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Vacancy Details

tl Back Office - Analyst - based at Canary Wharf tr
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Location: London
Position: Finance
Salary: depending on experience, minimum: £23k
Date Posted: 23 October 2019
Vacancy Type: Graduate Internship
Job Description:
 

Company: TOTAL Finance Corporate Services

Positions Available:1

Hours: Full time 35 hours

Location: Canary Wharf – Head Office

Duration:6 months

Salary: Competitive Basic Salary - depending on experience, minimum: £23k

Start Date:ASAP

Direct Manager: Deputy Head of Back Office

Direct Manager's Manager: Head of Cash Management & Back Office

Job dimensions

Daily cash flow managed by Corporate Treasury: $12 billion to $15 billion.

Management of cash, forex and financing transactions for roughly 600 affiliates worldwide.

Cash management in around 25 currencies.

Management of corporate financing (bonds and commercial papers) and of internal financing (short-term borrowings, credit lines, long and medium term loans, etc.) for affiliates.

Significant interaction (a) internally: Front Office, Accounting, Consolidation, Corporate Finance, Legal Affairs, Affiliates Financing

Operations, Tax, affiliates and (b) externally: banks, counter-parties, custodian banks, affiliates world-wide.

Depending on operational needs, the employee may work on Treasury Operations Desk or FX & Financing Desk.

Context and environment

A very high level of risk inherent in a financial markets environment (fraud, counter-party, cyber and other risks).

Stringent regulatory requirements (banking regulations, respect of international economic sanctions and compliance with Sarbanes-Oxley procedures and anti-money laundering and financing of terrorism legislation).

Required to work on public holidays when other international markets are open. Extended working hours may be required for major transactions.

This is a versatile team with flexibility to multi-task and execute autonomously a variety of high value, complex, transactions.

Key Deliverables

Under direct supervision of the team manager, contribute to the following key activities:

  • Review the cash transactions undertaken by the affiliates, from receipt of instructions through to final payment
  • Monitor intra-Group financing provided to the affiliates. Control the related interest calculations
  • Determe the daily cash position forecasts for currencies
  • Approve the forex exposure of each Central Treasury Entity and be able to analyze the variances
  • Control, confirm and validate the market transactions undertaken by the Front Office
  • Prepare and analyze bank reconciliations and resolve reconciling items
  • Contact Affiliates Financing Operations Department when preparing and implementing Group's asset purchase or selling operations (closings)
  • Monitor certain sensitive cash flows, especially to or from countries subject to international sanctions
  • Work with the Internal Control Department verify the effectiveness of the compliance documentation (Sarbanes-Oxley, etc.)
  • Participate in projects involving cash management, cash management system security and upgrades to Group Treasury IT system

Key Accountabilities:

  • Centralize and optimize Total's cash positions on a daily basis. Confirm all market transactions daily.
  • Determine and approve the forex exposure of each Central Treasury Entity.
  • Monitor and execute efficient affiliate financing/debt management.
  • Centralize, optimize and secure all treasury transactions. Prepare the activity reports by the required deadlines.
  • Recommend ways to upgrade procedures and controls and strengthen the security of financial transactions.

Key requirements:

The ideal candidate should be able to demonstrate the following competencies:

  • Bachelor or Masters degree in a Financial subject
  • Previous experience of working in finance, cash management and/or budget control, - Team player with an ability to work to tight deadlines with changing priorities
  • High level of accuracy is essential
  • Exposure to Treasury Management Systems desirable
  • French language skills desirable.
  • Ability to speak fluentFrenchwould be an advantage but not essential.

Application Process

  1. Applicants should apply with their most up to date CV only, no cover letter required at this stage.
  2. All CVs will be filtered and screened by the University of London’s Internship Team.
  3. Once the Internships team at the University have filtered and screened all the applications; they will call all the suitable applicants over the phone. Unfortunately due to the high number of applications that we receive, we can only call the most suitable candidates.
  4. Successful candidates will be notified of the application process and the next stages
The recruitment for this position is fully managed by CoSector University of London, Internships team therefore, if you have any problems with applying or questions regarding the placement, Total ask that you contact the University of London Internships team directly. Any candidates that contact Total directly will be discarded in the application process.
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