Manager Corporate Finance & Government Relations

Job title

Grade

Stream

Finance

Function

Treasury & FPA

Location

Oman – Muscat

Budget control

*OPEX and/or CAPEX and/or Revenue amount as relevant*

Reporting to

Head Corporate Finance, DCM and IR

Direct Reports

Job purpose

Lead the Corporate Finance and Debt Management t activities & team at OQ Corporate, under Head of Corporate finance, acting as single point of accountability and lead role for the end-to-end process related with raising funding through Loan Capital Markets (assessment of capital needs, evaluate financing options, negotiate loan agreements, and manage relationships with banks) and Manage Intercompany Loan agreements by: (1) Develop and implement the funding strategy for further decision-making process and guide on sources of funding, (2) Lead capital structure for short term and long-term debt management (associated with bilateral and syndicated lines, debt issuance, shareholders financing), (3) Maintain and cultivate domestic and international banking relationships for the development and implementation of funding strategies,(4) Track Corporate Loans and support the Subsidiaries (loan agreements, interest calculations and repayments), and (5) Ensure a high quality reporting process and continuous improvement initiatives, while encourage the capacity building of assigned team; in order to ensure the OQ Group company's financial health and success.

The position will act in accordance with the Group’s Mission, Vision, Values & Strategies, as well as, policies, guidelines, and international standards, supported by an IT Technology platform, HSE standards, Omani’s government & other legal justifications, and best international practices in consonance with national objectives.

Main tasks and responsibilities

Funding Strategy

Develop and implement the OQ Corporate funding strategy for further decision-making process
inlead the end-to-end process for raising funding through debt capital markets.
Ensure compliance with financial regulations, internal controls, performance indicators, key metrics, and trends to provide insights and recommendations for improvement.
Advise on sources of funding, negotiating with lenders and managing the funding obtained
Identify and assess possible financial risks, develop risk mitigation strategies, and ensure compliance with regulatory requirements.

Stakeholder Relations (Banking, OIA, DMO & Subsidiaries)

Maintains and cultivates domestic, Regional and international banking relationships to develop and implement funding strategy
Manage Communications and Coordinate with OIA and DMO regarding funding requirements and approvals
Support Assets/Subsidiaries with Debt raising initiatives.

Monitoring & Reporting

Maintain and track Intercompany Loans (loan agreements, interest calculations and repayments)
Manage debt reporting activity, preparation, and submission of debt reporting pack on a regular basis to all stakeholders, including but not limited to CFO, ILT, OIA, MoF, shareholder and ad Hoc reporting packs.
Oversee debt covenant compliance analysis, forecasting, reporting and KYC

Continuous Improvements

Promote and encourage continuous learning and development among team members.
Contribute to the development and implementation of departmental policies, systems, processes, procedures, and controls, and continuously identify and recommend improvements while ensuring compliance with the group guidelines, international / local standards, and relevant legislation.

Leadership

Leading, coaching, mentoring, and developing the Corporate Finance team to ensure optimal performance and effective succession planning.

Key interactions

Internal: OQ SAOC Streams/OQ Group Assets

External: Ministry of Finance (Debt Management Office) and OIA Contractors, Vendors & Suppliers

Notable Working Conditions. Office environment, intensive computer screen use, sporadic visits to operation site.

Education requirements

Minimum qualification is a bachelor’s degree in Finance, Economics, Management, or equivalent
CFA, MBA, or master’s in finance (Preferred)

Language

Excellent knowledge of written, read, and spoken English (required)

Background and experience

Competencies and skills

A minimum of 8-10 years of relevant experience, preferable in a similar role
Experience of dealing in banking relationships, and raising large bilateral/syndicated credit facilities, raising finance in debt capital markets in a Bank or Oil and Gas sector.
Demonstrate a deep understanding of local markets and key players
Financial Expertise of financial principles, accounting standards, financial analysis, and corporate finance concepts.
Understanding of the industry dynamics, competitive landscape, and market trends to provide strategic financial advice.

Soft:

People Leadership skills
Strategic Thinking
Analytical Skills
Problem-Solving
Ability to handle and clearly communicate complex financial information
Strong analytical and communication skills, including verbal and written skills
Ability to build and maintain effective relationships with internal stakeholders, external partners, and financial institutions.
Highly organized and ability to work independently
Willingness to adapt to changing business environments and take initiative in driving financial initiatives and process improvements
Ethical Conduct

Technical:

Computer literacy including MS Office
Corporate Finance
International banking relationships
Funding strategies and Negotiations
Capital structure (short term and long-term debt management, bilateral and syndicated lines, debt issuance, shareholders financing)
Legal requirements related with rollovers, rate sets, repayments, and prepayments
Intercompany Loans (loan agreements, interest calculations and repayments)
Debt covenant compliance analysis, forecasting and reporting
Corporate Finance policies, systems, processes, procedures, and controls.
Proficiency in financial analysis, forecasting, and modeling, with the ability to interpret complex financial data and provide actionable insights.

Similar jobs

No similar jobs found

Term of use Privacy policy