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Diversified Energy Company

Director of Treasury

Diversified Energy Company, Birmingham, Alabama, United States, 35275

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Diversified Energy Company Company Profile

COMPANY PROFILE:

Diversified Gas & Oil Corporation (“DGOC”) is a wholly-owned subsidiary of Diversified Energy Company PLC, a US-based company listed on the New York Stock Exchange (NYSE) and London Stock Exchange (LSE) under the ticker symbol “DEC”. Diversified Gas & Oil Corporation (DGOC) is an established owner and operator of producing conventional and unconventional natural gas & oil wells and midstream pipelines and compression stations concentrated in the Appalachian Basin in the United States. Headquartered in Birmingham, AL, our field operations are located throughout the Appalachian Basin in the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania. In 2021, Diversified announced our expansion into our Central Regional Focus Area, which includes producing areas within Louisiana, Texas, Oklahoma, and Arkansas.

Position Summary & Responsibilities

LOCATION: Birmingham, AL

Job Summary

The Director of Treasury (the “Position”) will be primarily responsible for coordinating the Company’s debt financing transactions and managing the Company’s revolving credit facility. The Position will also be significantly involved in supporting the Company’s Commodity Risk Management functions. The Director of Treasury will be required to serve as a professional and outward-facing resource for the Company’s lenders, creditors and hedge counterparties.

Responsibilities

Serve as Project Manager on Diversified debt financings including new Asset Backed Securitizations (“ABS”), the existing Revolving Credit Facility and M&A-related financings. Coordinate semi-annual credit facility redeterminations with agent bank for the Company’s $1.5 Billion revolving credit facility, involving negotiations around covenant packages and reserve engineering-driven borrowing base calculations. Coordinate structured commodity-linked financings in close partnership with other Diversified commodity risk management team members. Assist with various commodity derivative functions including strategy, trade execution and hedge compliance analysis. Serve as a primary point of contact for credit investors and counterparties including ABS investors, commercial bank coverage and commodity sales. Conduct Debt Facility modeling, including analyzing debt structures and repayment schedules as well as evaluating the impact of debt on the organization’s financial health. Assist with the preparation of materials required for various presentations including board package, semi-annual bank meetings and rating agency surveillance work. Work closely with Diversified’s Financial Planning & Analysis group to ensure accuracy of underwriting models associated with debt financings Supports various Corporate Finance projects and requests related to, but not limited to, capital markets, rating agencies, peer benchmarking, etc.

Qualifications/Requirements

POSITION REQUIREMENTS

Bachelor's Degree in Accounting or Finance Minimum 5 years' experience in Treasury or Banking functions MS Word, MS Excel, MS PowerPoint Experience in Oil & Gas (E&P) a plus CFA Level 1 or higher a plus

Benefits

DEC offers a competitive compensation plan and a comprehensive benefits program. The benefits program includes healthcare, dental, vision, short-term and long-term disability, 401(k), life insurance, Flexible Spending Account plan, and paid time off.

Job Type: Full-time

401(k) Dental insurance Health insurance Paid time off Vision insurance

Seniority level

Seniority level Director Employment type

Employment type Full-time Job function

Job function Finance and Sales Industries Oil and Gas Referrals increase your chances of interviewing at Diversified Energy Company by 2x Sign in to set job alerts for “Director of Treasury” roles.

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