Cargill Treasury

Cargill's global scope, along with the diverse range of activity undertaken worldwide by our 60+ individual business units, demands the support of a complex, globally connected and highly effective Corporate Treasury function. The European Treasury Centre based in Cobham, Surrey is one of three global Treasury hubs, and plays a key role in the Financial Management activities of the corporation. It is a fast paced environment, which provides a unique and exciting opportunity to build relationships with colleagues and partner institutions across the world. There is daily contact with many different areas within the organisation, which provides exposure to complex business issues.

The Cash Management team has six members, and is responsible for payment and receipt of transactions, bank reconciliations, managing bank account balances, and associated record keeping and reporting. The team deals with $4.4bn of cash movement and several hundred individual queries each day. There is regular interaction with Cargill Business Units and banks all over the world. It is a fast-paced environment, where teamwork, attention to detail, and the ability to think on your feet are crucial.

Position Purpose

To perform the company's Cash Management activities in a timely, cost effective, efficient manner. Includes: payment and receipt transactions, bank reconciliations, managing bank account balances, associated record keeping and reporting.

1. Daily Cash Management 70 %

Ensure all bank account balances are kept within agreed limits.

Reconcile bank statements to internal cash management system

Generate daily funding position.

Send payments and receipt advices to banks, within deadlines.

First approval of Treasury initiated payments.

Maintain Treasury and Business Unit's client settlement database

Input of daily internal interest rates and weekly external interest rates into Cash Management system.

Daily and monthly Intercompany account report check for amount and interest rate discrepancies

2. Provide service and advice to the business 20 %

Ensure Business Units instruct payments in the most secure, cost efficient and timely manner.

Daily liaison with Financial Service Centres (FSC's) and Business Units to resolve transactional queries.

Daily liaison with banks to resolve queries, payment misdirection, charges

3. Ad-hoc tasks 10 %

Process quarterly Treasury recharges to Business Units.

Maintain good working knowledge of team Disaster Recovery procedures.

Review control processes for all Cash Management activities

Qualifications 

Required

At least A-level or equivalent standard education

Proven experience in cash management (bank reconciliations and payment/receipt processing)

Proven experience of using corporate cash management and banking systems

Knowledge of different currency clearing systems and bank back office operations

Good problem solving, communication and customer service skills

Good time management and organisational skills

Microsoft Office product skills

Good numerical and critical reasoning skills under timed conditions (to be tested before the interview stage)

Preferred

Experience working with teams across multiple regions and time zones

Experience in a large multinational corporate treasury function

Basic accounting knowledge

Foreign language skills

Knowledge of SAP or JD Edwards systems