Noble Energy, Inc. Manager, Treasury Operations in Houston, Texas
The Manager, Treasury Operations role reports directly to the Treasurer of Noble Energy (“Noble”) and will be involved daily in all elements of global cash and banking for Noble and Noble Midstream which include corporate banking, foreign exchange, escrow, credit facilities, cash forecasting, compliance and policy creation and maintenance. The position has responsibility for responding to Noble’s evolving global treasury and financial challenges through pro-active partnering and alignment with operating and functional teams to ensure liquidity and funding requirements are delivered consistent with “Best in Class” practices. The position will manage a team of treasury professionals in Houston and interface with Noble professionals on a global basis.
Manages Noble’s daily cash liquidity needs while ensuring adequate custody, safety and controls exist over the administration of Noble’s global cash depository and short-term investment accounts consistent with corporate policies and procedures.
Oversees Noble’s global liquidity position, including planning and execution of investment and borrowing strategies, and develop strategies to enhance liquidity while reducing the overall cost.
Manages the planning, implementing and directing of daily cash management activities including the monitoring of daily cash position and movement of funds internally and externally through the organization while ensuring timely and accurate communication of funds transfer instructions to financial institutions.
Manages the systems, processes and applications to enable centralized monitoring and administration over Noble’s global cash management function.
Reviews the actual daily cash position against the forecasted cash position and acts to strengthen the cash forecasting model through enhanced communication with the business drivers of revenue, expense and capital cash flows .
Works closely with the senior Treasury staff in planning, negotiating, arranging and structuring external bank credit facilities and daily administration of Noble’s credit facility including instructional borrowing and redemption notices.
Manages, evaluates, negotiates, budgets and monitors bank relationship activities including provision of cash management, revolver funding, debt trustee, stock transfer, letters of credit and other banking services.
Fosters strong relationships with key financial institutions.
Recommends process improvements to ensure “Best in Class” cash management practices including utilizing various types of payment systems and technologies to transfer monetary value and business documents between parties.
Assists in the internal and external audit process and coordinates requests for information necessary to help in the timely reconciliation of cash and investment accounts.
Ensures timely reconciliation and resolution of issues affecting money transfer or relations with Noble’s cash management banks.
Consults and collaborates with other departments to ensure customer satisfaction across the organization.
Develop or revise policies and procedures related to functional responsibilities.
Assist the Treasurer and Chief Financial Officer in special projects and analyses, including senior management and Board recommendations and presentations.
Flexibility to assist in ad hoc special projects related to all areas of treasury - pitch in to help treasury, finance, executives, accounting and business development when assistance is needed.
Looks to use latest technology and automation trends to increase insight, improve performance and add value across the treasury organization.
Bachelor’s Degree in Finance, Accounting or related field
Typically requires 10 years of management experience in a corporate finance/treasury environment or financial institution
Broad-based experience working with banks both on the operating and credit side of the bank with emphasis on cash management, credit negotiation and structuring, cash forecasting, ACH payment processing, international payments, check outsourcing.
Treasury related certifications, like Certified Treasury Professional (“CTP”), are desired
Ability to manage, lead and provide direction to a team of treasury professionals
A well organized, disciplined, detail-oriented, persistent and persuasive individual with the ability to identify / focus on key issues, prioritize efforts and ensure follow up with timely / quality results
Broad-based experience working with banks both on the operating and credit side of the bank with emphasis on cash management, credit negotiation and structuring, cash forecasting, ACH payment processing, international cash movements, and check processing
Demonstrate strategic and creative thinking through distinguished written and verbal communication skills with emphasis on quantitative analysis, qualitative assessment, negotiation, communication / coordination, presentation and teamwork
Manage multiple projects concurrently and work effectively as an individual and part of a team
Track record of innovative thought and creative solutions applied to treasury and cash operations
Preferred work experience in oil & gas (exploration, midstream or oilfield services) or financial services companies with multi-national operations.
Experience with JP Morgan and Citibank treasury / cash platforms is a plus.
Experience with a broad range of cash, banking and treasury activities including bank relationship management, financial risk management, cash & liquidity management, cash forecasting and short-term cash investments.
Proven ability to work in, and manage, an intra-disciplinary team, including legal, accounting, tax, business development, operations, treasury and finance departments of both internal and external parties, including banks and other funding sources.
Job Title: Manager, Treasury Operations
Location: Houston, TX, US
Organization Name: Noble Energy Inc