Treasury Assistant in Grangemouth

We are looking for a Treasury Assistant to join our Cash, Banking & Treasury team. The role responsibilities include but are not limited to cash management, cash forecasting, bank reconciliation, operational payments and receipts, collateral movements, controlling external or internal funding requirements, initiating foreign exchange deals as required, maintaining cash book and cash pool reconciliation to ledgers.

Key Accountabilities

• Preparation and maintenance of very detailed, high value currency cash positions, specifically for Euro, Sterling and US Dollar.
• Daily management of cash-pool, making decisions based on daily activity and cash forecasts updating senior management, CFO’s and Group Treasury as required.
• Identify currency surpluses and deficits and action foreign exchange and investment deals when required.
• Identify funding requirements – liaise with businesses or Group Treasury to agree funding strategy.
• Build cash forecast to show daily cash availability each week for the future 4 week period and prepare variance analysis week on week.
• Completion of daily bank reconciliations, creating database of posting and clearing information and assisting other team members with queries as required.
• Daily export and upload of electronic banking data to SAP, initiate daily electronic banking downloads for UK and Europe.
• Conduct and complete a number of treasury IT processes including running treasury end of day process, and complete actions to ensure all banking items are fully processed and posted, including in-house cash accounts.
• Monthly intercompany settlements – forecast, build monthly report, agree netting, creating payments and settlement of payments.
• Analysis of SAP payment runs to prepare correct levels of prefunding for bank accounts.
• Analysis and evaluation of some banking information including bank charges, including recommendations for improvement and cost efficiencies.
• Support projects and system developments as and when required.

About You

Required:

• HNC/HND in a finance related subject with experience in a similar role or significant experience in an accounting/treasury role in a complex multinational business.
• Good understanding of the principles of sound internal control.
• Previous treasury and/or forecasting experience.
• Pro-active and self-motivating attitude with very good communication and interpersonal skills.
• Ability to work to very tight deadlines.

Desired:

• Previous knowledge of SAP or other ERP system.
• Knowledge of European banking process and procedures.

What We Offer

• 34 days holiday (optional salary sacrifice to purchase up to 5 extra days)
• Benefits Platform – access to discounts on high street stores etc., Discounted Private Medical Insurance, Travel Insurance etc.
• Employee Referral Bonus Opportunity
• Scottish Widows Contributory Pension including employer contributions
• Free On-site Gym
• Employee Assistance Programme
• Enhanced Maternity Leave
• Salary Sacrifice Car and Cycle to Work Scheme
• Ongoing Career Development

Equal Opportunity

As an equal opportunity employer, we encourage diversity and are committed to creating an inclusive environment for all employees. We encourage applicants from all protected characteristics and commit to providing any reasonable adjustments required during application, assessment and on-boarding stages.

Please note the employee referral scheme is only applicable for permanent vacancies. For more information or to discuss any adjustments you may require throughout the recruitment and selection process, please contact opportunities.uk@ineos.com.