Treasury Professional

Devon


 

BASIC ACCOUNTABILITY
• The Treasury Professional is a key member of Devon’s treasury operations team with ability to perform on broad responsibilities under minimal supervision.
• Responsibilities include budgetary cash forecasting, monitoring cash spend and receipts, conducting and documenting complex treasury projects, hedge settlements and administration, analyzing creditworthiness of business partners, monitoring market conditions, and implementing risk mitigation strategies.
• This individual will understand Devon’s current financial plans, estimated future cash needs, and ongoing credit related developments.
• This role is integral to Devon’s small but high impact treasury team and is expected to work well with other teammates, and with several cross-functional groups across the company including marketing, accounting & tax, and legal.
• This individual is expected to be a self-starter, perform at a very high level with a strong work ethic, have strong attention to detail, and the ability to contribute to the team’s duties as needed.

 

EDUCATION
Bachelor’s degree in Accounting, Finance, or other related Business field

 

EXPERIENCE
Requires a minimum of 5 years of related experience in treasury field; industry experience preferred

 

JOB RESPONSIBILITIES
Cash Management
• Support the cash function by positioning cash, documenting cash flows, and preparing daily cash position reports
• Continue to develop, broaden, utilize, and master technical skills by seeking direction from more senior professionals and attending appropriate training sessions
• Execute daily cash transfers and funding of disbursement accounts
• Maintain internal controls on the movement of funds, issuance of bank debt, and placement of investments
• Open and close bank accounts as directed and maintain integrity of bank account database
• Review account analysis statements for accuracy and communicate with banks as necessary
• Handle special projects related to banking and cash management as necessary
• Demonstrate initiative to improve the cash function by making sound recommendations which enhance the efficiency and effectiveness of the department
• Seek additional responsibility and endeavor to gain knowledge beyond core responsibilities, e.g. striving to understand the “big picture”
 
Credit Management
• Support the credit function by obtaining and tracking financial security, performing credit analysis, administering financial derivative transactions and by preparing credit reports, hedge reports, and various quarterly reports
• Assist with review of standard reporting and documents
• Maintain internal controls over hedge administration and credit policies
• Continue to develop, broaden, utilize, and master technical skills by seeking direction from more senior professionals and attending appropriate training sessions
• Utilize problem solving skills to remediate credit limit overages
• Focus a significant portion of efforts on complex analysis and problem solving
• Demonstrate initiative to improve the credit function by making sound recommendations which enhance the efficiency and effectiveness of the department
• Strong working knowledge of all Treasury job duties and assists in coordinating work assignments
• Willingness and ability to communicate with all levels within the organization

 

OTHER REQUIREMENTS
• Oil and gas industry experience preferred
• Practice safe work habits at all times
• Demonstrate commitment to Devon Attributes
• Advanced level computer skills
• Strong interpersonal and organizational skills
• Strong working knowledge of computer-based treasury management systems
• SAP/Allegro experience preferred
• Able to prioritize and handle multiple responsibilities and tasks and manage deadlines
• Strong problem-solving skills
• Strong analytical and evaluation skills
• Strong verbal and written communication skills

 

 

 


To apply for this job please visit careers.devonenergy.com.