ABOUT US

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

Grangemouth remains one of INEOS’ key sites in the UK and is home to world scale manufacturing plants – offering a unique environment in which to grow your skills, knowledge and competencies within the petrochemical sector.

We are engineering a strong future for our site, based on a highly skilled, experienced workforce and a portfolio of essential products that underpin a sustainable, low carbon future for all. We are entrepreneurial. We love to find new 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. And we’re proud to be doing this in Scotland.

We believe in offering our employees true autonomy and empowerment with a working environment that creates the opportunities for all of us to achieve our potential and to have a fulfilling professional career. We’re looking for committed and talented people to join our teams, to realise our ambitions and shape the future.

ABOUT OUR OPPORTUNITY

We are looking for a Treasury Assistant to join our Cash, Banking & Treasury team. The role responsibilities include but are not limited to cash management, cash forecasting, bank reconciliation, operational payments and receipts, collateral movements, controlling external or internal funding requirements, initiating foreign exchange deals as required, maintaining cash book and cash pool reconciliation to ledgers.

Key accountabilities

Preparation and maintenance of very detailed, high value currency cash positions, specifically for Euro, Sterling and US Dollar.
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.
Monthly intercompany settlements – forecast, build monthly report, agree netting, creating payments and settlement of payments.
Analysis of SAP payment runs to prepare correct levels of prefunding for bank accounts.
Analysis and evaluation of some banking information including bank charges, including recommendations for improvement and cost efficiencies.
Support projects and system developments as and when required.

Please note internally this position is known as a Treasury & Forecasting Analyst.

ABOUT YOU

Required:

HNC/HND in a finance related subject with experience in a similar role or significant experience in an accounting/treasury role in a complex multinational business.
Good understanding of the principles of sound internal control.
Previous treasury and/or forecasting experience.
Pro-active and self-motivating attitude with very good communication and interpersonal skills.
Ability to work to very tight deadlines.

Desired:

Previous knowledge of SAP or other ERP system.
Knowledge of 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 Private Medical Insurance, Travel Insurance etc.
Employee Referral 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.

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. For some roles the recruitment process may also include technical testing, behaviour questionnaires and/ or a delivering a presentation.

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. Some roles may also require a criminality check.

If you would like to discuss any adjustments you may require throughout the recruitment and selection process please contact opportunities.uk@ineos.com.

As an equal opportunity employer, we encourage diversity and are committed to creating an inclusive environment for all employees. We encourage applicants from all protected characteristics and commit to providing any reasonable adjustments required during application, assessment and on-boarding stages.

ADDITIONAL INFORMATION

If you were referred by a permanent member of staff that currently works at INEOS O&P UK Grangemouth please email opportunities.uk@ineos.com confirming the position you applied for and the name of the employee that referred you. Please note the employee referral scheme is only applicable for permanent vacancies.

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