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