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Treasury accounting analyst

Ipswich
WTW
Analyst
Posted: 23 February
Offer description

About Us

WTW is an award-winning advisory, broking, and solutions company that supports clients worldwide in transforming risk into opportunities for growth. With a rich insurance heritage dating back to 1828, from the Titanic in 1912 to the Moon Buggy in 1971, WTW brings deep industry expertise and longstanding experience. Our WTW Regional Delivery Center, based in the heart of Lisbon, brings together a strong global team of more than 400 colleagues who deliver operational excellence every day through innovation and streamlined, efficient solutions.

The Opportunity

The Treasury Analyst role sits within the operational team supporting FO transaction management and accounting. The role will report to the Treasury Accountant. At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day.

What will you do?

Transaction management:

* Ensure payment flows from previous day have been processed by the bank, notifying Front Office of any exceptions or unrecorded inward flows.
* Process all relevant payments via SWIFT or bank portals prior to the relevant cut off times, and in line with corporate approvals.
* Following up and dispute resolution with banks on trade settlements.
* Respond to queries from all stakeholder groups.
* Settle deals when due; process the daily Front Office transactional activity in the Treasury Management System from reconciliation to payment.
* Confirm Treasury transactions in a timely manner - Ensure all external trades are matched on Misys Finastra promptly, reporting discrepancies or outstanding confirmations to ensure that any corrections are made prior to bank cut – off deadlines.

Accounting & Controls

* Account for Treasury transactions - perform daily bank reconciliations in the Treasury System to ensure all funds have moved as expected and that Treasury transactions have been correctly posted in Oracle.
* Liaise with internal teams to onboard new beneficiaries in the Treasury System and automate internal cash postings.
* Ensure that the Back Office team is Sarbanes Oxley compliant and update Treasury templates where required.
* Work with the Treasury Accountant and Treasury Accounting Analyst to update and document the Back Office procedures.
* Process and reconcile static data changes in Treasury static data.
* Supervise the payment functionality and controls established within the Treasury System.

Reporting

* Distribute the Back Office control and activity reports to the applicable audience.
* Assist in providing the relevant audit trail to internal and external auditors.

Project support

* As capacity allows, provide project support to Treasury initiatives.

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