Weatherford Treasury Analyst in HOUSTON, Texas

JOB DESCRIPTION

JOB SCOPE:

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

SKILLS & QUALIFICATIONS:

Strong analytical and quantitative

Financial modelling

Organizational, time-management and setting & meeting deadlines

Summarizing/reporting of information

Oral/written communication

Development of presentations, particularly PowerPoint

Providing service to individuals in other departments

Ability to work well with others

Ability to manage projects, as necessary

Computer skills – Microsoft Excel, Microsoft Word

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

3-5+ years of relevant experience

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

REQNUMBER: 57659-1A