Group Treasury Analyst

At Burberry, we believe creativity opens spaces. Our purpose is to unlock the power of imagination to push boundaries and open new possibilities for our people, our customers and our communities. This is the core belief that has guided Burberry since it was founded in 1856 and is central to how we operate as a company today.

We aim to provide an environment for creative minds from different backgrounds to thrive, bringing a wide range of skills and experiences to everything we do. As a purposeful, values-driven brand, we are committed to being a force for good in the world as well, creating the next generation of sustainable luxury for customers, driving industry change and championing our communities.

JOB PURPOSE

As our Treasury Analyst, you'll be responsible for the accurate analysis of Burberry's Group cashflow (both at entity and group level), transacting of foreign exchange deals and providing insight to the business on Group Cash and Treasury risk.

RESPONSIBILITIES

• Consolidate, analyse and understand the Group's three cashflow forecasts on a monthly basis
• Analyse cash positions of the entities identifying funding requirements or surplus cash that can be repatriated by dividend or loan
• Working with the wider Finance team to improve the process and quality of cashflow forecasts
• Liaise with regional businesses on requirements for the following twelve months to support dividend payments/funding requirements.
• Draft dividend Step Plans for those entities which regularly pay dividends
• Consolidate the currency cashflow forecasts from supply chain finance and FP&A to identify FX exposure and risk in Burberry Ltd
• Support the Group FX hedging programmes by making recommendations, execute FC deals and equity swaps hedging
• Calculate the month end close out positions for EUR and USD in Burberry Ltd
• Maintain and develop appropriate banking relationships with Treasury desks
• Produce the monthly and weekly Treasury packs, while identifying, developing and improving Treasury reporting
• Monitor counterparty credit ratings on an ongoing basis including detailed quarterly review
• Work with the Treasury Cash Manager to develop reporting from the Treasury Management System to improve processes
• Ensure Treasury operations comply with appropriate Group Treasury policies and manage the reporting/ communication of any breaches to the Treasury Controller and Group Treasurer
• Provide cover for the Treasury Cash Manager in their absence

PERSONAL PROFILE

• Experience of working in a multi-national corporate treasury department
• FX dealing experience with dealing and electronic platform
• Graduate level or Association of Corporate Treasurers AMCT Diploma in Treasury (or other equivalent qualification)
• Studying for or interested in the studying for AMCT qualification (if not already completed)
• Experience of using FIS Integrity Treasury Management System an advantage
• Strong communication skills, both written and verbal
• Strong analytical background, with close attention to detail
• Self-motivated, adaptable, able to work in fast-paced environment, solution-driven
• Good team player
• Excel proficiency

Burberry is an Equal Opportunities Employer and as such, treats all applications equally and recruits purely on the basis of skills and experience.