Total E&P Canada Recruiting

TREASURY ASSISTANT (10019823)
Job Type
Company : Total E&P Canada
Contract : permanent position
Branch : Exploration Production
Location : Canada – Calgary
Interviews will take place in : Calgary
Starting date : As soon as possible
Salary : According to profile and experience


Job description
Total E&P Canada Ltd is a wholly-owned subsidiary of Total SA, one of the world’s largest publicly traded integrated energy companies. Our world-class operations are driven by the energy, talent, and expertise of over 93,000 employees in more than 130 countries.

In Canada, Total’s goal is to build a strong, sustainable position in the Athabasca oil sands. Total E&P Canada is creating a team in Canada that draws on local knowledge and expertise needed to operate in the oilsands, while building on the Group’s international experience. Over the next 10 years, Total will invest $20 billion and create 1,300 new jobs in Canada. Total is hiring talented people that share our global perspective, collaborative approach, and commitment to sustainability. Our energy is your energy – we want to hear from you.

This position is based in Calgary, AB and will report to TEPCA’s Treasury Lead with functional reporting relationship to Total Group Treasury in Paris, France. The Treasury Assistant is responsible for daily cash management administration and settlement activities, and ensuring they are completed within tight time constraints. The Treasury Assistant will verify that transactions have the required approvals as per the corporate delegation of authority (DOA) matrix before executing transactions.

Main Activities:
• Gather and consolidate information from all departments in order to maintain a detailed forecast of future funding requirements.
• Daily balancing and monitoring of bank account activity, and investigation of unforecasted items.
• Create Drawdown Notices and obtain required approvals to issue Bankers Acceptance (“BA”) or Commercial Paper and forward to appropriate financial institution within strict cut-off times.
• Market the BA notes directly with traders representing financial institutions.
• Create and forward BA trade confirmations to the middle office personnel at the issuing bank and arrange wire transfers for settlement of any differences if necessary.
• Coordinate the issuance of Commercial Paper and medium note terms with headquarters, including the setting of maturity dates, amounts issued, and repayments.
• Petty Cash Management – reconcile and replenish (as needed) Calgary account, monitor Fort McMurray account, update procedure as required.
• Liaison with A/P regarding pay runs. Responsible for wire transfers, EFT, foreign currency payments.
• Initiate, settle, and report spot foreign exchange trades via the proper applications as required.
• Liaison with banks and Accounting Group to help resolve issues regarding transactions, (ie. Incorrect banking information, unidentified deposits).
• Monitor and administer bank accounts. Assist in completing paperwork for opening and closing of accounts, as required.
• Maintain proper banking documents with house bank and enhance communications where possible.
• Maintain log of intercompany loans and interest calculations, provide timely accruals to accounting, and produce quarterly billings to affiliates.
• Assist with ad-hoc projects within the treasury function and provide support to the Internal Control & Compliance team in the completion of Sox activities mainly during Sox control testing campaigns.


Required skills
Education
Bachelor degree in Business, Commerce, Finance, or Economics.
Experience
Minimum of two years of treasury experience, energy industry experience is an advantage.
Skills
• Knowledge of banking software, wire transfer protocols, and Canadian Payments Association rules would be an asset.
• Proficiency with Microsoft Office applications.
• Able to adapt to a rapidly changing and growing environment and meet strict deadlines.
• Demonstrated ability to develop internal network to maximize flow of relevant information and develop processes to capture said information.
• Attention to detail is very important given the critical nature and timing of tasks.
• Must be a team player with the ability to work independently.

**Must be legally eligible to work in Canada**

**This position is eligible for the Employee Referral Program. Existing Total Employees – please refer to the Referral Policy which can be found on the Total Intranet site**
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