Head of Treasury

Responsibilities:

Key Accountabilities:

·  Recognize cross-cultural and cross-organizational differences, and promote, develop and maintain understanding and collaboration

·  Contribute to updating, developing and maintaining effective rules and guidelines relating to treasury operations

·  Contribute to the preparation of departmental work plan & budget and the effective budget control as well as monthly, quarterly, and annual statistics of comparative cost analysis

·  Ensure compliance on payment obligation of the goods and service contracts and ensure compliance to local regulations and procedures regarding to taxes

·  Key working details include the followings:

1.    Cash and liquidity planning – monitor/plan cash inflow (cash call) and cash outflow (payments), cash conversion

2.    Payment procedure of goods and services (DZD and USD)

–  Petty cash and Cash on hand

–  Reimbursement, advance and clearing

–  Bank transfer instruction / Cheque

–  Internet banking

1.    Domiciliation process for imported shipment and imported services

2.    Algerian tax compliance and advisory to operations

–   Hydrocarbon royalty

–   Petroleum Revenue Tax (TRP)

–   Surface tax, gas flaring tax, tax on the use of water

–   Withholding tax, bank domiciliation tax on imported service

–   VAT exemption procedure

3.    Account Closing (ERP used: SAP ECC 6.0)

–   Cash call estimation, preparation and Offset procedure

–   Cash at bank and cash on hand reconciliation

–   Contribute to SAP S/4HANA implementation in area of treasury

–   SAP posting in responsible area and Support audit planning and audit mission

–   Support periodic report and cost analysis of the areas under responsibility for effective operation cost

4.    Consultation and support on procurement related matters e.g. bank guarantee

Profile:

Professional Knowledge & Experience:

· Degree in Business or Accounting

· Experience in treasury work in oil and gas business – minimum of 10 Years

· Communication in English and French

Additional Desirable Qualifications:

·  Experience in SAP

·  Experience in taxation