Treasury Associate

**Organisation**

**Position**

Treasury Associate

**Vacancy ref**

83715

**Based in**

Aberdeen - Westhill

**Business area**

Corporate

**Working hours**

37.5 hours per week

**Contract type**

Contract

**Closing date**

31/10/2024

Vacancy information

At Subsea7 we encourage our colleagues to build careers they can be proud of. As a result of internal development, we have an opportunity for a **Treasury Associate** to join our Finance Resource Centre (FRC) team at our office based in **Westhill, Aberdeen** on an **initial 12-month contract basis.**

Our FRC Treasury function is a fast paced, global transaction team who work together to ensure we pay our people and suppliers on time, efficiently and accurately. If you share our values - safety, integrity, performance, collaboration, innovation and sustainability and you are friendly, positive, accurate and consistent - you can expect to make a lasting contribution to a critical business function. This role has the potential to lead to further opportunities within Subsea 7 after the initial contract period.

What will you be doing?

Reporting to the Treasury Accountant, you will have responsibility for processing payments in the online banking platforms, allocating customer receipts, bank reconciliations and bank administration tasks. You will work closely with the banks, the Accounts Payable team, Regional Finance teams, Group Treasury, and other internal departments on a regular basis to resolve receipt or payment queries.

You will be expected to follow processes and become the country banking expert for the legal entities you are responsible for. You will demonstrate accuracy and a genuine curiosity to learn about global banking transactions and remain vigilant of potential fraudulent transactions.

**Duties and responsibilities include (but are not limited to)**:

- Running and reviewing the Payment Proposal Listings.
- Input and review of manual payments into the bank and once approved booked into accounting system.
- Timely preparation of bank reconciliations, providing accurate analysis of outstanding items.
- Reviewing the bank balances daily on the banking system comparing it to SAP to ensure all transactions are recorded including all intercompany transactions.
- Regular contact with project accountants to facilitate the collection of due debts and accurately booking receipts.
- Daily review of team mailbox to ensure proactive responses to queries.
- Other ad hoc duties as required which may include cover for other team members.

What experience would we like you to have?
- Previous experience within a Banking or Accounts Payable function is beneficial for this role but it would also suit a recent graduate looking to get experience in a finance role.
- We are looking for motivated individuals who enjoy working as part of a team. Those with a desire to understand and follow processes and use this knowledge to resolve issues that arise will thrive in this role.
- You should be able to demonstrate a high level of accuracy, attention to detail, ability to prioritise work effectively, and work together with your team mates to ensure all tasks are completed by their deadlines.
- Ability to demonstrate a focus on customer service; being able to understand and investigate queries from the Subsea 7 business and then communicating the status and conclusions of these verbally and in writing is a critical skill.
- Proficient in the use of Microsoft 365 including Excel. With experience utilising SAP or a similar ERP system being beneficial.
- It will be exciting, busy and varied so a ‘hands-on, sleeves-up’ approach is a must. You will work closely with the whole FRC team to deliver a trusted, reliable global banking service.

What do we offer?
- **Career development** - with access to a range of learning and development opportunities, as well as being part of a culture that encourages growth and development.
- **Flexible working** - lots of our people work flexibly in different ways. Whether it’s hybrid, part-time or flexitime working. We can’t promise to give you exactly what you want, but let’s have a discussion to see how we can make it work.
- **Enhanced maternity/paternity leave/adoption leave.**:

- **A fantastic benefits package** - which includes a generous holiday allowance, pension scheme, discounted health and wellbeing packages, electric car salary sacrifice scheme and more.

Who are we?

We are Subsea7, a global leader in the delivery of offshore projects and services for the energy industry. We make offshore energy transition possible through the continuous evolution of lower-carbon oil and gas and by enabling the growth of renewables and emerging energy.

At Subsea7, we are looking for people who think differently. We want people who can bring new ideas and who are willing to take on challenges that will enable us to make a positive impact on a global stage.

In turn we will lift you up and encourage you to go further. Onshore