Energy XXI Assistant Treasurer in Houston, Texas
EGC is an independent oil and natural gas exploration and production company headquartered in Houston, Texas that engages in the development, exploitation, and operation of oil and natural gas properties primarily offshore on the Gulf of Mexico shelf, which is an area in less than 1,000 feet of water, and also onshore in Louisiana and Texas. We are currently looking to fill the position of a Manager Finance/Treasury in Houston, Texas.
The Manager Finance/Treasury is responsible for working with the VP, Treasury to manage all aspects of finance, including capital structure strategies, A&D initiatives including capital raising efforts, refinancing’s, and banking relationships. In addition, this position has accountability for bank account management, daily cash positioning, short term cash forecast, and maintaining all records for cash operations, and investments.
Assist in managing all outstanding debt and ensures compliance and reporting of debt related covenants;
Perform financial analysis and modeling to evaluate capital structure, liquidity, covenants, and funding strategies;
Develop and prepare monthly/quarterly Treasury reports for senior management, Investor Relations and Board of Directors;
Advise A&D and business teams utilizing economic modelling for business opportunities to ensure capital and liquidity requirements are appropriately identified;
Develop comprehensive understanding of credit facility for purposes of analyzing proposed transactions to assess permissibility and compliance;
Assist in the preparation of the 10K/10Q earnings call materials;
Assists with bank relationship management and manage bank fee analysis;
Manage day-to-day banking activity (daily cash positioning, short-term borrowing and investments, letter of credit, intercompany funding wire transfers, etc.);
Administer bank accounts, including managing authorized signers and acting as a system administrator for the on-line banking platforms;
Prepare senior management and accounting reports related to borrowing activity; coordinate audit requirements/requests;
Manage and enhance effective governance and controls including Treasury policies and compliance monitoring;
Ensure compliance with SOX and internal controls and coordinate audit requirements/requests;
Ensure activities are in accordance with Corporate Treasury policies and procedures;
Undergraduate degree in finance, accounting or business; MBA highly desirable.
Strong analytical skills with advanced Excel (modelling) and PowerPoint skills
Ability to function and maintain focus in a fast-paced environment with multiple responsibilities
Strong analytical skills and the ability to translate data to provide insights and recommendations to influence business decisions.
Proven track record as an individual that learns quickly, is self-motivated and a team player.
Working knowledge of financial markets and corporate finance concepts
Detail oriented and effective verbal and written communication skills
Excellent written and communication skills essential
10+ years in a corporate finance environment with experience specific to treasury functions. Public company experience is preferred.
External Company Name: Energy XXI
External Company URL: energyxxi.com
Street: 1021 Main St.