Job Description

Job Description

Job title Team Band Reporting to Management responsibility

Treasury Operations Analyst Finance & Central Functions 7 ? Analyst Senior Manager ? Treasury & Cash Management

No staff

Overview of the job

The role will manage the cash flows and banking arrangements of the British Business Bank's underlying investment programmes and operational requirements. There will also be management around processing payments in internal systems and external banking platforms, as well as ensuring cash transactions are reflected in the Bank's financial ledgers.

Main duties

? Prepare and process payments for: o Investment fund drawdowns o Account Payables' settlements/expense settlements o Payroll settlements

? Manage all bank accounts, and process payments to meet drawdown requests from the underlying investment programmes and operational requirements.

? Daily cash reconciliations on all bank accounts. ? Ensure that the requirements of Government Banking Service are adhered to /

maintained with regard to prescriptions around account usage. ? Produce daily, weekly and monthly cash flow forecasts to reflect planned activities and

ensure BEIS are adequately informed of cash requirements to feed into HMT cash flow forecasting ? accuracy being of paramount importance given the likelihood of BEIS/HMT imposed fines. ? Active communication across the Bank's teams to expedite fund drawdowns in a timely manner. ? Maintain bank mandate and delegated authorities' records externally and within the Treasury team. ? Additional duties on an ad-hoc basis as directed by the Senior Manager, Treasury & Cash Management.

Knowledge and experience ? Experience in a similar Treasury function an advantage, in particular working in a banking/cash transaction environment with first hand experience of processing high value transactions through a variety of payment mechanisms ? BACS/CHAPS/Faster payments etc. ? Governance principles around payment approvals/segregation of duties. ? Understanding of Government Banking Service. ? Experience of financial systems (Sage/Oracle/SAP/Sun/TAG) ? Experience of monthly and annual accounts preparation

Internal and external stakeholders ? Banking relationships with BACS/NATWEST/RBS/LLOYDS ? UKSBS ? shared services Administrator ? BEIS ? UKGI ? Finance Managing Director ? Senior Manager ? Treasury & Cash Management (line manager) ? Director ? Financial Control

? Head of Accounts Payable ? CFO

Key competencies/behaviours ? High level of numeracy and strong analytical skillset ? Advanced MS Excel user ? Competent MS Office user (higher requirement re Excel as above) ? Collaborative and proactive in building relationships ? Highly resilient, able to see tasks through and capable of solving problems in a creative and practical way ? able to see a solution / see a way through complexity ? Demonstrable integrity, honesty and reliability

Qualifications ? AAT or,

Minimum requirement (unless more highly qualified as below)

? Part qualified CCAB/CIMA or,

At professional stages (current status with clear intent to complete to full qualification)

? ACT

Alternatively, preparedness to study towards Association of Chartered Treasurers

Is this a regulated role?

No

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