Treasury Manager at Sahara Group

Sahara Group is a leading privately owned Power, Energy, Gas and Infrastructure Conglomerate established in 1996 with operating companies active in the downstream, midstream, upstream, infrastructure and power sectors. Sahara has presence in different locations including Africa, The Caribbean, Asia and Europe.
The Group’s strategy is to replicate its successes in Oil and Gas sector in the Energy & Infrastructure sector. To achieve this, Sahara has set out a roadmap for investing in people, processes, strategic acquisitions, principal investments and continuous expansion within, initially, the West African energy & infrastructure space, and then globally.Accountabilities

Cash & Liquidity Management

Manage daily global cash positioning and ensure timely execution of payments and wire transfers.
Develop and maintain accurate short-term and long-term liquidity forecasts.
Oversee cash pooling arrangements and intercompany lending activities to optimize internal liquidity.
Monitor cash balances to ensure sufficient liquidity for operations, CAPEX, and debt obligations.

Risk Management Execution

Execute approved hedging strategies for commodities, foreign exchange, and interest rates.
Monitor counterparty risk exposure and ensure compliance with risk policies.
Track and report on hedge effectiveness versus targets and market outcomes.
Collaborate with senior finance leadership on risk management policies and strategies.

Debt & Capital Administration

Manage execution of drawdowns, repayments, and rollovers of credit facilities.
Ensure timely calculation and payment of interest and related charges.
Monitor debt covenants and compliance with financing agreements.

Banking Relationships

Manage day-to-day relationships with banks and financial institutions.
Negotiate banking fees, credit terms, and service agreements to minimize costs.
Administer bank accounts, including opening, closing, and maintaining appropriate signatory controls.
Ensure compliance with internal controls and segregation of duties in treasury operations.

Reporting & Process Improvement

Prepare and deliver treasury reports, including cash forecasts, debt schedules, and risk exposure summaries.
Develop and maintain treasury policies, procedures, and internal controls.

Requirements 

Bachelor’s degree in finance, Accounting, Economics, or related discipline.
Professional qualification (ACT, CFA, ACCA, CPA, or equivalent) strongly preferred.
7–10 years of progressive experience in treasury, corporate finance, or banking.
Experience in cash forecasting, liquidity management, and risk management in multinational or capital-intensive industries (oil & gas preferred).
Strong knowledge of financial instruments, hedging products, and debt facilities.
Proficiency in treasury management systems (TMS), ERP systems (SAP, Oracle), and advanced Excel.
Ability to maintain strong relationships with external parties and internal colleagues
Knowledgeable in IFRS.