Treasury Operations Analyst

Job description

At ABP we aim to hire the brightest and the best.

People who are aligned with our values and are passionate about our industry.

We are committed to developing our people, whether it be upskilling our employees across a diverse range of skills through our onsite training programs or nurturing the next generation of leaders through our graduate program.

No matter what stage of their career our people are at, we empower them to take ownership of their roles. 

ABP is one of Europe's leading privately owned agribusiness companies and is the largest beef processor in Ireland and the UK.

The company also operates substantial renewable (Olleco), pet food (C&D), and protein divisions.

ABP and its affiliates employ over 14,000 people and have over 50 manufacturing plants operating across nine countries.

For more information, visit www.abpfoodgroup.com.

ABP Food Group is seeking to recruit a Treasury Operations Analyst to join the Group Treasury team.

This role offers an exciting opportunity for an ambitious and dynamic individual to join ABP Food Group during a time of growth.

The Treasury Operations Analyst will support the Treasurer in delivering the financing strategy of the Group, liquidity management, and interest rate and foreign exchange exposure management.

The Treasury Operations Analyst will support FX confirmation, netting and settlement, payments, bank reconciliation, intra-group financing, month end reconciliations, process/procedure improvement and bank relationship management.

The role will involve significant contact with divisional finance teams and adherence to treasury policies.

Strong technical skills and understanding of treasury risk management is essential.

The ideal candidate will demonstrate a solutions-focused can-do attitude and drive to succeed; to operate effectively as part of a small, dedicated treasury team across a highly international and diverse business.

KEY RELATIONSHIPS

        Reports to ABP Food Group's Treasurer

        Works as part of a small Treasury team

Other key relationships:

        Group Chief Financial Officer

        Group Finance team

        Divisional Finance teams

        Counterparty Banks and funding providers

KEY RESPONSIBILITIES

        Bank administration including all required updates to electronic banking portals to add new accounts, maintain account groups, set up new users, address any access issues that may arise, set up users on SEPA profiles, etc.

Maintain and update bank mandates as required.

        Complete new account onboarding requirements.

        Execute day-to-day treasury transactions, including payments/transfers.

        Initiate any required manual payments on the banking portals and follow up with authorisers to ensure payments are approved in advance of payment cut-off times.

        Record all required transactions on Salmon/ Treasury Management System (TMS) including funds transfers and any adjustments to forward contracts (e.g. to reflect receipt of currency funds).

        Bank reconciliations of all Treasury/Finance bank accounts ensuring all transactions are recorded on Salmon.

        Key all static data additions/updates as required on Salmon.

        Support all systems implementation, including testing any changes in test environment, recommending any changes needed and working to deliver any required change within agreed timelines.

        Confirm all FX and deposit trades with bank counterparties on the day of the trade, ensuring trade detail matches what is recorded on Salmon.

        Agree all FX netting values with bank counterparties.

        Liaise with financial controllers to complete month end reconciliation of Salmon / Treasury month end cash position per bank accounts and Solver Cash at Bank position.

        Management of treasury risks and operation of controls in accordance with Group Treasury policy.

        Develop and maintain treasury procedures in accordance with the Group Treasury Policy,

        Support the management of key banking relationships, following up as required to ensure ABP requests are dealt with in a timely manner.

        Leverage the treasury management system to improve the quality and timeliness of management information reporting.

        Weekly and monthly treasury reporting.

        Provide treasury support for ad hoc projects and activities.

IDEAL CANDIDATE

        Bachelor's degree in finance, accounting, business or finance;

        Prior experience working in a corporate treasury function for a large complex business;

        Excellent analytical and quantitative skills with a keen attention for detail;

        Holding a recognised accountancy or treasury qualification is an advantage;

        Strong communication and interpersonal skills to effectively engage with finance teams across the ABP Food Group;

        Demonstrate a high degree of initiative, be a self-starter and highly organised.

        Experience with a recognised Treasury Management System, Microsoft Excel, Word and PowerPoint is essential.

        Exemplifies the ABP values of Integrity, Customer Focus and Service.

Required Skill Profession

Financial Specialists