McDermott India | Senior Accountant - Treasury

Responsibilities

• While this position is not yet open for active recruitment, we want to connect with talented individuals who may be interested in future projects with us.
• If you are passionate about building energy's future and want to be considered when this role becomes available, we encourage you to submit your details.
• They will act as a resource for colleagues with less experience and share their conceptual and practical expertise related to the accounting discipline.
• Coordinate between commercial/bids team and corporate treasury for the following.
• Review and approval of bank guarantee text format for bid submission.
• Coordinate with Bid and Project Team.
• Liaise with corporate treasury/bank for the Bank Guarantee issuance.
• Ensure regular updates and information is being shared with existing Banks for annual renewal of facility.
• Maintain healthy banking relations with existing and resolving any issues with respect to receipt, payment, Bank Guarantees.
• Prepare list of outstanding Bank Guarantee details with project, entity and the facility used on a monthly basis.
• Prepare Bank Guarantee forecast quarterly in consultation with the project teams and ensure timely internal reviews and submission to stakeholders.
• Review and sign off the petty cash reimbursement claims from petty cashier(s) in line with company policies and procedures.
• Review and sign of the treasury receipt journal monthly as per the SOX control requirement.
• Ensure SOX compliances relating to treasury activities are handled as per company policy.
• Ensure effective cash flow management by funding the account periodically.

Requirements

• Hands on experience in Treasury products and system.
• Good understanding of banking functions.
• Ability to multi-task and manage tight reporting schedule.
• Ability to work independently with minimum amount of supervision.
• Ability to work with stakeholders of all levels as needed.

McDermott International

Ralph Thomas McDermott started the company in Texas in 1923, at the age of 24, as J. Ray McDermott & Company; its first contract was for 50 wooden drilling rigs for an oil prospector in Luling. The business moved to Houston in 1932, where it is still headquartered, and in 2018 it combined with the engineering and construction group CB&I. McDermott provides engineering, procurement, fabrication, construction and installation services to the energy industry, covering offshore, subsea and floating facilities, LNG, high-voltage direct current (HVDC) platforms and low-carbon projects, and it runs its own fabrication yards and fleet of marine construction vessels. Its Indian company, McDermott India Private Limited, has a global engineering centre in Chennai and an office in Gurugram.

Its finance openings in India are in Chennai and Gurugram. Treasury roles run from senior accountant to principal treasury analyst, and internal audit roles cover finance and operational audits at senior and principal auditor level. There are also a direct tax accountant role and a JD Edwards EnterpriseOne finance systems role covering procure-to-pay and order-to-cash. Experience asked for ranges from two to more than eight years. Audit postings require a CA, ACCA, CPA or CIA, with CISA or CFE welcome, and Big Four or multinational audit experience; the tax and treasury accountant roles want a qualified Chartered Accountant, and treasury analyst postings name CTP, MBA or CFA as preferred.

• Industry: Energy engineering and construction: offshore, subsea and floating facilities, LNG, HVDC and low-carbon projects, with its own fabrication yards and marine construction vessels
• Headquarters: Houston, Texas, United States
• In India: McDermott India Private Limited, with a global engineering centre in Chennai and an office in Gurugram