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Treasury and trade finance analyst

Dublin
Ornua Co-Operative Limited
Finance analyst
Posted: 2 February
Offer description

Overview
Treasury and Trade Finance Analyst works across two core areas of Group Treasury within Ornua – Treasury Operations and Trade Finance.
The role supports Ornua's financial stability by managing liquidity, cash operations, banking relationships and international trade finance instruments.
Location:
Dublin.
Reports To:
Treasury Operations Manager and Group Trade Finance Manager.
Team:
Group Treasury.
Function:
Finance.
Key Areas of Responsibility
Treasury Operations
Daily reporting of Debt, Bank account and Cash pool balances for Group Treasurer and Group Finance Director.
Daily updating of Treasury Management System for FX Rates, Currency positions, maturities etc.
Processing of treasury settlements for FX, Money Market Deals, Factoring and additional non trading payment transactions using TMS / online banking and proprietary payments portal.
Monthly reporting on Factoring balances, Bank Reconciliations, Cash pooling balances, interest calculations and bank interest accruals for submission to Finance Teams.
Supporting wider Group and Divisional Finance Teams for bank related queries on payments, receipts and ad-hoc items.
Bank account administration including updating mandates.
Trade Finance
Working on Documentary Letters of Credit (DLC), negotiating the terms with internal and external parties and seeking amendments where required.
Regular communication with internal parties (Sales Team, Group Supply Chain, etc.) on agreed DLCs for release of the Customer Orders.
Ongoing monitoring of LCs from initial negotiation to final receipt of payment, including assistance with documentary requirements and any discrepancies.
Maintain solid relationships with confirming banks for LCs and negotiate competitive LC fees.
Manage other payment security instruments: Standby LCs, Bank Guarantees, Documentary Collections, Avalised Bills etc.
Track all active payment security instruments ensuring all key parties are aware of the status of same.
Other Areas of Responsibility
Assist in all areas of Treasury, providing support for Group Treasurer and Assistant Group Treasurer with reporting, Project work and any ad-hoc items.
Key Skills / Attributes
Recently qualified Business (or similar) Graduate would be beneficial.
2-3 years of Treasury experience would be beneficial but not essential.
Good team player with strong communication and interpersonal skills.
Commercially astute with strong analytical skills.
Strong attention to detail.
Highly motivated and dynamic – ability to work to deadlines and achieve targets in a time-conscious manner.
Good IT skills, particularly Excel.
Practical and common-sense approach to problem solving, and the ability to demonstrate creative solutions.
Customer Focus:
Advocates for the customer, balances customer and business needs, and spots opportunities for growth.
Forward-Looking:
Helps others to accept change, implements change, and looks ahead to anticipate change.
Curious:
Open to asking questions and willing to learn and continuously improve.
Working Together:
Encourages co-operation in own team and supports cross-functional working.
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