Treasury Analyst
About the company
IWG has been at the forefront of the flexible workspace revolution for more than 30 years. We have made it possible for organisations and individuals everywhere to take a new approach to the traditional working day. We have over 3,400 locations across over 110 countries allowing millions of people every day to have a great day at work.
Our customers are start-ups, small and medium-sized enterprises, and large multinationals. With unique business goals, people and aspirations. They want workspaces and communities to match their needs. We provide them with choice through our portfolio of brands, covering serviced offices (Regus, Spaces, HQ, Signature and No18), commercial real estate brokerage and managed office solutions.
Join us at www.iwgplc.com
Job Purpose
IWG PLC Group Treasury is focused on attaining a high degree of centralization and is operating an in-house bank which acts as the primary provider of various financial services to operating units on an arm’s length basis. In carrying out this function, the Group Treasury in Switzerland is supported by a Global Service Centre (GSC) Treasury team in Manila.
As a member of the GSC Treasury team, the GSC Treasury Analyst will have the responsibility to assess day to day funding requirements for assigned countries, handle cash shortage and surplus, provide timely cash reports and should understand compliance, regulatory and controls in banking and financial environments. The position is also responsible in processing high value payments, carrying out intercompany invoicing and netting processes, managing bank accounts, and supporting bank guarantee activities.
Main Duties and Responsibilities
- Obtaining information and supporting documentation to complete KYC due diligence required by the bank for new bank account openings.
- Collaborate closely with internal teams to gather supporting documents required by the banks for annual KYC reviews
- Coordinate with Accounts Payable and Accounts Receivable teams for KYC queries from the bank pertaining to vendors and customers and related transactions.
- Coordinate with GSC Cosec team for Group Structure and documentary requirements for ultimate beneficial owner with significant control.
- Assess and provide estimated transaction volumes and amounts as part of KYC requirements for IWG entities
- Cross-reference and confirm entity documentation, using both internal and external sources.
- Can demonstrate experience of undertaking due diligence, as well as a strong understanding of banking regulations and compliance guidelines.
- Recommend and proactively implement opportunities for increased efficiency.
Other Treasury functions which may be assigned:
- Bank accounts management.
- Maintains updated Key Operating Procedures.
- Performs other duties that may be required to support the Group Treasury.
Qualifications
- Bachelor’s degree in Accounting/Finance or similar field
- At least 2 years of treasury or banking experience
- Knowledge of the international financial services industry
- BPO or Shared Service Centre experience is an advantage
- Strong analytical & problem-solving skills
- High level of attention to detail
- Excellent time management and organizational ability
- Team player with the ability to communicate and coordinate with multiple parties
- Must be a highly motivated individual. Someone who can work proactively and independently
- Must be amenable to work in a hybrid setup (twice or thrice a week onsite)
- Open to shifting schedules