Cash Management Senior Analyst

Full-time/Direct/Staff Monaco, Monaco


Description

European passport holders mandatory for Work Permit

About SBM Offshore:

The Company’s main activities are the design, supply, installation, operation and life extension of Floating Production, Storage and Offloading (FPSO) vessels. These are either owned and operated by SBM Offshore and leased to its clients or supplied on a turkey sale bases. Other products include: semi-submersibles, TLPs, FPSO LNGs, turret mooring systems, brownfield, offshore (off)loading terminals and most recently solutions for renewable energy. With an operating fleet of 14 FPSOs, two FSOs, one MOPU and one semi-submersible in operation worldwide at year end and almost 300 years of cumulative FPSO operational experience within the industry, the Company is considered a market leader in providing leased production floating systems.

SBM Offshore employees’ total 4,250 and are spread over five regional centers, 10 operational shore bases and the offshore fleet of vessels. Group companies employ over 4,750 people worldwide, which include 500 working for the joint venture construction yards.

SBM Offshore is looking for a “Cash Management Senior Analyst".

Job Description:

CASH MANAGEMENT
- Manage and optimize working capital
- Prepare Long Term cash projections
- Ensure regular Cash Collection from clients and Intercompany Cash transfers
- Prepare Cash Projections for internal/external purpose for quarter closing and on specific requests
- Prepare regular report including cash balance, short term cash Inflow/Outflow and other KPIs as required
- Determine and realize actions to maintain optimize working capital
 
REPORTING
- Manage Cash Balances analysis and reporting
- Manage Cash Collection analysis and reporting (Third Part, Intercompany, Loan)
- Perform Balance Sheet analysis for Trade Receivables and Bad Debt accounts
- Analyze cash balance in JVs and define actions to repatriate cash to SBM Group
- Analyze third part, Intercompany payments overdue and loans balances, identify the status, advise on actions needed and estimated settlement date
- Participation in the B/S review with other financial teams during quarter closing
- Identify bad debt provision to be booked/ reversed
 
FINANCIAL ANALYSIS
- Provide cash modelling analysis to support various SBM Operations initiatives
- Produce Financial Analysis/Cash Modelling to support Commercial and other strategic activities of SBM Operations
 
CREDIT MANAGEMENT
- Ensure that Clients/Intercompany invoicing and cash collection are performed and compliant with contractual terms
- Manage and optimize trade receivable (Third Part and Intercompany) collection
- Perform Intercompany unbilled items follow up
- Issue, approval and sending of the invoices on a timely basis and according to contractual terms (Charter Client invoices and Intercompany invoices)
- Accounting entries for the issued invoices
- Accounting entries for the accrued income and consumption monitoring (Charter Client invoices and Intercompany invoices)
- Provide to Treasury department correct accounting entries at the reception of the payments; accounts allocation
- Regular communication with Partners, Clients and Internal Stakeholders

Requirements:
- Master Degree in Science of Finance or Graduate Management/Business School
- At least 3 years’ experience in Finance activities
- Specific competencies (knowledge or know-how) which are a key factor for the position:
  • Finance modelling skills
  • Strong analytical and organizational skills, basis in accounting;
  • Strong MS office user (particularly Excel);
  • Fluent English;
- Good communication skills, problem solver and team player behavior