Treasury is a corporate function which sits within the WTW Global Finance organisation. We are a team of 30 people working across 4 Treasury hubs - UK, Netherlands, US and Philippines.
Several project roles have been created in support of our Treasury transformation project, Project Atlas, which encompasses numerous project deliveries over the next 12-18 months. The core elements of this project are the continued integration of our Treasury Management System (TMS) IT2, a wide scale restructure of our bank accounts, and the implementation of a comprehensive cash forecasting framework.
The Treasury transformation project is integral to the future of the WTW business, and will leverage a global Cloud Oracle roll out, which is planned for a phased delivery over the course of 2020 - 2022.
This role in particular will be responsible for project managing the bank account restructure programme
Manage the transition of banking activity for UK Financing / Corporate entities to preferred banking partner in conjunction with the Treasury Operations team
Ensure that the relevant controls are in place prior to transition and ensure effective communication with the relevant stakeholders
Document existing and target state bank account structure - pre and post transformation project
In conjunction with Group Treasury team, research and document the intercompany settlement solutions which are currently in place to support our bank account structure
Coordinate review of future settlement options with the relevant internal teams
Filter any anticipated outcomes into the Treasury Change Request Framework
Document sweeping structures / cash pools
Establish country database
Develop a Treasury country database in conjunction with Treasury Operations team, detailing relevant Treasury data to support planning and decision making
Focus on countries with high proportion of own funds to coordinate with Treasury cash initiative
Highlight key focus areas for Treasury to develop a Trade banking solution
Outline use cases and Treasury solutions for Group payment eco systems, comprising of Trade / Non Trade and Oracle / Non-Oracle
Embed solutions in Treasury BAU process to ensure the team adopts a consistent approach when advising on Treasury solutions
Communicate with relevant stakeholders
Develop an 'on-boarding' pack to effectively gather information from local countries up front
Manage direct Treasury international initiatives and leverage the Global Oracle project to restructure the global bank account landscape in line with Treasury objectives
Coordinate with Treasury Operations to reduce the volume of banks and accounts
Triage process for maintaining banking partners / bank accounts
Document exceptions in country database
Coordinate with the UNIFY Global Oracle project and centralised payments team (Group Financial Services initiative) to understand project dependencies, and solution design requirements
Leverage country database to develop and implement regional banking solutions.
Complete a gap analysis to identify countries where we lack coordination, and identify potential opportunities for consolidation.
Coordinate with regional finance teams to deliver local country solutions including; requirements gathering, solution design, bank portal setup, testing, training,user documentation and business readiness activities
Coordinate with dedicated bank project teams to implement Treasury banking solutions, as well as exploring enhanced banking solutions (e.g. virtual accounts, POBO etc)
Coordinate with the Group Treasury Company (GTC) to implement appropriate sweep / cash pooling structures to facilitate upstreaming of own funds to Treasury
Coordinate and communicate with relevant business partners and stakeholders
Provide submissions and progress updates in line with the programme's Project Delivery Framework.
Previous Project Management experience within a Bank or Corporate Treasury environment (Corporate environment preferred)
Previous experience of Bank account restructuring
Exposure to full project lifecycle delivery including requirements gathering, solution design, build, testing and Go Live management
University qualification and/or studying towards AMCT (ACT's Certificate in International Cash Management would be beneficial)
Ability to effectively communicate with a range of stakeholders
A self-starter who is proactive, deadline driven and able to self-manage
Ability to remain flexible to changing business, project and ad-hoc requirements.
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