Job Title: Treasury Officer Location: [London, United Kingdom] Department: Finance & Treasury Reports To: Head of Finance About Us: We are a dynamic and fast-growing company specializing in remittance and cross-border financial services.
Our mission is to provide competitive, transparent, and reliable solutions to our customers, empowering them to send money securely and efficiently worldwide.
As we expand into the Asian market, we are particularly interested in candidates with experience in or a strong understanding of the Asian/Indian market to help deepen our presence and engagement in this key region.
Key Responsibilities: 1.
Treasury Management: • Oversee daily treasury activities, ensuring sufficient cash flow to meet operational needs and compliance with internal policies.
• Track and monitor cash flows, maintain liquidity, and make recommendations for optimizing cash resources.
• Conduct regular reconciliations of treasury accounts to ensure accuracy and timely reporting.
2.
Bank and Partner Engagements: • Manage and nurture relationships with banking partners, negotiating terms and services to benefit the companys financial position.
• Regularly communicate with payout partners, securing favorable exchange rates and managing the terms of financial transactions.
• Act as the main point of contact for banking issues, inquiries, and strategic discussions.
3.
Rate Setting and Analysis: • Research, analyze, and set competitive exchange rates for customers based on market trends and partner rates.
• Monitor fluctuations in foreign exchange markets to ensure optimal customer rates and profitability.
• Provide insights and recommendations on rate-setting strategies to maintain a competitive edge in the market.
4.
Settlements and Reconciliation: • Manage settlement processes with payout partners, ensuring accurate and timely settlements across all operational markets.
• Work closely with internal teams to reconcile partner transactions, troubleshoot discrepancies, and oversee settlement timelines.
• Prepare and analyze settlement reports, providing insights for financial decision-making.
5.
General Accounting & Statutory Compliance: • Handle general accounting responsibilities, including journal entries, financial reporting, and reconciliations.
• Prepare and submit statutory filings with HMRC and Companies House, ensuring compliance with UK regulations.
• Support the finance team with month-end close processes, including preparation of financial statements and management reports.
• Assist with audits and ensure adherence to regulatory requirements, including tax filings and financial disclosures.
Qualifications & Skills: • Education : Bachelor's degree in Finance, Accounting, Economics, or a related field.
A professional qualification (e.g., ACA, ACCA, CIMA) is a plus.
• Experience : 3 years of experience in treasury, financial services, or accounting, with a focus on treasury and bank relationship management.
• Technical Skills : o Accounting Software : Proficiency in accounting software (e.g., QuickBooks) and Microsoft Excel for financial modeling and analysis.
o Statutory Compliance : Knowledge of UK statutory requirements, including HMRC and Companies House filings, is essential.
o FX and Rate Setting : Understanding of FX rates, market dynamics, and competitive rate setting.
Personal Attributes: • Analytical Mindset : Strong analytical skills with the ability to interpret financial data, identify trends, and make informed decisions.
• Attention to Detail : High accuracy and attention to detail, particularly in managing financial transactions and settlements.
• Strong Negotiator : Ability to secure favorable terms with banks and partners, ensuring cost-effectiveness and maintaining strong relationships.
• Organized and Proactive : Capable of managing multiple priorities, meeting deadlines, and driving continuous process improvements.
• Effective Communicator : Excellent written and verbal communication skills, with the ability to build relationships across internal teams and external partners.
Additional Notes: We welcome applicants from all backgrounds but we are particularly interested in candidates with an Asian or Indian background.