Company Description
Parker Wellbore helps energy companies accomplish their drilling and production goals efficiently, reliably, and safely. Our global team supports oil and gas operators with innovative land and offshore drilling services, premium rental tools and well services, and advanced operations and management support. Founded in 1934, Parker Wellbore helps customers manage their costs and mitigate their risks, to achieve their operational goals in a safe and efficient manner. With experience in both harsh-environment regions and complex drilling situations, you can trust Parker Wellbore to get the job done.
Job Description
The Treasury Analyst will be responsible for developing, interpreting and implementing complex financial management concepts and techniques for supporting the Treasury function, including but not limited to, cash and liquidity management, credit assessments, financial controls, and financial planning.
Essential functions
- Prepare cash forecasts, including developing an understanding of the underlying organizational structure internal and external cash flows;
- Prepare borrowing base calculations and compliance certifications to support Company borrowings;
- Perform credit analyses on potential and current customers and vendors, as necessary, utilizing publicly available information, credit applications, and other evidence;
- Establish and maintain letters of credit by completing applications, negotiating terms and conditions, monitoring expirations, and preparing monthly summaries;
- Assist the Treasurer in the development of the budget and other corporate financial planning projects;
- Establish databases and records of pertinent information for use in analyzing plans and forecasts;
- As necessary, coordinate with all levels of management to gather, analyze, summarize, and prepare recommendations regarding financial plans, acquisition activity, new business planning, trending future requirements, governmental requirements, and operating forecasts.
- Assist in the administration of the Company's credit card programs;
- Assist in the administration of the Company's bank accounts;
- On an ad hoc basis, analyze financial information to determine present and future financial performance of the Company or other parties;
- On an ad hoc basis, evaluate complex profit plans, operating records, and financial statements of the Company or other parties;
- On an ad hoc basis, conduct special studies to analyze complex financial actions and prepare recommendations for policy, procedure, control, or action;
- On an ad hoc basis, direct preparation of studies, reports, and analyses in areas such as budgets, forecasts, financial plans, governmental requirements, statistical reports, cash flow projections, and business forecasts for the Company or other parties;
- As needed, research and prepare economic reports on subjects such as rate of return, depreciation, working capital requirements, investment opportunities, investment performance and impacts of governmental requirements;
- Interact professionally with both internal and external constituents, maintain effective working relationships, and work in cooperation with local accounting personnel;
- Adhere to all Company policies and procedures;
- Other duties and special projects as assigned;
Qualifications
Necessary qualifications, skills and abilities
- A Bachelor's degree in Accounting, Finance or related field is required;
- A CPA or MBA preferred;
- Should have at least 3 years of specific work experience in a corporate setting;
- Must be a detail-oriented self-starter and be able to work with little supervision while maintaining goaIs/tasks;
- Must have excellent leadership and analytical skills;
- Must have excellent PC skills to include all MS Office products;
- Must be proficient interpreting and analyzing financial and credit report analyses;
- Must have financial analysis modeling skills;
- Hyperion/Essbase experience preferred;
- Must have good written and verbal communication skills and be able to effectively communicate in a professional manner with staff, management, customers, and vendors;
- Must be able to handle multiple tasks simultaneously while managing time in a proficient and effective manner.
Position competencies
- Initiating & Driving Change • Acts as a catalyst for and takes responsibility for leading, directing, and managing organizational change • Develops new insights into situations and applies innovative solutions • Creates work environment that encourages creative thinking and innovation • Drives step changes in how the company operates • Understands how to change and addresses not only systems and processes, but also cultural aspects of change • Is good at bringing the creative ideas of others to market • Develops a change strategy that includes milestones and timelines • Accurately assesses the potential barriers and resources necessary for change initiatives • Understands and supports the need for change • Envisions and articulates the intended result of the change process • Provides direction and focus during the change process • Helps to generate support of the changes throughout the organization • Identifies and enlists allies who support the change process • Provides resources, removes barriers, and acts as an advocate for those initiating change
- Result Focused • Establishes clear, specific performance goals, expectations, and priorities • Can be counted on to exceed goals successfully • Is constantly and consistently one of the top performers • Very bottom-line oriented • Steadfastly pushes self and others for results • Navigates quickly and effectively to resolve problems and obstacles • Persists to complete tasks / responsibilities, even in the face of difficulties • Develops a sense of urgency in others to complete tasks • Operates with personal ownership and looks for ways to improve performance all the time • Challenges him- or herself and others to raise the bar on performance • Focuses people on critical activities that yield a high impact • Holds self and others accountable for delivering high-quality results on time and within budget (e.g., models high work standards and demands the same from others)
- Team Work • Blends people into teams when they are needed • Creates strong morale and spirit in his/her team • Shares wins and successes • Fosters open dialogue • Lets people finish and be responsible for their work • Seeks consensus among diverse viewpoints as a means of building group commitment • Defines success in terms of the whole team • Creates a feeling of belonging in the team • Values the contributions of all team members • Creates an environment that encourages open communication amongst team members • Creates an environment that encourages collective problem solving amongst team members
- Customer Focus • Is dedicated to meeting the expectations and requirements of internal and external customers • Gets first-hand customer information and uses it to understand customers' business issues and needs for improvements in products and services • Acts with customer in mind • Establishes and maintains effective relationships with customers and gains their trust and respect • Genuinely enjoys working with customers to build long-term partnerships • Creates a sense of customer focus throughout their team/ department/ business unit
Physical demands and work environment
- Ability to gather, analyze, and interpret data.
- Ability to multitask, work in a fast-paced environment, meet deadlines, reason logically, and make sound decisions.
- Ability to comprehend, remember, and follow verbal and written directions and comply with Company policies, procedures and standard.
- Use repetitive wrist, hand or finger movements at a computer.
- Ability to work as a team, communicate and interact with others in a professional manner, and consider alternative and diverse perspectives.
