Senior Treasury Officer - Oil and Gas

Senior Treasury Officer

Education:

Bachelor's degree in Finance, Accounting, Economics, or related field

ACT qualification (CertT, AMCT, or MCT) is particularly relevant and valued for this role

Experience:

· Minimum 5–7 years of experience in treasury, cash management, or financial risk roles

· Direct experience in the oil & gas, energy, or petrochemicals sector is strongly preferred

· Proven hands-on experience in cash and liquidity management, bank relationship management, and treasury operations

· Experience managing foreign currency exposures and executing FX transactions in a multi-currency environment

· Exposure to commodity price hedging or financial derivatives in an oil & gas or energy context is a significant advantage

· Experience in debt administration — including loan drawdowns, repayments, covenant monitoring, and lender reporting

· Familiarity with reserves-based lending (RBL) or project finance debt structures is an advantage

· Experience working with a treasury management system (TMS) is preferred

· GCC or MENA regional experience is an advantage; familiarity with Qatar Central Bank regulations and the local banking environment is a plus

Industry Knowledge:

· Strong understanding of oil & gas cash flow dynamics, including production-linked revenues, lifting cost cycles, CAPEX-intensive investment phases, and royalty/tax payment obligations

· Knowledge of FX risk management, including natural hedging, forward contracts, FX swaps, and cross-currency instruments

· Understanding of commodity hedging instruments such as crude oil futures, swaps, options, and collar structures

· Familiarity with IFRS 9, particularly in relation to financial instruments, hedge accounting, and fair value measurement

· Knowledge of intercompany funding structures, including cash pooling and intra-group loan mechanics within multi-entity organizations

· Awareness of petroleum fiscal payment obligations such as royalties, petroleum income tax, and government profit oil, along with their treasury timing implications

· Understanding of banking documentation, including facility agreements, security packages, and covenant compliance

· Familiarity with ISDA master agreements and derivative documentation is an added advantage

Core Responsibilities:

· Manage daily cash and liquidity positions across all company bank accounts and entities

· Prepare short-term and medium-term cash flow forecasts aligned with production revenue projections and CAPEX programs

· Execute and settle FX transactions, manage currency exposures, and maintain hedging positions in line with company risk policies

· Monitor and manage commodity price hedging programs, including execution, settlement, and mark-to-market reporting

· Administer debt facilities, including coordinating drawdowns, repayments, interest payments, and preparing covenant compliance certificates

· Maintain and strengthen bank relationships, including negotiating banking fees, credit facilities, and trade finance instruments

· Oversee intercompany funding arrangements, cash pooling structures, and intra-group loan documentation

· Ensure timely settlement of treasury-related payments, including royalties, petroleum taxes, and NOC obligations

· Prepare treasury reports for senior management, including liquidity dashboards, hedging effectiveness reports, FX exposure summaries, and debt maturity profiles

· Implement and maintain treasury policies, controls, and procedures in line with governance requirements

· Support the Finance Director in financing transactions, refinancing activities, and capital structure management

· Liaise with external auditors on IFRS 9 hedge accounting documentation and financial instrument disclosures

Key Skills:

· Strong technical treasury knowledge, including cash management, FX, derivatives, and debt administration

· Solid understanding of IFRS 9 hedge accounting and financial instrument classification

· Proficiency in treasury management systems (TMS) and ERP treasury modules

· Advanced Excel skills for cash flow modeling, scenario planning, and exposure analysis

· Analytical and detail-oriented, with the ability to reconcile positions, identify discrepancies, and resolve issues

· Strong communication skills for managing interactions with banks, lenders, and senior management

· Ability to work under pressure and meet tight treasury deadlines

· Understanding of oil & gas operational cash flow patterns and their impact on treasury planning

· High level of integrity and strict adherence to financial controls due to the sensitive nature of treasury operations

Note- Please read the JD and apply for the position if your experience and position aligning with the requirements.