Job description

Job Purpose  

The Treasury Manager is responsible for managing the company’s liquidity, funding, and financial risk management activities. This role ensures effective cash flow planning, banking operations, and investment management while maintaining optimal capital structures to support business operations. The position plays a key role in forecasting cash requirements, executing fund transfers, managing financial instruments, and ensuring compliance with internal policies and external regulations.

Main Tasks & Accountabilities 

Cash Flow Management 

• Monitor daily cash balances and forecast future cash requirements.
• Prepare and maintain detailed cash flow projections.
• Optimize cash utilization and ensure adequate liquidity for operations and investments.

Banking Operations

• Oversee daily bank transactions, fund transfers, and bank reconciliations.
• Maintain effective relationships with financial institutions to ensure favorable banking terms.
• Negotiate and manage credit facilities, overdrafts, and bank guarantees.

Reporting & Analysis

• Prepare weekly and monthly treasury reports covering cash position, forecast variance, and investment performance.
• Analyze trends, highlight variances, and recommend corrective actions.
• Contribute to financial planning by providing input on cash flow and funding needs.

Process Improvement & Systems

• Implement treasury management systems and automation tools for better visibility and efficiency.
• Continuously improve treasury processes, controls, and reporting mechanisms.

Account Payable & Account receivable Management

• Managing account payable section.
• Ensure all payments are companies with company policy
• Manage the relation with vendors
• Managing account Receivable section.
• Ensure all sales collection targets are met.
• Ensure timely records of all Receipt.

Sharing data for Management Accounting

• Sharing recent and updated financial data for analysis and generating management reports

Team Building – Planning, acquisition and mentoring

• Define knowledge/skillsets required

• Effective communication within and outside the team
• Create a supportive environment for the team members
• Contribute to the team, letting others know information that may be useful or important
• Help to create a fun, supportive work environment

People management and reporting responsibilities

• Liaison with management and other line managers for budgeting and cost control, securing approval for disbursement of funds.
• Participate in management and supervisory meetings as and when requested by Sr Manager Finance to assist him in providing financial overview
• Produce end of month departmental report, on time, and as required by the management.
• Ensure accurate and up to date, daily, weekly, monthly records as required by the management.
• Ensure tasks are understood by the team members, and performed responsibly and diligently
• Help others in the team if needed; Support relief staff in their duties

Main Contacts and Working Relationships

• Internal     All Department Heads and Line Managers.
  External    Stakeholders, customers, agencies etc.

Person Specification  (Qualifications, Knowledge & Experience)  
Education Level –    Minimum Requirement  

• Bachelor’s degree in Finance, Accounting, or Business Administration.
• MBA preferred

Professional    Qualifications

• Certified Treasury Professional (CTP), CPA, CMA, or equivalent qualification is preferred.
• have a valid driver’s license

Work Experience    

• Overall accounting experience of 10 years in corporate treasury, cash management, or financial planning roles, with at least 3 years in a managerial capacity.
• Experience in FMCG/dairy products will be preferred
• Strong understanding of the Middle East markets

Job Specific Skills    

• Strong understanding of liquidity management, financial instruments, and banking operations.
• Proven experience in cash flow forecasting and funding strategies.
• Familiarity with ERP and treasury management systems
• Strong analytical, problem-solving, and communication skills.
• Ability to work under pressure and meet tight deadlines.
• Financial acumen to understand and interpret numbers
• Excellent written & verbal communication / presentation skills
• Team player with excellent motivational skills

Generic Skills

• High integrity and attention to detail.
• Strong interpersonal and leadership abilities.
• Adaptability in a dynamic environment.
• Proficiency in Microsoft Excel and financial modeling tools.
• Integrity, discretion and loyalty

 Position Location  

To be based in Muscat Office and travelling to all depots in Oman