Job Description

Location: Middlesex

Type: Permanent

Salary: 48,000 - 55,000 Per Annum
Orka Financial is working with a large global business to recruit an Assistant Treasury Manager that will sit in a busy, broad role at the center of their European operations. The successful person will become part of a team of 3 with this role looking after all things front office/treasury alongside a Finance Manager looking after all things back office/accounting, both of whom report in to a Senior FM.



Cash Management

Reconcile four cash pools, create daily cash surplus / shortage balance

Arrange bank deposit / loan, update Treasury TMS with results



Cash forecast

Obtain short term forecast from pooling participants, review payment request by subsidiaries

Create monthly forecast for subsidiaries & prepare six monthly forecast before year end and half year end



Banking

Support group companies bank queries with main group bank

Weekly bank and group company online forum to review work in progress

Organise new documentation for account opening and sweeping on behalf of group companies.



Intercompany finance

Confirm group companies deposit 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 fix deposit and loans interest rates

Prepare deposit and loan confirmations for intercompany finance

Prepare cash book for intercompany deposit and loans, bank 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 and build relationship with FX traders

Arrange deals with banks using telephone or electronic dealing platform

Prepare settlement letters and check settlement with banks prior to value date



Project work

This role will be at the centre of banking and treasury projects



Salary

48,000 - 55,000 + bonus