, India

Job Family Group:

Finance

Worker Type:

Regular

Posting Start Date:

December 7, 2023

Business unit:

Finance

Experience Level:

Experienced Professionals

Job Description:

About Cash Management & Treasury Operations

       Cash Management team:  Plays an integral part in Finance Operation processes with the primary objective to increase operational effectiveness in the areas of Cash Forecasting and Bank Account Management, the accuracy of the information provided by FO Cash Management Team is critical as it supports the investment and borrowing decisions by Shell Treasury to optimize the Group’s cash position. 

 Treasury Operations -

• Cash Forecasting - Providing insight to the Treasury Analytics team and other interested stakeholders on cash forecasting (daily and longer term). Cash forecasting requires a strong understanding of various businesses in Shell, cash flow patterns and strong ERP knowledge for doing cash projections.
• Bank Reconciliation - Reconciliation of bank accounts, processing bank statements and the associated controls ensuring any open items are identified and addressed promptly with stakeholders in other areas of Finance Operations and in the business. The team works across various ERPs and continues to leverage technology to drive efficiency and focus on risk.
• FX Hedging : On time execution of hedges to avoid potential FX exposure and reviewing/operating hedging related controls.

Accountabilities

• The Team Manager (TM) role leads the Shell Trading team in Cash management operations and plays a pivotal role in driving operational excellence and continuously improve the Cash forecasting process to support Shell Treasury for optimizing the Group’s cash position
• Team manager role is responsible for the stable operation of the Trading CM processes in Chennai, as well as supporting continuous improvement in design and delivery while enabling efficiency gains.
• Team manager needs to Support to operate all SOX and internal controls in line with Work Instructions and the Group controls framework
• This role is an excellent opportunity for an individual who is interested in a role that has a significant influence and exposure to wider cash management & treasury teams.. It would suit a dynamic individual who is willing to challenge the current understanding of the process, balancing the right amount of challenge and support, while building networks/relationships outside of Finance.
• To support this, the successful candidate will require strong analytical & communication skills and stakeholder management skills to quickly grasp an understanding of the operations and treasury operating model.
• Team Management experience will be preferred. This role requires leadership skills to manage a team of approx. 10 people. (to lead/coach and develop the team capabilities to drive operational excellence and nurture talent).

Dimensions

• Scope : Cash Management – Cash Forecast and Bank Account Reconciliation
• Coverage : Shell Trading Entities
• To lead a team of approx. 10 people
• Shift timings : 2pm to 11pm

Skills/Requirements

• Minimum 3 to 4 years of experience in CM/FO with experience in Team Handling preferable.
• experience in Financial Planning or Financial Analysis
• Graduate / Post Graduated in Finance or Accounting / Qualified / Semi Qualified Accountants preferred.
• Very good analytical and Stakeholder management skills.
• Excellent communication skills – verbal and written. Proactively lead and ensure the correct and most efficient Communication Channel is used to execute standards in Cash Management.
• Ability to think widely to solve complex problems using innovative solutions.
• Strong Knowledge & Understanding of Liquidity Management & Bank Reconciliation process is a must.
• Strong IT desktop skills (Excel, Power-point) and ERP knowledge (SAP preferred)

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DISCLAIMER:

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.