Treasurer

Oceaneering is a global provider of engineered services and products, primarily to the offshore energy industry. We develop products and services for use throughout the lifecycle of an offshore oilfield, from drilling to decommissioning. We operate the world's premier fleet of work class ROVs. Additionally, we are a leader in offshore oilfield maintenance services, umbilicals, subsea hardware, and tooling. We also use applied technology expertise to serve the defense, entertainment, material handling, aerospace, science, and renewable energy industries.

This position is responsible for leading all aspects of the organization's treasury function, including managing daily liquidity, overseeing banking relationships, short-term investment and portfolio management, debt management and capital market activity, rating agency relationships, foreign currency derivative management and debt compliance.

Located in Houston, TX, this position offers a hybrid work environment with a flexible schedule that includes both office and remote work, as determined by leadership. Additionally, this role involves up to 10% domestic and international travel.

• Oversee global cash and liquidity management activities, including daily cash positioning, forecasting, investments, account openings/closures, etc.
• Focused efforts on concentrating cash to the US and Europe through settling multi-entity intercompany balances. Working with peer groups, including Tax, Accounting, Legal, and Commercial Operations to support this initiative.
• Lead the compliance of foreign currency controls in African countries, particularly Central and West Africa, ensuring documentation is always current to transfer cash out of each country.
• Oversee management of the issuance of bank guarantees in support of commercial projects globally, liaising with the commercial and legal teams.
• Support corporate credit card programs including T&E, Procurement and Virtual Cards.
• Manage Fx risk and exposure via natural hedging, derivatives and intercompany settlement.
• Manage relationships with banks and rating agencies and identify potential new banking prospects.
• Direct cash forecasting activities, including the preparation of short-term cash flow forecasts and monthly cash management metric reporting.
• Maintain quarterly debt compliance and oversee financial covenant forecast modeling.
• Contribute to capital market activities, including capital structure strategy, debt facilities, financing agreements, liability management and equity capital markets.
• Analyze cash flow and working capital management initiatives to optimize balance sheet and improve free cash flow.
• Support M&A activity related to treasury functions and manage treasury integration.
• Ensure proper setup and efficient use of electronic banking systems to effectively process cash balance reporting.
• Support implementation of Treasury modules associated with Oracle Fusion ERP.
• Ensure adherence to internal controls, policies and procedures related to treasury functions.
• Mentor and develop staff to support the daily operations of the Treasury department.

REQUIRED:

• Bachelor's degree in Business, Finance or Accounting or equivalent combination of education and experience.
• 10+ years of progressive experience in treasury / corporate finance with 5+ years of international treasury experience.
• 5+ years of experience managing and leading teams.
• Working knowledge of US GAAP accounting.
• Strong understanding of corporate finance and financial modeling.
• Working knowledge of international finance-related tax concepts.

DESIRED:

• Experience in the application of international cash management and multi-currency cash pools.
• Experience with banking in Central and West Africa.
• Working knowledge of treasury workstations.
• MBA or professional certifications preferred (e.g., CTP, CFA, CPA).
• Energy sector experience.

KNOWLEDGE, SKILLS, ABILITIES, AND OTHER CHARACTERISTICS:

• Global Thinker and Creative Professional who can contribute in a team environment.
• Strong analytical and project management skills with a pro-active approach towards the desired result.
• Strong written, verbal and interpersonal communication skills.
• Ensures that regular consistent communication takes place within area of responsibility.
• Ability to collaborate with team members and drive results.
• Ability to respond to common inquiries or complaints from external and internal customers.
• Ability to effectively present information to management.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to interpret an extensive variety of laws and regulations.

This position is Hybrid - Remote and will require commuting to a designated office. Hybrid work schedules are determined by the hiring manager based on business need.

PAY, BENEFITS AND WORK SCHEDULE:

We offer a comprehensive and competitive benefits package. Employee benefits vary by role, however, may include Health and Wellness, Mental Health, Retirement Savings, Life and Disability, Paid Maternity and Parental Leave, Paid Time Off, Tuition Reimbursement, and an Employee Assistance Program.

All qualified candidates will receive consideration for all positions without regard to race, color, age, religion, sex (including pregnancy), sexual orientation, gender identity,national origin, veteran status,disability, genetic information, or other non-merit factors.

Regular full-time employees who apply will be considered along with external candidates. Employees with less than six months with their current position are not eligible to apply for job postings. Please discuss your interest in the position with your current manager/supervisor prior to submitting your completed application. It is highly recommended to apply through the PeopleSoft or Oceanet portals.