Treasury Assistant

About Wellbore Integrity Solutions

Headquartered in Houston, Texas, Wellbore Integrity Solutions (WIS) operates globally in the oilfield services sector, and provides customers with a suite of products, applications, and services on ensuring well integrity throughout the life of the well.  We employee more than 1,300 people working across six continents in over 25 countries.

If you’re looking for an opportunity to build your career in an exciting and inspiring entrepreneurial environment, where your contributions are valued, and you can have a global impact, then come and grow with WIS! We value our relationships with our employees and are committed to creating a high-performance culture that fosters healthy relationships among a diverse team of talented individuals. 

About the Position

Are you looking for a career in a dynamic, innovative, growth-minded company that values agility, encourages entrepreneurial thinking, and rewards individual achievement? Look no further than Wellbore Integrity Solutions. 

We are looking for a Treasury Assistant who will play a crucial role as part of our Global Corporate Accounting and Finance Team.  This position will help assisting with manage the company’s cash, liquidity, and financial risks. It will also support all aspects of our daily treasury operations, and play a leading role in global bank account administration. 

Primary Responsibilities

• Prepare daily cash position; invest/redeem funds ensuring investment diversification and compliance with the Global Cash Management Policies
• Process domestic and international payments including foreign exchange and intercompany settlements.
• Assist with implementing cash concentration, repatriation and pooling structures that are compliant with US Tax, international statutory, and central bank requirements.
• Maintain excellent and time-sensitive communication senior management for all cash activities globally and by region.
• Evaluate, monitor, and communicate banking counterparty performance.
• Liaise with external banking partners to drive change and execute treasury initiatives.
• Prepare daily, monthly, and quarterly cash management reporting.
• Collaborate with key stakeholders to identify and implement innovative treasury solutions, leveraging emerging technologies and industry best practices.
• Design and develop dashboards that provide real-time insights into the treasury’s performance, enabling data-driven decision-making and strategic planning.
• Provide critical backup support for daily liquidity operations, ensuring seamless continuity in the absence of primary operators.
• Compile and analyze financial information to meet monthly, quarterly, and fiscal year-end management reporting requirements, including support for audit processes.
• Assist in evaluating risk and maintaining compliance with the Company’s treasury policies and internal controls.
• Perform daily reconciliation of accounts, research variances, and reconcile items.
• Review accounts for adjusted items; research and correct as needed.
• Monitor bank accounts for Positive Pay exception items. Research and make decisions as needed.
• Interact with business partners to resolve any exceptions related to wire submissions, deposit delays, insufficient funds, and other cash management issues.
• Perform high-level administrative functions as needed to ensure operational efficiency and process improvement.

Minimum Requirements

• Bachelor's degree in finance, economics, or a related field plus 3 years relevant experience, or associate degree and 5 years relevant experience.
• Proven experience (3 years) in analytical roles within the financial services industry.
• Willingness to work across global time zones to serve clients and meet business needs.

Preferred Qualifications

• Tableau and/or Power BI expertise
• Oil and Gas industry experience
• Experience in liquidity management, risk assessment, or related fields is highly desirable.

Desired Skills and Competencies

• Understanding of essential treasury management functions such as liquidity management, credit collections, and capital structuring.
• Proficiency/knowledge in accounting and financial principles /controls and processes.
• Strong analytical and critical thinking skills, and strong attention to detail; ability to summarize financial information into concise, high-quality charts, tables, and Power Point presentations.
• Experience collaborating and communicating results and financial concepts to global audiences.
• Experience with analytical and problem-solving capabilities to drive actionable insights.
• Experience or desire to drive transformation by respectfully challenging historical practices and leveraging technology and automation tools.
• Experience with financial modeling and analysis.
• Understanding of capital structures and debt instruments, such as revolving credit facilities, term loans, and senior notes
• Strong technical proficiency with software applications (Excel, Power Point, and Word) and ability to incorporate automation tools to speed the creation of daily reports; knowledge of Treasury and SAP is a plus
• Ability to effectively prioritize tasks and manage multiple deadlines in a fast-paced and challenging environment.
• Strong communication and interpersonal skills, with the ability to collaborate effectively across teams.

Salary & Benefits

This is a full-time, non-exempt position. WIS deeply values fair and equitable wages that enable our employees and their families to thrive.  As such, individuals who meet our minimum education and experience requirements will join our team at the midpoint of the range for their position. 

WIS offers an extensive and generous benefits package, including health insurance, vacation pay based on years of relevant experience not tenure with the company, sick pay, paid holidays, a 401(k) retirement plan with a 4% employer contribution, free parking, and other key benefits.

Diversity, Inclusion, and Equal Opportunity

We believe that diversity is critical to our mission, and we value an inclusive culture. We strongly encourage applications from people with lived experiences related to our programs and applications from people of color, persons with disabilities, women, and LGBTQ individuals. WIS is an equal opportunity employer; we do not discriminate in employment based on race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, marital status, sex, gender or gender identity, age, or sexual orientation.