(KS476) Assistant Treasury Manager

Orka Financial Ltd; United Kingdom; Hybrid; GBP 50,000 - 55,000; Full time

Job summary

A dynamic financial firm in the UK is seeking an Assistant Treasury Manager to oversee cash management, forecasting, and banking operations. The role focuses on reconciliation of cash pools, preparation of forecasts, and administration of intercompany finances, supporting a small team while the successful candidate will work in a hybrid environment. The position offers a competitive salary between £50,000 and £55,000 plus bonuses, based in Uxbridge.

Qualifications

• Experience in cash management and forecasting.
• Familiarity with banking operations and cash pooling.
• Knowledge of foreign exchange markets.

Responsibilities

• Reconcile cash pools and manage daily cash balances.
• Create short and long-term cash forecasts.
• Support banking queries and manage intercompany finance.

Skills

Cash Management

Financial Forecasting

Banking Operations

Foreign Exchange Dealing

Job description

Assistant Treasury Manager – Uxbridge – Orka Financial

Orka Financial is recruiting an Assistant Treasury Manager to operate at the centre of our European operations. The successful candidate will join a focused team of three, working closely with a Finance Manager and reporting to a Senior Finance Manager.

Responsibilities

• Cash Management
  • Reconcile four cash pools, create daily cash surplus / shortage balance and update Treasury TMS with results.
  • Arrange bank deposit / loan and maintain Treasury TMS.
• Cash Forecast
  • Obtain short‑term forecast from pooling participants, 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 and organise new documentation for account opening and sweeping.
• Intercompany Finance
  • Confirm group companies deposit or borrowing twice per month and fix cash position for each currency, including cash pooling and external currencies.
  • Recommend currency swaps to keep all currencies liquid and monitor interest rates to fix deposit and loan interest rates.
  • Prepare deposit and loan confirmations, intercompany deposit and loans, farm deposits and loans and FX deals; update Treasury TMS with results.
• Netting
  • Provide administrative support to group companies – register new users – operational queries.
  • Prepare cash book for netting transactions and FX deals.
• Foreign Exchange Dealing
  • Monitor FX markets, build relationships with FX traders and arrange deals with banks using telephone or electronic dealing platform.
  • Prepare settlement letters, check settlement with banks prior to value date.
• Project Work
  • Operate at the centre of banking and treasury projects.

Salary – £50,000 - £55,000 + bonus.

The role is based in Uxbridge and operates hybrid working.