Treasury Associate, GESS - Global Capability Center

Description

About Alvarez & Marsal 
Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity - are why our people love working at A&M. 
The Team 
The Treasury team plays a key role in developing and implementing the firm’s treasury strategy and managing financial risk across the region. The team is responsible for the day-to-day management of all bank accounts across Europe, the Middle East, South Africa and the Caribbean.
We are seeking a Treasury Associate to join the new Treasury team in New Delhi. Initially, this team will consist of two Treasury Associates and a Treasury Manager, with plans for further expansion. The New Delhi team will be an integral part of the wider EMEA Treasury Team, which is currently based in the London office. The EMEA Treasury Team includes the Head of Treasury, two Treasury Managers, and three Treasury Associates. As part of this new team, you will have the opportunity to work closely with a diverse and dynamic team, including members from different regions, to support the firm’s treasury functions. This collaborative culture ensures strong integration with the global team, as you will be engaging with colleagues from across the EMEA region and beyond. You will work closely with the Operational Treasury Manager in London, collaborating on processes, and ensuring effective treasury operations. This role offers a great opportunity for growth, with the potential to take on additional responsibilities as the team evolves.

How you will contribute

1. Banking & Account Management:

• Perform daily bank reconciliations for over 200 multi-currency bank accounts, ensuring accuracy and resolving any discrepancies or unknown transactions promptly.

  
  

• Post daily transactions into the accounting system to maintain up-to-date financial records.

  
  

• Track and update standing orders, direct debits, and ensure proper management of all payments.

  
  

• Maintain up-to-date bank mandates and assist with any required updates.

  
  

2. Month-End Reporting:

• Run reports related to month-end closure procedures for each bank account.

  
  

• Provide monthly payment details to European accounting providers.

  
  

• Save bank statements as PDFs and send them to external accountants as part of statutory reporting.

  
  

• Perform ad hoc month-end tasks, including preparing reports on bank charges and other treasury-related activities.

  
  

3. Treasury Support & Compliance:

• Respond to queries and requests from auditors, external accountants, and internal stakeholders across the UK and Europe to support statutory and regulatory reporting.

  
  

• Ensure compliance with internal controls, regulatory requirements, and company policies.

  
  

• Set up bid bond requests and manage the tracking of expired bonds, ensuring proper compliance.

  
  

• Provide support for the treasury managers in ad hoc duties, including data analysis, reporting, and process improvement initiatives.

  
  

4. Team Collaboration & Process Improvement:

• Collaborate with the Treasury Manager and other team members based in New Delhi and London to ensure consistent and efficient treasury operations.

  
  

• Assist in identifying and implementing process improvements to streamline operations and enhance efficiency.

  
  

• Work closely with the wider EMEA team to ensure alignment on treasury strategies and practices.

  
  

Qualifications 

• 3-8 years of experience working in a treasury role, ideally with some exposure to multi-currency banking and reporting.
• Good understanding of general ledger accounting, with the ability to ensure financial records are accurate and compliant.
• Advanced Excel skills, with experience managing and analysing large datasets is desirable.
• Exceptional organisational skills, with the ability to work under pressure, prioritise tasks, and meet tight deadlines.
• Strong communication skills, with the ability to engage effectively with international teams, senior leaders, and external partners.
• Previous experience using SAP is desirable.
• A proactive and detail-oriented mindset, with a focus on accuracy and continuous improvement.
• Fluency in English is required.

Your journey at A&M 
We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.  We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.