Treasury Analyst

Treasury Analyst

Cramlington Full-Time 36000 - 60000 £ / year (est.) No home office possible
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Enerpac Tool Group

At a Glance

  • Tasks: Manage daily cash positioning, foreign exchange activities, and financial reporting.
  • Company: Enerpac is committed to inclusivity and innovation in a diverse workplace.
  • Benefits: Enjoy a collaborative culture with opportunities for growth and development.
  • Other info: Experience with HFM or Oracle systems is a plus.
  • Why this job: Join a small global team and make an impact in treasury operations.
  • Qualifications: Part qualified accountant with strong analytical and Excel skills preferred.

The predicted salary is between 36000 - 60000 £ per year.

Overview

Here at Enerpac, we are on a journey. We’re building a culture that celebrates the diverse make up of our business. A culture where inclusiveness is more than just an initiative. Somewhere we all feel accepted, valued, and equal.

Your unique perspectives, experiences and backgrounds hold the key to unlocking solutions that drive our business forward. Enabling us to continue to develop innovative new products that work under the most challenging conditions anywhere in the world.

To unleash the power of diversity within our business we will continuously seek out new ways to empower teams to realise their full potential. Removing barriers to inclusion and championing a better workplace for us all.

Summary

The Treasury Analyst is responsible for daily cash positioning and foreign exchange back-office activities, including borrowing and debt repayment, wire transfers, FX confirmations and settlement, and monthly financial reporting. As a key member of a small global Treasury Department team, the Treasury Analyst will be expected to participate in various Treasury activities, perform a wide range of financial analyses, and help support the banking needs of our controller/finance colleagues globally.

Job Duties and Responsibilities:

  • Daily cash positioning, including: worldwide cash balance reporting and reconciling, short-term borrowing or debt repayment, ad hoc wire payments, and cash forecasting;
  • Manage monthly intercompany netting process and settlement;
  • Reconcile the Foreign Local accounts on a monthly basis
  • Prepare twice monthly cash transaction file for general ledger posting;
  • Perform user and data maintenance in treasury management systems and banking platforms;
  • Review, confirm, and settle foreign exchange hedging trades and complete the reconciliation of systems;
  • Prepare and analyze monthly and quarterly financial reports for management of various items, including: cash, debt, share buybacks, bank fees, interest expense, and cash flow;
  • Liaise between external banks and internal business customers to address bank compliance needs and to support commercial requests for banking services such as opening/closing bank accounts, and letters of credit and bank guarantees;
  • Ensure compliance with internal controls in day-to-day conduct, maintain inventory of bank accounts and users, and support audit requests;
  • Cross-train and provide periodic backup for selected Travel & Expense tasks;
  • Manage the Treasury email address, dealing with template approvals, wire request and ad hoc queries.
  • Perform other duties as assigned.
  • Skills and Competencies

  • Strong analytical and troubleshooting skills
  • Excellent verbal and written communication skills
  • Organizational and project management skills and ability to handle multiple projects and deadlines simultaneously
  • Detail-oriented
  • Customer-focus and continuous-improvement mindset
  • Education and Experience

  • You will ideally be at least a part qualified accountant (ACA, ACCA, CIMA or ACT) with an interest or experience in treasury
  • Any experience working in a treasury role or similar is advantageous.
  • You’ll need advanced Excel skills and be confident in building up relationships at all levels, with strong communication and collaboration skills.
  • You will be able to demonstrate exceptional analytical abilities and the capability to work on your own initiative to drive results and improvements
  • Experience with HFM and/or Oracle systems preferred.
  • The above statements reflect the general details necessary to describe the primary functions of the job described and shall not be construed as a detailed description of all the work requirements that may be inherent in the job.

    Treasury Analyst employer: Enerpac Tool Group

    At Enerpac, we pride ourselves on fostering a vibrant and inclusive work culture that values diversity and empowers our employees to thrive. As a Treasury Analyst, you will not only engage in critical financial operations but also benefit from continuous professional development opportunities within a supportive global team. Located in a dynamic environment, we offer competitive benefits and a commitment to employee well-being, making Enerpac an exceptional place to build a meaningful career.
    Enerpac Tool Group

    Contact Detail:

    Enerpac Tool Group Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Treasury Analyst

    ✨Tip Number 1

    Familiarise yourself with the key responsibilities of a Treasury Analyst, especially daily cash positioning and foreign exchange activities. Understanding these tasks will help you speak confidently about your relevant experience during interviews.

    ✨Tip Number 2

    Network with professionals in the treasury field, particularly those who work at Enerpac or similar companies. Engaging with them on platforms like LinkedIn can provide insights into the company culture and expectations for the role.

    ✨Tip Number 3

    Brush up on your Excel skills, as advanced proficiency is crucial for this role. Consider taking online courses or tutorials that focus on financial modelling and data analysis to enhance your capabilities.

    ✨Tip Number 4

    Prepare to discuss your analytical skills and any relevant experience in treasury or finance during the interview. Be ready to provide examples of how you've used these skills to drive results or improvements in previous roles.

    We think you need these skills to ace Treasury Analyst

    Analytical Skills
    Attention to Detail
    Advanced Excel Skills
    Financial Analysis
    Cash Management
    Foreign Exchange Knowledge
    Project Management
    Communication Skills
    Organisational Skills
    Problem-Solving Skills
    Customer Focus
    Continuous Improvement Mindset
    Experience with HFM and/or Oracle Systems
    Ability to Work Independently
    Collaboration Skills

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Treasury Analyst role. Emphasise your analytical abilities, Excel proficiency, and any treasury-related experience.

    Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the company's culture and values. Mention how your unique background can contribute to their diverse team and support their treasury activities.

    Highlight Relevant Skills: In your application, specifically mention your organisational skills, attention to detail, and ability to manage multiple projects. These are crucial for the Treasury Analyst position.

    Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A polished application reflects your attention to detail and professionalism, which is essential for this role.

    How to prepare for a job interview at Enerpac Tool Group

    ✨Showcase Your Analytical Skills

    As a Treasury Analyst, strong analytical abilities are crucial. Be prepared to discuss specific examples of how you've used your analytical skills in previous roles, particularly in cash management or financial reporting.

    ✨Demonstrate Your Excel Proficiency

    Since advanced Excel skills are essential for this role, consider bringing examples of complex spreadsheets or analyses you've created. You might even want to mention any specific functions or tools you are proficient in.

    ✨Highlight Your Communication Skills

    Effective communication is key in liaising with banks and internal teams. Prepare to share instances where your communication skills helped resolve issues or improve processes, showcasing your ability to build relationships at all levels.

    ✨Understand the Company Culture

    Enerpac values diversity and inclusiveness. Research their culture and be ready to discuss how your unique background and experiences can contribute to their mission of fostering an inclusive workplace.

    Treasury Analyst
    Enerpac Tool Group
    Location: Cramlington
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