Oilserv Limited is a premier provider of integrated Engineering, Procurement, Construction, Installation & Commissioning (EPCIC) services is recruiting for a Head, Treasury.
Also see:Content Creator at Multipro Consumer Products Limited – FMCG Marketing Jobs Lagos
Quick Summary of Head, Treasury at Oilserv Limited
| Company | Oilserv Limited |
| Category | Job |
| Job Type | Full time |
| Job title | Head, Treasury |
| Application Mode | Online portal |
| Location | Port Harcourt, Rivers |
| Benefits | Pension, HMO, Salary |
| Experience Required | |
| Application Deadline | July 1, 2026 |
About Oilserv Limited
Oilserv Limited is a premier provider of integrated Engineering, Procurement, Construction, Installation & Commissioning (EPCIC) services and complementary solutions across the asset and program life cycle across the onshore, offshore and subsea market segments of the oil and gas sector.
Oilserv is a proud indigenous Nigerian corporation with over 30 years of experience, established in 1992 and started operations in 1995. The company has transformed from a construction company to a complete EPCIC solutions provider providing end to end solutions from conceptual studies to commissioning with indigenous expertise & global standards.
Oilserv has a strong track record including:
- 19 major pipeline projects, total length 933 km
- 76 pipeline fix leaks
- 28 surface installations built
- 18 significant HDD river crossings include River Niger.
- 84 successful Horizontal Thrust Boring operations
Its client list includes industry heavyweights including NNPC, NLNG, SPDC, OANDO and TotalEnergies. Oilserv has also extended its activities to Benin, Ghana, Senegal and other Pan-African economies. The company has a workforce of about 2,000 – 99.6% of whom are Nigerians and Africans and embodies indigenous leadership in the energy sector
Job Summary
The Head, Treasury will lead and manage the Group’s treasury function, ensuring optimal liquidity, funding, cash flow visibility, and financial risk management across all EPCIC operations.
The role is responsible for safeguarding financial assets, optimizing capital structure, and supporting project execution through effective treasury planning and controls.
Key Responsibilities
Treasury Strategy & Governance
- Develop and implement Group treasury strategy aligned with corporate objectives
- Establish treasury policies, controls, and governance frameworks across all entities
- Drive centralization of treasury operations where applicable (cash pooling, payment controls)
Cash Flow & Liquidity Management
- Oversee Group cash flow planning, forecasting, and monitoring
- Ensure adequate liquidity to meet operational and project funding requirements
- Optimize working capital across projects and business units
Project Financing & Funding
- Structure and secure funding for EPCIC projects (bank facilities, project finance, trade finance)
- Support bid and tender processes with financial input on funding strategies
- Manage relationships with banks, financial institutions, and lenders
Banking & Relationship Management
- Maintain strong relationships with local and international banks
- Negotiate banking facilities, fees, and service levels
- Manage banking structure, accounts, and signatories across the Group
Financial Risk Management
- Identify and manage financial risks, including FX, interest rate, and liquidity risks
- Implement hedging strategies where appropriate
- Monitor market trends and advise management on financial exposures
Working Capital Optimization
- Drive initiatives to improve cash conversion cycle (receivables, payables, inventory)
- Collaborate with Commercial and Project teams on billing, collections, and milestone payments
- Monitor contract cash flow profiles and enforce discipline
Treasury Operations & Controls
- Ensure strong internal controls, segregation of duties, and fraud prevention mechanisms
- Oversee daily treasury operations, including payments, collections, and reconciliations
- Implement and manage treasury management systems (TMS)
Foreign Exchange & Trade Finance
- Ensure efficient FX sourcing and cost optimization
- Oversee trade finance instruments (LCs, guarantees, bonds)
- Manage foreign currency exposures and cross-border payments
Compliance & Reporting
- Ensure compliance with financial regulations, banking covenants, and internal policies
- Prepare treasury reports for executive management and the Board
- Monitor compliance with loan agreements and covenants
Team Leadership & Development
- Lead and develop the Group treasury team
- Build treasury capability across business units
- Set performance objectives and ensure high standards of execution
Requirements
Educational Qualification
- Bachelor’s Degree in Finance, Accounting, Economics, or a related field
Professional Certification
- Professional certification (ACA, ACCA, CFA) required
- ACT/CIT is an optional advantage
Experience
- 12–15 years experience in treasury or finance
- Experience preferably within EPC/EPCIC or oil & gas
- Proven experience managing multi-entity treasury operations
- Strong experience in project financing and banking relationships
What We Offer
| Benefit | Details |
| HMO Cover | Comprehensive health insurance |
| Pension | Contributory pension scheme |
| Leave | Annual leave entitlement |
How to Apply
Interested and qualified candidates should apply online through the Oilserv Limited careers portal:
Important Information
- Application Deadline: July 1, 2026
- Only shortlisted candidates will be contacted
- Oilserv Limited is an equal opportunity employer
YOU MAY ALSO BE INTERESTED IN:
Retired Senior Army Officer at Agrited | How to Apply
E-Commerce Operation Officer at Whip Smart Service Providers | ₦150k Monthly
Head of Marketing, Branding & Communications at Whip Smart | ₦1M Monthly
Membership Drive Graduate Trainees at NICA | ₦150,000 Monthly Allowance | Apply Now
18 Job Vacancies at Dr. Peter Odili Cancer & Cardiovascular Hospital (POCCH)
Brand Illustrator, 3D Animator, Motion Graphics at Apex Network | Remote Design Job
Analyst (Marketing, Recruitment & Admission) at Tetra Maritime