Senior Treasury Analyst

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Job Family: Treasury
Updated At: May 17, 2019

ORGANIZATION SUMMARY

Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. The Company operates in over 90 countries and has a network of approximately 1,000 locations, including manufacturing, service, research and development, and training facilities and employs approximately 29,500 people. For more information, visit www.weatherford.com and connect with Weatherford on LinkedInTwitterYouTube and Facebook.

Weatherford delivers innovative technologies and services designed to meet the world’s current and future energy needs in a safe, ethical, and sustainable manner. Grounded by our core values and inspired by our world-class people, we are committed to being a trusted business partner to those we serve.

 

 

JOB DESCRIPTION

This position will be primarily responsible for the issuance and administration of letters of credit from corporate credit facilities and overseeing the issuance of letters of credit/bank guarantees from bilateral credit facilities.  In addition, this position will manage the semi-monthly global cash forecast process and, as needed, develop presentations and participate in inter-departmental projects. 

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 analyze 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 analyze 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

5+ years of Treasury experience

Must have experience with issuing letters of credit.

Must have strong knowledge of letters of credit.

Strong analytical and quantitative

Strong experience working with financial spreadsheets, formulas, tables, and pivots.

Good forward thinking skills and ability to troubleshoot  

Organizational, time-management and setting & meeting deadlines

Summarizing/reporting of information

Oral/written communication

Providing service to individuals in other departments

Ability to work well with others

Ability to manage projects, as necessary

Strong Computer skills – Microsoft Excel, Microsoft Word

Bachelor's degree in accounting, finance, economics or a related field

Preferred:

MBA, Masters in Finance, Masters in Economics or any other related field

CTP certification or CFA charter-holders/candidates are desired but not required 

Development of presentations, particularly PowerPoint

 

POSITION SPECIFIC DETAILS

Click here to chat live with a recruiter during US business hours

Weatherford offers competitive compensation and benefits upon hire; including paid vacation to start, matching 401K program, comprehensive benefits program and opportunities for on-going training and career development. VEVRAA Federal Contractor – Priority Referral Requested

Weatherford is an Equal Opportunity Employer Females/ Minorities/ Veterans/Disabled and gives consideration for employment to qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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