Assistant Treasury Manager

Orka Financial Vacancies; Greater London; On-site; GBP 41,000 - 48,000; Full time

Job summary

A financial solutions provider is seeking a Treasury Manager to oversee cash management, banking support, and foreign exchange dealing activities. The ideal candidate will have manager-level experience in treasury or related finance roles. Responsibilities include reconciling cash pools, preparing forecasts, and coordinating banking projects. This full-time position in Greater London offers a salary range of €48,000 – €55,000 per annum, plus bonuses.

Qualifications

• Manager level experience in treasury or related finance functions.

Responsibilities

• Reconcile cash pools and create daily cash balance.
• Create monthly forecasts and review payment requests.
• Support group companies' bank queries and organize documentation.
• Confirm deposits or borrowings twice per month.
• Monitor FX markets and arrange deals with banks.

Skills

Cash Management

Banking Support

Foreign Exchange Dealing

Inter-company Finance

Analytical Skills

Job description

Responsibilities

Cash Management

• Reconcile four cash pools and create daily cash surplus/shortage balance.
• Arrange bank deposit / loan updates to Treasury TMS.

Cash Forecast

• Obtain short‑term forecast from pooling participants and review payment requests by subsidiaries.
• Create monthly forecast for subsidiaries and prepare six‑month forecast before year‑end and half‑year‑end.

Banking

• Support group companies' bank queries with the main group bank.
• Hold weekly bank and group company online forums to review work in progress.
• Organise new documentation for account opening and sweeping on behalf of group companies.

Inter‑company Finance

• Confirm group companies’ deposits or borrowing twice per month.
• Fix cash position for each currency, including cash pooling and external currencies.
• Recommend currency swaps to keep all currencies liquid.
• Monitor interest rates to set deposit and loan rates.
• Prepare deposit and loan confirmations for inter‑company finance.
• Prepare cash book for inter‑company deposits and loans, bank deposits, loans and FX deals.
• Update Treasury TMS with results.

Netting

• Provide administrative support to group companies – register new users and handle operational queries.
• Prepare cash book for netting transactions and FX deals.

Foreign‑Exchange Dealing

• Monitor FX markets and build relationships with FX traders.
• Arrange deals with banks using telephone or electronic dealing platforms.
• Prepare settlement letters and verify settlement with banks prior to value date.

Project Work

• Coordinate banking and treasury projects.

Qualifications

Required experience: Manager level experience in treasury or related finance functions.

Employment Type

Full‑time

Salary

48,000 – 55,000 € per annum, plus bonus.