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Job Details

Salary: Competitive
Hours: 37.5 per week, Mon - Fri
Location: Crawley
Contract: Permanent
Closing Date: 29th January 2021

Many of our staff at Virgin work flexibly and in many different ways, including part-time, different core hours or remote working. Please talk to us at your application or interview stage about the flexibility you need. We can't promise to give you exactly what you want, but we are happy to explore what's possible for the role.


In a nutshell

At Virgin Atlantic, we’re just as passionate as we’ve always been about becoming the most loved travel company. It’s been an uncertain year, for us, for everyone. There’s been ups and downs, some successes, and some sadness. One thing we know for sure – this year has shown that when we combine our brand with the power of amazing people, we make something truly magical.
Virgin Atlantic is still proudly flying, creating the same fabulous flight experience we’re famous for, and we’re busily laying the foundations for a profitable future. We know that the right people are key to creating success – so we’re looking for someone brilliant to join our team and help us achieve our vision. Perhaps that’s you? We’d love to find out.
In this role you will improve strategic decision-making, communication and planning capability of the Corporate Finance function and across the wider organisation.
The role will cover all areas of Back Office Management. In particular, the individual will be responsible for leading the day to day activities of the back office, providing an independent check to the Front office, and providing advice to the wider business around Treasury process and controls. The role will propose and deliver high quality analytical solutions to improve insights, deliver efficiencies and streamline processes within the Corporate Finance function.


Day to day

PLANNING, ANALYSIS AND REPORTING FRAMEWORKS
  • Develop efficient planning and reporting frameworks and processes and minimise complexity whilst providing clear, concise, accurate and insightful output.
  • Design, develop and document user-friendly tools to support day-to-day treasury operations processes, monitoring and compliance activities
  • Design, develop and document coherent and consistent KPI and budget performance reporting dashboards for the wider Corporate Finance function
  • Provide technical and other support for projects as needed
  • Facilitate a collaborative work environment
  • Assist in implementing processes, reporting and systems arising from transformation activities
PROCESS AND SYSTEM DESIGN
  • Support Treasury processes review and work with Treasury and Finance process owners and subject matter experts to understand, collect and document detailed business requirements
  • Support Bank Account rationalisation project
  • Understand and document key capabilities of BELLIN or new vendor application and identify how Treasury’s trade Execution, Trade Capture, Post Trade, Clearing, Risk, Compliance, Accounting, Cash
  • Management and Settlement Processes would be enabled through the application
  • Work with vendor and Treasury SMEs to lead on design of “To Be” processes and instruments that support all risk, cash management, compliance and operations requirements, including trade entry and all aspects of clearing and settlement for the range of cash and derivative products which are executed by the Funding and FX desk.
  • Determine design to meet regulatory requirements at execution and post trade reporting and collateral management obligations of bilateral products
  • Determine operational approach for interim state including training new Back Office employees, BELLIN legacy system setup, any feed/interaction with the same downstream systems and future design of BELLIN or New Treasury Management System (TMS) provider
  • Engage in external benchmarking (other corporate clients). Adopt and implement industry standards to embed best practices for chosen processes and technologies. Research, understand and document best practices. Identify any configurations/customisations required to support “to be” processes and/or address gaps in functionality in vendor software
  • Apply “Straight Through Processing” concepts to all “To Be” processes
  • Ensure timely trade capture in internal system(s), process lifecycle events (rate resets, accounts setup, etc.) and resolve reconciliation issues in a timely manner
  • Work with internal (e.g. Finance, Cashbook and Auditors) and external (e.g. Banks, Trade counterparties, Suppliers, Vendors) to ensure all problems/issues are identified and actioned in a timely manner
TEAM AND PEOPLE
  • Coaching wider team to enhance technical skills and embed “systems mind-set”
  • Encourage best practice in model, reporting and systems design
  • Providing support to wider Corporate Finance function on model design and development practices
  • Create capacity in the wider team through development of improved reporting, dashboards, operational tools and processes
  • Contribute to the operational and behavioural objectives of the team and organisational engagement
FUNDING & CAPITAL MARKETS
  • Provide end-to-end support to Senior Treasury Manager on all corporate, aircraft and engine financing activities
  • Maintain all documentation to support investment, hedging and cash management activities
  • Support funding products and strategies including local market liquidity, regulations, and tax
  • Maintain a register of the Group’s collateral pool, value and encumbrance
COMMUNICATION:
  • Effective & Clear communication with internal and external clients. If you are a great communicator (both written and verbal) who is influential and builds good working relationships internally and externally.


About you

  • Fully or part qualified AMCT, ACA/CIMA, CFA with relevant experience.
  • Proven experience working treasury or a related area.
  • Financial modelling experience.
  • Skilled in report design, requirements gathering and testing.
  • Highly developed problem solving skills.
  • Strong and well-structured written and verbal communication.
  • Able to manage a variety of different stakeholders & building rapport.
  • Evidence of working with databases, visualisation software, automating reporting/processes etc.


Be yourself – Our differences make us stronger

Virgin Atlantic are committed equal opportunities employers and positively encourage applications from suitably qualified and eligible applicants regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status, pregnancy and maternity. Diversity brings strength which is why we strive to provide an inclusive environment where individuality is celebrated, and we can ignite the potential of our forward-thinking mix of people.

Please be aware as part of our recruitment process we may look to use a variety of resourcing tools to help us understand your skills and experience in relation to the role you have applied for. These may include application questions, video interviews or online testing. Please feel free to contact us at recruitment@fly.virgin.com if there are any reasonable adjustments to our process that you would like us to consider, for example use of hearing loops, sign language interpreter etc. Please don’t hesitate to reach out if there are any issues preventing you from being at your best during your application or assessment process. Any issues raised after your assessment is completed or once a decision has been made will be too late for us to consider within our process.

You'll be assessed against our values for a selection of your interview process, learn more about them here: Our Values