Cash and Bank Analyst

The Hut Group

Manchester, GB
  • Job Type: Full-Time
  • Function: Accounting/Finance
  • Post Date: 06/07/2021
  • Website: thg.com
  • Company Address: Voyager House, Chicago Avenue, Manchester, M90 3DQ

About The Hut Group

THG has grown from a start-up business to a global digital commerce group, fast becoming one of the world’s leading beauty and wellbeing online retail organisations.

Job Description

THG is one of the world's leading online beauty and wellbeing retailers, home to premium brands such as Zavvi, lookfantastic, ESPA, GlossyBox, and Myprotein; all of which are powered by our industry-leading and award-winning technology platform, THG Ingenuity. Our 4,500-plus employees represent 66 nationalities and work in offices located in 11 cities around the globe.

Our culture is fast- paced and unique, we recognise great achievements with great rewards. To support our ambitious growth, we are looking for commercially astute, ambitious individuals that can bring fresh and innovative thinking to THG and play a part in driving the Group forward on its truly exciting journey. THG believes in the power of meritocracy. We invest in the development of our people to help everyone achieve their full potential.

About the Division:

Finance at THG is a rapidly growing and evolving team, covering all areas of finance from central functions such as accounts receivable and payable, treasury, tax and internal audit, to specific commercial teams for each of our divisions; Beauty, Tech, Consumer, Health and Brands. As the business expands and takes on new challenges in the form of acquired businesses or new ventures, finance is there to support every step of the way, leading to dynamic and challenging roles – no two days are the same! Common characteristics among our team are the ability to drive change, adaptability and resourcefulness, to ensure we can keep pace with the business, without compromising on financial control or sales performance.

About the Role:

    Assisting with the timely and accurate completion of all payments from the various group bank accounts within the team
    Using various payment methods, prepare and check payments in numerous currencies performing role of 1st approval and then providing payment runs to finance in a timely manner to allow 2nd approvals to be completed
    Ensure all cash transactions from the bank are correctly uploaded into the SAGE ERP system within agreed timescales
    Ensure all payment cut-offs and SLA’s are adhered to and being responsive to urgent requirements from within the group
    Assist the team to download and import of bank statements and daily reporting requirements
    Perform reconciliations and resolve issues on a timely basis
    Management of cash positions.
    Investigate and resolve reconciliation items on a timely basis, escalating internally when required
    Create a culture of pro-active process improvement within the team specifically minimising manual and time-consuming processes and replacing with effective automatic controls.
    Liaise with banks, suppliers and internal AP/finance teams regarding payment and allocation queries.
    Operate flexibly as part of the wider payments team, providing support and solutions to other colleagues and team members.

Requirements

    Good mathematical and analytical skills
    Cash Payments within a global organisation and dealing with differing international payment methods
    Passion and enthusiasm to learn with a ‘can-do’, self starting attitude
    High level of inputting accuracy
    Proficient in Microsoft Outlook, Excel and Word

Benefits

    Competitive Salary
    Company Discount Scheme
    Company Bonus

Related Jobs

German eCommerce Executive - THG Ingenuity

The Hut Group - Manchester, GB

Multilingual Customer Service Advisor

The Hut Group - Poland

Inbound Customer Service Agent (full time)

The Hut Group - Lindon, UT, US

Head of eCommerce Trading - THG Ingenuity

The Hut Group - Manchester, GB

eCommerce Trading Manager - THG Ingenuity

The Hut Group - Manchester, GB
Disclaimer: Local Candidates Only
This company does NOT accept candidates from outside recruiting firms. Agency contacts are not welcome.