Payables Cash - Treasury Finance Professional

Job Req ID:  1625
Posting Date:  30-Dec-2022
Function:  Finance
Location: 

Building 31, Budapest, Hungary

Salary:  Competitive

Payables Cash – Treasury Finance Professional

 

 

We’ve always been an organisation with purpose; to use the power of communications to make a better world. You can trace this back to our beginning as pioneers of the world’s first telecommunications company. At our heart we’re a technology company with research and innovation in our bones and a desire to be personal, simple, and brilliant for our customers - those are the values we live by whilst also creating an inclusive working environment where people from all backgrounds can succeed.

 

Our pursuit of progress over the past 180 years has established BT as a strong, successful brand, with huge scale capable of achieving great things. From supporting emergency services, hospitals, banks and keeping economies around the world online, safe and secure, to delivering large scale technology infrastructure like the creation of BT Sport.

 

Today in this fast changing, always on, digital world our purpose remains true. Yet the market conditions, regulation and competition we face are tougher than ever before. So if you have the drive, optimism and resilience to help propel us forward we’ll offer unrivalled personal development, a wealth of opportunities to learn, experience new things and pursue new careers. If that’s you and what you’re looking for, we’d love you to be part of our future.

 

Why Business Unit/Function

Corporate Units

 

Our corporate units enable our customer facing units to deliver our strategy and plans for growth. We shape and steer the direction of the business by managing our people, finances, shared services and buildings. We also oversee our legal, regulatory and compliance obligations too. 

 

Corporate Units play an integral role in setting and delivering our strategy and partnering with our business units in their plans for growth. We shape and steer the direction of the business by managing our people, finances, suppliers, shared services and buildings. And if that’s not enough, we also oversee our legal, regulatory and compliance obligations too.  A career in the Corporate Units is close to the strategic action and never dull.  We exist as four centralised teams – Finance, Strategy and Business Services, Human Resources, Legal, Company Secretary and Regulatory Affairs and Corporate Affairs. 

 

Finance, Strategy & Business Services - We take care of BT’s finance requirements, buildings and facilities services, and shared services. 

 

Why this job matters

Payables Cash Team – Treasury subteam is responsible for communication with bank, payment authorisation, bank guarantees, statement upload, bank user management and ensure due dates, policy and regulatory requirements are met.

 

 

What I’ll be doing – your accountabilities

Skills required for the job

  • Supports or reports financial performance of defined business area.
  • Works primarily under supervision, but prioritises work stack and adapts to changing priorities. Responsible for personal output with autonomy to plan and execute own work.
  • Perform all Treasury related activities according to the schedule set by in-country team:
    o Preparation of payment forecast
    o Execution and approval of payments
    o Fund requests
    o Missing statement follow-up and manual upload

o BNP user management

o US support

o Execute and review controls

o Provide audit materials, reporting

o Create and modify bank guarantees

  • Ensure manuals/documentations are up to date.
  • Take full ownership of issues and queries and ensure they are fully resolved in an efficient and effective manner, and according to agreed SLAs.
  • Identify and implement ways to improve working processes within the area of responsibility
  • Ensure internal requesters are provided with adequate and accurate financial information on a timely manner
  • Comply with all company mandatory requirements and policies

 

You demonstrate and apply a thorough understanding of financial statements and accounting principles, procedures and systems. You build your expertise in at least one functional area.

You build and apply your understanding of the end-to-end process to which your own role contributes. You assess interdependencies across teams to coordinate with others.

  • Result-orientation

Focusing on the objectives and the required outcomes of the processes during delivering a service

  • Teamwork

Working with a cooperative and positive attitude in a group settings to achieve common goals

  • Logical thinking

Ability to comprehend and to systematically organize the various aspects of a problem or situation

  • Proactivity

Acting in advance of a future situation, e.g. making things happen, putting energy to solve the situation

Connected leaders behaviours

Experience you would be expected to have

 

Preferred:

  • Financial studies/experience
  • Oracle
  • Excel