Job description

Group Treasury Manager (Holding ) Erbil

• Posting Date: 14/09/2026
• Ref: IRQ-51
• Position: Group Treasury Manager (Holding ) Erbil
• Location: Iraq
• City: Erbil
• Sector: Holding
• Years of Experience 15 plus
• Qualification: BA Finance or Accounting , CTP is preferred
• Salary: High Market Rate
• Workdays: 5
• Description: We are seeking a seasoned and strategic Treasury Manager to take full ownership of the group treasury department for our mega-scale oil and gas conglomerate based in Erbil, Iraq. Reporting directly to the Chief Financial Officer (CFO), the Treasury Manager will lead all aspects of corporate treasury, multi-currency liquidity management, complex trade finance instruments, loan facility structuring, and high-level banking relationship management across local, regional, and international financial institutions. KEY RESPONSIBILITIES Trade Finance & Banking Facilities
  • Lead all trade finance operations across the conglomerate, directing the issuance, negotiation, amendment, and settlement of Letters of Credit (LCs) and Letters of Guarantee (LGs).
  • Negotiate competitive terms, credit limits, pricing, and covenants for corporate loans, working capital facilities, project financing, and revolving credit lines.
  • Serve as the primary senior liaison to local, regional, and international commercial banks, maintaining strong institutional partnerships.
  Liquidity Management & Cash Flow Projections
  • Design, implement, and maintain advanced group-wide rolling cash flow models, daily liquidity forecasting, and long-term capital allocation strategies.
  • Optimize multi-entity and multi-currency cash positioning across international accounts to support large-scale oil & gas upstream, midstream, and downstream operations.
  • Execute foreign exchange (FX) risk management and hedging strategies to mitigate currency and interest rate exposure.
  Governance, Compliance & Treasury Operations
  • Establish, enforce, and audit group treasury standard operating procedures (SOPs), financial controls, and risk mitigation frameworks.
  • Collaborate closely with group accounting, procurement, and operations teams to align liquidity schedules with major capital expenditures (CapEx) and operational expenditures (OpEx).
  • Deliver comprehensive monthly and quarterly treasury performance dashboards, cost-of-capital analyses, and risk reports directly to the CFO and Board members.
  CANDIDATE QUALIFICATIONS & REQUIREMENTS
  • Experience: Minimum 15 years of progressive corporate treasury experience, with a proven track record leading group treasury operations in mega-scale conglomerates, energy, or oil & gas sectors.
  • Trade Finance Mastery: Deep hands-on expertise in structuring and managing LCs, LGs, syndicated debt, trade loans, and complex banking facilities.
  • Languages: Full professional bilingual fluency in both Arabic and English (written and spoken) is strictly required.
  • Education & Credentials: Bachelor's degree in Accounting, Finance, or Economics. Professional designations such as CTP (Certified Treasury Professional), AMCT/MCT, or CFA/MBA are strongly preferred.
  • Mobility & Sourcing: Based in or willing to relocate to Erbil, Iraq (applications welcomed from inside or outside Iraq).
  • Schedule & Availability: Standard 5-day working week; availability to join immediately or within 30 days is highly preferred.
  CORE SKILL FOCUS Comprehensive group treasury leadership, trade finance (LCs & LGs), syndicated loans & credit facility negotiations, corporate banking relations, liquidity optimization, cash flow forecasting, and FX risk management within the Oil & Gas sector.
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