Sports betting, gaming and interactive entertainment is changing, and we’re leading that change. By putting people first. By placing exciting, engaging and entertaining experiences at more fingertips than ever before. We're pulling into pole position by pushing boundaries further. With innovation. With technology. But most importantly, with people like you. Because when you join Entain, it’s your game. So let’s win together.
Job Description
As a Treasury Analyst you will be responsible for the day to day activities of the treasury function which will include; perform the Group’s cash management activities both internal and external, review and maintenance of static data within the TMS and Payment Hub, inter company documentation management, bank account management and cover the Treasury Cash Manager in their absence.
You will be providing technical and other support for mergers and acquisitions and other projects as needed whilst developing the use of a new payment hub solution. The role involves understanding of the technical aspects such as SWIFT messaging/reporting and various file formats as well as configuration of the system for different payment types. Regular meetings with internal customers and banks to manage the deadlines set in our plan.
What you will do
* Assess, monitor, plan and manage the efficient utilisation of cash and facility borrowings in a manner consistent with the objectives of the Company. Understand, manage, and supervise all aspects of cash flow. Forecast daily cash requirements and execute daily financing decisions.
* Manage relationships with financial service providers. Regular meetings with our relationship banks for potential new developments within the banking world.
* Manage the Group’s Sterling and foreign currency cash on a daily basis to minimise cash at bank in order to reduce bank borrowings (up to £500m) and overdraft costs. Liaise with divisions within business to ensure that surplus cash balances within the group are kept to a minimum.
* Manage the short-term cash flow forecasting necessary for effective cash management within the group on a daily basis. Recommend funding actions to be taken.
* Transact deposits and money market investments up to £200m on a daily basis in order to reduce interest costs.
* Transact foreign exchange deals that can reach £200m using 360T as necessary in order to reduce the exposure to foreign exchange rate fluctuations.
* Instruct and administer drawings on the committed borrowing facilities. Liaise with lenders' administration teams where issues arise.
* Monitor usage of drawings on committed borrowing facilities.
* Arrange the settlement of inter-company trade balances as instructed by the Group’s accountants. Create new facilities/agreements, as required as well as reviewing month end balances to identify any breaches.
* Monitor bank and any other ad-hoc charges and address quality issues and work with line manager to negotiate better pricing.
* Execute in a timely, accurate and efficient manner the treasury back office operations including settlement and confirmation of all deals transacted on the financial markets on a daily basis.
* Produce/circulate daily cash report to monitor counter party risk exposure.
* Support / advise overseas business units with regard to Treasury and banking issues – negotiate with units to maximize cash remittances to centre.
Qualifications
* Analytical skills with ability to solve problems innovatively
* Strong attention to detail
* Team player
* Experience within a Treasury department of a FTSE 100 company (Desired)
* Experience using Finance or Treasury Management Systems (Desired)
* Exposure to various banking systems (Desired)
* Must be proficient in Excel
Additional Information
At Entain, we know that signing top players requires a great starting package, and plenty of support to inspire peak performance. Join us, and a competitive salary is just the beginning.
Depending on your role and location, you can expect to receive benefits like:
* A regular bonus
* A stake in our success through our ShareSave scheme
* Wellbeing support, and so much more.
And outside of this, you’ll have the chance to turn recognition from leaders and colleagues into amazing prizes, join a winning team of talented people and be a part of an inclusive and supporting community where everyone is celebrated for being themselves.
Should you need any adjustments or accommodations to the recruitment process, at either application or interview, please contact us.
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At Entain, we do what's right. It's one of our core values and that's why we're taking the lead when it comes to creating a diverse, equitable and inclusive future - for our people, and the wider global sports betting and gaming sector. However you identify, our ambition is to ensure our people across the globe feel valued, respected and their individuality celebrated.
We comply with all applicable recruitment regulations and employment laws in the jurisdictions where we operate, ensuring ethical and compliant hiring practices globally.
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