Eden Scott is delighted to be working with our energy client to recruit for a Treasury Analyst
Full job description
Job Overview
We are seeking a detail-oriented and analytical Treasury Analyst to join our client's finance team. The ideal candidate will be responsible for managing the company's cash flow, optimising liquidity, and ensuring that financial operations run smoothly. This role requires proficiency in accounting software and a strong understanding of financial management principles. The Treasury Analyst will play a crucial role in supporting their financial strategy and decision-making processes.
Trade Finance:
1. Provide guidance and support on the review of potential bank guarantee text (performance / bid bonds/advanced payment bond) at early engagement at tender stage of projects with the global business and working with the banks. This will include:
2. Reviewing and providing advice on appropriate bank guarantee wording to tender teams and subsequently the client.
3. Identifying and engaging with suitable banks and sureties reviewing guarantees on providing feedback and pricing.
4. Provide advice on contracts in relation to bank guarantees.
5. Including the appropriate cost inclusion for new project tenders.
6. Arrange for the issuance of new bank guarantees in a timely manner.
7. Responsible for maintaining the global guarantee register.
8. Maintain proactive communications with businesses and project teams to identify and implement required amendments / extensions / cancellations of existing bank guarantees.
9. Provide cost of bank guarantees to the businesses.
10. Own the bank guarantee fee payment process.
11. Assist in developing, testing and implementing process improvements to automate the guarantee process and activities such as implementation of a trade finance system.
Business partnering:
12. Support the business with Treasury advice such as:
13. Analysing and providing advice on potential project cashflows.
14. Validating pre and post cash flow & currency exposures, including determining a hedge cost with the potential to execute such hedging, and internal financing charges for use of the Group's balance sheet
15. Validating pre and post commodity requirements and exposures, including determining a hedge cost with the potential to execute such hedging
16. Analyse the viability of prospective clients
17. Banking support on behalf of project/country including the opening of bank accounts, liaising with existing and local banks on products and services
18. Perform client and supplier creditworthiness assessments and ensure maintenance of internal credit risk registers.
19. Align business processes in the region with the Group Treasury Guidelines for best practice.
What experience would we like you to have?
20. Degree qualified with relevant background.
Key experience:
Experience in Treasury operations preferably in Group Treasury, with a desire to learn in a new area of Treasury.
21. Some experience in bank guarantees required although training will be provided.
22. A basic understanding in reviewing and negotiating contracts is desirable.
If this is of interest and you have the relevant experience then please click on the link to apply.