Group Treasury Analyst

TN United Kingdom; London; Hybrid; GBP 40,000 - 45,000; Full time

Job summary

An established industry player is looking for a Group Treasury Analyst to join their dynamic team. This exciting role involves managing treasury operations and contributing to strategic initiatives during a period of growth. You'll work closely with international subsidiaries, ensuring effective cash management and compliance with loan agreements. The company values collaboration and offers a competitive salary with opportunities for professional development. Join a team that recognizes your contributions and fosters innovation while making a meaningful impact in the treasury function.

Benefits

Performance bonus

Hybrid working flexibility

Professional development opportunities

Collaborative culture

Qualifications

• Proactive and collaborative approach with ability to adapt quickly.
• 1+ years of experience in treasury or audit.
• Understanding of SOX environments is beneficial.

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

Excel

PowerPoint

Treasury Management

Problem Solving

Education

Part-qualified accountant (ACA, CIMA, ACCA)

Treasury qualification (ACT)

Tools

Oracle

Job description

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• 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. You will interact daily with businesses in the UK, France, Belgium, Spain, Portugal, and Germany, ensuring effective management of cash, working capital, and external debt facilities. This role offers 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 drawdowns.
• Post month-end treasury journals related to inter-company loans.

External Borrowing Facilities :

• Prepare utilisation requests for loan drawdowns.
• 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 career progression within the Group Finance team, with challenging projects to enhance your skills and influence the future of the Group Treasury function.
• Collaborative culture that values innovation, support, and recognition of contributions.