Reporting To: Head of Treasury
Seadrill is one of the worlds most modern offshore Deepwater drilling companies. Using ground-breaking technology we operate in 15 countries across 5 continents, employing some 5,000 people representing 65 nationalities. Our vision is to Set the Standard in Drilling. Its an ambitious goal. And every single one of us has a part to play. Help us to keep innovating, improving and maintaining the highest safety standards, and well give you what you need to be your best too.
Diversity and inclusion are more than words for us. Everyone is welcomeas an inclusive workplace, our people are comfortable bringing their authentic whole selves to work. We continue to build an inclusive culture that encourages, supports, and celebrates the diverse voices of our people. It fuels our innovation and connects us closer to our customers and the communities we operate in.
The Treasury team manage all group activities relating to cash management, debt, investments, derivatives, intercompany funding, issuance of guarantees and contribute to various projects associated with our global operations, group structure, M&A and new financing initiatives.
Managing a team of two direct reports,
the Treasury Manager will be responsible for the global cash management, cash
forecasting and Treasury and banking systems. This includes managing and
creating efficiencies in our global bank account structure, use of banking and
Treasury systems, group cash forecasting, KYC delivery and treasury
settlements. In addition to this the Treasury Manager will provide support to
the Head of Treasury on managing our JV partners and their debt facilities, and will contribute to setting the overall strategy for cash management, group
wide cash forecasting processes and developing our cash investment policy which
allows us to diversify our credit risk whilst seeking an optimal return on
JOB SPECIFIC RESPONSIBILITIES
Oversee weekly forecasting and funding of over 250 entities in 30+ countries with support from your team. This also includes liaising with other parts of the business to improve the process and make greater use of the new treasury system FIS Integrity.
Responsible for the end to end bank account opening and closing process including providing the necessary completed documentation to the banks and liaising internally with people as required, with support from your team. This includes becoming the expert for regional banking requirements and in particular understanding capital controls of countries we are operating in to support the establishment of new operations.
Taking lead with regard to weekly, monthly and quarterly reporting requirements, including the management of the Treasury Management System (currently FIS Integrity), which involves entering, reviewing and verifying data relating to financial instruments and loans.
Responsible for the group record of bank accounts and signatories in the new eBAM system, with support from your team, and be the expert in this system going forward and responsible for continually improving the efficiency and use of this system in our day to day activities. This will include providing reporting to colleagues for reconciling active bank accounts with Oracle and ensuring agreed process is maintained for updating signatories by your team.
Responsible for overseeing your team in maintaining and reconciling user access to various online banking portals and providing people with access where required. This includes the performance of quarterly SOX controls to verify suitable access to online banking platforms.
Manage two direct reports and coordinate responsibilities between the team effectively. This includes supporting objective setting and developing the team to improve in their experience and knowledge in the Treasury field for the benefit of the business.
Be the main point of contact for Treasury with our banking partners day to day in order to ensure we maintain a strong relationship and continue to improve efficiency of the bank account opening and closing process globally.
Oversee and develop efficiencies in Treasury settlements to support the needs of business units across the group via use of the newly implemented Treasury Management System, FIS Integrity.
Providing support to colleagues in managing Joint Venture relationships including monitoring related party loans, preparation of financial covenants and review of financial forecasts.
Support the team in ensuring compliance with internal and external Treasury controls and procedures, including SOX compliance and developing and implementing new procedures where necessary.
SAFETY AT SEADRILL
Our goal is to ensure that nobody gets hurt whilst performing their job. Everyone at Seadrill has a part to play in meeting our safety commitment.
Through strong leadership and personal responsibility from all employees, we take a systematic approach to identifying, managing and preventing the hazards involved in our day to day operations. Nothing is more important to us than the health, safety and security of our workforce and the communities in which we operate and behaving responsibly towards our shared environment. We are vigilant, disciplined and always looking out for one another. We have developed and embedded a strong safety culture onshore and offshore, fostered by all employees, who each have a personal responsibility and the authority to put an immediate stop to the job if they believe it to be unsafe. Everyone at Seadrill is accountable for helping to build this culture of care.
SEADRILL BEHAVIORAL FRAMEWORK
In Seadrill, setting the standard is not just about what we deliver, but how we deliver it.
We co-created our Behavioural Framework with our employees, where we identified four key competencies that define our culture and help us to live our values. Our behaviours are embedded in the way we work and support and guide us day to day:
Drive & Ownership
Change & Forward Thinking
Communication & Collaboration
Click on the link below to view Seadrill’s Behavioural Framework
[ Link removed ]
KNOWLEDGE, SKILLS AND EXPERIENCE
5-6 years experience in a dynamic international Treasury role
Demonstrable experience of managing a team
Good user knowledge of banking platforms and treasury management systems
High level of attention to detail, excellent organizational and time management skills
Flexibility and ability to work in a flexible manner and meet changing priorities
Ability to develop good working relationships with internal and external stakeholders at all levels
Excellent communication skills, both verbal and written
Self-motivated and able to work on own initiative
Working knowledge of FIS Integrity
Good Excel, PowerPoint, and financial modelling skills
Sound knowledge of financial reporting
EDUCATION AND QUALIFICATIONS
Bachelors Degree in a relevant discipline
AMCT professional qualification is an advantage or commitment to work towards achieving this is expected in this role
We value our people and want to retain them. So, we offer a competitive package built around an attractive base salary and a range of benefits tailored to your location.
Join Seadrill. Own the Opportunity.
Original source: Career Builder