Cash Management Analyst

Imagine your career taking you to the depths of innovation and the heights of impact.  Our people enable continuous progress. Their commitment, collective expertise, and unique capabilities are the engine room behind SBM Offshore’s True. Blue. Transition - shaping the future of energy, and beyond.

About Us:
SBM Offshore is the world’s deepwater ocean-infrastructure expert. Our work is already resulting in cleaner, more efficient energy production. True. Blue. Transition is our promise to enable that into the future while at the same time using our expertise to support new and existing markets in the blue economy. It starts with Advancing our Core: continuing to advance the decarbonization of traditional energy production. While Pioneering More: helping to enable the energy transition and using our unique capabilities in ocean infrastructure to support more industries to grow sustainably.  Sharing our experience for a better blue tomorrow.

JOB PURPOSE

The Turnkey Cash Management Analyst Support the Head of Cash Management in optimizing Turnkey Cash flow management and ensuring financial stability. He / Her analyze financial data, forecast cash flows, manage risks, and implement strategies to enhance cash management practices.

RESPONSABILITIES AND MAIN TASKS

• Manage and optimize trade receivable collection
• Perform bad debt follow up
•  Ensure regular Cash Collection from clients;
•  Provide to Treasury department correct accounting entries at the reception of the not automatically allocated payments; accounts allocation;
•  Analyze payments overdue, identify the status, advise on actions needed and estimated settlement date;
•  Identify bad debt provision to be booked/ reversed;
•  Regular communication with Project Cost Team, Partners, Clients and other Internal Stakeholders

CASH MANAGEMENT

 Manage and optimize working capital

• Data Collection and Analysis: Gathering, organizing, and analyzing financial data to identify trends, discrepancies, deviations and take corrective actions.
• Cash Flow Forecasting: Providing cash flow insights for predicting future cash inflows and outflows to ensure adequate liquidity and optimize working capital.
• Risk Management: Identifying and propose mitigating risks related to cash management, such as currency fluctuations, payment delays, invoices approval delays, etc.
• Reporting: Prepare Quarterly Cash Report, highlighting main variances and areas of concern. Prepare regular reports on cash balances, cash flow trends, and key performance indicators to inform decision-making and adjust cash flow; Perform desktop reviews to identify cash flow irregularities and report KPIs.
• Process Improvement: Identifying opportunities to streamline cash management processes and reduce costs.
• System Implementation, Maintenance and Training: Supporting the implementation and maintenance of cash management systems and tools and providing training to team members.
• Compliance: Ensuring compliance with relevant internal procedures and external regulations and accounting standards.
•  Teamwork: Foster a collaborative work environment and promote a positive cash management culture and behavior.

JOB REQUIREMENTS

Education: Master Degree in Science of Finance or Graduate Management/Business School

Experience: 3-5 years’ experience in Finance;

Specific competencies (knowledge or know-how) which are a key factor for the position:

• Strong analytical and organizational skills with a foundation in accounting
• Proven ability to manage time effectively and prioritize multiple tasks

Demonstrated initiative, autonomy, and a high level of confidentiality

GENERAL INFORMATION

SBM Offshore N.V. is a listed holding company that is headquartered in Amsterdam. It holds direct and indirect interests in other companies that collectively with SBM Offshore N.V. form the SBM Offshore Group (“the Company”). For further information, please visit our website at www.sbmoffshore.com. The companies in which SBM Offshore N.V., directly and indirectly, owns investments are separate entities.

SBM Offshore is proud to be an Equal Employment Opportunity and Affirmative Action employer. SBM Offshore does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law.  All employment is decided on the basis of qualifications, merit, and business need.