Finance Analyst Cash & Treasury

CLOSING DATE: 31st of January

Salary: Up to £39,000 per annum (dependent on experience) 

The UK&I Treasury team is required to provide robust and frequent updates to short and medium-term cash flow forecasts to ensure the group’s liquidity position is optimised. 

The Finance Analyst is responsible for the capture and analysis of all short to medium term forecast and actual cash flows across our retail, airline, cruise and tour operator businesses. This involves converting monthly forecasts from the FP&A team into forecasts by day to ensure cash low points during the month are adequately funded. 

The postholder’s key stakeholders are UK&I FP&A, UK&I Accounts Payable, Receivable and Banking teams, Group Treasury and Group Finance. 

ABOUT OUR OFFER

• Personal benefits: Attractive remuneration, discretionary bonus schemes, generous travel benefits, extensive health & well-being support, and more
• Flexible working: Work is something you do, not somewhere you go. We encourage a healthy work-life balance with a dynamic working environment
• A career to shape: Access the TUI Learning Hub to level-up and reach your ambitions
• Broaden your network: We champion intercultural collaboration and provide opportunities to work on global projects and teams
• Community: Get involved with incredible local charity and sustainability initiatives like the TUI Care Foundation

ABOUT THE JOB

• Producing the daily cash report, calculating the daily closing position and variance analysis of the previous day’s forecast by currency by entity 
• Updating the rolling daily cash tracker to capture all forecast cash flows by day for the coming months, reconciling to the monthly operational/direct cash flow forecast
• Working closely with Accounts Payable and Banking to manage the timing of cash flows
• Reconciling to Group Treasury actual cash movements for the UK&I business
• Review mid-month run rates to reforecast month to go and impact on the following month’s cash flow
• Primary person to manage the opening and closing and any other administration associated with UK&I bank accounts 
• Maintaining the bank mandates and completing regular banking system user access audits
• Supporting with upcoming group banking projects 

ABOUT YOU

• Relevant experience in the finance department of a large company (>£1bn t/o p.a)
• Highly Microsoft Excel literate with the ability to assimilate complex data with many variables and to present in a clear and concise way
• Highly numerate and analytical, able to quickly identify incomplete or inaccurate data
• Confidence to scrutinise data and challenge relevant stakeholders
• Proven experience of working well with colleagues from other teams Deadline driven and able to demonstrate ability to work under pressure 
• Previous roles focusing on cash and cash flow reporting highly desirable but not essential

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​​​​​​​We appreciate your interest in this position. Please note that we may close the application process once we have received a sufficient number of qualified candidates. We encourage interested applicants to submit their applications promptly

From a workplace to a place to belong. At TUI we embrace diversity, equity, and inclusion, encouraging everyone to come as you are, because together, our potential is limitless.

We are committed to supporting candidates with disabilities and impairments so if you require any support, please do let us know.

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