ABOUT US

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A truly global company, INEOS comprises of 36 businesses with 194 sites in 29 countries throughout the world. We also encompass a range of consumer brands and sports interests.

INEOS Grangemouth is an integrated refinery and petrochemicals centre of excellence. We are the largest manufacturing site in Scotland. Click here to find out more Grangemouth | INEOS.

We pride ourselves in offering a working environment that is friendly and welcoming, that offers employees true autonomy and empowerment and that enables everyone to achieve their goals and to have a fulfilling professional career with us. At Grangemouth and across the wider INEOS family, there are always opportunities.

Our aim, as always, is to find new, improved ways of doing things. Whether that’s through improving the energy efficiency of our plants, developing new ways of working or delivering on our net zero promises, we like to push boundaries and overcome challenges.

If you share our vision for a sustainable future; if you possess the skills and competencies to help deliver our net zero road map; if you want to play your part in the remarkable next step in the UK petrochemical sector, we’d like to hear from you.

ABOUT OUR OPPORTUNITY

We have an opening for a Treasury Analyst to be a member of the Cash, Banking & Treasury team responsible for the co-ordination of all activities in respect of the cash pools under the team’s control.

These activities include, but are not limited to, bank reconciliation, operational payments and receipts, collateral movements, cash forecasting, monitoring cash balances, controlling external or Group funding requirements, initiating payments, initiate foreign exchange deals as required, maintaining cash book and cash pool reconciliation to ledgers.

The post-holder will liaise with business controllers and CFO or Group Treasury to agree funding requirements to and from the cash pools and ensure loans and loan repayment and interest payments are actioned accordingly.

You will also assess foreign exchange requirements daily and action transactions with external banks.

Principle Accountabilities

Preparation and maintenance of very detailed, high value currency cash positions, specifically for Euro, Sterling and US Dollar. These cash positions form an accurate assessment of the expected bank balances and currency positions for the future days.
Daily management of cash-pool, making decisions based on daily activity and cash forecasts updating senior management, CFO’s and Group Treasury as required.
Identify currency surpluses and deficits and action foreign exchange and investment deals when required.
Identify funding requirements – liaise with businesses or Group Treasury to agree funding strategy.
Build cash forecast to show daily cash availability each week for the future 4 week period and prepare variance analysis week on week.
Completion of daily bank reconciliations, creating database of posting and clearing information and assisting other team members with queries as required.
Daily export and upload of electronic banking data to SAP, Initiate daily electronic banking downloads for UK and Europe.
Conduct and complete a number of treasury IT processes including running treasury end of day process, and complete actions to ensure all banking items are fully processed and posted, including in-house cash accounts.
Support projects and system developments as and when required.
Working closely and building relationship with core banks.

ABOUT YOU

You should:

Be ACT qualified or hold a HND in relevant subject with at least 1 years’ experience in an accounting role in a complex multinational busines

Have extensive experience in an accounting/treasury role in a complex multinational business
Have a good understanding of the principles of sound internal control
Have a pro-active and self-motivating attitude with very good communication and interpersonal skills
Have the ability to work to very tight deadlines

You may also:

Have previous treasury and/or forecasting experience
Have previous knowledge of SAP or other ERP system
Have knowledge of UK and European banking process and procedures

WHAT WE OFFER

34 days holiday (optional salary sacrifice to purchase up to 5 extra days)
Benefits Platform – access to discounts on high street stores etc. Discounted PMI, Travel Insurance etc.
Up to 20% Discretionary Bonus Opportunity
Scottish Widows Contributory Pension including employer contributions
Free On-site Gym
Employee Assistance Programme
Enhanced maternity leave
Salary Sacrifice Car and Cycle to Work Scheme
Ongoing Career Development

HOW TO APPLY

Application Process

Interested candidates should submit their CV via our website ineosopportunities.co.uk

Pre-screen (If applicable)

Applicants with a successful CV may be invited to an online MS Teams or telephone call to further discuss the role, the organisation and your suitability.

Formal Interview

Successful applicants will then be invited to interview which will consist of behavioural and technical questions.

Provisional Offer

If you are selected as the preferred candidate you will receive a provisional offer which will be subject to a medical assessment and reference checks.

ADDITIONAL USEFUL LINKS

Hydrogen Fuel Network Trial

Click here to find out how INEOS Grangemouth are involved in the switch to hydrogen UK Gas Network switch to hydrogen

INEOS Group

Click here to find out more about our other businesses across the globe We are INEOS

APPLY FOR THIS JOB

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