Treasury Officer

Palma , Balearic Islands, Spain

Type: n/a

Category: Secretarial & Office

Requirements: English
Company: HBX Group
Region: Palma , Balearic Islands

HBX Group is the worlds leading technology partner, connecting and empowering the world of travel. Were game-changers, disruptors, the people who bring together local and global brands in accommodation, transport, activities and payments through our network of 300,000 hotels worldwide, 60,000 hard to reach high value clients such as tour operators, travel agents and loyalty schemes across 140 source markets. We are tech-driven, with a customer-first philosophy, and commercial teams whose knowledge and relationships on the ground are second to none. And of course we have an amazing team! Our people, Team HBX Group, are the beating heart of the company who we encourage to move fast, dream big and make the difference every day. In fact, we believe that it is tech + data + people that truly sets us apart in the market, alongside our global approach, local touch mentality. Were headquartered in Palma, Mallorca and employ around 3,500 people worldwide.

JOB DESCRIPTION:

HBX group holds more than 300 bank accounts opened in different currencies, countries, and banks.

Bank balances of all these accounts are received in different ways (swift, H2H, MBC, email) and consolidated daily to know our position.

With cash position and forecasted payments, Treasury ensure sufficient Liquidity to support business needs in all HBX group accounts.

To cover each balance we use intercompany Loans, and other financial products dealt with banks ( commercial risk, Bank Loans, bank guarantees)

The person we are looking for will be consolidating cash balances of the group and will manage the intercompany Loans and credit facilities with banks

Purpose:

Control and Report cash balances of HBX Group, intercompany Loans and Financial Facilities .

KPIs:

• Forecast of payments on daily basis.
• Intercomany Loans and accrued interest
• Weekly report Cash Balances and Bilaterals
• KYC process with banks
• Security administration electronic banking

Skills:

• Capable of working independently to cover tasks related with payment process based on standard procedures.
• Experience in handling high volume account portfolios and balance multiple priorities
• Ability to work in a Global based organization
• Customer focused with strong interpersonal and communication skills
• Required knowledge, to extract and analyze payment reports to be executed on frequent basis.
• 2+ years experience in a similar role
• Team Player / Strong organization.
• English and Spanish Speaking

Responsibilities:

• Accurate report and manage bank balances to ensure group cash optimization via intercompany Loans.
• Download bank balances of the group
• Coordinate with hubs and local finances if any interco cash movement is needed and ensure correct posting
• Manage accrued interest RCF/Loan process
• Creation of financial report related with bilaterals and slow moving cash
• Manage bank guarantees in favor of suppliers
• Complete required documentation by banks ( KYC Process, Account openings, ...
• Security Administration online banking, ensuring rights and profiles according to PoA.

You will have the opportunity to work for a company that is going through significant change in becoming the worlds leading travel services provider. We are looking for people that are ready to ride the wave in this exciting journey.

As well as an attractive benefits package you will be able to work:

• Within an innovative, engaging and multicultural environment.
• Have the opportunity to build strong and lasting business relationships and friendships from around the world.
• Have the opportunity in developing your career locally or within one of our beautiful working locations across the globe.

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