At a Glance
- Tasks: Support accounts receivable and treasury functions with financial analysis and reporting.
- Company: Join Sotheby’s, a prestigious art and luxury auction house with a rich history.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Fast-paced environment with a focus on teamwork and process improvement.
- Why this job: Make an impact in the world of art finance while developing your analytical skills.
- Qualifications: Bachelor’s degree in finance or accounting; advanced Excel skills required.
The predicted salary is between 35000 - 45000 € per year.
ABOUT SOTHEBY'S Established in 1744, Sotheby’s promotes access and ownership of exceptional art and luxury objects through auctions, private sales and retail. Our deep expertise across 70 selling categories is supported by a leading technology platform and a global network of specialists spanning 40 countries. Selling categories include Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits and Design, as well as collectible cars and real estate through RM Sotheby’s and Concierge. Sotheby’s Financial Services is a leading art lender and provides capital solutions for collectors around the world, having originated more than $12 billion in loans since its inception.
THE ROLE As a Treasury Analyst within the Sotheby’s Treasury team, you will support the accounts receivable and treasury functions with detailed reporting and financial analysis. The Treasury Analyst will prepare routine journal entries relating to accounts receivable and financing activities, as well as contribute to the preparation of balance sheet reconciliations for review. Additionally, this role will support the daily treasury operations. This role requires a strong understanding of accounting, cash flows, and data management. The ideal candidate can think analytically, autonomously, and has advanced Excel skills.
RESPONSIBILITIES
- Daily incoming cash reconciliations, reporting and analysis of accounts receivable data, activity, roll forwards and ageing
- In conjunction with a third party, produce regular borrowing base reports for the review and approval
- Liaising with the accounts receivable team to support with cash application, invoicing requirements and cashflow movement
- Prepare and record monthly journal entries in relation to financing transactions
- Collate and consolidate client payment data to support cashflow management
- Responsibility for some treasury month end tasks like FX rates report, market data feeds, bank reconciliations
- Support the treasury manager on the multiple corporate cards’ programs
- Support daily treasury operations around intra-group funding and payment release
- Make recommendations for process improvements, automation, reporting and analysis
- Support audit activities and help ensure timely delivery of required documentation
IDEAL EXPERIENCE & COMPETENCIES
- Bachelor’s degree in accounting, finance or similar
- Excellent communicator and team player
- Detail-oriented, highly organized, and able to meet deadlines in a fast-paced environment
- 1+ years of accounting or finance experience
- Advanced Excel skills and proficiency in other core applications
- Prior knowledge and experience in SAP a plus
Treasury Analyst in London employer: the company
Sotheby’s is an exceptional employer, offering a dynamic work environment in the heart of New York City at our new global headquarters. With a strong emphasis on employee growth and development, we provide opportunities for professional advancement within a collaborative culture that values innovation and excellence. As part of our Treasury team, you will engage in meaningful financial analysis while being supported by a diverse group of specialists dedicated to promoting access to extraordinary art and luxury objects.
StudySmarter Expert Advice🤫
We think this is how you could land Treasury Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Treasury Analyst role.
✨Tip Number 2
Prepare for interviews by researching Sotheby’s and understanding their financial services. We want you to show off your knowledge about their operations and how you can contribute to their treasury functions. Be ready to discuss your analytical skills and Excel prowess!
✨Tip Number 3
Practice makes perfect! Mock interviews with friends or mentors can help you refine your answers and boost your confidence. We suggest focusing on your experience with cash flows and data management, as these are key for the Treasury Analyst position.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us. Good luck!
We think you need these skills to ace Treasury Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Treasury Analyst role. Highlight your accounting and finance experience, especially any advanced Excel skills you have. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:Since this role requires strong analytical thinking, make sure to include examples of how you've used these skills in past roles. Whether it's through financial analysis or data management, we want to see your thought process!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at the company
✨Know Your Numbers
As a Treasury Analyst, you'll be dealing with financial data daily. Brush up on your accounting principles and be ready to discuss how you’ve used Excel for financial analysis in past roles. Prepare examples of how you've managed cash flows or reconciled accounts.
✨Showcase Your Analytical Skills
This role requires strong analytical thinking. Be prepared to explain how you approach problem-solving, especially in relation to financial reporting and data management. Think of specific instances where your analytical skills made a difference in your previous work.
✨Familiarise Yourself with Treasury Operations
Understanding treasury functions is key. Research common treasury operations and be ready to discuss how you would handle daily tasks like cash reconciliations and journal entries. Mention any experience you have with corporate cards or intra-group funding.
✨Ask Insightful Questions
Interviews are a two-way street! Prepare thoughtful questions about Sotheby’s treasury processes, team dynamics, or future projects. This shows your genuine interest in the role and helps you assess if it’s the right fit for you.
