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Treasury Cashier

Date: Feb 27, 2019

Location: Watford, United Kingdom

Company: KPMG UK

AutoReq ID142547BR
Job TitleTreasury Cashier
CountryUnited Kingdom
FunctionKPMG Business Services
Service LineFinance
Service Line InformationWith a turnover in excess of £1.5 billion and a payroll of close to 16,000 partners and staff across UK offices, our Finance team covers a huge spectrum of work. It spans everything from being closely involved in supporting the organisation's business strategy to tightly managing critical business functions like employee payroll, expenses, accounts payable and billing.

KPMG OverviewKPMG is part of a global network of firms that offers Audit, Tax & Pensions, Consulting, Deal Advisory and Technology services. Through the talent of over 16,000 colleagues, we bring our creativity and insight to our clients’ most critical challenges.
With offices across the UK, we work with everyone from small start-ups and individuals to major multinationals, in virtually every industry imaginable. Our work is often complex, yet our vision is simple: to be the clear choice for our clients, for our people and for the communities we work in.

Job DescriptionOverall Purpose of Job:

- Responsible for control and reconciliation of all bank accounts under treasury management, and report reconciliation status to Head of Treasury monthly
- Interact with key work areas, understand their systems and procedures
- Handle all queries passed to treasury by the Finance Helpline
- Export cash book entries to the general ledger
- Act as “back office” for treasury transactions checking confirmations against deals and reporting anomalies
- Control payments made in error, placing “stops” on cheques and recalling BACS payments
- As a point if contact for our bankers, HSBC, liaise with them and be aware of changes that may affect KPMG
- Partake in cross training within the section as required resulting in general awareness of compliance, risk mitigation and other external factors that may affect KPMG from a treasury viewpoint.
- Support new projects being undertaken by treasury.
- Provide input to new procedures and systems by helping with development and implementation.

Main Duties and Responsibilities:

- Be responsible for the control of all bank accounts managed by treasury for KPMG, ensuring that all entries are posted and are allocated to the correct general ledger code. Reconciliations, with explanations of any reconciling items to be provided to the Book keeping manager within 1 working day of month end. Ensure compliance with regulations regarding bank accounts and cash transactions. To provide the same service for all non KPMG entities, e.g. IFRG Ltd, within the service level agreements in place.
- Interact with key work areas including Accounts Receivable and Accounts Payable. Have a good understanding of their systems and procedures, and the impact they have on each other, in order to provide best practice within Treasury. Identify improvements that can be made to the workflows between the sections on an ongoing basis.
- Handle all queries directed to the Treasury team from the Finance Helpline. Seek feedback from and ensure client satisfaction when resolving these queries.
- Ensure all entries on the cashbook are exported to and correctly reported in the general ledger on a timely basis.
- Act as the “back office” for treasury checking all confirmations against deals as recommended by Internal Audit.
- Control payments and voided payments in respect of placing “stops” on cheques and recalling BACS payments.
- Carry out daily cash management, updating reports, placing overnight cash on deposit and selling currency when required using 360 Trading platform
- Ensure the integrity of the cashbook databases by carrying out regular housekeeping of data. This requires basic knowledge of databases and their maintenance.
- Partake in regular cross training within treasury including sharing of knowledge and information. Ensure compliance training including money laundering training is up to date, and take responsibility for keeping up to date with internal and external factors, and regulatory and legislative requirements that may impact upon treasury procedures.
- Support all projects undertaken by treasury, providing input and sourcing information as requested.
- Provide input to new procedures and systems by helping with development and implementation. Be involved in the implementation and testing, making recommendation for change where necessary.
- Liaise with the bank regarding any changes to their systems that may affect KPMG, and share this information with the rest of the team.

Key Aspects:

The post holder should have a good all round knowledge and experience of banking procedures, preferably received within a treasury section or banking environment, excellent eye for detail and be comfortable working with large volume of data and high value of funds with a calm and professional manner. Double entry bookkeeping skills and excellent PC user skills are a key requirement. They will also need excellent communication skills, the ability to communicate with partners as well as all levels of staff. They should be able to work to set deadlines with the minimum of supervision.


This role can be done on a part time (0.6 FTE) however the hours will need to be spread over 5 days.

Our Deal

Flexible Working

Our employees have many varied work schedules to suit their individual needs!

Our intelligent working options range from role sharing and flexible start and finish times, to home working and more informal arrangements agreed within teams.

Check out examples of KPMG employees enjoying different working patterns on our website and please do share your own individual requirements with us.

Applying with a DisabilityAs a member of the Business Disability Forum we're committed to ensuring a great experience for colleagues with a disability. Should you be successful after the initial application stage, please discuss any adjustments that you may require with your recruitment contact.

KPMG's commitment to diversity

We are proud of the value we place on individuality. We want you to bring your full self to work and maximise your potential. KPMG is a place where everyone can thrive, whatever their gender, ethnicity, disability, sexual orientation and socio-economic background.

Policy for Agencies

KPMG has a commitment to sourcing candidates directly and as such we do not accept speculative CV’s from agencies. Please check here to see our policy on agencies: Policy

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