Torxen Oil & Gas Ltd. is a private fast paced, dynamic Oil and Gas company, with operations located in the south-eastern area of Alberta called the Palliser Block, producing the better part of 60,000 BOE/day with a diverse product portfolio consisting of a 60% gas and 40% oil production.

We are looking for a Senior Cash Management Analyst. This position demands ownership, accountability, and excellent interpersonal, planning, and problem-solving skills, while being highly competent on a transactional basis. The successful candidate will be responsible for various treasury accounting and reporting tasks, with a solid grasp of the related transactions understanding both source and use of funds, as well as operational and financial accounting. You will possess exceptional communication skills, demonstrate a positive attitude and be a solution-based individual.

Duties include but are not limited to:

  • Embrace and maintain our robust and comprehensive 12-month cash forecast

  • Build a strong understanding of the business to identify and evaluate variances within forecasts

  • Oversight Corporate and Joint-Venture Cash Management and the full cycle accounting of payables and receivables.

  • Management and execution of monthly payment run’s, EFT’s and wire transfers.

  • Ensure sufficient funds are available to cover operational and capital investment needs.

  • Prepare and track monthly Cash Calls from Joint Venture partners

  • Advise on cash movements for the annual Strategic Planning process, including the development of the Five-Year Business Plan and the Annual Budget

  • Monthly bank reconciliations.

  • Responsible for monthly Inter-Company cash reconciliations.

  • Coordinate annual Insurance renewal and complete counterparty creditworthiness assessments and credit applications.

  • Assist with the coordination of the annual audit.

  • Maintenance of financial authority matrix.

  • Monthly corporate entries, including accruals.

  • Support monthly Governmental filings, GST and NRT.

  • Provide other assistance to the Finance Department as required.

The ideal candidate will possess the following qualifications:

  • University degree in Commerce, Economics or a CPA designation

  • Greater than 10 years of progressive relevant Oil & Gas experience; multiple legal entities is an asset

  • Robust communication skills and ability to work effectively in fast-paced, cross functional team to develop and maintain collaborative working relationships

  • Self-starter with strong analytical, problem solving and organizational skills

  • Extensive experience of P2 Qbyte systems including Financial Management (FM), Optix Reporting and Open Invoice systems are essential

  • Advanced Microsoft Excel skills are a must and proficient with Microsoft Word.

If you are interested in this position, please email your resume to HR@torxen.net  by October 24th, 2022. While we thank all applicants for their interest; only those considered for an interview will be contacted.