Sr Analyst, Cash Operations

Unclassified - Houston, TX

Full-time - Mid Level

Houston, TX

11-50 employees

About the position

Treasury Group Transocean is focused on being the employer of choice for the drilling industry. We are challenging ourselves every day to push the performance of the company through technological advances and passion for our work. This position is considered an integral part of the global Cash Operations function for the Company. It includes cash operations, cash positioning, FX trades, and payment processing. The role is responsible for SOX controls compliance for cash operations, audits, and special treasury projects. Key responsibilities include managing daily cash positions via the Treasury Management System (TMS) and bank platforms, determining and maintaining daily cash positions, and upstreaming excess cash for optimization. The position also involves working directly with Intercompany to identify balances requiring cash settlement and directing the cash settlement of these balances using available cash at the legal entity level. Additionally, the role manages the Treasury payment process, prepares and approves electronic wire transfers, and communicates with all Transocean departments regarding their cash needs. The successful candidate will assist with audit requests related to cash transactions and bank account balances, maintain and adhere to Treasury internal controls, and be responsible for monthly Treasury reports and bank fee analysis. This position requires a Bachelor's Degree in Accountancy, Finance, or Business, with a preferred Master's Degree, and at least 5 years of overall treasury, finance, or accounting experience, particularly in a large multinational company.

Responsibilities

• Manage daily cash positions via the Treasury Management System (TMS) and bank platforms.
• Determine and maintain daily cash positions, upstreaming excess cash for optimization.
• Work directly with Intercompany to identify intercompany balances requiring cash settlement.
• Direct the cash settlement of intercompany balances using available cash at the legal entity level.
• Manage the Treasury payment process in accordance with the ALM.
• Prepare, review, and approve electronic wire transfers via the TMS and bank platforms.
• Release electronic AP payment files delivered to the banks for processing.
• Communicate with all Transocean departments regarding their cash needs.
• Process transactions to satisfy cash needs and liaise with field offices for foreign exchange transactions.
• Assist with audit requests related to cash transactions and bank account balances.
• Maintain and adhere to Treasury internal controls, ensuring adequacy and evolution of these controls.
• Responsible for monthly Treasury reports, bank fee analysis, and ad hoc reports/analysis.

Requirements

• Bachelor's Degree - BBA degree in Accountancy, Finance, or Business.
• 5+ years overall treasury/finance/accounting experience, including experience with a large multinational company.
• Knowledge of complex treasury/finance procedures, practices, and systems, including banking systems and cash management systems.
• Excellent communication and interpersonal skills, both internal and external to the company.
• Proficient with Word processing and Excel spreadsheets.
• Strong analytical and presentation skills.
• Understanding of bank file formats/conventions and ERP systems.
• Ability to interact successfully with all departments (i.e., Accounting, Payroll, A/P, Tax, Legal, and Field Finance).