Senior Treasury Analyst

Join one of the UK's top employers! We're currently recruiting for a Senior Treasury Analyst to join our Banking and Treasury team within Phoenix Life Finance.

Salary: Up to £35k, bonus 8-16%, excellent pension, 38 days holiday
Job Type: Fixed Term Contract (12 months)
Location: Wythall, Birmingham
Closing Date: 21.02.2023

We have an incredible opportunity to join us here at Phoenix Group as a Senior Treasury Analyst to join our Banking and Treasury team.
Who are we?
We want to be the best place that any of our 8,000 colleagues have ever worked.
We're the UK's largest long-term savings and retirement business. We offer our 13 million customers products across our market-leading brands, including Standard Life, SunLife and ReAssure, with c.£310 billion of assets under administration. We're a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we're not done yet.
The role is responsible for performing and reviewing daily banking and cash management activities, monitoring liquidity positions, performing funding forecasts and processing payments to support corporate and policyholder cash flows.
This role will be a point of contact for both external (Banks and Outsourced Service Providers) and internal stakeholders for banking, liquidity, payment queries and other associated ad-hoc requests.
In addition, there is a requirement to perform some analysis and provision of management information (MI), regularly and on an ad-hoc basis, to ensure that liquidity is being managed in line with business requirements.

Key Responsibilities
- Day to day activities include the performance of funding calculations, processing and authorisation of payments within deadlines. The posting of corresponding accounting journals to the general ledger. Performance of reconciliations. Supporting funding and payments related queries.
- Daily funding responsibilities include the monitoring of bank account liquidity levels to ensure balance positions are within acceptable limits, identifying and forecasting funding requirements and processing the appropriate corresponding cash movements within deadlines.
- Ensuring that high value corporate payments are processed accurately, within deadlines, are authorised appropriately in line with internal governance and the associated supporting documentation and journal postings to the general ledger are in order.
- Communicating effectively with key stakeholders - other business teams within Phoenix, outsource partners who support the business and the banks - to successfully perform daily funding and the processing of payments.
- Ensuring timely resolution of payment queries, outstanding reconciliation items and other operational issues, making, where necessary any small process and control improvements to prevent future re-occurrence.
- Providing analysis of Treasury operations on a monthly basis, being responsible for the production of Treasury oversight MI. Analysing data received from outsourcers, ensuring accuracy and providing challenge and feedback on data integrity where necessary.
- Ensure strict adherence to Treasury timetables to meet the month-end and quarter-end process deadlines, resolving or escalating as appropriate any issues which may arise.

What We're Looking For
Essential
- Experience of working within financial services and/or a financial controls environment.
- Experience of working in an operational banking or treasury function with a good knowledge of transactional banking and payments processing.
- Strong organisational and time management skills including the ability to work under pressure to meet often conflicting and challenging processing deadlines.
- Good analytical skills and strong attention to detail.
- Proficient with Microsoft Excel and Word.
- Strong communication skills, both verbal and written.

Desirable
Experience and understanding of basic accounting practices, double entry book-keeping and a general ledger.

What We Offer
Bring your 'whole self', skills and dedication to the Phoenix Group and we'll recognise your effort, support your development and help to drive your ambition. We'll ensure you're rewarded for your contribution with a competitive package that includes an attractive pension, annual bonus potential, private medical insurance, generous holiday entitlement, enhanced maternity and adoption leave and a range of other financial services and lifestyle flexible benefits.
Join us and you join a unique organisation. It's not just the 14 million policyholders we serve, or the £300 billion of assets we look after. Or that we're a FTSE 100 company that has been listed as one of the UK's Top Employers for nine years running. It's our talented, inclusive and diverse workforce that makes us a success. We offer flexible working opportunities ensuring we attract and retain the very best of talent. Find out about more about our people's stories, our values and our commitment to Diversity.
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Key Competencies
- Analytical Skills
- Checking and Reporting
- Communication Skills
- Continuous Improvement
- Information Seeking
- Embrace Change
We value diversity in our workforce and welcome enquiries from everyone.