Rutherford Cross is delighted to have been engaged to conduct a search for a Treasury Assistant to join an exciting global organisation in Glasgow.  Our client is a dynamic and innovative company with a forward-thinking approach.  The treasury function has an excellent opportunity for a Treasury Assistant to work with an impressive team of treasury professionals, reporting to the Group Treasurer and Director of Risk.

This is a key role in the treasury team.  The Treasury function’s primary accountabilities are ensuring the availability of funds in appropriate currencies to meet the organisations day-to-day commitments, managing the investments and borrowings to minimise the cost of debt and protecting the company from adverse movements in foreign exchange and interest rates.  Working closely with the business, the team assists with the implementation of processes to manage exposures to market risks.

Key responsibilities will include:

• Daily cash management - reporting cash positions within UK banking arrangements, including variance analysis, financial market transaction settlements, inter-company cash transactions and the administration of electronic banking systems.
• Management of the daily maturity diary and foreign exchange rates, matching of transaction confirmations and status reporting.
• Recording intercompany loan transactions
• Cash forecasting for entities managed by Group Treasury
• Consolidation of weekly cash flow forecasts from subsidiary companies, variance analysis and reporting of key differences.
• Identification of surplus cash around the Group and arrangement for repatriation of funds to Group Treasury
• Reconciliation and reporting - preparation of month-end management reporting data including transaction valuation and bank performance reports

The successful candidate will have relevant experience in a corporate treasury, finance function or financial services.  You will have proven experience working with electronic banking systems and payment processes and a strong working knowledge of treasury management systems.

To discuss in confidence please contact [email protected] or call 0131 603 8111 or 07494 280 152.