Treasury Manager - Oil & Gas

SUMMARY:
We are seeking an experienced Treasury Manager to lead treasury operations, banking relationships, liquidity management, customer collections, and payment governance within a dynamic Oil & Gas environment

POSITION INFO:
Purpose: This role is responsible for ensuring the effective management of cash flows, direct debit collections, customer account clearing, banking activities, payment controls, and treasury governance while maintaining a strong internal control environment and compliance with segregation of duties requirements. Key Responsibilities : Manage daily cash positions, liquidity, and cash flow forecasting. Oversee banking operations, bank account management, and reconciliations. Lead payment governance, approval controls, and treasury authorization processes. Oversee daily direct debit collections and customer receipt processing. Ensure timely and accurate clearing and allocation of customer accounts. Oversee customer clearing, suspense, and unapplied cash accounts, ensuring all clearing accounts are reviewed and reconciled weekly and fully cleared at month-end. Investigate and resolve aged, unmatched, or unapplied cash items and ensure exceptions are escalated and resolved within agreed timelines. Drive working capital optimisation through effective collections and cash management. Monitor treasury accounting, journals, reconciliations, and financial posting accuracy. Review treasury reports, cash performance, and liquidity forecasts. Maintain strong internal controls, fraud prevention measures, and audit compliance. Partner with Finance, Accounts Receivable, Accounts Payable, and operational stakeholders to improve cash conversion and treasury efficiency. Key Requirements Degree in Finance, Accounting, Treasury, Economics, or related discipline. Professional qualification (CA(SA), CIMA, ACCA, CFA, ACT or equivalent) advantageous. Minimum 5 years' experience in Treasury, Banking, Cash Management, or Corporate Finance. At least 3 years in a management role. Experience within Oil & Gas, Energy, Mining, Petrochemical, or large corporate environments preferred. Strong knowledge of treasury controls, banking operations, payments, collections, and working capital management. SAP Treasury, SAP FI, Cash Management, and electronic banking systems experience highly preferred. Success Measures Effective liquidity and cash flow management. Accurate and timely bank reconciliations. High collection and direct debit success rates. Daily clearing of customer accounts and minimization of unapplied cash. Strong payment governance and fraud prevention controls. Compliance with audit, regulatory, and internal control requirements. All clearing and suspense accounts reviewed weekly and reconciled monthly. No material aged unapplied cash items outstanding beyond approved timelines. 100% month-end review and clearance of unapplied cash and unmatched receipts.