Treasury Assistant

As a Treasury Assistant you will review and track cash flow positions and correctly record all treasury transactions in our Finance Shared Services department on a hybrid working basis (50% from the office and 50% from home)

Join us at Greene King the country's leading pub company and brewer, where our mission is to pour happiness into lives and become the pride of great British hospitality. We have something special, deeply rooted in our 220-year brewing and pub history, creating the business we are proudly known for today. Still today our 39,000 strong team are the guardians of what’s wholly British, the pub experience. 

We’re all about rewarding our team’s hard work, that’s why…

You’ll receive a competitive salary, pension contribution as well as:

• The chance to further your career across our well-known brands – as one of the industry's top apprenticeship providers, we can provide training and development at each level of your career. 
• Discount of 33% for you and 15% for your loved ones on all of our brands – so you enjoy your favourite food and drink at a discount.
• Free employee assistance program – mental health, well-being, financial, and legal support because you matter!
• Discount of 50% for you and 25% for your loved ones at our Greene King Inns and hotels. – so you can enjoy a weekend away without breaking the bank.
• Refer a friend – who do you know who could be interested in a new role? When they are placed, you could receive £1,500 for referring them!
• Wagestream – access your wage before payday for when life happens.
• Retail discounts – Receive up to 30% off at Superdrug, exclusive discounts with three mobile along with many more…

Your role as a Treasury Assistant:

Daily Cash

• Review and track cash flow positions by account, pool and debt platform to ensure that sufficient funds are available to meet ongoing operational requirements and are managed within approved limits.
• Anticipate any potential breaches to covenants or overdraft limits and ensure mitigated and controlled
• Arrange internal transfers, deposit of surplus funds and request debt drawdown as required.
• Correctly record all treasury transactions in treasury management software (TMS) including cash receipts, payments, transfers, deposits, loan drawdowns and fx deals.

Cash Forecasting

Support the Treasury Team Leader to provide variance analysis, investigate and work with various teams to drive cash conscious culture and continuous improvement of cash and net debt forecasting.

• Support the Treasury Team Leader to reconcile and investigate variances to forecast cash flow in order to constantly improve the accuracy of forecasting and anticipate impacts on working capital restrictions.
• Analyse and propose loan and facility requirements for short term funding
• Develop TMS reporting capability to meet the needs of the business to accurately report and forecast cash balances
• Support the Treasury Manager in calculating forecast and budget cashflow

Foreign Exchange

• Record accurately in TMS any foreign exchange deals.
• Monitor foreign currency cash requirements and support the Treasury Team Leader to enable accurate forecasting to calculate foreign exchange deals

Payments

• Check all payment requests by 3rd parties for Treasury transactions match against documentation.
• Set up and process all Treasury payments, internal and external.
• Accurately prepare all loan / deposit related payments, supporting documentation and seek appropriate signatures.
• Draft Debt payment management (including quarterly payments and reporting) for review of the Treasury Team Leader

Other

• Prepare and deliver treasury reports (cash balances, cash projections, periodic debt reporting) for period end.
• Assist with project assignments and financial reporting as required.
• Assist the Treasury Manager/Team Leader with maintenance of electronic banking systems
• Input accurately to TMS all “static” data of bonds, swaps, debt facilities and counterparty data
• Assist in driving improvements in cash management and ensure processes are in line with policies and procedures.
• Liaising with P2P, Cashiers, R2R and Management across the organisation as necessary.

What you’ll bring…  

• An advanced user of Excel along with working knowledge of MS Word, Excel, Outlook, and PowerPoint
• Ideally experience of working in the treasury/cash management function in a large UK corporate business however we would consider applications from those seeking an entrance to this field.
• Knowledge of the hospitality industry
• Understanding of treasury markets & products – including transactional banking, management of cash & liquidity, FX, corporate bonds and Interest Rate Swaps (desirable but not essential)
• Experience with cash flow forecasting
• Experience of using treasury management systems (desirable however not essential)
• Understanding of financial markets, financial instruments and debt instruments
• Must work to a high degree of accuracy to enable financial processes and procedures to be followed
• A proactive, inquisitive and tenacious nature
• Ability to analyse data, identify abnormalities and investigate causes
• Ability to work autonomously or part of the broader team
• Excellent oral and written communication skills, along with the ability to communicate and negotiate with a variety of internal and external constituencies.
• Excellent time management and organisational ability
• Highly flexible and adaptable to business change
• Taking ownership of outputs and problems through to resolution
• Ability to build good working relationships with colleagues and customers at all levels

#LI-RS1