Treasury Analyst

Salary 35000-39000

Location AL1 3JX

Published

Not Published

Closing

in X days

This is a Permanent, Full Time vacancy that will close in {x} days at {xx:xx} BST.

The Vacancy

Job Title TREASURY ANALYST

Immediate MANAGER TREASURY MANAGER

JOB PURPOSE

To ensure the accurate and timely execution of all financial payments through the bank, supporting the organization's operational efficiency and financial integrity. This role is critical in maintaining smooth cash flow, safeguarding against errors and fraud, and upholding compliance with internal policies and external regulations. The position serves as a key link between the Treasury team and internal stakeholders, as well as banking partners, ensuring that all transactions are processed with precision and accountability.

MAIN RESPONSIBILITIES

Execute all outgoing payments, including those in foreign currency. This includes:
- Verifying payment requests against supporting documentation
- Maintaining detailed records of all payment transactions, approvals, and supporting documentation
- Accurately entering payments onto banking platforms
- Ensuring payments are appropriately approved through the bank and finalised every day

Ensure all bank accounts are appropriately funded at all times
Ensure compliance with internal financial policies and external regulatory standards
Liaise with internal departments to resolve payment-related queries
Communicate with banking partners to troubleshoot issues and ensure smooth transaction flows
Support month-end and year-end reconciliation processes, including accurately recording bank transactions in prime accounting system
Reconcile bank movements – comparing forecast with actual using various banking platforms
Obtain bank balances from all banking platforms to summarise cash position
Complete bank account administration as and when required
Maintain a list of signatories and employees with access to the bank accounts and levels of approval
Update and distribute daily bank authorisation schedule
Assist in maintaining group Credit Card platform, starters/leavers & dealing with day-to-day queries
Perform other ad hoc duties as required

WORK CONTEXT

The post is based at MFG’s Head office in St. Albans. Additional hours may be required to be worked from time to time, over the contracted working hours, to ensure that the needs of the business are met.

COMMUNICATIONS

The main internal contacts of the post are:

Director, Group Financial Control
Head of Treasury Finance
Treasury Manager
Other members of Accounts Department
Other Head Office Personnel

The main external contacts of the post are:

The Group’s relationship banks

COMPLEXITY

The main sources of complexity are:

To ensure payments are entered accurately
To ensure payments have been appropriately approved in line with Group authorities
Ensuring the required number of signatories are available to approve payments
To co-ordinate workload to achieve complimentary and competing deadlines
To ensure that processes are scalable with the expansion of the business

KNOWLEDGE AND SKILLS REQUIRED

Essential

Ability to manage repetitive tasks with consistency and precision
Excellent organisational skills with the ability to prioritise tasks and to work to deadlines
Ability to develop positive working relationships with colleagues and external contacts
High level of integrity and discretion in handling confidential information
Excellent numeracy skills
A flexible approach to achieving team priorities
Effective communication skills; verbal, electronic and written

Desirable

Analytical and problem-solving skills
A good understanding of online banking systems
Familiarity with account reconciliation techniques
Highly computer literate with excellent working knowledge of Microsoft Office

The Company

MFG is committed to being a great place to work. We are very proud of what we do and are continually striving to be better. At MFG, we encourage our people to take responsibility, embrace change and challenge the norms.

We have a culture of striving to deliver the best service to our customers while also bringing out the best in our people. We recognise the strength of teamwork and we celebrate our successes together. Our people are rewarded well for their efforts, recognising the valuable contribution that everyone makes to our business.

The Benefits

Private Healthcare

Life Insurance

Enhanced Pension Scheme

Employee Assistance Programme

Training & Development

Employee Recognition Scheme

Volunteer Days

Online Discounts

Our People

Nevinda Sanka Silva,
Regional Manager

"Joining MFG has provided me with an exceptional opportunity to contribute to our company’s ambitious expansion plans, as we continue to manage existing MFG sites and integrate new Morrisons fuel stations into our network. At MFG, we are dedicated to delivering exceptional service and a dual-fuel strategy for the future of mobility across the nation."

Vicki Pitcher,
HSE Manager

"MFG has provided me with the opportunity and training to develop in the direction of my chosen career path. I now support the infrastructure team and am working in a more Health and Safety focused role. I have completed the IOSH Managing Safely Course and MFG supported me in completing my NEBOSH qualification."

Maria Eaton,
Finance Director – Finance Operations

"MFG always identifies and rewards great performance. Employees are passionate about the business and the role that they each play in making it a great success."

Nick Perduno,
EV Programme Manager

"MFG has given me a fantastic opportunity to help our ambitious plan of rolling out ‘EV Hubs’ across the country. The company’s successful growth whilst remaining relatively small, in respect of staff numbers, creates a feeling of working for a ‘family business’ and being part of that family."