Treasury Analyst

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- Folkestone Hybrid

At Saga we recognise that our people make us special. We believe our colleagues deserve rewards for the excellence they demonstrate every single day, that's why we have put together an amazing benefits package for all colleagues.

BENEFITS AVAILABLE FOR THIS ROLE:

• 25 days holiday + bank holidays
• Option to purchase additional leave - 5 extra days
• Pension scheme matched up to 10%
• Company performance related annual bonus
  - Up to 5%
• Colleague discounts including family discounts on cruises, holidays and insurance
• Range of reductions and offers from leading retailers, travel groups and entertainment companies
• Enhanced maternity and paternity leave
• Grandparents leave
• Income protection
• Access to Saga Academy, our bespoke learning platform

Treasury Analyst
Salary £30,000 to £36,000 depending on experience
Permanent
Hybrid / Folkestone

Working as a Treasury Analyst here at Saga you will be key to looking after the financial health of our organisation by mitigating risks, keeping assets safe and returns optimised. It is truly a very critical role sitting in the fast-paced operation of Treasury and is a central point of contact of a small dynamic team.

Our Treasury department manages the Group’s cash, debt, currency and commodity hedges and investment strategy. We are an Enterprise function and have internal stakeholders across the Group and external stakeholders including lenders and auditors.

We work in a hybrid way at Saga both at home and in the office. In this team we work mainly from Folkestone, Kent alongside home-working.

The Treasury Team’s objective is to look after the financial health of our organisation by mitigating risks, keeping assets safe and returns optimised. As a Treasury Analyst, you’ll play a critical role in the daily operation of Treasury and be a central point of contact within a small team.

You’ll support the management of the Group’s cash, debt, currency and commodity hedges and investment strategy. Working closely with colleagues across Finance and Group Professional Services, you’ll assist with Treasury operations, reporting and banking activities while developing strong relationships with external partners including banks, financial service providers and auditors.

In this role, you will:

• Manage Enterprise-wide cash balances each day, ensuring there are no overdrawn balances and that surplus funds are invested in line with policy, ensuring regulatory capital is ring fenced where required.
• Ensure all bank transfers are accurately recorded in the general ledger (Workday).
• Assist with implementation of process improvement and automation of daily processes, especially cash management.
• Complete FX settlement on behalf of the Travel business, in line with Group policy, including coordination and trading of weekly requirements.
• Prepare and process manual payments, including coordination of the authorisation process.
• Maintain the bank account register, monitor account usage and support the opening, amendment and closure of bank accounts as business requirements evolve.
• Lead online banking and portal administration, including maintenance of user and contact lists.
• Take ownership of bank mandates, coordinating changes with the Company Secretarial Team and various banks, and maintaining a master database.
• Assist with month-end Treasury processes, such as FX reconciliations, intercompany funding transfers and preparation of Treasury reporting.
• Act as a key point of contact for our banking and other partners, with responsibility for KYC requests.
• Manage the Treasury inbox, providing appropriate responses in a timely manner and escalating queries where appropriate.
• Support ad hoc projects and tasks as required.

We’re looking for someone with strong communication skills who can act as one of the primary points of contact within a small team and communicate directly with internal and external stakeholders.

You’ll have:

• A sense of urgency, with the ability to role‑model the Saga value of "Make it happen".
• The ability to work autonomously.
• Excellent accuracy and the ability to self-review,…