Occidental Petroleum Sr Treasury Associate in Houston, Texas
Title: Sr Treasury Associate Location: United States-Texas-Houston Other Locations:
Occidental Petroleum Corporation (NYSE: OXY) is an international oil and gas exploration and production company, and its OxyChem subsidiary is a major North American chemical manufacturer. We are one of the largest U.S. oil and gas companies, based on equity market capitalization, with more than 40,000 employees and contractors worldwide. Our greatest asset has been and will continue to be our people. We are looking for an experienced and motivated individual to fill the position of Sr. Treasury Associate within our Corporate Treasury Services group based in Houston, TX . Essential Job Duties · Assemble information from multiple sources within the company to prepare a consolidated cash flow receipts and disbursement forecast. Forecast will be for a rolling 75 day term and updated monthly with actual cash flow activity tracked against forecast on a daily basis. · Establish and maintain banking services with banks and financial service providers, to include balance reporting, funds transfer, lockbox, all manner of electronic data transmission of various forms of bank and financial data. · Manage the opening and closing of bank accounts globally with various financial institutions including the submission of mandate letters, required bank documentation to establish bank services and all reporting of open and closed bank accounts in a timely manner. · Manage the treasury documentation system for storage of bank fee invoices, bank agreements, mandate letters, daily cash position documents, wire transfers, SOX compliance documentation and system user authorizations. · Research and resolve operating errors or transaction failures within banks and responsible groups within Oxy, insuring that problem is not systemic in nature. · Assist in the documentation of processing controls and make sure that controls are in place and continuing to meet objectives of preservation of assets and data accuracy. · Provide project management for assigned service implementation initiatives where cooperation with other accounting, finance or information technology groups is required to complete the project. · Handle daily operating responsibilities of the group as assigned, either in a primary or backup role. · Will need to be able to work with other groups within and outside the company and provide a concise description of steps needed to meet goals. · Will complete projects and make decisions to accomplish objectives while keeping supervisor informed of any variance to the project. · Will review and approve electronic funds transfers generated on various banking systems and through the treasury management system, being able to focus on important elements such as segregation of responsibilities and security of company assets. · Bachelor’s degree required, with business degree preferred. · At least 5 years experience in the treasury group of a major corporation with hands on exposure to a sophisticated Treasury Management System. · Prior background in cash management banking experience would be beneficial. · Receipts and disbursement cash flow forecasting experience in a major corporation, consolidating data from multiple entities is critical. · Ability to work in a fast-paced environment, with visibility to senior management while requiring minimal supervision. · Certified Treasury Professional very desirable. · Regular attendance at industry education conferences is mandatory. · Detailed knowledge of treasury operations and how they fit into the overall functioning of the organization. · Comprehensive understanding of bank cash management products, banking systems, particularly electronic transmission of data and interconnectivity to company systems. · Must have knowledge of spreadsheet and word processing software as well as electronic communication software and database applications. · Excellent verbal and written communication skills and the ability to work effectively with our banks and individuals throughout the organization. · Other projects as assigned.
Occidental is an Equal Opportunity Employer/Individual with Disability/Veteran Status