Treasury Operations Analyst at Glencore

PRIMARY TASKS & RESPONSIBILITIES:

Bank Reconciliation:

• Perform daily reconciliation of bank accounts, ensuring all balances match and discrepancies are promptly identified and addressed.
• Investigate and resolve problem items in collaboration with relevant stakeholders.

Daily Reporting:

• Produce a daily report to summarise and advise relevant stakeholders of funds which were planned but have not come in, as well as funds which were not expected but have been paid.
• Daily creation and reconciliation of Unallocated Cash Report. Proactive approach to liaise with departments to ensure cash is allocated in good time.
• Run and review Third Party APR Report daily.

Month End Reconciliation of accounts

• Reconcile all Glencore bank accounts ensuring the account balances match with SAP.
• Download and save all bank account statements to the local drive.
• Liaise closely with accounting team to ensure all entries are booked in the system before the month end close.

Audit Requests

• Ensure all audit requests are dealt with in a timely manner.
• Liaise closely with auditors providing bank statements and further information where necessary.

OTC Margin Calls

• Manage daily margin calls with counterparties who trade under ISDA/CSA, EFET and BFOE contracts. 
• Liaise with the Trade Finance team to adjust non-cash collateral as required.
• Monthly confirmation of cash collateral balances with counterparties.

QUALIFICATIONS:

• Relevant Tertiary Qualification – Degree qualified

WORK EXPERIENCE & SKILL REQUIREMENTS:

• Strong knowledge of bank reconciliation processes.
• Excellent problem-solving skills with a proactive approach to resolving issues.
• Strong attention to detail and organisational skills.
• Proficiency in MS Office, particularly Excel; experience with treasury management systems is a plus.
• Effective communication skills and the ability to collaborate with internal and external stakeholders.
• Ability to handle multiple tasks and prioritise effectively in a fast-paced environment.