Verified Job
Accounting - Finance
Bank Infrastructure Associate
Accounting - Finance
#320782
Remote / WFH
Job Description
You will act as the Treasury Associate, responsible for the daily Treasury Settlements for the Group Treasury liquidity and funding operations, encompassing a yearly volume of settlements of approx. USD 500 billion.
You will support the Global Cash Management teams in providing the best-in-class finance services based on the requirements from Group Treasury and Risk operations. This will include:
• Ensure timely and accurate settlement of Treasury related payments via the TMS (Treasury Management System, Findur) or manually via our core Relationship Banks online platform, safeguarding the company’s money until it has reached the counterparty.
• Manage the daily manual cash pooling sweeps to ensure all applicable excess or negative balances are transferred to the respective accounts.
• As the TMS is defined as the Groups Master Data holder, you will be responsible for ensuring that all Master Data relating to our core Relationship Trading Banks are maintained within the Groups Governance Framework.
• Manage the Groups Treasury’s Bank Fee monitoring platform, (TIPCO), to obtain true visibility and governance over the fees incurred from our core Relationship Banks.
• Support all Group M&A and Group Growth on all closing transfers relating to acquisitions and investment initiatives.
• Assist Bank Infrastructure Team with e-Banking administration tasks.
Preparation of all settlement related internal and external audit controls
You will support the Global Cash Management teams in providing the best-in-class finance services based on the requirements from Group Treasury and Risk operations. This will include:
• Ensure timely and accurate settlement of Treasury related payments via the TMS (Treasury Management System, Findur) or manually via our core Relationship Banks online platform, safeguarding the company’s money until it has reached the counterparty.
• Manage the daily manual cash pooling sweeps to ensure all applicable excess or negative balances are transferred to the respective accounts.
• As the TMS is defined as the Groups Master Data holder, you will be responsible for ensuring that all Master Data relating to our core Relationship Trading Banks are maintained within the Groups Governance Framework.
• Manage the Groups Treasury’s Bank Fee monitoring platform, (TIPCO), to obtain true visibility and governance over the fees incurred from our core Relationship Banks.
• Support all Group M&A and Group Growth on all closing transfers relating to acquisitions and investment initiatives.
• Assist Bank Infrastructure Team with e-Banking administration tasks.
Preparation of all settlement related internal and external audit controls
