Treasurer at Nabors Industries

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Full Time

Start Date

Immediate

Expiry Date

27 Jan, 26

Salary

0.0

Posted On

29 Oct, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cash Management, Bank Account Management, Foreign Exchange Transactions, Investment Management, Treasury Automation, Financial Modeling, Analytical Skills, Communication Skills, Detail Oriented, Regulatory Compliance, Banking Relationships, Electronic Payment Systems, Team Development, Audit Management, Treasury Policies, ISDA Management

Industry

Oil and Gas

Description

JOB PURPOSE Treasurer will assist the CFO with the company’s cash management and finance activity. The responsibilities will include daily cash positioning, bank account management, short-term borrowing, investment of excess cash, foreign exchange transactions, LC/BG management, and other treasury activities. The successful candidate will work with the CFO as well as senior management and staff across the company’s departments and business unites; the individual will also interact with commercial and investment bankers, customers, vendors, and outside attorneys. This job requires a detailed knowledge of the daily cash management function, and may involve supervision of the Treasury Analyst and Treasury Coordinator. ROLES AND RESPONSABILITIES: Responsible for the treasury function, including cash management, reviewing bank account reconciliations, cash transfer requests, monthly cash flow analyses, foreign currency exposure, bond/LC management. Responsible for management of all banking relationships. Responsible for all electronic payment system setup in operating countries, including payment for AP, Payroll, etc. Responsible for banking system setup and optimization in the operating country. Manage company AR collection system and respond to the end user for any efficiency improvement. Manage ISDA and DF related regulatory compliance for any derivative position Conduct FX trade. System Administrator for all Treasury Management systems (including external bank portals) and Treasury Sharepoint pages. Manage all legal document and agreements, such as reimbursement agreement, LC agreement, Trust agreement, Escrow agreement, etc. Responsible for bank account management, including signatory quarterly audit, bank fee analysis and payment approval, and optimizing bank services to minimize banking cost. Responsible for internal and external month-end, quarter-end, and year-end audit. LC/BG, performance bonds, and bid bonds issuing and life-cycle management. Implement treasury policies and procedures to maintain highest integrity of treasury operation and ensure treasury staff’s compliance. Keep current with new debt/equity initiatives and make recommendations when appropriate. Authorize electronic fund transfers. Responsible for the daily, weekly, and monthly treasury reports. Responsible for FBAR reporting management . Coach and develop the team within the treasury operation function . Perform other duties as assigned by the CFO. JOB QUALIFICATIONS AND REQUIREMENTS: Knowledge and Experience: A minimum of 0-2 years of relevant experience. Familiarity with corporate treasury procedures for multi-national operation Experience in implementing treasury automation solution Proficient user of bank software and Microsoft Office products (Excel, PowerPoint, Access). Strong analytical and quantitative skills Outstanding oral and written communication skills, as well as presentation abilities. Strong financial modeling abilities. Detail oriented and able to operate autonomously. Demonstrated track record of success in a multinational environment. Education and Certifications: Mandatory: Bachelors’ degree in Finance, Accounting, or relevant field. Preferred qualification: MBA and/or CFA preferred.

Responsibilities

The Treasurer will assist the CFO with cash management and finance activities, including daily cash positioning and bank account management. Responsibilities also include managing banking relationships and conducting foreign exchange transactions.