Treasury & Insurance Analyst
About Us
GKN Aerospace is the world's leading multi-technology tier 1 aerospace supplier. With 38 manufacturing locations in 12 countries, we serve over 90% of the world"s aircraft and engine manufacturers. We design and manufacture innovative smart aerospace systems and components. Every time you travel by air almost anywhere in the world, it is likely that GKN is helping you on your way.
We are looking for people who want to make a difference, talented members with the skills and passions to become the best of the future in what they do.
Job Summary
This is a global role supporting the Global Treasury Manager (GTM) . This key role supports:
1) the timely collection, consolidation and analysis of financial data,
2) the maintenance of centralised treasury information,
3) the delivery of a first-class treasury function and services to its stakeholders and the business as a whole.
This shall be achieved through building and maintaining relationships with site and business line finance teams, together with divisional finance, global functions and Melrose Group as necessary and through the operation of efficient manual and electronic data gathering and consolidation.
Job Responsibilities
Cash Reporting and forecasting
• Assist the GTM in the tracking and analysis of transactions denominated in foreign currency across multiple jurisdictions.
• Collect, analyse and report on group cash positions.
Supplier Finance and Factoring
• Assist GTM in the collection, analysis and forecasting of data relating to the utilisation of group supply chain financing, factoring and reverse factoring facilities.
Foreign Exchange Exposure Hedging
• Assist GTM in the collection and consolidation of foreign exposure data, commentary, analysis and forecasts
• Foreign exchange confirmation matching and distribution
Treasury Management System
• Support the central finance team with the settlement of intercompany transactions through the TMS.
• Assist the GTM in the development of regular and ad-hoc reporting of cash, inter-company loans and current account balances, open foreign exchange trades, bonds and guarantees.
Electronic Banking Platforms
• Assist the GTM in the coordination of administrative activities and processes relating to the management of the various electronic banking platforms used by the Aerospace division.
Insurance
• Assist with the collation and validation of insurance renewal data from sites, as part of the annual insurance renewal exercise.
• Maintain the UK Motor insurance database information, including dealing with requests for changes from sites
• Co-ordinate the insurance valuation surveys at sites
Other responsibilities
• Lead the collection of site, business line and HQ Finance leadership review and certification of bank account data, bank account signatories and electronic banking approvers
• Assist the GTM in the resolution of banking transaction related queries and requests including liaison with the customer service teams of divisional relationship banks.
• Adhoc projects to support GTM and VP Finance Governance
Job Qualifications
Formal Qualifications
Essential:
• Business Degree
Desirable
• Association of Corporate Treasurers (ACT) qualification (or international equivalent)
Specific Functional Capabilities, Knowledge and Skills Required
Essential:
• Financial and technical expertise
• IT literate (Excel and PowerPoint)
• Knowledge of payment processes
Desirable:
• Understanding of foreign exchange concepts
• Experience of using a Treasury Management System (TMS)
• Experience of working in a large multi national (and multi currency) organisation
• Understanding of basic concepts of insurance
Language Skills
Fluent English
Capabilities of ideal candidate
• Strong integrity and ethical behaviour
• Works effectively across different cultures
• Ability & confidence to work independently as required
• Excellent and proven track record of building effective relationships
• Works collaboratively and in a structured way
• Flexibility
• Communicates effectively
• Excellent listening skills
Travel Requirements
Role may require occasional international travel within scope of responsibilities and reflecting location of GKN Aerospace sites
Diversity Inclusion and Belonging (DIB)
As a global engineering company, innovation is what differentiates us from our competitors and is central to our success.
A balance of cultures, ethnicities and genders help bring new ideas and creativity to GKN. We need people of different backgrounds, with different skills and perspectives to spark originality, imagination and creativeness in our teams around the world.
GKN is an equal opportunity employer.
We treat all our employees and applicants fairly and are committed to ensuring that there is no discrimination or harassment against any employee or qualified applicant on the grounds of age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status or any other characteristic protected by law.
GKN Aerospace is the world's leading multi-technology tier 1 aerospace supplier. With 38 manufacturing locations in 12 countries, we serve over 90% of the world"s aircraft and engine manufacturers. We design and manufacture innovative smart aerospace systems and components. Every time you travel by air almost anywhere in the world, it is likely that GKN is helping you on your way.
We are looking for people who want to make a difference, talented members with the skills and passions to become the best of the future in what they do.
Job Summary
This is a global role supporting the Global Treasury Manager (GTM) . This key role supports:
1) the timely collection, consolidation and analysis of financial data,
2) the maintenance of centralised treasury information,
3) the delivery of a first-class treasury function and services to its stakeholders and the business as a whole.
This shall be achieved through building and maintaining relationships with site and business line finance teams, together with divisional finance, global functions and Melrose Group as necessary and through the operation of efficient manual and electronic data gathering and consolidation.
Job Responsibilities
Cash Reporting and forecasting
• Assist the GTM in the tracking and analysis of transactions denominated in foreign currency across multiple jurisdictions.
• Collect, analyse and report on group cash positions.
Supplier Finance and Factoring
• Assist GTM in the collection, analysis and forecasting of data relating to the utilisation of group supply chain financing, factoring and reverse factoring facilities.
Foreign Exchange Exposure Hedging
• Assist GTM in the collection and consolidation of foreign exposure data, commentary, analysis and forecasts
• Foreign exchange confirmation matching and distribution
Treasury Management System
• Support the central finance team with the settlement of intercompany transactions through the TMS.
• Assist the GTM in the development of regular and ad-hoc reporting of cash, inter-company loans and current account balances, open foreign exchange trades, bonds and guarantees.
Electronic Banking Platforms
• Assist the GTM in the coordination of administrative activities and processes relating to the management of the various electronic banking platforms used by the Aerospace division.
Insurance
• Assist with the collation and validation of insurance renewal data from sites, as part of the annual insurance renewal exercise.
• Maintain the UK Motor insurance database information, including dealing with requests for changes from sites
• Co-ordinate the insurance valuation surveys at sites
Other responsibilities
• Lead the collection of site, business line and HQ Finance leadership review and certification of bank account data, bank account signatories and electronic banking approvers
• Assist the GTM in the resolution of banking transaction related queries and requests including liaison with the customer service teams of divisional relationship banks.
• Adhoc projects to support GTM and VP Finance Governance
Job Qualifications
Formal Qualifications
Essential:
• Business Degree
Desirable
• Association of Corporate Treasurers (ACT) qualification (or international equivalent)
Specific Functional Capabilities, Knowledge and Skills Required
Essential:
- Minimum 3 years of experience
• Financial and technical expertise
• IT literate (Excel and PowerPoint)
• Knowledge of payment processes
Desirable:
• Understanding of foreign exchange concepts
• Experience of using a Treasury Management System (TMS)
• Experience of working in a large multi national (and multi currency) organisation
• Understanding of basic concepts of insurance
Language Skills
Fluent English
Capabilities of ideal candidate
• Strong integrity and ethical behaviour
• Works effectively across different cultures
• Ability & confidence to work independently as required
• Excellent and proven track record of building effective relationships
• Works collaboratively and in a structured way
• Flexibility
• Communicates effectively
• Excellent listening skills
Travel Requirements
Role may require occasional international travel within scope of responsibilities and reflecting location of GKN Aerospace sites
Diversity Inclusion and Belonging (DIB)
As a global engineering company, innovation is what differentiates us from our competitors and is central to our success.
A balance of cultures, ethnicities and genders help bring new ideas and creativity to GKN. We need people of different backgrounds, with different skills and perspectives to spark originality, imagination and creativeness in our teams around the world.
GKN is an equal opportunity employer.
We treat all our employees and applicants fairly and are committed to ensuring that there is no discrimination or harassment against any employee or qualified applicant on the grounds of age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status or any other characteristic protected by law.