Full-time

Financial Services

Letterkenny Co Donegal

Not disclosed

OVERALL PURPOSE OF POST:

The primary role of the Snr Treasury Associate is to be responsible for bank administration, bank relations and cash management activities for Prudential’s businesses.   This position is in the Cash Management Unit and responsibilities include cash positioning, wire transfer processing and reporting for Prudential’s businesses.

US hours required -  Monday to Friday 1:00 pm to 9.30 pm GMT (there is a requirement to be flexible with these hours).  US Holidays.

 

SUMMARY OF DUTIES:

The primary job responsibilities for this position include:

  • Calculating daily cash positions based on business unit / investment forecasts and historical trends.
  • Processing of wire transfers – large dollar amounts.
  • Making investment related decisions based on forecasts and trends.
  • Reconciling and analysing forecasted to actual activity in investment and operating accounts daily.
  • Preparing variance analysis reports for business units and portfolio management to monitor forecasted vs. actual discrepancies.
  • Preparing short-term cash flow projection reports.
  • Consulting with various Prudential businesses to improve cash processing flows, cash forecasting and bank account structures.
  • Communicating with banks and various Prudential businesses to investigate and resolve transaction and account balance issues.
  • Initiating wire transfers to concentrate funds for investment and to fund operating and investment activity.
  • Conducting and documenting moderately complex financial analysis and reporting for Enterprise or business specific projects.
  • Updating procedures and workflow documentation as needed.
  • Participating in independent and group projects related to cash management initiatives.
  • Independently researching and resolving position related discrepancies.
  • Proactively communicating issues to relevant business partners.
  • Assuming ownership for operational issues that are raised and providing resolution in a manner that considers the impact to other operational areas.
  • Proactively seeking ways to improve current processes by leveraging the tools available to identify inefficiencies. 
  • Training new members within the unit.

 

KNOWLEDGE & SKILLS REQUIREMENTS

  • Excellent oral and written communication skills to effectively communicate with business partners, banks and external service providers.
  • Ability to conduct financial analysis for Prudential’s business units (i.e. trending and identification of cyclical patterns, variance analysis, cost benefit analysis, etc.).
  • Solid organizational skills and the ability to manage multiple tasks to maintain an efficient processing environment.
  • Good problem solving and decision-making skills to respond to inquiries and processing issues in a timely manner.
  • Strong interpersonal skills to build relationships within Treasurer’s and with business partners and banks.
  • Ability to work well under pressure and meet tight deadlines in a team environment.
  • MS Office including Excel & Word
  • Self-motivation and ability to work within a team environment.
  • Has an entrepreneurial spirit and is willing to take on additional responsibility.
  • Ability to be organized, flexible, prioritize tasks and work in a deadline oriented environment.
  • Attention to detail and quality driven.

 

Background Requirements (Education/qualifications/previous experience, etc.)

  • Bachelors Degree in Finance, Accounting, Economics, or Business Administration.
  • Banking experience an advantage but not essential.