Treasury Analyst at Virgin Atlantic

Crawley

Permanent

Competitive

06-10-2023

Job Details

Salary: Competitive

Hours: 37.5 per week, Mon – Fri

Location: Crawley, West Sussex – three days per week

Contract: Permanent

Closing Date: 6 October 2023

Many of our staff at Virgin work flexibly and in many different ways, different core hours or remote working. Please talk to us at your application or interview stage about the flexibility you need. We can’t promise to give you exactly what you want, but we are happy to explore what’s possible for the role.

In a nutshell

At Virgin Atlantic Airways, we believe that everyone can take on the world, and it’s our vision to become the most loved travel company. As we embark on this next exciting stage of our journey, we’re harnessing our spirit of entrepreneurship and innovation to challenge the status quo.

We love to disrupt the market and lead the way with fresh ideas. Bringing new approaches to the industry and remaining a loud and proud voice for positive change – be it on issues of sustainability, people or our communities. So, if you’re ready to take your career to new heights, read on.

We’re seeking a new Treasury Analyst to join our Treasury Front Office team. The purpose of this role is to support the Cash, Debt and Risk Management activities within the Corporate Finance function and across the wider organisation.

This covers all aspects of cash and liquidity management, financing, planning and delivery of financial risk management strategies and maintaining relationships with Banking/hedging counterparties. The role will drive efficiencies and streamline processes within the Corporate Finance function and across the wider organisation, whilst ensuring relevant controls are in place to support delivery of high-quality management information.

Day to day

Support Cash Manager to deliver the company’s cash management strategy by monitoring daily cash flows and liquidity positions, ensuring funding is available for operational requirements and ensuring cash is optimally utilised. Analysing cash flow trends to enhance cash efficiency and investing idle cash. Forecasting short-term requirements.

Assisting in the management of the company’s debt portfolio, monitoring debt covenants and reporting requirements while taking ownership of monthly debt and interest reporting.

Working with Treasury Risk Manager to implement hedging strategies in line with company policy to mitigate risks and enhance financial stability.

Identifying, assessing and managing financial risks, including commodity, foreign exchange, interest rate and credit risk.

Producing high quality reporting with a focus on streamlining production through automation of inputs and presenting to senior management (e.g. Financial Risk Committee) as required

Effectively manage external banking and hedging counterparty relationships,

Maintaining audit trail of all documentation to support cash management, investment and risk management/hedging activities. Establishing, maintaining and enhancing robust Treasury controls while adhering to relevant controls and policy guidelines

About you

In addition to the above, we are looking for our successful candidate to demonstrate the following:

Studying towards a relevant Finance qualification (AMCT, ACCA, CIMA, CFA) or equivalent

Proven experience working in treasury, finance, or a related area

Excellent communication and interpersonal skills to work effectively with internal and external stakeholders

Strong problem-solving abilities and a proactive approach to identifying opportunities for improvement

Analytical with a proficiency in Microsoft Office tools, in particular Excel and PowerPoint

Attention to detail and the ability to work under pressure to meet deadlines

Knowledge of Bloomberg, 360T, Cachematrix or other trading platforms is a plus

If this sounds like you, then we would love to hear from you!

Be yourself

Our customers come from all walks of life and so do our colleagues. That’s why we’re proud to be an equal opportunity employer and actively encourage applications from all backgrounds. At Virgin Atlantic, we believe everyone can take on the world – no matter your age, gender, gender identity, gender expression, ethnicity, sexual orientation, disabilities, religion, or beliefs. We celebrate difference and everything that makes our colleagues unique by upholding an inclusive environment in which we can all thrive. So that everyone at Virgin Atlantic can be themselves and know they belong.

To make your journey with us accessible and individual to you, we encourage you to let us know if you’d like a little extra help with your application, or if you have any individual requirements at any stage along your recruitment journey. We are here to support you, so please reach out to our team, ([email protected]) feeling confident that we’ve got your individual considerations covered.