Who We Are Looking For: Are you a newly qualified accountant interested in developing into a treasury role? Or are you a seasoned accounting professional with a sharp eye for detail and a passion for complex financial analysis?
KCA Deutag is seeking a versatile individual, proficient in Excel, with excellent problem-solving skills to join our team as a Financial Analyst. This varied role offers a unique opportunity to be supported by senior members of our Treasury Team, gain a comprehensive understanding of our business, forge valuable connections across various departments, and play a key role in our banking stakeholder relationships.
Key Details:
Job Title: Financial Analyst
Location: Aberdeen HQ, Portlethen
Contract Type: Permanent (full-time preferred; part-time possible)
About KCA Deutag: A leading drilling, engineering, and technology partner in current and future energy markets, delivering innovative solutions to ensure a secure, affordable, and sustainable energy future.
Opportunity for All: As an equal opportunity employer, we encourage diversity and are committed to creating an inclusive environment for all employees. We welcome applicants from all backgrounds and are happy to make any reasonable adjustments you need during the recruitment process.
You and the Role: As a Financial Analyst, you’ll report to the Corporate Treasurer and collaborate closely with other members of the Treasury team. You’ll gain invaluable commercial insight, connect with various departments, and contribute to our banking relationships. Following the acquisition of Saipem’s land business, we’re now focused on strategic growth and refining our Treasury operations, including areas such as FX analysis.
The role requires an accountancy background and a varied skillset, however, previous Treasury experience is not essential as support and training will be provided.
You will bring the following experience or skills:
- Qualified or part-qualified accountant ready to embrace new challenges.
- Proficient in Excel, keen to put this to use on financial modelling and data mining.
- Eager to learn and utilize internal systems like SAP & Tm5.
- Enjoys analyzing complex data, such as foreign exchange exposures.
- Good communicator, prepared to engage with internal stakeholders at all levels and external banking stakeholders.
- Capable of managing multiple projects and prioritizing within a team setting.
- Open to change and committed to continuous improvement.
- Detail-oriented, with a broad commercial outlook and thoughtful decision-making approach.
- Knowledgeable about tax, accounting, and treasury interactions.
- Financial and numerical acumen, with excellent analytical and problem-solving skills.
What We Offer (UK Only):
- Compressed Working Week (full-time employees only).
- Hybrid working (for all office staff).
- Bonus scheme.
- Group Personal Pension Plan.
- Group Private Medical Insurance.
- Company Sick Pay Scheme.
- Annual Leave with an additional holiday on your Birthday (total 33 days annual leave).
- Group Life Insurance.
- Group Private Dental Insurance.
- Long Term Disability.
- Employee Assistance Programme.
- Discounted Group Private Medical / Dental Insurance for dependents.
- Social Club.
KCA Deutag recognizes that managing talent is vital to achieving continued growth. We will manage career development to ensure that our employees have every opportunity to develop their skills and pursue their ambitions. We promote a culture in which employees are encouraged to communicate openly and honestly on any issues, concerns, or suggestions they may have.
Primary Responsibilities: With support and training from other members of Treasury, the Financial Analyst will gain exposure to:
Refinancing:
- Assisting with any future refinancing - liaison with banks, advisors, and lawyers.
FX Analysis and Hedging Instruments:
- Assisting with monitoring the group’s FX position across a wide range of currencies to mitigate risk. Particular attention to be paid to balance sheet and cash positions.
- Assisting with reviewing currency forecasts and flagging any high-risk areas to the Corporate Treasurer.
- Liaising with external stakeholders to obtain market analysis on topical areas.
- Producing presentations for any FX / hedge proposals to be communicated at the Treasury Management Committee.
Development of Treasury Management System:
- Mastering our Treasury management cloud-based system (Tm5) and assisting with the review of Tm5 for any potential areas that are either under-utilized or not activated.
Guarantees:
- Participating in the Guarantees team with overall ownership for monitoring requests in respect of new issuances, answering any queries, and processing guarantee requests through to issuance.
- Maintaining guarantees summary file for presentation at biweekly cash calls.
- Bank communication, management of stakeholder expectations, and some commercial acumen and escalation of urgent items on a timely basis.
Mergers & Acquisitions / Investment Opportunities / Strategic Initiatives:
- Assisting the Corporate Treasurer with due diligence on any specific Treasury-related areas for any new opportunities as and when they arise e.g., bank accounts, guarantees, cash repatriation, etc.
Project Work Including Saipem Integration:
- Assisting the Corporate Treasurer with any ongoing project work arising from a high level of activity on refinancing and Mergers & Acquisitions.
- Assisting the Corporate Treasurer with progressing and closing out the Saipem integration.
- Assisting to ensure all bank accounts will require to be open, operational, and policy compliant.
- Assisting to ensure all guarantees will are successfully transferred across to KCA Deutag.
- Collaborating with the Tax Team to ensure all cash repatriation and funding routes require to be well established.
Review of Operational Bankers:
- Providing analysis and review of existing operational banking structure.
- Considering enhancements to existing products.
- Liaising with external stakeholders to develop proposals for any potential migrations.
- Assisting Corporate Treasurer with the presentation of any proposal summaries and any subsequent planning should migration be approved.
Treasury Management Committee (TMC):
- Participating on the TMC where Treasury-related decisions are made to ensure that these are scheduled regularly, and that any action points are followed through.
Interest Rate Management and Derivatives:
- Review and monitoring of interest rates applicable across the group and exploring any potential hedging opportunities.
Overseas Cash:
- Assisting with monitoring of overseas cash levels.
- Regular follow-ups to ensure compliance with policy.
Application Process: Whether you’re taking the next step in your career or looking to expand your expertise, KCA Deutag welcomes you to apply for this exciting role. Please click ‘Apply Now’ where you will be taken through our simple four-step process which includes the option to upload a resume or link to a Social Media profile.
Closing Date: Please note the vacancy will be closed when the successful candidate has been selected.
WE CARE Our core values. Shaping the culture and future of KCA Deutag. For more information visit: https://www.kcadeutag.com/vision-purpose-and-values
