Analyst Treasury Operations Job

HYBRID ELIGIBILITY

This position works a hybrid schedule, spending time remotely and in the office in New York City, NY. The current hybrid schedule provides flexibility to collaborate in the office Tuesdays through Thursdays and work from home Mondays and Fridays. With our 9/80 feature you get time off every other Friday when you work at least 80 hours over the preceding nine days.

Position Summary

Corporate Treasury is responsible for managing the Company’s global liquidity requirements, securing financing, managing relationships with lenders and rating agencies, corporate insurance, pension plan oversight, working capital, and cash management. 

Within Corporate Treasury, the Treasury Operations team manages the Company’s global cash position, including letters of credit, investments, banking services, and systems. The Treasury Operations group also manages working capital, cash forecasting, and optimizing solutions for global banking needs.

The Treasury Analyst will primarily support Treasury Operations on these activities.

 Primary Responsibilities

• Perform daily cash positioning, cash forecasting, and reporting functions.
• Update senior management on current cash positions and cash forecasting.
• Maintain processing flexibility for quickly shifting business conditions or sudden deadlines.
• Prepare analysis and execute transaction processing for various Midstream legal agreements: Lower Tier Partnership, Unitholder, and Cash Pooling distributions.
• Maintain/create Standard Operating Procedures as needed to support operational processes
• Assist with SOX, internal and external audits, and other compliance requirements.
• Prepare analysis and presentations for meetings with senior management
• Work with peers across various other functions, including business units, Tax, Accounting, and Legal, to support broad corporate and Treasury-specific initiatives
• Identify opportunities for process improvement and streamlined reporting
• Assist in various other ad hoc projects

Hess is interested in developing well-rounded Treasury professionals, and longer term, there is potential for opportunities within the broader Treasury department.

Backup Responsibilities

Successfully learn to be able to fully and sufficiently backup and support the team on the following functions: 

• Hess Corp cash position, cash forecast
• Payment execution
• Assist with the management of the Intercompany Loan portfolio
• Assist with the management of the Letters of Credit portfolio
• Funding and Investments Desk coverage

Qualifications:

Competencies

• Ability to demonstrate strong initiative in a dynamic environment
• Good interpersonal skills and ability to work well in teams
• Excellent analytical and quantitative skills
• Ability to communicate effectively across multiple levels (written and verbal, internal and external)
• Attention to detail
• Tech Savvy

Education and Experience:

• Undergraduate business degree required
• 1-3 years of Treasury, banking, or corporate finance experience
• Strong Microsoft Excel and PowerPoint skills

Competencies

The Hess Way of Working refers to competencies considered absolute pre-requisites for success. How you deliver results is as important as what you achieve. Every employee is expected to demonstrate the behaviors within these competencies to be considered an effective performer and, ultimately, earn career growth opportunities.

• Builds Trusted Relationships
• Develops Talent
• Creates Effective Teams
• Thinks Strategically
• Inspires Innovation
• Demonstrates Courage
• Drives Continuous Improvement
• Makes Quality Decisions
• Delivers High Performance

WHAT WE OFFER

Hess provides a comprehensive range of compensation and benefit programs that help you to take care of your health, protect your income, and build savings for the future. Our compensation philosophy is simple – we pay for performance.  The better you and the company perform, the more you can earn.  Here are a few highlights:
 

Base Salary

• Base salaries are competitive, and market based, with pay increases based on objective measures and upward moves.

Annual Incentive Plan

• Every employee participates in our Annual Incentive Plan, which awards a bonus based on how well we fare as a company on our annual performance scorecard and the person’s level of contribution.

All Employee Share Plan

• All employees are Hess stockholders, so they share in the success they help create for the company. Shares are granted to new employees who do not receive stock as part of their compensation package.

Benefits

• Hess cares about your well-being and wants to help you be your best self.  That’s why we offer a compelling benefits package that’s among the best in our industry. Highlights include: medical, dental, and vision coverage; a health savings account; 401 (K) and pension plan; a nationally recognized wellness program; and company paid basic life and disability insurance.

Learn more about our programs at https://hessbenefits.com/.

Learning & Development 

• We believe in lifelong learning and provide a suite of on-demand and instructor-led learning opportunities, in addition to a tuition reimbursement program, designed to help you achieve your professional goals.  Learning encompasses on-the-job interaction with highly skilled colleagues, self-guided study, training, mentoring and participation in formal networks (e.g., technical and employee resource groups.)

WHY HESS?

We aim to be the world’s most trusted energy partner. Modern life and continued human prosperity depends upon access to affordable and secure energy and all forms of energy are required for an orderly and just future. Hess is ideally positioned to provide low-cost oil and gas reliably to help meet the world’s growing energy needs in a way that protects the health and safety of our people, safeguards the environment, and makes a lasting positive impact in the communities where we do business. 

Everything we do is guided by six core values – Integrity, People, Performance, Social Responsibility, Value Creation, and Independent Spirit, from how we treat our employees to how we interact with our neighbors, suppliers and business partners.  They are the basic building blocks of our culture and represent our company’s collective conscience. While our strategy changes over time based on business conditions, our values are enduring. 

We are an industry leader in the Bakken shale play in North Dakota, one of the largest producers in the deepwater Gulf of Mexico and a critical natural gas producer and supplier to Malaysia and Thailand. Our exploration and appraisal activities are offshore Guyana, one of the industry’s largest oil discoveries in the past decade, as well as in the Gulf of Mexico and Suriname. 

We are recognized around the world as an industry leader in environmental, social and governance performance and disclosure. 

Hess provides challenging and rewarding opportunities for personal growth. We are always looking for talented professionals who share our values and are passionate about making a difference in the world and in their careers. Unlike much larger companies, we are agile and every member of the team, regardless of level or position, plays an important role. 

We invite you to learn more about what makes us a special place to work.  Click here (www.hess.com) 

Hess is committed to diversity, equity and inclusion.  We are an affirmative action and equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information. Hess is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, click here or send an email to MyHR@Hess.com.

Posting Notes: Lisa B Willet | Employee | Finance | United States| New York | New York | | No | 27326