Treasury Intern, Cash Management

Recruiter
WorldRemit
Location
London, Greater London, United Kingdom
Salary
Competitive
Posted
02 Jan 2021
Closes
01 Feb 2021
Ref
2560703
Job role
Accountant
Experience level
Entry level, Internship
Who are we?

WorldRemit is changing the way people send money abroad. We've taken something complicated and made it simple. Tap the WorldRemit App or click on our website and your international transfer is made - to a bank account, cash pickup, Mobile Money, or airtime top-up. Founded in 2010, we send international remittances from 50 countries to more than 150 countries and we continue to expand our footprint.

Using WorldRemit is easy because we do the hard bit, connecting hundreds of banks, money agents, mobile operators and payment systems around the world. These were never designed to work together, but WorldRemit makes it happen.

WorldRemit has grown on average by 50% year on year and is now processing over £3bn of remittances on an annualised basis. We have raised c.$370 million in funding, currently employ over 800 employees and have offices in London, USA, Philippines, Poland, Australia, New Zealand, Canada, Japan, Hong Kong and other locations.

The journey is just beginning. We believe in faster, simpler, more accessible money transfers. That means building better products and services for our customers.

Changing the world isn't easy - so we only hire the most talented people. You need to think differently, believe in new solutions to old problems, and have the drive to make them happen. We aim to attract, retain and develop people that can bring to life our values:

About the role

We are looking to strengthen the team with a Treasury Intern to help meet the demands of WorldRemit's continuing growth. Reporting directly into the Treasury Cash Manager, this individual will be responsible for assisting with the effective management of the Group cash and cash equivalents, ensuring cash is available to meet business demand, and the accurate capture of flows.

Responsibilities:
  • Developing an excellent understanding of the operating events and relationships that impact cashflows.
  • Strong partnering with key stakeholders to ensure accurate and timely cash information is captured and imputed to the forecasts.
  • Cash reporting - preparing daily KPI reporting and assisting with complex ad-hoc models.
  • Daily cash actuals reconciliation and investigation of material variances.
  • Running and owning relevant parts of the daily cash management process, including data extraction, forecast and assumptions updating, generating payment and FX instructions, and if necessary, execution.
  • Ensuring the timely funding of accounts as required by the various stakeholders of the business, both internal and external.
  • Proactively assisting the Treasury Cash Manager and wider Treasury team with strategic projects and their implementation.

Desired experience and background
  • A Bachelor's degree in finance, Business or Accounting.
  • Studying towards an Accounting or Treasury qualification desirable, but not mandatory.
  • Strong Excel skills would be advantageous
  • Proficient use of IT systems.
  • Strong analytical, communication and organisational skills.
  • Ability to work independently as well as in a team.
  • Ability to perform successfully under pressure.

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