Assistant Treasurer

Aera Energy Services Company

Assistant Treasurer

Fort Myers, FL
Full Time
Paid
  • Responsibilities

    California Resources Corporation is a publicly traded oil and natural gas exploration and production company and the largest oil and natural gas producer in California. We operate our world-class resource base exclusively within the State of California, applying complementary and integrated infrastructure to gather, process and market our production. Using advanced technology, CRC’s workforce focuses on safely and responsibly supplying affordable energy for California by Californians.

    CRC is seeking to fill the role of an Assistant Treasurer. This position will be based out of our Long Beach, CA or Santa Clarita, CA office and is eligible for a 9/80 and hybrid work-from-home schedule. The base annual salary for this posted position is reasonably expected to range from $170k - $215k, with a target annual bonus of 25% of base salary and eligibility to participate in our long-term incentive program. Individual pay decisions are based on several factors, including education, experience level and relevant industry experience. Benefits Include: Medical, Dental, Vision, 401k with Match, Paid holidays, FSA, HSA.

    • Rigorous analytical and financial modeling of cash flow projections, budget tracking/reconciliation, capital structure analysis, enterprise valuation, liquidity/covenant monitoring, macro stress testing and sensitivity analysis, etc.
    • Maintain key banking and lending relationships, evaluate financing options and support debt issuance, liability management and transaction execution
    • Manage dept and investments portfolios of the company and ensure compliance with policies and financial controls adopted by the company's Board of Directors
    • Lead the periodic rating agency reporting and credit review processes
    • Experience with credit products - syndicated leveraged loans, high-yield bonds, mezzanine/PIK debt
    • Support the due diligence, help determine deal structure and prepare credit memorandums for management
    • Ability to build and foster cross-functional relationships and collaboration
    • Develop treasury staff and foster a high-performance team environment
    • Debt administration and compliance:
      • Work closely with Accounting and other teams in CRC on debt compliance, covenant calculations
    • Cash forecast reporting:
      • weekly, monthly, and annual
    • Assist treasurer by supporting projects, gathering, and analyzing data, etc.
      • Detailed rating agency modeling specific to the S&P, Moody's, and Fitch
      • Fundamental industry research and financial statement analysis to support high yield credit underwriting

    Required Skills

    Required Experience

    • Minimum 7 years' corporate treasury experience with hands on exposure to sophisticated Treasury Management Systems
    • Ability to succeed in a fast-paced environment with minimal supervision
    • Professional depth and experience in capital markets and debt management
    • Bachelor's degree in business or related field; MBA degree preferred
    • Detailed knowledge of treasury operations and how they fit into the overall functioning of the organization
    • Experience in cash management, banking administration, post-issuance debt, compliance, and investment management
    • Comprehensive understanding of bank cash management products, banking systems, particularly electronic transmission of data and interconnectivity to company systems
    • Strong working knowledge and experience with MS office suites as well as presentation applications and capabilities of database applications
    • Excellent verbal and written communication skills and the ability to work effectively and independently with bankers and individuals at all levels in the organization (including senior management)
    • Must have proven record of demonstrating leadership and motivation skills with potential beyond the current position.

    CRC is an Equal Opportunity Employer: Minorities/Females/Vets/Disabled

  • Industry
    Other