Job Purpose
Treasury Analyst responsibilities include providing support to the treasury department in cash management, investment, and foreign exchange risk management. The position will also lead and support the timely resolution of issues raised by the system users, provide complex business design services for development, independently handle complex problems with minimal supervision, and support the ongoing standardization and optimization of treasury systems.
Core Responsabilities
Back Office
Daily reconciliation of treasury bank statements.
Management of the treasury settlements process.
Run daily treasury operating reports.
Ensure all items on the daily checklist are completed on time.
Cash and liquidity
Ensure sufficient liquidity available to fund business units, cash pools, and invest surplus cash effectively.
Recommend FX hedges required to ensure the currency exposures identified are within the Group Policy.
A key point of contact for the banks, finance, and IT teams team ensuring effective management of all cash management activities, including resolving all operational banking matters and resolving any issues for Treasury and the Group.
Plan, execute, and coordinate the bank account opening/closing process for the Group.
Develop and manage the short-term cash flow forecast process.
Identify and promote opportunities to enhance the effectiveness and efficiency of cash and banking and drive the necessary change process.
Mandates and systems controls
Management of the bank account and dealer mandates globally.
Maintain and update counterparty standard settlement instructions, including communicating with counterparty settlement teams.
Initiate system static data changes for Group stakeholders.
Manage the global banking platform and its use by members of the Group.
Currency exposures
Collation and consolidate cash flow submissions received from the finance functions and operating groups/regions.
Consult with relevant financial and operational teams on the timing and quality of submissions, including querying movements and incomplete or inconsistent data.
Analyse, compile, and present completed data to the Treasury Manager.
Compliance and controls
Arranging compliance certificates, asset valuations, etc., required by the company bankers.
Management and reporting of overall risk limits and exposures.
Oversight of confirmation and settlement processes having regard to appropriate segregation of duties.
Validation of charges associated with facilities, loans, and the issuance of guarantees, ensuring amounts are agreed, captured, and paid on time.
Working capital account maintenance
Running the monthly working capital interest charge.
Consult with the relevant finance staff to coordinate working capital transactions.
Continuous Improvement
Driving change management projects, such as changing banking providers, rationalizing accounts, and developments to Treasury systems, including further implementation.
Ensure leading practice and innovative cash management/treasury risk management processes and structures are implemented.
Risk and Compliance
Ensure compliance with MPG's regional Policies and internal control guidelines and alignment with global.
Provide recommendations on potential updates/amendments/improvements to the company's regional treasury policies and internal control guidelines.
Ensure compliance with Regional Treasury guidelines and policies.
Contribute to improving and maintaining policies and procedures for adequate controls over treasury functions.
Technical Competencies
Experience within Treasury CoE functions at medium or large companies with international operations.
Experience providing critical input to the senior leadership level and other members of regional Level Management regarding the treasury management of MPG, including actions related to the plan.
Knowledge of internal controls, segregation of duties, and compliance best practices.
Strategic Analytical acumen combined with the ability to find creative solutions.