Senior Dealer Treasury
Senior Dealer Treasury
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Job Description
BAT is evolving at pace into a global multi-category business. Our purpose is to create A Better Tomorrow by Building a Smokeless World.
To achieve our ambition we are looking for colleagues who are ready to join us on this journey! Tomorrow cant wait lets shape it together!
British American Tobacco Romaniahas an exciting opportunity for a Senior Treasury Dealerin Bucharest and will report to Ioana Niculescu
Your key responsibilities will include:
- Cash Management To review respective operating companies currency bank account balances analyse and position short term cash flows considering daily and short term forecast positions and Corporate Finance related funding projects. Thereafter invest borrow or exchange funds to ensure that the Groups liquidity is maintained at all times. This will typically involve taking into account security of principal liquidity price and respective bank credit positions. This workflow to be handled and completed in accordance with the service level agreements in force between TSC and operating companies.
- Foreign Exchange Management In conjunction with the relevant Regional Treasurers and acting as the Centre of Treasury excellence to operating companies in respect of their own FX hedging programs to undertake FX hedges on behalf of operating companies ensuring that the proposed hedges are in line with the Groups policy and have been fully detailed to maintain compliance with accounting standards
- In conjunction with the Risk management team to implement strategic hedging programs in respect of group companies profit repatriation to the centre. The external FX hedges to be undertaken in accordance with pre-determined Group Treasury policy and guidelines. Additionally to ensure that IAS compliance guidelines have been fully detailed and adhered to.
- Product Evaluation The increased sophistication of the dealing function both on the foreign exchange and investment markets demands a high level of skill and understanding of the ever-increasing number of products that are offered by financial institutions. To proactively review and evaluate new financial market products to settle their applicability to BATIFs existing suite of trading instruments taking into account the various risk factors typically inherent in new financial instruments. Typical examples include structured currency options and other derivatives.
- Professional Representation To continually handle and maintain the Groups external and TSCs internal business partner relationships to ensure that BATIF/TSC receives and delivers standard process Treasury service whilst conducting normal day to day Treasury operations. This would typically include representing the Company by holding frequent internal and external business partner meetings to discuss a variety of business related topics. Additionally to continually promote the overall Group treasury vision and strategy encompassing the use of the treasury service centre as a provider of in-house banking services.
- Organizational Change To continually review and recommend practical alternatives and improvements to current processes. To support and assist organizational change initiatives specifically related to the dealing function inclusive of new systems implementation where applicable. This may include the sole management of projects and/or to ensure that the required projects tasks are completed in a timely fashion to an encouraged standard as an active member of a larger project team.
- Information Exchange To provide upon request market based information to TSC participants and other interested parties. This requires the continuous analysis of financial and economic information.
- Management Reporting and analysis To proactively explore analyse and recommend alternatives in the content and format of reporting and management information as well as responsible for the maintenance of the current suite of daily and monthly analytical and statistical reports examples of which include FX performance and league tables in respect of TSC trading turnover.
What are we looking for
- Comprehensive understanding of a Corporate Treasury function including foreign exchange and interest risk management money market and funding operations treasury accounting skills various Treasury systems electronic banking systems and to be confident in collaborating closely with all levels of management internally and externally.
- Full understanding of the way financial markets work particularly the impact of economic data and its relationship to movements in the foreign exchange and interest rate markets.
- Confirmed understanding of all money market and foreign exchange instruments including spot and forward foreign exchange dealing interest rate currency swaps and options be able to handle the issue CP under the various programs and be able to invest the short term surplus funds cash in appropriate investment instruments.
- Solid understanding of Treasury related financial and management accounting and must be able to apply such knowledge especially in respect of management reporting and control.
- Highly adaptable to change and able to harmonise relevant concepts in financial markets and financial risks to produce relevant innovations for the TSC as well as for the BAT Group
- Excellent communication skills both verbal and in writing and must be proactive in maintaining and developing working relationships with various end market organisations. Knowledge of multiple and relevant languages will be useful given the jurisdictions that the TSC operates in
- Excellent digital literacy in respect of using all the Microsoft office suite Reuters Bloomberg FXall and SAP and a minimum of 3-5 years experience within the Treasury area.
What we offer you
We offer a market leading annual performance bonus (subject to eligibility)
Our range of benefits varies by country and includes diverse health plans initiatives for work-life balance transportation support and a flexible holiday plan with additional incentives
Your journey with us isnt limited by boundaries; its propelled by your aspirations. Join us at BAT and become a part of an environment that thrives on internal advancement where your career progression isnt just a statement its a reality were eager to build together. Seize the opportunity and own your development; your next chapter starts here.
Youll have access to online learning platforms and personalized growth programs to nurture your leadership skills
We prioritise continuous improvement within a transformative environment preparing for ongoing changes
WHY JOIN BAT
Were one of the few companies named as a Global Top Employer by the Top Employers Institute certified in offering excellent employee conditions.
Collaboration inclusion and partnership underpin everything we do here at BAT. We are looking forward to enabling every individual to thrive regardless of gender sexual orientation marital or civil partnership status gender reassignment race religion or belief colour nationality ethnic or national origin disability age skills experience education socio-economic and professional background veteran status perspectives and thinking styles. We know that embracing talent from all backgrounds is what makes us stronger and best prepared to meet our business goals.
We see the career breaks as opportunities not obstacles. Through The Global Returners program we support professionals looking to restart their careers after an extended absence from the workforce (e.g. time out caring for family parental leave national service sabbatical and/or starting an own venture).
Come bring your difference and see what is possible for you at BAT. Learn more about our culture and our award winning employee experience here.
If you require any reasonable adjustments or accommodations to help you perform at your best during the recruitment process you are encouraged to notify us. We are fully committed to support you by making appropriate arrangements for you to demonstrate your full potential.
Required Experience:
Senior IC
Employment Type
Full Time
