Who are we?
We are an international home improvement company with nearly 1,300 stores in 10 countries across Europe, Russia, and Turkey, supported by a team of 78,000 colleagues. We offer DIY and home improvement products and services to nearly six million customers who shop in our stores and through our digital channels every week. Our customers are everyone wanting to improve their home, as well as the experts and trade professionals who help them. We believe everyone should have a home they feel good about, so our purpose is to make home improvement accessible for everyone.
What are we trying to achieve?
Our ambition is to become the leading home improvement company. We are investing in working better together, to make the most of our scale and to better serve our customers. One of the ways we’ll achieve our ambition is by developing and delivering a range of home improvement products based on customer insights that will be available across all of our 10 brands in 10 countries. We’ve started our transformation journey and are investing significantly to make our ambition a success. Over the past 18 months, we have already made great progress with new ranges already available in all our stores.
What will you be doing?
Your role as Treasury Analyst will be to support Treasury activity including Risk Management activities, involvement in projects and liaising with our Operating Companies including B&Q, Screwfix and Castorama.
Some of your key accountabilities will be Producing weekly and monthly Treasury reports, and Treasury disclosure for interim, prelim and annual accounts. You will produce interest forecasts for budget, forecast and 5YP, and variance analysis for actual interest charge. Preparation of interest slide for management accounts pack and liquidity forecast.
You will maintain a database of intra-group loans and facilities including monitoring against facility limits and renewal schedule, whilst also maintaining accurate daily liquidity forecast through discussion with group companies and central functions. It will be your responsibility to manage internal credit rating of subsidiaries to support transfer pricing policy, including liaising with Group Tax.
You will maintain an accurate database of Group banking arrangements and facilities (including trade & supplier finance and guarantees) and responsible for producing Group covenant calculations and ensuring all compliance certificate are issued in line with Group facilities. You will be working alongside our Assistant Treasurer to help with credit rating metrics and supporting analysis and prepare and undertake daily dealing positions to manage liquidity positions
How will I be able to do this?
To do this we are looking for someone with strong technical skills especially in Microsoft Excel, Word, and PowerPoint. You will be a proficient communicator, numerate, methodical and organised with a strong attention to detail. You must be a self-starter with a flexible approach to working and a willingness to engage a variety of tasks.
We would consider both part qualified or newly qualified individuals within a recognised finance qualification with previous experience working in a financial analyst role.
What’s in it for me?
Becoming part of our Group Finance function is a fantastic opportunity. We’re at the forefront of one of the largest transformations taking place in retail. To help make that a success we care about creating an environment where all our employees are engaged and empowered to do their best every day.
Alongside that, we want to be able to offer a competitive benefits package that allows our employees to feel a valued part of our team. Our Benefits package includes - A competitive salary, 25 days holiday + Bank Holidays, Bonus scheme, Shares scheme, Pension, BUPA Private Healthcare, B&Q Discount Card.