Thomas Seeholzer

Experience

• 

  Petroplus

  Oct 2007 - Mar 2012

  Treasurer

  Intercompany call accounts, Letter of Credits (import/export), Guarantees, Misys, 360T, ITS, Facility Agreements, Long term loan agreements, Month end valuations, Monitoring cash-pooling, FX-Trades, Internal and third party payments, Preparing weekly Borrowing Base Report to the banks, Parent Company Guarantees, Factoring program, System administration of the group for DB e-bankingProjects: implementation automated FX reconciliation process between the FX trading platform, the TMS and the Misys reconciliation applicationinvolvement in implementing of the Group Cash Pooling (incl. TMS setup)involvement in implementing of the Group Intercompany Netting (incl. TMS setup) Show less

• 

  Weatherford

  Mar 2012 - now

  Regional/Corporate•Daily management of bank accounts in the European cash pool (ensure the solvency of the pool participants at all times, optimize the group`s gains)•Leading semi-monthly submission of Cash Flow Forecast (CFF) forms for the whole group worldwide•Analyzing and actively supporting entities within the group worldwide in the semi-monthly cash flow forecasting•Provide regularly a detailed report and analysis of Europe`s or for other regions CFF to the Corporate Treasurer•Opening/modification/balancing of bank accounts in the European region•Providing a daily cash balance of bank account overview of Europe•Initiate and control payments and FX deals•Provide a quarterly bank fee analysis for the whole group (optimization) or when requested•Update/monitor daily rates in JDE•Optimizing cash repatriations at each month and quarter end•Provide support for ad-hoc requests from the Senior Treasury Manager Europe and Corporate TreasurySwiss Treasury Center (STC)/Intercompany Financing•Active management and administration of intercompany loan portfolio of STC•Conduct credit analysis of prospective borrowers•Prepare lending proposals (loan amounts,terms,etc.) with respect to eligible borrower for the review by the Head of STC•Communication with various departments within the Weatherford group (Tax, Accounting, Legal, etc.) as needed to properly execute and report all IC loan transactions•Administer the respective underlying note agreements that evidence the note receivables, including drafting the notes and arranging for execution of the agreements•Maintain intercompany note database and detailed records•Co-ordination of principal (re)payments and interest payments•Monitor foreign exchange of exposure of STC and active execution of trades•Monitor, improve and optimize loan portfolio as per set guidelines by STC Management•Prepare periodic reports for board of directors•Liaise and assist Accounting with reconciliations, validate transactions Show less Treasury Analyst Activities:• Daily management of bank accounts in the European cash pools (ensure the solvency of the pool participants at all times, optimize the Group’s interest gains)• Opening / modification / balancing of bank accounts in the European region• Optimizing cash repatriations at each month and quarter end• Providing a daily cash balance overview for Europe, MENA and Russia• Analyzing and actively supporting entities within the group in the weekly cash flow forecasting• Provide a detailed report of the cash flow forecast to the Corporate Treasurer• Initiate and control payments and FX deals• Regularly Bank Fees analysis for the whole group (optimization)• Management of relations with core banks Intercompany Financing:o Active management and administration of intercompany loan portfolio of Swiss Treasury Center (STC) as per set guidelineso Conduct credit analysis of prospective borrowerso Administer the respective underlying note agreements that evidence the note receivables, including drafting the notes and arranging for execution of the agreementso Maintain IC note database and detailed recordso Co-ordination of principal (re)payments and interest paymentso Monitor loan portfolio as per set guidelines by STC Managemento Improve and optimize loan portfolioo Liaise and assist Accounting with reconciliations, validate transactionso Engage with IT and other stakeholders in system enhancementsSet up Swiss Treasury Centre:• Draft new intercompany note agreements• Determine credit standards for Revolver and Long Term Borrowings and credit analysis methodology• Define Lending Standards for the evaluation of loan requests• Complete and deliver Account Opening Package & KYC docs to banks• Obtain Account opening confirmation from banks incl. standard settlement instructions Show less

  • Treasury Manager

    Sept 2016 - now

  • Senior Treasury Analyst

    Apr 2015 - Aug 2016

  • Treasury Analyst

    Mar 2012 - Apr 2015