Sr Financial Analyst

Company: TETRA Technologies
Location: Spring
Posted on: November 20, 2023

Job Description:

Description Summary:
TETRA Technologies, Inc. is a global organization whose foundation and strength comes from the drive and dedication of our team members. Our culture is that of inclusion and an unwavering belief that both our past and future success are due to the diversity of our employees and their competitive spirit.
Founded in 1981, TETRA Technologies, Inc. (NYSE: TTI) is an energy services and solutions company operating on six continents with a focus on bromine-based completion fluids, calcium chloride, water management solutions, frac flowback, and production well testing services.
TETRA is evolving its business model by expanding into the low carbon energy markets with its chemistry expertise, key mineral acreage, and global infrastructure. Low carbon energy initiatives include commercialization of TETRA PureFlow, an ultra-pure zinc bromide clear brine fluid for stationary batteries and energy storage; advancing an innovative carbon capture utilization and storage technology with CarbonFree to capture CO2 and mineralize emissions to make commercial, carbon-negative chemicals; and development of TETRA's lithium and bromine mineral acreage to meet the growing demand for oil and gas products and energy storage.
Essential Duties:
This position will report to our VP of Finance

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• Prepares consolidate global and regional monthly/quarterly/yearly financial forecasts, budgets and long range plans working with Sales and Operations teams on bottoms-up approach
  
• Analyzes past, current, and future financial data and operational performance
  
• Prepares monthly/quarterly/yearly reporting packages to executive leadership teams
  
• Analyzes financial performance indicators (KPIs) to explain variance from forecast and plan to actuals or within versions of forecasts
  
• Identifies opportunities to improve returns
  
• Analyzes potential growth opportunities within region and current product lines as well as new opportunities
  
• Develops standardized reporting that will help drive business decisions
  
• Prepares and tracks all capital expenditure requests, including financial and strategic return metrics
  
• Distributes flash revenue and EBTIDA results to give an early indicator of results compared to latest forecast
  
• Responds to ad-hoc inquiries regarding financial results and analysis requests
  
• Manages the financial reporting / budgeting / consolidation systems to meet business needs
  
• Responsible for management and creation of key financial reports to meet various business needs (current and future)
  
• Evaluates new market opportunities through potential asset acquisition, M&A or divestitures of current businesses (portfolio optimization)
  
• Leads global ad hoc requests for detail project analysis with various global product line and regional managers, as needed
  
• Assists operations and engineering product development team with financial modeling of new opportunities, including P&L, Cash Flow and Balance Sheet financial models and market segmentation analysis
  
• Supports Global Asset Management team in financial reviews, utilization metrics analysis, asset policies reviews and updates and asset disposition assessments
  
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  Requirements:
  
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  • EDUCATION: Bachelor's Degree in Business, Finance or Accounting (MBA a plus)
    
  • EXPERIENCE: 5-7 years of relevant financial experience, oilfield services preferred
    
  • TRAVEL: 20%
    
  • OTHER:
    
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    • Excellent analytical and financial modeling skills. Experience in computerized accounting systems, financial modeling, budgets, operations analysis, and management reporting
      
      
      
      Work Environment:
      The requirements are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the position.
      This individual will primarily work in the office although field operational visits may be necessary from time to time. TETRA promotes a Flex schedule with 1 flex day per week to accommodate everyone's balanced schedule. While working remotely, the individual is still responsible for performing all assigned tasks as would in a designated business location.
      The work environment requires an individual used to a fast-paced work place, which may require managing multiple tasks, deadlines and priorities. Being a self-starter and good communicator is essential to succeed in this environment.

Keywords: TETRA Technologies, Houston , Sr Financial Analyst, Professions , Spring, Texas