Job Overview:
The Senior Treasury Analyst uses best practices and knowledge of internal or external issues to improve the Treasury Discipline within McDermott. They will act as a resource for colleagues with less experience and share their conceptual and practical expertise related to the Treasury Discipline. The Senior Treasury Analyst solves complex problems and uses their discipline-specific knowledge to improve their products or services. The Senior Treasury Analyst impacts a range of customer, operational, project, or service activities with the treasury team and other related teams and ensures that they work within the appropriate guidelines and policies.
Responsibilities
Key Tasks and Responsibilities:
- Coordinate between commercial/bids team and corporate treasury for the following
- Review and approval of bank guarantee text format for bid submission.
- Arrange for any bank support letters from corporate treasury or bank as per the requirement
- Coordinate with Bid and Project Team
- Liaise with corporate treasury/bank for the Bank Guarantee issuance.
- Reach out to prospect relationship banks for identifying opportunities for new credit lines
- Ensure regular updates and information is being shared with existing Banks for annual renewal of facility
- Maintain healthy banking relations with existing and resolving any issues with respect to receipt, payment, Bank Guarantees
- Prepare list of outstanding Bank Guarantee details with project, entity and the facility used on a monthly basis.
- Prepare Bank Guarantee forecast quarterly in consultation with the project teams and ensure timely internal reviews and submission to stakeholders.
- Review and sign off the petty cash reimbursement claims from petty cashier(s) in line with company policies and procedures
- Review and sign of the treasury receipt journal monthly as per the SOX control requirement
- Ensure SOX compliances relating to treasury activities are handled as per company policy.
- Ensure effective cash flow management by funding the account periodically
- Any ad hoc requirement for the Treasury Function to be adhered
- Hands on experience in Treasury products and system
Liaise with: Corporate treasury, project accounting teams, commercials team, banks and tax group.
QualificationsEssential Qualifications and Education:
- Qualified Chartered Accountant or equivalent qualification from internationally recognized institute
- Around 3-6 years of relevant post qualification experience
- Good understanding of banking functions
- Good communication skills
- Detailed experience in own discipline
- Ability to multi-task and manage tight reporting schedule
- May undertake projects and shares expertise
- Ability to work independently with minimum amount of supervision
- Ability to work with stakeholders of all levels as needed
#LI-DA1
About UsFor more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.
Skills Required
- Qualified Chartered Accountant or equivalent qualification from internationally recognized institute
- Around 3-6 years of relevant post qualification experience
- Hands-on experience in treasury products and systems
- Good understanding of banking functions
- Knowledge of SOX controls and compliance relating to treasury activities
- Good communication skills
- Ability to multi-task and manage tight reporting schedules
- Ability to work independently with minimum supervision
- Ability to work with stakeholders at all levels
- Ability to undertake projects and share expertise
What We Do
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach to design and build infrastructure solutions to responsibly transport and transform oil and gas into the products the world needs today. From concept to commissioning, our expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. It is called the “One McDermott Way.” Operating in over 54 countries, McDermott’s locally-focused and globally-integrated resources include approximately 40,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.
.png)
