Our client is currently recruiting for a Head of Treasury. Located in Aberdeen, the role will be on a 12 month contract and offers a hybrid working arrangement. RESPONSIBILITIES Part of the Finance Leadership team involved in setting the strategy for the Finance function. Accountable for managing liquidity and cash balances including instigating deposits, optimising the banking footprint and ensuring availability of adequate working capital facilities. Alongside the Commercial Team, jointly responsible for the management and optimization of bank guarantees, parent company guarantees and letters of credit, bank accounts and escrow accounts including the Decommissioning Security Agreements. Accountable for managing intercompany loan positions, cash centralisation and dividends while maintaining the integrity of the inter-company loan matrix and ensuring compliance with legal and operational guidelines. Responsible for the integrity of all accounting in Treasury Limited. Responsible for identification, execution and management of FX and commodity hedges to mitigate currency risk within the Company’s operations and financing structure. Manage processes, policies and controls to support robust reporting, ensure timely and effective financial / management reporting and relevant forecasting of treasury activity and hedge positions to the CFO and the Board. Ensure all ledgers are maintained, supplier and customer reconciliations and reports are completed accurately and on time (for example GRIR) Responsible for the aged creditors, to ensure no monthly/year-end surprises, and co-ordinate the aged debt and aged creditor review with the wider Finance Operations team Ensure issues are resolved quickly for all internal and external stakeholders Lead the annual reviews of the Treasury policy, Commodity Hedging Policy, Treasury and Banking delegation of authority, bank mandates and bank portal access. Ensure the integrity of the Treasury management system, Medius AP system and all banking systems. Always seek improvement in process or systems to further minimise costs and increase efficiency in the function. Build and maintain positive working relationships with Shareholder Treasury Functions, banking relationship managers and any other key stakeholders. REQUIREMENTS Competencies Embeds Company Leadership Expectations into their everyday work and interactions, continuously learning and developing these competencies for themselves as well as their teams. A decisive leader who sets high standards and drives performance. Is agile, flexible, open to challenge and able to challenge appropriately. Great communication skills that informs/shares knowledge clearly and unambiguously, influences and persuades in a constructive way, sometimes influencing a change in the course of conversations, to gain agreement and collaboration. Demonstrable experience in complex and ambiguous situations – able to adopt a calm and composed mentality that promotes proactivity and deals with disagreements, problems and issues in an open and constructive manner. Key Technical Skills Full understanding of accounting standards for statutory and management reporting requirements and practical application. Full understanding of corporate governance and regulatory guidelines and practical application. Expert knowledge of relevant business processes end to end. Translates the business strategy into actions considering the trends of the internal and external environment and their impact on business performance. Strong controls & data integrity focus. Education Accounting qualification (ACCA, CIMA, ICAEW, ICAS) Relevant University Degree Association of Corporate Treasurers qualification Work Experience Previous relevant recent treasury experience, ideally in a large multi-currency and corporate / O&G environment