Description
Job ID - (2100004W)
Description
This position will provide coverage for many of the day-to-day aspects required of the B&W Treasury Department. This position will work closely with the Corporate Treasurer to manage our securities, including support of the contract security portfolio.
- SECURITIES - Manage aspects of B&W Treasury in relation to securities, including support of the management of an approximate $3.5B contract security portfolio
- Support global daily cash management activities and international banking relationships
- Assist with FX
- Interfacing with all disciplines within corporate management providing assistance where needed
With minimal supervision, able to do the following:
- Analyze customers to determine short-term financial risks for sales contracts
- Analyze vendors to determine short-term financial risks for purchase contracts
- Conduct research on customers, vendors, and sovereign entities and package the information for the senior staff member to use in analysis
- Analyze and determine industry trends around the world for the industries in the B&W Footprint
- Collect extensive data and create ad hoc reports upon request
- Prepare and analyze monthly accounts receivables reports
- Manage all areas of bankruptcy proceedings including, pre-filing notices to business groups, reclamation demands, proofs of claim, proxy forms, and preference payment defenses
- Coordinate external collection efforts on accounts placed for legal collection
- Create and maintain department webpage on the B&W internal website
- Respond to credit reference requests for our customers/suppliers
- Manage letters of credit/bank guarantees file sourcing information from subsidiaries and submitting weekly/monthly information to different stakeholders as required.
- Manage bond files and submitting weekly/monthly information to different stakeholders as required.
With assistance from B&W's Credit Manager, able to do the following:
- Analyze customers to determine both short-term and long-term financial risks for multi-year, multimillion dollar sales contracts
- Analyze vendors to determine both short-term and long-term financial risks for multi-year, multimillion dollar purchase contracts
- Analyze and determine the sovereign risks of doing business in foreign countries
- Review standby L/C's and bank guarantees where B&W is the beneficiary for acceptable language
- Review and submit applications for standby L/Cs where B&W is the applicant
- Review and submit applications for bond securities to surety companies
- Assist in assessing foreign exchange risks and hedging processes where required
Qualifications
- 1-2 years within similar industries or fields
- Bachelor's degree in Finance, Business, or related field
- Related work experience of 1-2 years, experience within similar industries and fields preferred
- Microsoft products (Excel, Word, PowerPoint)
- SAP knowledge a plus
- Analytical skills including ability to reconcile, manipulate, and analyze data to produce information and develop and/or evaluate financial scenarios
- Written and verbal communication skills required to draft memos, presentations, and interact with internal customers
- Planning and organizing skills including ability to multi-task and exhibit effective time management and organizational skills
- Personal interest in learning a wide variety of corporate finance related work, ability to pay close attention to detail and the ability to work on teams as well as independently
- Self starter with good commercial perspective
Contact
Babcock and Wilcox Company
13024 Ballantyne Corporate Place, Suite 700
Charlotte
North Carolina United States
www.babcock.com
From the same organization
22 Jul, 2024
