Treasurer / Treasury Analyst

Treasurer / Treasury Analyst Location: London, UK (Office based) Duration of Contract: 12 months (renewable) Work Schedule: Monday - Friday (Full time) Department: Finance & Control Start Date: ASAP Recruiter: Mariana Cortez Key Words: Document Control Systems (DCS), Corporate Finance, Budgeting, SAP. Our Company Airswift takes pride in being an international workforce solutions provider. With 9,000 contractors operating in over 70 countries, Airswift's geographical reach, experience and expertise across the oil and gas, energy, mining, infrastructure and technology sectors is unparalleled. We are seeking a committed Treasurer / Treasury Analyst to work in London, UK, in a 12-month contract with the possibility of extension. Job Description The Treasurer/Treasury Analyst will play a vital supporting role in managing the company's financial resources, assisting with all aspects of project finance such as financing, hedging activities, and cash management. This position requires a keen eye for detail and strong organizational skills to support the Treasury Manager in ensuring financial soundness, compliance with covenants, and effective cash management. Additionally, the role will involve identifying opportunities to improve operational efficiency, streamline treasury processes, and mitigate operational risks to enhance overall financial performance. Project Financing Debt and Equity Drawdowns: Assist in processing and tracking drawdowns of debt and equity financing, ensuring funds are received and allocated correctly. Calculation and Payment of Interest: Track calculation of interest expenses on loans and ensure timely payment in accordance with financing agreements. Loan Repayment Scheduling: Maintaining records of loan amortization schedules and ensure repayments are processed accurately. Covenant Compliance Monitoring: Assist in tracking financial covenants and reporting requirements to ensure adherence to lender agreements. Financial Reporting & Forecasting: Support treasury reporting, including liquidity forecasts and financial risk assessments. Internal Reporting: Assist on the preparation of monthly treasury reports to senior management, providing insights into current and forecasted loan and equity positions, hedging strategies, cash movements and potential deviations from initial forecast/model. Risk Management Hedging execution: Support the monitoring and execution of hedging related to interest rate and FX risk, ensuring hedging book is in line with financial covenants. Trade confirmations: Support the timely confirmation and settlement of hedging transactions with counterparties, reconciling positions to optimize financial risk management strategies. Risk assessment: Help create a policy with broader treasury risk principles such as credit risk, counterparty exposure assessment, etc. Liquidity and Cash Management Debt, Equity and Debt Service Management: Assist in calibrating debt equity and debt drawdowns, interest payments and repayments to ensure short-term compliance with financial covenants and cash flow stability. Cash Flow Reconciliation: Lead the cash reconciliation process on a daily-basis, comparing it and tracking variations to the short-term forecast, factoring variances within the future financing needs of the company. Cash Flow Forecast: Support and take ownership of a monthly rolling short-term forecast, considering Capex, Financing, taxes and other variables. Scenario analysis: Help conducting scenario analysis and stress testing on liquidity forecasts to assess the impact of potential financial fluctuations and financing needs. Managing bank accounts: Main person for bank account management and relationship with account bank. Account Entries' posting: Responsible for SAP posting of all cash movements, ensuring general ledgers are reconciled with account movements. Monthly Reconciliation reports: Help prepare monthly reconciliation reports between SAP and bank accounts. Financial Reporting and Compliance Reporting Treasury activities: Assist in generating accurate and timely reporting of treasury activities, including project financing, hedging, and debt management, in compliance with relevant accounting standards and regulatory requirements. Cross finance collaboration: Collaborate with the accounting and reporting teams to integrate treasury activities into financial statements and reports. Compliance: Ensure compliance with internal controls, policies, and procedures related to treasury operations. Automation Initiatives Identify opportunities for automation within treasury operations, including streamlining payment workflows, hedge settlements, and reconciliation processes through STP tools or Treasury Management Systems. Decision Support Financial planning and analysis: Assist in gathering and manipulating data for critical decision making, particularly in relation to capital structure, financing strategies, and risk management. Strategic support: Support M&A activities, including due diligence, financial modelling, and the evaluation of financing options. Main Accountabilities and Responsibilities Active mind in supporting the creation and definition of processes for a newly created treasury function. Efficiencies and operational risk mitigation are key. Assist and own the execution of debt instruments, hedging and its related cash management. Assist on the calculation of all debt covenants and help managing refinancing processes as necessary. Help in the timely submission of reporting to lenders required under the project financing agreements. Help creating and managing a rolling short-term forecast. Lead cash reconciliation, ensuring any variance is tracked and its impact monitored. Support relationship building with banking group and other stakeholders. Help expanding company's capabilities for Foreign Exchange. Assist on the preparation of regular and ad-hoc financial reports required by corporate head office, management and outside agencies. Prepare all payments (cheque, bank transfer and BACS) in banking platform for treasury manager's approval. Help setting and improving automation of payments, hedging settlements, etc. Assist in the creation of the hedging policy. Support monitoring the hedge book, ensuring the hedges are in line with company's exposures and financial covenants. Help developing and maintaining appropriate computer systems to control and monitor the operations of the Treasury Section. Maintain safe custody of all Financial Agreements and related documents. Assist the Treasury Manager with the monthly reconciliation of specified general ledger accounts under the control of the Treasury Section and prepare Month End Schedules for incorporation in the Group Accounts Package. Support producing monthly treasury reports for senior management. Ensure adherence to the Company's Health, Safety & Environment policies, procedures and standards. Fully comply with Company's Code of Ethics and Compliance Model. Personal Development Promote an environment of excellence and continuous development. Opportunity to help develop an independent treasury function from the ground up. Challenged to propose and take ownership of processes and relationships. Working in collaboration with broader finance team, providing input and helping where possible. Strive to look for efficiencies to reduce operational risk and operational burden. Education & Professional Qualifications University degree in Accounting, Economics, Business Management or equivalent. ACT (Association of Corporate Treasurers) or equivalent, working towards or qualified. Proficiency in economic modelling with excellent knowledge of MS office package, particularly Excel and Power Point. At least 3+ years of experience in Corporate Treasury, Corporate Finance, or sell side activities related to treasury/markets. Experiences and Technical Competencies Good understanding of derivatives instruments, money markets and foreign exchange. Previous experience with Project Finance is desirable. Excellent knowledge of Microsoft Excel, Word and Power Point. Experience in digital financing platforms, treasury automation tools, or AI basis financial analysis is desirable. Previous experience working with TMS and SAP. Experience in multi-bank platforms such as FXAll, 360T, Bloomberg, Reuters is desirable. Excellent written and verbal communication skills (English is mandatory, any other language as a plus). Behavioral Competencies Demonstrated behavioral competencies in accordance with Company's Model of Excellence: Human Focus. Thought - Action - Relationship - Person Flexible and adaptable Strong communication skills and ability to liaise with all involved stakeholders keeping good interpersonal relationships; proper understanding of ethics and protocol to be adopted at different functions. Diligence, openness, honesty and commitment. Good negotiating skills, decision making ability and problem solving. Working Conditions Based in London but available to travel within UK and internationally (mainly the Head Office in Milan) as required. The role may require occasional overtime or adjusted working hours to meet business needs, project deadlines, or accommodate specific operational requirements. The next step We have an exceptional team in place, and we are pleased to be able to appoint a further person to our growing business. We are aware that you may not 'tick all the boxes', but if you believe you can genuinely offer some valuable skills and experience to our business, please in the first instance contact our recruitment partner Airswift. For further information please apply with your updated CV or email Mariana Cortez at mariana.cortez@airswift.com #LI-MC1 #J-18808-Ljbffr