Group Treasury Analyst

Michael Page (UK); City Of London; Hybrid; GBP 40,000 - 45,000; Full time

Job summary

A leading company in the domestic and commercial services sector seeks a Group Treasury Analyst to join their dynamic team. This role involves managing treasury operations, contributing to strategic initiatives, and providing significant influence during a period of growth. Competitive salary and perks including hybrid flexibility and a collaborative culture for professional development are offered.

Benefits

Competitive salary and benefits package

Hybrid flexibility (3 days in the office)

Opportunities for growth and development

Collaborative culture

Qualifications

• At least 1 year of treasury experience or audit.
• Ability to adapt to changing priorities and tight deadlines.

Responsibilities

• Manage day-to-day operations of the Group Treasury Function.
• Prepare and maintain inter-company loan agreements.
• Monitor daily cash balances and manage bank account operations.

Skills

Proficiency in Excel

Proficiency in PowerPoint

Problem solving

Relationship-building skills

Education

Part-qualified accountant (ACA, CIMA, ACCA) or treasury qualification (ACT)

Job description

• Key role in global treasury operations during exciting growth.
• Hybrid working with career advancement opportunities.

About Our Client

My client is a leading international provider of domestic and commercial services, with operations across the UK, Europe, the United States, and Japan. Established in the early 1990s, the company has grown to a workforce of over 7,500 employees and is renowned for its commitment to operational excellence and robust financial management.

Job Description

This is an exciting opportunity for a Group Treasury Analyst to join my client's dynamic team. Reporting to the Group Treasury Manager, this role plays a pivotal part in managing the day-to-day operations of the Group Treasury Function while contributing to strategic initiatives during a time of change and growth.

With broad exposure across the Group, you'll interact daily with businesses in the UK, France, Belgium, Spain, Portugal, and Germany, ensuring the effective management of cash, working capital, and external debt facilities. This is an excellent opportunity to influence change and make a meaningful impact at a Group level.

Key Responsibilities

Internal Lending Facilities:

• Prepare and maintain inter-company loan agreements and interest calculations (including forecasts).
• Process payments for inter-company draw down requests.
• Post month-end treasury journals related to inter-company loans.

External Borrowing Facilities:

• Prepare utilisation requests for loan draw downs.
• Ensure compliance with loan agreements, including repayments, interest payments, and covenant reporting.
• Recalculate external interest to ensure accuracy.

Treasury Operations

• Manage bank account operations, including account opening/closing, KYC requirements, and cash pool arrangements.
• Monitor daily cash balances.
• Own the payment process for all treasury-related payments and transfers.
• Ensure treasury accounting in Oracle reconciles fully to supporting schedules. (Bank reconciliations and cashbook postings are handled by the Treasury Assistant, but you'll provide cover when needed.

Cash and Working Capital Optimisation

• Manage the Group's short-term cash flow requirements.
• Work closely with subsidiaries to ensure efficient management of cash and external borrowings.
• Identify opportunities to optimise cash and working capital across the Group.

• Monitor subsidiary cash balances against targets and challenge local teams as necessary.

Additional Responsibilities

• Operate and enhance the Group's Treasury SOX controls.
• Assist with automating payment processes within the ERP system.
• Support cost-benefit analyses and potential implementation of a Treasury Management System (TMS).
• Drive process improvements and support other areas of the Group Treasury team as needed.

The Successful Applicant

To succeed in this role, you'll need a proactive and collaborative approach, as well as the ability to adapt quickly to changing priorities and tight deadlines.

• Part-qualified accountant (ACA, CIMA, ACCA) or treasury qualification (ACT), with at least 1 year of experience.
• Strong proficiency in Excel and PowerPoint.
• Background in industry (treasury experience preferred) or audit.
• Excellent team player with strong relationship-building skills.
• Demonstrated ability to deliver high-quality results under pressure.
• Proactive problem solver who takes initiative to resolve issues and propose solutions.
• Understanding of SOX environments is beneficial but not essential.

What's on Offer

• A competitive salary and benefits package. Between 40,000 to £45,000 with a 10% performance bonus
• Hybrid flexibility (3 days in the office).
• Exposure to a dynamic, international environment with opportunities for growth and development.
• Opportunities for Growth and Development: My client is committed to fostering professional development, offering the chance to take on challenging projects, enhance your skill set, and advance your career within the Group Finance team. As the business grows and evolves, you'll have the opportunity to make a tangible impact and shape the future of the Group Treasury function.
• Collaborative Culture: Join a team that values collaboration, innovation, and support. My client encourages a "can-do" attitude and offers a workplace culture where your contributions are recognised and rewarded.