Petrofac is Hiring Treasury Dealer
Table of Contents
Job Role and Responsibility
- Compile short-term cash forecasts and manage the daily cash management process for the Group’s liquidity structures.
- Execute short-term investments of surplus funds and funding from the Group’s revolving credit facility, optimise utilisation in line with short-term cash forecasts and minimise interest costs.
- Deal on Foreign exchange markets and manage hedging activities for business divisions and the Group.
- Manage the Group’s intercompany loans and deposits portfolio, ensure up-to-date and appropriate documentation.
- Prepare various Treasury internal reports to the management and external to the lenders under RCF and term loan facilities and other Treasury stakeholders.
- Ensure timely and accurate settlement and reconciliation of Treasury related payments.
- Prepare Treasury data analysis and financial modelling.
- Maintain timely and accurate transactional data in Treasury Management System.
- Support the on-going development and communication of Group Treasury processes and procedures.
- Adhere to Treasury reporting deadlines and comply with internal controls.
- Participate in ad hoc projects and initiatives within the Group.
- Responsible to optimize utilization of the Group’s revolving credit facility in line with short-term cash forecasts to minimize interest costs.
- Accountable to executes foreign exchange transactions to manage cash flow requirements of the Group, and to minimize bid ask spread on the transactions.
- Accountable to execute short-term investments of surplus cash to preserve capital, ensure liquidity and improve returns.
- Accountable to execute hedging to mitigate risk impact on financial results of the entities.
- Accountable to execute transactions under intragroup financing facilities to cover working capital and capital expenditure requirements of business divisions and entities
Skills Required that will help succeed
- Qualified, or working towards qualification, with Association of Corporate Treasurers (ACT), or other similar.
- Good understanding of Treasury systems, processes, products and instruments.
- Numerate and computer literate (strong Microsoft office skills).
- Robust analytical skills and high level of accuracy in execution.
- Able to deliver projects involving multiple stakeholders.
- Strong inter-personal skills and the cultural sensitivity to deal with geographically diverse groups.
- Excellent oral and written communication skills required to work with business unit finance teams, banks and other external providers.
- Able to work well individually as well as part of a team.
- Good understanding of risks, controls, and processes.
- Strong sense of professionalism, customer service and delivery against expectations.
- 3 to 5 years relevant treasury experience within an international company.
- Experience in daily cash management, cash settlement and intragroup financing processes within a global corporation.
- Strong exposure to FX risk management (risk assessment and deal execution).
- Good exposure to a broad range of cash/investment management products and markets.
- Good exposure to guarantees management processes within a global corporation.
- Intermediate experience with Treasury continuous improvement projects.
Recruitment Details
| Company Name | Petrofac |
| Company Website | https://www.petrofac.com |
| Job Role | Treasury Dealer |
| Job qualification | Graduate |
| Work Experience | 3 -5 years |
| Salary | Best of Industry |
| Job Location | United Kingdom |
What does a Treasury Dealer at Petrofac do?
A Treasury Dealer at Petrofac is responsible for managing the company’s treasury operations, including foreign exchange transactions, cash management, liquidity management, and financial risk management.
What are the primary responsibilities of this role?
Primary responsibilities may include executing foreign exchange trades, monitoring cash flow and liquidity positions, analyzing market trends and risks, developing hedging strategies, and ensuring compliance with regulatory requirements.
What skills are important for success in this role?
Important skills include knowledge of financial markets and instruments, proficiency in treasury management systems and trading platforms, strong analytical and problem-solving abilities, attention to detail, and effective communication skills.
How does one apply for a position as a Treasury Dealer at Petrofac in the United Kingdom?
Interested candidates can usually apply through the Petrofac careers website or other job posting platforms. The application process typically involves submitting a resume, cover letter, and possibly completing interviews with hiring managers and treasury team members.
