30584 - TREASURY MANAGER
At Eni, we are looking for a Treasury Manager within Liverpool Bay CCS Limited in London, UK. You will play a critical role in managing the company's financial resources, with a specific focus on complex project financing and the use of hedging instruments to mitigate financial risks. You will work closely with senior leadership, lenders and financial institutions, and cross-functional teams to ensure the company's financial health, to support strategic business initiatives and to ensure compliance with regulatory and project financing requirements.
As a member of the Finance department you will be responsible for:
- Ensuring the efficient execution of complex project financing.
- Ensuring compliance with all debt covenants and managing refinancing processes as necessary.
- Timely submitting reporting to lenders required under the project financing agreements.
- Building and maintaining proper financial modelling for the efficient management of projects financing and capital structure.
- Maintaining Company loan facilities with Eni (for medium and long-term borrowing) and external banks (for short term borrowing where necessary) and ensure all amounts are accurately recorded in Ledgers.
- Maintaining all bank accounts required by the managed companies.
- Preparing regular and ad-hoc financial reports required by corporate head office, management and outside agencies.
- Ensuring the accurate, timely and complete processing of BACS payments, cheque and ad-hoc payments, receipts and deposits, bank and petty cash reconciliations, and timely resolution of all associated queries relative to the above.
- Ensuring all managed companies have sufficient funding to meet financial obligations.
- Implementing current financing strategies as directed by headquarters and Eni UK Limited management.
- Ensuring that Foreign Exchange transactions are effectively and efficiently organised within the Company strategy for these transactions.
- Developing and maintaining appropriate computer systems to control and monitor the operations of the Treasury Section.
- Managing Treasury staff, ensuring their professional competence and contributing to their training and development as necessary.
- Organising the safe banking of cash and cheques and the uplifting of cash from banks.
- Maintaining safe custody of all Financial Agreements and related documents.
- Maintaining safe custody of all guarantees and other securities in respect of financing operations with third parties and associated Companies.
- Review all payments (cheque, bank transfer and BACS) prior to approval.
- Monthly reconciliation of specified general ledger accounts under the control of the Treasury Section and Month End Schedules for incorporation in the Group Accounts Package.
- Producing timely reports analysing cash flow streams retrospectively and prospectively by nature and destination.
- Identifying current and potential foreign exchange risk exposure, implementing hedging policies.
- Overseeing corporate insurance policy review and renewal process as support to HQ and Commercial Departments.
- Overseeing third parties insurances (local policies) renewal for managed companies including but not limited to Employers Liability, Car insurance, Personal Travel accident coverage.
- Assisting other Departments in claims management for the Eni Insurance Policy.
- Adherence to the Company's Health, Safety & Environment policies, procedures and standards.
- Full compliance with Eni Code of Ethics and Compliance Model.
This is the opportunity for you if you have these skills and requirements:
- University Degree in Accounting, Economics, Business Management or equivalent.
- ACT (Association of Corporate Treasurers) qualified or equivalent relevant financial qualification is desirable.
- Deep understanding of project financing structures and management of hedging strategies.
- Significant experience operating as a Treasurer, preferably within the oil and gas industry, with relevant experience at supervisory level.
- Proficiency in economic modelling with excellent knowledge of MS office package, particularly Excel and Power Point. Familiarity with SAP is a plus.
- Numerate with a good understanding of money markets and foreign exchange.
- Proficient in English.
- Ability to work in team. Flexible and proactive. Good communication skills, written and verbal.
- Excellent analytical skills. Deadline orientated with the ability to work in a structured and methodical manner.
- Ability to work under pressure.
Location:
London, UK
Contract Type:
Permanent
At Eni we believe in enterprising people, capable of making a difference and making their contribution with passion and innovation, to respond to the global challenges of the energy transition. For us, the skills and attitudes of each individual , continuous training , and diversity and inclusion are fundamental. We promote flexible ways of working with particular attention to well-being, welfare and work life-balance.
Eni will evaluate applications considering plurality and diversity as sources of enrichment. If your application is assessed to be among those most in line with the required profile, you will be contacted to continue the selection process.
Whatever your ambition, at Eni you can find the tools to make it happen.
Energy for action takers
#LI-EIRL
#LI-SL1
