Treasury and Credit Analyst
- London
- Permanent
- Full-time
- Monitor daily cash balances across pooled and non-cash pooled bank accounts, escalating any usual balances and/or transactions.
- Prepare and analyse the Group's weekly actual cash reporting and rolling cash flow forecast, across multiple entities and currencies.
- Actualise and maintain the forecast inputs for the Group Cash flow model, liaising with the respective internal function to ensure data is updated and accurate.
- Liaise with the Group Financial Shared Services team and align on funding requirements across pooled and non-cash pooled currencies, proposing funding recommendations which include selling and purchasing multiple foreign currencies and intercompany settlements.
- Prepare payment request for intercompany settlements, currency purchases and any other irregular payment types (Dividend, Share Capital etc)
- Administrate the Group's bank accounts primarily on HSBCnet and/or other banking platforms, maintaining / updating user access and permissions, liaise as directed with the banks on all bank related matters.
- Ensure all internal and external banking documents, renewals, approvals and signatory requirements are planned in advance to ensure timely approval and execution.
- Develop and maintain an effective working relationship with the corporate banks and parent cash treasury functions, ensure clear lines of communication and collaboration.
- Administer any 3rd party Debt agreement, ensuring any reporting and compliance obligation are performed timely and interest and related charges are appropriate accounted.
- Support the preparation of any claims and/ or notification to the Groups credit insurers, ensuring accuracy and completeness of information.
- Prepare monthly credit insurance declarations, track and reconcile credit insurance invoices and charges.
- Work with regional teams and functions to support the preparation of credit limit extension requests, providing credit insurance insights and D&B ratings.
- Support in preparation of Global ADR summary, leveraging on data and comments from regional teams.
- Provide recommendations for improvements to internal processes and accounting procedures.
- Other ad-hoc tasks as required
- Part qualified / studying towards Certified Treasury Professional (CTP)
- Demonstrable understanding of treasury fundamentals
- Proven relevant cash/ credit experience, working in a multi-currency environment
- Experience in Group Cash Pooling, intercompany process and group funding processes
- Experienced global bank account platform administration
- Strong bank relationship management capability
- Practical experience in managing periodic activities of 3rd party insurance companies and brokers providing coverage for uncollectible customer invoices is desirable
- Experience in managing global process development, credit, collections, and projects in an MNC environment is desirable
- Experience in the Luxury sector and/or FMCG is desirable
- Deadline oriented with a commitment to accuracy
- Good time management and organisational skills
- Keen attention to detail
- Independent thinker and driven to achieve best results
- Intermediate MS Excel and ERP systems skills. NetSuite experience is desirable
- Excellent communication skills
- Ability to prioritise and provide follow up in a fast-paced environment