Our client is looking for a new Deputy Treasury Manager to join their growing finance team! This role can actually be done fully remote, or with a hybrid solution in Malta if preferred.
Who Is Our Client?
Founded in 2012 our client offers the latest innovative technology within the iGaming industry. They are a dynamic team of over 250 employees, distributed all over the globe.
Position Summary
Supporting the Head of Treasury in providing a professional service to all internal and external stakeholders ensuring that all transactions, controls and reports are completed accurately and in an efficient manner. This is a highly visible role with exposure to senior colleagues across the business.
You’ll be a highly motivated individual with an analytical mindset who consistently achieves results even under challenging circumstances.
Key Responsibilities
Front Office
Ensuring daily bank, wallets and PSP balances are up updated, monitoring cash balances and determining cash requirements.
Reporting cash variances to the Head of Treasury for decision making or resolve based on delegated authority.
Controlling payments outflow and compare actual x forecasted.
Assisting in the development of medium- and long-term regular cash flow report setting out summary bank and PSP balances together with expected settlement dates and forecasting of cash availability and oversee the update and maintenance of such reports on a regular basis.
Responsible for the end-to-end management of financial due diligence over the lifecycle of PSPs including ensuring that settlement agreements are adhered to.
Liaising with internal stakeholders including compliance and external stakeholders such as PSPs, banks and other non-bank financial service providers as required.
Middle Office
Supporting bank account administration, from opening new accounts to keeping authorised signatures and payment platform authorizers up-to-date and in line with key controls.
Covering and managing all the payment processes within the business (Payment Factory), including ensuring Proof of Payment process is standardized and weekly payment runs are managed efficiently.
Driving the development of robust procedures relating to the on-boarding of PSP/EMI wallets/Banks (and drive the implementation of such procedures), develop other processes and procedures relating to cash management and reporting including but not limited to payment approval processes, approval and tracking of payment requests, follow-up of PSP settlements, etc.
Back Office
Supporting all treasury projects including but not limited to the automation of PSP and Bank transaction reconciliation and balances (Aurum software implementation) and payment processing/authorisation.
Overseeing the process of regular reconciliation and recording of PSP and Bank account balances on a timely basis. Oversee the investigation of all open items resulting from such reconciliation.
Keeping up to date with market trends and recommend FX risk hedging as appropriate.
Support the implementation of regular treasury reporting.
Accounts Receivable
Managing outstanding balances due from PSPs, regularly confirm balances due, track, report and escalate non adherence to settlement agreements and liaise with legal/PSP team as part of first line of defense against credit risk.
Maintaining reporting on PSPs risk matrix including non or late settlement default.
Preparing credit risk report on balances outstanding with banks, wallets, PSPs and other financial service providers and distribute same as part of the treasury suite of reports.
General Administration
Assisting the Head of Treasury in assessment, interview, and onboarding team members, products and resources.
Guiding and oversee other Treasury team members as considered necessary by the Head of Treasury.
Requirements
Strong attention to detail and an ability to organize multiple streams of work; keep things on track while consistently meeting tight deadlines.
Self-aware, reflective, able to learn from mistakes, open to critical feedback, and an ability to learn quickly while on the job and through formal training.
Excellent interpersonal skills and able to communicate effectively, both verbally and in writing, with a wide range of people at all levels.
Ability to work quickly, accurately and consistently when under pressure.
Initiative and motivation to address issues without being asked to do so and a pro-active approach.
Corporate Treasury experience at a multinational, with good technical knowledge of Cash & FX Management as well as Middle & Back Office processes (payment inclusive) and Banking documentation.
Strong written and spoken English to a professional level.
