Treasury Manager

Oman Investment Authority

Main Tasks & Accountabilities

• 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