Assistant Treasury Accountant

The role

Managing cash is crucial to the success of any organisation; it’s the task of the Treasury team to ensure that the University’s cash is safeguarded, available to be used as needed, and invested wisely.

Any financial transaction in which the University is concerned – from strategic estate developments to purchasing paperclips – will involve cash at some point, and this means that the Treasury team sits at the very heart of what the University does. We work closely with different teams from across the institution, both academic and in professional services divisions, and maintain relationships with external partners – banks, investment managers and professional advisors.

We report on the cash situation to the University’s executive – this includes the cash position and the cashflows that are forecast over a range of future time periods, from a week up to 5 years and beyond. We advise on when the University needs to borrow money, and monitor compliance with the terms of the borrowing agreements.

We also look after the University’s endowment – a fund of nearly £100m that has been donated to the University over the years, and which is restricted to support specific University activities. We need to make sure that the money is invested in line with the donors’ wishes, and support budget holders as they plan how to use the available money.

What will you be doing?

As Assistant Treasury Accountant, you will supervise payment systems and processes to ensure that cash transactions are made in a timely and secure way and are recorded accurately. You will monitor the University’s bank accounts and perform bank reconciliations, and review bank reconciliations performed by other teams. You will be an administrator of the University’s online banking platforms, managing the different levels of user privilege. You will stay up to date with emerging fraud strategies and suggest ways that the University’s cash systems and controls can be strengthened in response.

You will be the first point of contact for many of the queries that have been escalated to the Treasury team from across the University. You will work with the University’s banking partners to resolve any issues that arise with payments or other systems which they maintain.

You will work with other teams in finance and from across the University to ensure that the Treasury team is sighted on significant forthcoming payments and receipts.

You will manage the accounting for the University endowment fund, advising stakeholders about how funds can be used and assisting them in planning expenditure. You will be responsible for the monthly accounting entries relating to the endowment.

You should apply if

• You love working with numbers and financial information; you have a keen eye for detail and can immediately spot if something is wrong.
• You have good IT skills – particularly with spreadsheets – and can use them to find better ways of doing things.
• You can work independently, confidently dealing with problems and coming up with innovative solutions.
• You have a bookkeeping qualification such as AAT, or are working towards such a qualification.
• You enjoy making new connections across a large and diverse organisation.

Additional information

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