Treasury Analyst

FirstGroup are seeking a Part Time Treasury analyst to join the team, initially 3 months with the potential to be extended, flexible/ Hybrid/ Home working available, depending on Location.

Reports to: Senior Treasury Analyst

Department: Group Treasury

Hours:12.5/week (9.00-11.30 am daily)

Main Purpose

• Managing short and medium term liquidity of the group through accurate cash flow forecasting, placing of deposits for Group and Rail franchises, and utilisation of borrowing facilities where required
• Maintaining accurate information on the treasury management system and excel schedules of transactions undertaken.
• Ensure compliance with Treasury Policies and operating procedures across the Group.

Main Duties

• Daily consolidation and management of Group cash position to minimise interest cost and free cash balances while ensuring available liquidity for critical transactions. Includes placement of deposits for Group and Rail, utilisation of borrowing facilities where required and executing any approved short term FX transactions.
• Support cash forecasting process by consolidating the 13 week submissions from Bus, Rail and Group and planning appropriate actions in conjunction with the Senior Treasury Analyst to manage cashflow fluctuations.
• Calculation of monthly plc interest charge in conjunction with plc accountant. Payment of interest and fees as they fall due via online banking systems. Reconciling fees to bank facility terms and agreed charges for issued levels of LCs/Bonds.
• Review and settlement of maturing fuel and fx hedges.
• Support the Senior Treasury Analyst in completing paperwork and KYC requests for opening new bus, group and rail bank accounts. Arranging closure of bank accounts where appropriate in line with Treasury policies.
• Assisting in responding to audit queries when necessary
• Provide cover for Senior Treasury Analyst for holidays/sick leave etc.

Other Responsibilities

• Ensure the promotion and execution of Be Safe principles across the team.
• Assist with a planned upgrade of the Treasury Management System and ensure all data within the system is accurate.
• Ensure compliance with Treasury policy and delegated authorities and procedures.
• Participate in performance appraisal and continued development programs.

Company Responsibilities:

• To comply with all Group Injury Prevention policies and support new initiatives.
• To possess a comprehensive knowledge of the group’s business strategy and objectives.
• To establish and maintain effective working relationships with all board members and colleagues.

Skills, Experience and Qualifications Required:

• Good communication skills
• Numerate
• Knowledge of Treasury / Cashflow management processes.
• Experience with Microsoft office, specifically excel.
• Graduate with 2:1 degree or part qualified accountant

Performance Measures:

• Minimising Surplus cash balances / Managing Debt to minimise interest charge
• Maintaining appropriate short term liquidity levels
• Accurate records maintained of all Treasury transactions undertaken

Interested? Click Apply!