Principal Treasury Analyst

We are currently exploring potential candidates for an upcoming role at McDermott. While this position is not yet open for active recruitment, we want to connect with talented individuals who may be interested in future projects with us. If you are passionate about building energy's future and want to be considered when this role becomes available, we encourage you to submit your details.  

Job Overview

The Principal Treasury Analyst interprets internal or external business issues and recommends best practices. They will be tasked with solving complex Treasury-related problems and will work independently with minimal guidance. The Principal Treasury Analyst may be responsible for leading functional teams or projects and is regarded as a specialist in the field of Treasury. As such, they must have in-depth expertise in Treasury and broad knowledge of the Treasury discipline within the Finance function. 

Key Tasks and Responsibilities

• Create a new payments file and ensure accurate rollover of formulas, balances, etc., monthly
• Provide support on special projects or additional duties when needed
• Ensure best-in-class and innovative cash management processes and structures
• Oversee global daily cash position and monitor global cash status
• Monitor excess cash and maximize the return on investments in compliance with the company's investment policies
• Initiate implementation requests for new business with new clients
• Manage short- and long-term subsidiary funding needs, intercompany debt, and debt capitalizations
• Assist in operationalizing the billing, collections, and reporting process across company products
• Set annual department goals and budget and manage one team member who focuses on cash management and insurance activity
• Stay current on all industry issues and regulations applicable to the duties of the position
• Work as an individual contributor as well as a close team member in a fast-paced environment
• Oversee the maintenance and development of systems and procedures to enhance investment/foreign exchange management
• Communicate to executive management implications of existing and proposed regulations and develop potential responses
• Coordinate due diligence requests with bank representatives, counsel, and underwriters for external funding
• Maintain open communication between employees and management, with direct intervention as appropriate
• Prepare quarterly treasury dashboard for review with senior management
• Develop processes and documentation to focus on ensuring cash operational consistency 

Essential Qualifications and Education

• Bachelor’s degree in accounting, business, or finance (MBA, CTP or CFA preferred)
• 4 to 5 years of work experience
• Experience working in the banking industry
• Attention to detail
• Fluency in hedging, variance analysis, amortization, derivatives, and liabilities
• Experience with spreadsheets and General Ledger software and systems
• Comfortable with decision-making and problem-solving for clients
• Demonstrated time management and critical thinking skills 

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