Sr Specialist Treasury

Tawteen; Muscat; On-site; OMR 20,000 - 25,000; Full time

Job summary

Tawteen in Muscat is seeking a Treasury Manager to oversee cash forecasts and cash flow management. You will ensure compliance with company policies and international standards while maintaining banking relationships.

The ideal candidate holds a Bachelor's degree and has 6 to 8 years of experience in treasury activities. Responsibilities include analyzing cash positions, managing risks, and participating in financial planning.

Qualifications

• 6 to 8 years of experience in cash and liquidity planning.
• Strong experience in bank account management and KYC processes.
• Hands-on experience in treasury management systems.

Responsibilities

• Prepare and review cash flow forecast reports.
• Analyze deviations between cash forecasts and actual positions.
• Participate in negotiations of FX currency transactions.

Skills

Analytical skills

Communication skills

Microsoft Excel

KYC management

Treasury management systems

Education

Bachelor’s degree or equivalent

Tools

Microsoft Word

Microsoft PowerPoint

Job description

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 the treasury trial balance, and maintaining banking relationships.

In all activities, align with the company’s Mission, Vision, Values and Strategies, as well as policies, guidelines and international standards supported by an IT technology platform, HSE standards, Oman’s government regulations and other legal justifications, and best international practices in consonance with national objectives. Ensure compliance with the HSE Management System; monitor and report safety performance; guide and enforce safe behavioral practices, life-saving rules and process safety rules.

Responsibilities

• Support the preparation and review of cash flow forecast reports, ensuring they are timely, complete and accurate.
• Analyze deviations between cash forecasts and actual cash positions and assist in identifying corrective actions.
• Plan cash positioning, initiate electronic treasury payments and record cash transactions among banks.
• Review treasury payments, drawdowns, debt utilization and covenant monitoring.
• Ensure optimal utilization of surplus funds in line with 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 bank account opening and closing, KYC and authorization mandates.
• Respond to all queries from banks, lenders, stakeholders, as well as tax and audit queries.
• Assist in reporting to all stakeholders—whether regulatory, contractual, or information‑providing— including financial planning, covenant, shareholder and hedging reporting.
• Monitor and maintain the treasury risk management report, providing recommendations to mitigate risks.
• Own the treasury trial balance and reporting activities; liaise with the Finance Control Team for timely and accurate reporting on monthly, quarterly and yearly basis.
• Maintain the most efficient 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.
• Participate in the development of business plans and medium‑term funding strategies; identify opportunities to standardize processes and drive potential efficiencies.
• Monitor compliance of all treasury activities versus approved policies.
• Work with other treasury colleagues to establish and implement an effective Treasury Management System.
• Work effectively with colleagues from other departments to ensure departmental objectives, performance metrics, quality measures and targets are achieved.
• Promote and encourage continuous learning and development among team members.
• Perform other related duties as assigned.

Qualifications

• Bachelor’s degree or equivalent.
• 6 to 8 years of experience in cash and liquidity planning, working‑capital management, cash flow forecasts, cash flow analyses and management in a front‑office function.
• Strong experience in 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.

Key Interactions

• Internal: Finance Control, Planning & Performance Reporting, Business Finance & Insurance Assurance, Legal PTC.
• External: Staffing specialized contractors, vendors, suppliers & bankers.

Working Conditions

• Primarily office‑based with occasional travel and sporadic visits to the operation site.

Competencies and Skills

• Strategic alignment: ensure actions support long‑term goals and objectives.
• Transparency in responsibility: create clear reporting systems to enhance operational efficiency.
• Continuous improvement: foster a culture of innovation and learning.
• Sustainability: balance environmental, social and economic concerns for present and future generations.
• Diversity and inclusion: promote diversity and inclusive culture.
• Stakeholder engagement: actively involve and communicate with stakeholders to build trust.
• Soft skills: strong analytical and communication skills, both verbal and written; highly organized; able to work independently and manage teams; critical thinking and problem‑solving; detail‑oriented and self‑motivated.
• Technical skills: strong computer skills, including proficiency in Microsoft Word, Excel and PowerPoint; hands‑on experience in utilizing treasury management systems; ability to communicate complex financial information; treasury reporting skills.