Treasury Analyst

Treasury Analyst

Windsor/Hybrid

12-18 mth FTC

As the Treasury Analyst you will be a key player in the head office Treasury function. 

Using you understanding and experience in the Group Treasury function you will be part of a global and extensively multinational listed company. 

The successful candidate will report directly to the Group Treasurer, and will provide analytical support and take responsibility for the accurate and timely reporting of all treasury accounting entries. You will monitor daily and report weekly on the Group’s global net debt position, and where controls permit, assist the Group Treasurer with respect to foreign exchange and Money Market transactions.  

Morgan Advanced Materials is a business rich in history and innovation. Founded in the UK in 1856, we have grown into a global organisation with 70 sites in 18 countries. Our model to serve our customers where they need us has led to a diversified product range using our unparalleled expertise in ceramic and carbon materials, which we exploit to solve difficult problems for our customers across a diverse range of markets.

We are a purpose driven organisation. Our purpose is to use advanced materials to make the world more sustainable and to improve the quality of life. We deliver on that purpose through the products that we make, and the way that we make them.

We help our customers push the limits of their processes and products to meet the demanding requirements they face, from higher process temperatures to higher product performance to increasing miniaturisation.

Key Figures: Revenue £1,114.7m (2023), ~8,500 employees, manufacturing in 20+ countries, and a global customer portfolio. A UK PLC with head office located in Windsor, Berkshire UK.  Listed on London Stock Exchange; Member of the FTSE 250 Index.

Responsibilities:

• Timely and accurate reporting of all treasury transactions
• Monitor UK/US/EUR cash pool positions suggesting appropriate borrowing/repayment measures as required for the efficient operation of the pooling structures
• Report on the group’s cash on a global basis, monitoring global cash cycles and producing weekly position summary for the Group Treasurer
• Maintain Group Treasury bank mandates and assist in managing of bank relationships
• Arrange settlements and confirmations for all treasury-related transactions, both intra group and third party
• Ownership of intercompany loan agreements, including monthly review and ongoing amendments, working with Group Tax to ensure relevant treaty approvals are in place
• Contribute to the ongoing upgrade of treasury controls and procedures to ensure best practice across treasury processes.
• Primary ‘ownership’ of the TMS
• Execute foreign exchange and money market transactions
• Keep up to date with technical developments in the treasury field
• Assist the Group Treasurer in repatriating cash from subsidiaries where cash is not centrally pooled
• Manage the Groups transaction hedging and hedge designation process to ensure compliance with IFRS9

Additional tasks:

• Verify the accuracy of 3rd party interest settlements
• Manage intercompany netting process (including settlement of intercompany interest)
• Month end reconciliation process
• Support external audit deliverables
• Ongoing management of online banking users

Qualifications/Experience

• PQ/newly qualified accountant (ACCA, CIMA or ACA) with a strong understanding of controls
• AMCT qualification desirable
• 3 years+ experience within a Finance or Corporate Treasury environment.
• Strong spreadsheet skills and use of finance software

COMPETENCY FRAMEWORK

Technical:

• High accuracy and attention to detail
• Strong numeracy skills
• Understanding of financial markets and products
• Systems competency (ideally an off the shelf corporate treasury system, cash management systems etc.)

Behavioural:

• Ability to work openly and collaboratively
• Well organised and responsive
• Proactive and solutions-focused
• Good interpersonal, communications and presentation skills
• Self-starter with the ability to work under pressure
• Excellent influencing and stakeholder management skills: Resilience and confidence to escalate matters to senior management as required

Morgan Advanced Materials is an EEO/AA/M/W/D/V Employer Ind-1