Treasury Manager

Company: Citation Oil & Gas Corp.

Job Title: Treasury Manager

View online here: https://www.cogc.com/careers/available-positions/?jobId=093d89ab-604d-7969-0acc-e0c5af10ad3f

Position overview:

Location: Houston – in office

Reports to: VP – Finance & Strategic Planning

Citation is seeking a high-performing Treasury professional to lead the company’s treasury, liquidity, and risk management activities. This role is well suited for either:

• An experienced Treasury Manager, or
• A top-tier Senior Treasury Analyst or individual contributor who is ready for a step-up opportunity into broader ownership and leadership responsibilities.

The role carries significant visibility and responsibility and partners closely with executive leadership. For the right candidate, this position offers meaningful scope, autonomy, and a clear opportunity to grow into a long-term leadership role.

Responsibilities:

Treasury & Liquidity Management

• Own all aspects of cash management, banking services, and short- and medium-term operating cash forecasting, including integration with longer-term cash flow projections.
• Administer the company’s reserve-based credit facility, including compliance reporting, borrowing base activity, and lender coordination.
• Support the CFO and VP–Finance & Strategic Planning in maintaining banking relationships, preparing materials for semi-annual bank meetings, and reviewing and negotiating credit agreements.
• Monitor counterparty credit exposure and perform credit analysis as required.
• Administer company and counterparty guarantees and other credit support arrangements.
• Oversee the corporate credit card program and ensure compliance with company policy.
• Monitor adherence to the company’s Delegation of Authority policy and procedures.

Hedging & Financial Risk Management

• Administer transaction reporting and documentation for commodity and interest rate hedging activities.
• Assist with mark-to-market reporting, controls, and audit support related to hedging activities.
• Support internal and external audit processes related to treasury and hedging.

Insurance & Enterprise Risk Management

• Manage the company’s property and casualty insurance program, including annual renewals across all lines of coverage.
• Maintain organized records of insurance policies, endorsements, binders, and certificates of insurance.
• Review policy language and coverage terms for accuracy and alignment with business needs.
• Track and manage open insurance claims; maintain claims logs and prepare periodic summaries for management.
• Serve as the primary internal point of contact for insurance-related matters.
• Coordinate certificates of insurance and support contractual risk transfer reviews.
• Administer the company’s driver policy, including telematics compliance and safe-driving incentive programs.
• Coordinate compliance with drug and alcohol testing programs in partnership with HR and EHS.
• Analyze risk exposure and support loss control and safety initiatives.

Leadership, Process & Controls

• Provide leadership for treasury-related process and system improvements.
• Establish, maintain, and continuously improve written treasury, insurance, and risk management policies and procedures.
• Participate in setting Finance & Planning department goals and objectives.
• Recruit, coach, develop, and evaluate treasury staff; conduct performance reviews and establish annual goals.
• Ensure appropriate training, cross-training, and professional development of team members.

Special Projects

• Assist with special projects and ad hoc analyses as required by executive leadership.

Qualifications:

Required

• Bachelor’s degree in Finance, Accounting, Economics, or Business Administration.
• 8–12+ years of progressively responsible experience in treasury and corporate finance.
• Strong experience with:
• Cash flow forecasting and liquidity management
• Credit facility administration (reserve-based, asset-based, or similar structured facilities)
• Banking relationships and lender communications
• Commodity and/or interest rate hedging
• Counterparty credit analysis and risk management
• Proven ability to independently manage complex responsibilities with limited oversight.
• Strong written and verbal communication skills, including the ability to interface with senior leadership.
• Demonstrated accountability, execution discipline, and ownership mentality.

Preferred (Not Required)

• Experience in upstream oil & gas is preferred, but not required.
• Candidates with treasury experience in oilfield services, midstream, downstream, or ‘upstream-adjacent’ experience will be seriously considered.
• Prior supervisory or people management experience is a plus, but not required.
• Candidates who have demonstrated informal leadership, project ownership, or mentorship and are seeking a step-up opportunity are strongly encouraged to apply.
• MBA or Master’s in Finance.
• Corporate administrator of risk management (insurance) program
• Professional certifications such as CTP, CPA, or CFA.
• Experience with policy development, internal controls, audit processes, and process improvement initiatives.

Education:

• Bachelor’s degree in Finance, Accounting, Economics, or Business Administration.
• MBA or Master’s in Finance.

Physical Requirements:

• Primarily a desk job. Requires standing and walking less than 1 mile/day