Treasury Specialist

Job description

Treasury Specialist

Job Title: Treasury Specialist

Segment/Business Unit: One Mars (Mars Iberia, Royal Canin Iberia, Cafosa, Regico, Wrigley)

Country - Site: Spain - Barcelona

Job Function: Finance - ICTC

Manager's name & position: ICTC Head Mars Iberia

Job Purpose

The In-Country Tax and Treasury Center (ICTC) is a new department at Mars Iberia that delivers tax and treasury services to all the entities in such cluster; given the wide scope of Treasury, a new role is required to help the current team to accomplish the tasks that the team should assume.

Key Responsibilities

·  Debt management: Some companies within the Group have outstanding debts with other Mars entities across the globe, therefore a good governance policy should be maintained, as well as reporting channels and repayments.
·  Bank reconciliation: On a daily basis, ensure that bank statement are being properly uploaded to our ERP, matching the balances in the accounting records to the corresponding information on such bank statements and compensating subsidiary bank accounts allocating the balances.
·  Promissory/Commercial notes management: Collect, safeguard and deposit the promissory/commercial notes in the bank according to payment date. Keep record and documentation archive.
·  Legal, statistical and Banking reporting (ETE, INE, etc.): Prepare and deliver timely and accurate reporting to the Public Administration and the Spanish/Portuguese Central Bank (ETE, etc.).
·  Internal reporting: Prepare and deliver timely and accurate reporting to the stakeholders inside the organization (Daily Cash position; Loans position; Investment & Borrowing; Bank account reporting, Guarantee reporting, etc.).
·  Petty cash governance: Safeguard the petty cash. Ensure we keep enough cash in our safe box in order to cover the daily needs. Keep a record of the outputs and inputs in our books and reconcile the GL account at period end close.
·  Powers of Attorney management: Governance of PoA for all the entities within Iberia, as well as coordinating the contact with external advisors in order to prepare them when needed.
·  General bank requests : Provide support to stakeholders inside and outside the organization (i.e. bank certificates, proof of payments; GL account allocations, etc.).
· 
Bank proposals and payments execution: Twice per week, in line with AR department, execute payment proposals in ERP system, and upload direct debits into the bank, ensuring that all revenues will be charged no later than the maturity date.

Job Specifications/Qualifications

Educational & Professional Qualifications:

·  Degree in Economics, Finance or Business Administration.
·  Advanced in English.
·  Portuguese is a plus.

Knowledge / Experience:

·  Knowledge in: Treasury Management, Financial Control and Pay and Benefits Management
·  2 years of previous experience in a similar role

Key Competencies for the role

·  Action Orientation
·  Drive for Results
·  Peer Relationship
·  Priority Setting
·  Planning
·  Organizational Agility

Job Segment: Bank, Banking, ERP, Finance, Technology