Treasury Analyst

Forum Energy Technologies

Jun 22

Applications are closed

Job
Full-time
Junior & Mid Level
Accounting & Tax
Banking & Finance
Houston

Requirements

2 to 4 years of treasury and some risk management experience
Experience managing a commercial credit card program
Proficient in Microsoft Office suite of products with intermediate to advanced skills using Excel
Must be detailed oriented with the ability to report accurate and timely information
Strong analytical skills and problem solving skills
Strong written and oral communication skills
Education:
Bachelor degree in Finance or Accounting
CTP credential preferred

Responsibilities

Cash Management:
Assist with monitoring and maintenance of corporate credit facility / revolving loan
Bank system administrator – maintain users and access privileges
Manage changes to bank accounts, including addition or deletion of account signors and changes to banking services
Compile weekly cash report with updated FX rates
Review and execute wire transfers funding necessary to run day-to-day operations
Provide detail support for payments initiated in the treasury department to the appropriate accounting departments for journal entries
Process bank deposit items
Transmit payment files to the bank
Initiate issuance, maintenance of letters of credit and bank guarantees
Reconcile letter of credit fee invoices and prepare invoices for payment on a monthly and quarterly basis
Provides general support to Assistant Treasurer in all department related matters
Create and/or maintain departmental policies and procedures
Travel and Expense Administration Back-up / Support:
Perform routine maintenance in travel and expense reporting system ensuring interfaces are working properly
Facilitate user training for new employees on the system, and assist existing employees with routine system issues
Analyze reports for policy violations, and process approved expense reports
Provide weekly and monthly reporting to accounting, payroll and senior management
Review and allocate monthly Concur invoice
Create and/or maintain communications relative to Tavel and Expense Site (Primary Function)
Commercial Credit Card Administration Back-up / Support:
Administration for Global T&E and Purchasing card; process new card requests, distribute cards to employees, suspend or terminate cards based on IT system generated reports, process request for card limit increases
Assist employees with card related issues
Perform monthly reconciliation of corporate credit card statements to the activity in the expense reporting system
Insurance and Risk Management:
Manage day-to-day interaction between all project participants, brokers and insurers related to risk management and insurance issues
Oversee claim management efforts (workers compensation, general liability, auto mobile liability, and property insurance) to include oversight of third party administrators and insurers
Assist with compilation and development of data for annual renewal of corporate property and casualty insurance program

FAQs

What are the main responsibilities of a Treasury Analyst in terms of daily cash management?

The main responsibilities of a Treasury Analyst in terms of daily cash management include processing electronic payments, researching and resolving reconciling items, monitoring and maintaining letters of credit, supporting the administration of commercial credit card programs, global travel and expense reporting systems, and assisting with insurance and risk management functions.

Forum Energy Technologies

Smart Solutions. Powerful Products.

Energy

Industry

1001-5000

Employees

2005

Founded Year

Mission & Purpose

FET (Forum Energy Technologies, Inc.) is a global company, serving the crude oil, natural gas, and renewable energy industries. FET is headquartered in Houston, TX with quality manufacturing, efficient distribution, and service facilities conveniently located to support the major energy-producing regions of the world. Forum’s products and services range from the underwater reservoir to the refinery, from the sea floor to the above ground transportation line. We pride ourselves on giving you a comprehensive offering of solutions to maximize your operations and improve your bottom line. Our customers are our partners and we work with them to solve their ever-changing challenges.