
Treasury Services Director
15 hours ago
Job Overview:
Oman Air is recruiting a Treasury Manager to manage the airline's debt portfolio and ensure compliance with all debt-related covenants.
Key Accountabilities:
- Evaluate financing proposals, negotiate contracts, and finalize details of funded and unfunded credit facilities.
- Manage the end-to-end financing RFP process, including identifying liquidity pools and groups of lenders, sourcing, and evaluating proposals.
- Develop and implement a debt strategy aligned with Oman Air's transformation program.
- Manage the airline's debt portfolio and analyze and optimize the debt maturity profile.
- Evaluate refinancing opportunities to reduce interest costs and improve financial flexibility.
Risk Management:
- Support the management of interest rate and jet fuel price risks in line with the risk appetite defined by management and the board.
- Identify and assess financial risks associated with Oman Air's debt portfolio.
- Implement hedging strategies to mitigate interest rate and currency exchange risks.
- Monitor market conditions and economic indicators to assess their impact on the debt portfolio.
Treasury Operations:
- Develop a robust control environment to comply with the Manual of Authority and treasury management policy.
- Manage treasury systems (online banking platforms, TMS, Swift) and develop related processes, policies, and procedures.
- Play an active role in implementing the Treasury Management System (TMS).
- Assist the Vice President of Treasury with strategic corporate initiatives and ongoing business projects.
Qualifications:
- 8+ years of financial or accounting experience.
- Bachelor's degree in finance or accounting (mandatory). Post-graduate degree/accreditation is a plus.
- Strong ethical conduct and dedication to maintaining ethical standards across all corporate matters.
- Demonstrated organizational and leadership abilities.
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