TREASURY ANALYST

Company Description

Weatherford is a leading global energy services company. Our world-class experts partner with customers to optimize their resources and realize the full potential of their assets. Across our operating locations, including manufacturing, research and development, service, and training facilities, operators choose us for strategic solutions that add efficiency, flexibility, and responsibility to any energy operation

Job Description

DUTIES & RESPONSIBILITIES:

• Coordinate all aspects pertaining to the issuance of letters of credit (L/Cs) with regions, banks, and L/C beneficiaries.
• Recommends language for L/Cs to mitigate risks and meet credit agreement constraints, contract requirements, and legal considerations.
• Monitors L/C portfolio and coordinates with regions for purpose of achieving timely cancellation of outstanding L/Cs.
• Prepare and analyse monthly and quarterly consolidated letters of credit reports and summaries.
• Reconciles and arranges payment and allocation/intercompany billing of banking invoices for L/C fees and commissions.
• Compile and analyse cash flow forecasts reported from the regions; project short term liquidity and funding needs around the globe.
• Perform variance analysis and develop performance reports for cash flow forecasts.
• Assist with special projects related to cash management or corporate finance, as required.
• Understand and comply with all safety rules and company policies of Weatherford.

Qualifications

SKILLS & KNOWLEDGE:

• Bachelor's degree in accounting, finance, economics or a related field.
• Minimum of 4 years relevant experience.
• Financial modelling.
• Advanced English Oral/written communication.
• Experience reviewing and issued bank guarantees
• Strong knowledge and experience of processing and issuing letters of credit, bank guarantees and bid bonds
• Ability to manage projects, as necessary.