Job Description

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.

Qualifications

Essential 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

About Us

Our ingenuity fuels daily life. Together, we've forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably.

For 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.