritizing work, and supportingteam performance is required
• Strong understanding of cashmanagement, cash-flow forecasting, debt and credit facilities, bankingoperations, financial assurances, guarantees, letters of credit, foreignexchange, and treasury controls
• Experience with financial riskmanagement, vendor or counterparty credit review, and covenant or compliancereporting is an asset
• Prior experience with largefinancial systems, preferably SAP, banking platforms, and treasury-relatedreporting tools, is an asset
• Strong Microsoft Excel skills,including scenario analysis, and cash-flow analysis
• Confident, detail-oriented,accountable, and collaborative team player with strong business judgment
• Strong interpersonal,communication, organizational, analytical, and problem-solving skills
• Able to manage multiple priorities,meet time-sensitive deadlines, and remain effective under pressure in a dynamicbusiness environment
• Able to communicate complextreasury and financial matters clearly to finance and non-finance stakeholders,senior management, external financial partners, and Head Office
• Adoption and demonstration ofPetroChina Canada’s Values: Honorable, Unified, Passionate, and Accountable

About Us

PetroChina Canada (PCC) is awholly owned subsidiary of PetroChina Company Limited which is partially owned by China National Petroleum Corporation(CNPC), a state-owned enterprise. CNPCis China's largest oil company and the world's third largest oil company,operating 91 energy-related projects in over 35 countries and regions. PCC hasinvested billions of dollars in an asset-rich portfolio of upstream, midstreamand downstream operations. In Alberta, this includes our MacKay River and Doveroilsands projects, Duvernay Shale Gas and a 50% interest in the Grand RapidsPipeline. In British Columbia, we hold joint venture interests in theGroundbirch tight gas project and LNG Canada.