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Treasury Manager

Cool Company Management Norway AS
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Olje / Gass, Maritim / Shipping
Økonomi / Finans / Regnskap


Treasury Manager to shipping business on the go!

CoolCo is a ship owning and ship management company in the LNG business. We provide first class in-house technical and commercial management services to a total of 30 LNG vessels, of which 12 is owned by the company. The company also has 8 additional LNGCs and 9 FSRUs owned by third parties. CoolCo is a new entity that has taken over the shipping business of Golar LNG. We are happy to have a large new shareholder onboard with substantial leverage in the shipping industry and with a strong intention to expand our business to become a market leader in LNG shipping.

CoolCo is listed on the Euronext Growth in Oslo under the symbol “COOL” and is incorporated under the name Cool Company Ltd. in Bermuda, with headquarters in London and operational support office in Oslo. Besides London and Oslo, CoolCo also has offices in Split-Croatia and Kuala Lumpur-Malaysia, 70 employees in total. The Oslo office employs near 50 people.

Given the spin-off of CoolCo from Golar, the company is in need of a Treasury Manager to oversee the treasury-related activities. CoolCo has several financing facilities in place including senior bank debt and sale & leaseback, and recently successfully tapped into the equity market.   

The successful applicant will work closely with the CFO and Group Business Controller and all other finance functions in managing all areas of the operational treasury function, including but not limited to Cash Management, Compliance, Treasury Accounting, Debt & Compliance management and Forecasting.

The position reports to Group Business Controller (Oslo) and CFO (London).


  • quarterly/annual treasury reporting 
  • managing bank relationships
  • KYC (Know Your Customer) and onboarding
  • preparation, analysis and issuance of debt compliance updates for senior management
  • developing a groupwide debt compliance programme to ensure all parties are aware of relevant restrictions or undertakings 
  • documenting and maintaining a ‘database’ of all existing debt/lease agreements and updating and training relevant parties on our covenants 
  • handle all areas of FX, commodity and interest rate risk management (strategy, documentation, execution and monitoring)   
  • regular review and maintenance of Sox controls – working with internal and external auditors.     
  • assisting the Finance team in the documentation of new financings – especially covenant management and alignment
  • ad hoc projects


We are looking for a dynamic treasury generalist with a strong background who is looking to take the next step up in their career. We expect the candidate to have a good understanding of and experience of cash management, reviewing contracts/loan agreements, treasury reporting requirements and to have experience in rate risk management.     

  • Master’s degree in Finance, Business, Accounting etc. 
  • approximate 10 years experience in a Treasury environment 
  • able to understand legal contracts and to summarise key points  
  • treasury accountancy experience – preferably qualified   
  • good Excel modelling skills
  • fluent in English

Personal characteristics: 

  • well-developed analytical skills and attention to details
  • proactive and responsible attitude to workload, able to own the key duties of the role and strive for continuous improvement
  • a good team player with the confidence and ability to work autonomously when required
  • able to work to tight deadlines and act decisively
  • able to communicate results/findings confidently to a wide range of audiences, including CEO/CFO/Controllers  

CoolCo offer: 

  • challenging and varied tasks in a newly established international shipping company
  • brand new offices downtown Oslo from February 2023 
  • competitive terms and conditions