KCA Deutag encourage all qualified applicants to apply and will not discriminate on the basis of disability, race, gender identity, religion, and more.
We value all our people and their contributions and recognise the benefits we gain from the diversity that exists amongst our teams.
Who We Are Looking For:
Financial Analyst
Work Schedule - 37.5 hours per week
Location - Aberdeen Head Office (50/50 hybrid work schedule)
Reporting to the Corporate Treasurer / Head of Treasury & Corporate Development, the Financial Analyst will be a driven and energetic individual with a desire to expand their career. The successful candidate will enjoy analysing complex data (e.g., foreign exchange exposures). In addition, the candidate will have a new area of expertise, regular networking opportunities, great internal and external commercial exposure, as well as the opportunity to gain an understanding of the banking world (both operationally and from a lending perspective).
Responsibilities:
Note: Experience in all below areas is not an expectation - there is strong senior support within the team and ample training. Excel skills and intellect / problem solving ability are essential. The role is extremely varied and is not a technical accounting role.
- Assistance with any future refinancing work to include liaison with banks, advisors, and lawyers
- Assist with monitoring the group's FX position across a wide range of currencies, with the objective of mitigating risk. Particular attention to be paid to balance sheet and cash positions
- Assist with reviewing currency forecasts and flag any high-risk areas to the Corporate Treasurer
- Liaise with external stakeholders to obtain market analysis on topical areas
- Produce presentations for any FX / hedge proposals to be communicated at the TMC.
- Get up to speed with our Treasury management cloud-based system (Tm5)
- Assist with the review of Tm5 for any potential areas that are either under-utilised or not activated - make pro-active suggestions
- Engagement with our external supplier (Coupa) will be required
- Candidate would become part of the guarantees team (designated guarantees mailbox) and would have overall ownership for monitoring requests in respect of new issuances (with ample senior support)
- This would entail answering any queries and processing guarantee requests through to issuance
- Maintain guarantees summary file for presentation at biweekly cash calls.
- This area of Treasury is linked to the commercial team and to live projects / contracts / bids and therefore is a very commercial area of the business. It therefore requires a high level of bank communication, management of stakeholder expectations and some commercial acumen - as well as escalation of urgent items on a timely basis.
- Due diligence - assist the Corporate Treasurer with DD on any specific Treasury related areas for any new opportunities as and when they arise e.g., bank accounts, guarantees, cash repatriation etc
- Assist the Corporate Treasurer with progressing and closing out the Saipem integration.
- All bank accounts will require to be open, operational and policy compliant.
- All guarantees will need to be successfully transferred across to KCAD.
- Cash repatriation and funding routes require to be well established - strong links to the tax team
- To provide analysis and review of existing operational banking structure
- Enhancements to existing products to also be considered as part of this review
- Liaise with external stakeholders to develop proposals for any potential migrations
- Assist Corporate Treasurer with the presentation of any proposal summaries
- Work with Corporate Treasurer to develop any integration plan should a migration be approved
- Participate and assist on the TMC where Treasury related decisions are made to ensure that these are scheduled regularly, and that any action points are followed through
- Regular review and monitoring of interest rates applicable across the group
- Any potential hedging opportunities to be explored - Board papers to be prepared as and when required
- Given the groups high level of activity on both refinancing and M&A this has been and will continue to be a highly active area!
- To assist the Corporate Treasurer with any ongoing project work
- Will require to work with internal stakeholders to aid implementation of any projects in practice
- Assist with monitoring of overseas cash levels
- Regular follow ups to ensure compliance with policy
Key Skills & Experience:
- Excellent excel skills, including experience in financial modelling and data mining.
- Willing to be trained to use internal systems such as SAP & Tm5 - taking the relevant downloads and producing fit for purpose outputs
- Ability to manage multiple workflows and projects at once - prioritisation and team work to ensure continuity is critical
- Fluent in English and portrays great verbal and written communication skills
- An openness to change and continuous improvement
- Proven attention to detail and the ability to apply a wider commercial perspective and consider the impact of any decisions
- Demonstrated appreciation of Tax, Accounting and Treasury
- Skilled financial and numerical acumen
- Excellent analytical and problem-solving skills
Minimum Qualifications:
- Qualified (or part qualified) accountant
What we offer:
- Compressed Working Week (full-time employees only)
- Hybrid working (for all office staff)
- Bonus - all employees are eligible to participate in a bonus arrangement with % eligibility
- Group Personal Pension Plan
- Group Private Medical Insurance
- Company Sick Pay Scheme
- Annual Leave with an additional holiday on your Birthday (total 33 days annual leave)
- Group Life Insurance
- Group Private Dental Insurance
- Long Term Disability
- Employee Assistance Programme
- Discounted Group Private Medical / Dental Insurance for dependents
- Social Club