Finance Intern - Receivables and Treasury Analyst

Full Time, One year internship

Hull, East Riding of Yorkshire or London, Knightsbridge

We’re looking for a Receivables and Treasury Analyst to join the INEOS Acetyls team. We need highly motivated individuals who want to be part of our growing business.

INEOS Acetyls is a global chemicals business producing acetic acid and a range of derivatives across Europe, Asia and America. We’re part of INEOS - one of the largest petrochemical companies in the world, employing around 26,000 people across 194 sites in 29 countries.

You will be based at either the London or the Hull site, which is the largest producer of acetic acid, acetic anhydride and ethyl acetate in Europe. The products produced are essential building blocks used in almost every industry, including renewable power, automotive, pharmaceuticals, coatings and textiles.

Be part of our journey to net zero

Sustainability is at the heart of our business, and we have created a road map to achieving net zero. We’re investing in this sustainable future right now; you could be part of our journey.

The opportunity

This role aims to provide the postholder with a broad understanding of the Acetyls and EtAc business by providing an opportunity to lead the daily and monthly collections cash and debt activity. This role will also lead on local credit control processes ensuring conformance to delegations of authorities (DOA’s), process and procedures as well as overall compliance with INEOS Credit Policy.

The position reports to the Global Credit + Compliance function. If you thrive on a challenge and are prepared to push yourself, then INEOS’ open and non-hierarchical approach to business will give you the opportunity to quickly develop your career. We value daily collaboration and teamwork, reaping the benefits of working on site/office based.

What we offer

Competitive salary
Discretionary annual bonus plan
Generous contributory pension
Life assurance
25 days annual leave, plus bank holidays with option to buy extra annual leave and flex 5 of these bank holidays
Ongoing career development
Wide range of benefits including discounted private medical insurance, health cash plans and high street discounts
Enhanced maternity and paternity leave
Free on-site gym will launch soon in Hull
Online health and fitness hub for employees, plus friends and family
Employee Assistance Programme offering a wide range of support services including counselling, financial support, legal services – for employees and family.
Cycle to Work Scheme
Volunteering opportunities

Key accountabilities

Liaise with respective Treasury teams at site to ensure that all cash is posted and allocated to the correct customer account daily.
Coordinate loading of bank statements through electronic interface daily.
Ensure that all relevant GL and clearing accounts are cleared daily and reflect appropriate cash allocation.
To lead the cash collection effort to meet business KPI’ and ensure that cash is collected in a timely manner so that overdue balances are kept within business targets.
Pro-actively work with customers and Commercial teams to resolve queries/disputes resulting in cash collection, escalating issues arising in a timely manner.
Ensure that credit control policies and procedures are applied in line with business policy.
Ensure that emails into the group email addresses are dealt with appropriately.
To support the Credit and Commercial functions with customer information, highlighting trends and other matters as directed.
Produce and report all KPI’s and any ad-hoc report requirements to Credit and Finance teams within agreed timelines.
To support the European Finance team with reporting and forecasting.
Provide support to the Compliance Lead on ad-hoc duties.

About you

We are looking for someone with excellent interpersonal and communication skills both written and verbal, together with effective relationship building skills. You will be a good networker with the ability to seek multiple inputs to arrive at a cohesive conclusion.

Someone who is curious and can question effectively with the ability to quantify opportunities. Strong analytical skills with an ability to extract the key issues from ambiguous data sets would be an advantage along with the ability to use MS Excel.

You will be a self-starter with a demonstrably strong work ethic with the ability to distill complex issues down to their core components.

This opportunity may be based in either Hull or London, though travel will be required between sites. If you are interested in this opportunity please apply and attach your cv and covering letter.