Treasury Officer

Origin – Great homes, positive people and strong communities

Salary £40,000pa + Benefits

An inspiring past and a bright future

A home is the essential foundation for a good quality of life, so what we do every day really matters to the wellbeing of our communities. Here at Origin, we trace our roots back 100 years, building and managing high quality homes as well as providing support services and housing for those who are most vulnerable in London and Hertfordshire. We work to provide safe, decent affordable homes and support for individuals and communities.

Focused on our residents, our driving ambition is to provide services that make people’s lives easier, and homes and communities they can be proud to live in. We are ‘not for profit’ and reinvest all our surpluses back into our varied and vibrant neighbourhoods.

The role – Treasury Officer

As a Treasury Officer you will Support the Treasury and Operations Manager and ensure that the Group’s financial obligations are met while minimising the Group’s exposure to risk.

What you’ll do

KEY ACTIVITIES:

Reporting:

• Month end postings for interest and capital payments, accrued interest and Special Interest bearing (SIB).
• To monitor & report Group bank balances and provide weekly and monthly cashflow forecast with commentary.
• To prepare month end journals on all Treasury functions and assist with budgets and quarterly forecast
• To assist in the preparation of interest budgets and quarterly interest forecasts.
• To provide information for annual Statutory Accounts preparation and audit.
• To reconcile all balance sheet accounts relating to loan debt, banking and investment in subsidiaries.

Loan Management:

• To manage the Association’s loan portfolio including preparing monthly loan schedule, interest payment schedule and capital repayment schedule.
• To monitor and process all interest and capital repayments and ensure these are both settled in a timely manner and verified as correct.
• To prepare monthly covenant calculation for each funder and to ensure all covenants are satisfied.

Intercompany relationship:

• To understand the relationships between companies within the Group including intercompany interest payable, interest receivable and intercompany lending and to ensure that it is in line with the intercompany borrowing agreement.
• To transfer funds between companies within the Group ensuring that there is no breach of agreement.
• To monitor intercompany investments and to ensure that investment in, and money owed, to group companies is reconciled.
• To maintain relationship with Group’s bankers and ensure that the Groups banking needs are met which will include maintaining bank mandates, setting up and providing access to internet banking and maintaining open credit agreements with various bank branches, and other ad hoc tasks.
• To assist Treasury & Operations Manager in financial operations including assisting in statutory submissions and returns.

What you’ll need

We’re looking for someone who has:

• Degree level or equivalent.
• Current membership (student / part / full) and AAT Qualified or Part Qualified Accountant in CIMA, ACCA or equivalent.
• Previous Treasury experience is desirable.
• Understanding of social housing or other regulated sector is desirable.
• Familiar with month end, budget, forecast and year end processes.

Our Values

Our core values are at the heart of how we work

• Take the lead
• Create energy
• Build trust
• Be generous
• Stay grounded
• Remember the little things

We're committed to the wellbeing of our people and in creating an environment that promotes diversity, equity, inclusion and belonging.

Our benefits to you

• Origin’s ways of working make it easier for you to balance work and home life. You will benefit from flexible working which offers you the opportunity to work from where you are most effective, with the technology and equipment you need, as well as access to flexible space for collaborative working.
• Competitive salary of £40,000pa 
• A generous 25-day holiday allowance plus bank holidays, that increases with time, with the opportunity to buy and sell leave
• 2 additional ‘giving something back’ volunteer days
• A pension scheme with contributions from 4%-8% of your salary
• Family leave, compassionate leave and enhanced maternity pay
• Simply Health cash plan providing money back when you spend on health appointments including physiotherapy, dental and opticians
• Interest free loans to help spread the cost of a season ticket or another big purchase
• Annual staff conference, team away days and annual team meal allowance
• Access to Perk Box for fantastic savings on everyday purchases and much more
• Free employee assistance programme
• Opportunities to join staff network groups
• Refer a friend bonus

We’re also committed to ensuring that our people have access to an excellent range of learning and development opportunities including our induction programme, course sponsorship, leadership development, mentoring and talent schemes along with professional membership if it’s a requirement to your role.

Tell us your story

We are looking forward to learning about you. Please help us get to know you by sending your latest CV and covering letter detailing how your skills and experience meet the job description for Treasury Officer outlined above.

Closing date for applications: 26 May 2024

Please note that suitable candidates will be invited to interview throughout the application window and therefore the vacancy may close at short notice. However, all candidates will be advised of the outcome of their application and therefore interested candidates are encouraged to apply at their earliest convenience.