We Put the World on Vacation
Travel + Leisure Co. is the world’s leading vacation ownership and travel membership company, with a dynamic and growing portfolio of resort, travel club, and lifestyle travel brands. Our dedicated associates help the company achieve its mission to put the world on vacation. Innovation and growth keep our work interesting and fun. Every day is a chance to learn something new and turn vacation inspiration into exceptional experiences for millions of travelers worldwide.
The team operates the In-house Bank of TNL and manages the intercompany Netting as well as providing treasury support services for the APAC and Middle East region.
PURPOSE:
The Treasury Assistant will be part of a four person team and responsibilities include but are not limited to the following:
Daily/ Monthly procedures connected with the Treasury team specifically:
Daily cash reporting and positioning
Ensure IHB funding requests are processed on a timely basis.
Kyriba Bank Statement reconciliations
Kyriba signatory/ Account maintenance
Online Banking System Administration
Banking Administration including updating signatories, accounts maintenance and KYC compliance
Bank Fee Analysis
Exposure management reporting
Netting Compliance
Assisting with managing queries from internal stakeholders (e.g. IHB participants and Netting participants, Corporate Treasury, Finance, Accounting, FP&A, Tax, Legal etc) and external stakeholders (e.g. Bank Relationship Managers, Kyriba Treasury Management System etc)
Assisting in projects to improve the Treasury infrastructure of the IHB and support banking and cash management requirements of business units in the APAC & ME region.
The Treasury Assistant will take primary responsibility for certain activities (e.g. Daily cash reporting, Kyriba Bank Reconciliations, Banking system administration and Bank Account maintenance activities.
RESPONSIBILITY
Global In-house banking
Working as part of the team to conduct the in-house banking operations on a day to day basis. Including Daily cash management to ascertain account balances and recommend the positioning of funds for the IHB, Money Market Funds and Term Deposits. Conducting cash consolidation operations
Kyriba Treasury Management System
Performing daily bank reconciliations, managing cash position worksheets, maintaining core data including bank accounts and signatories
Banking Administration
Liaising with banking partners on account maintenance, opening and closing accounts, KYC compliance and arranging new banking facilities. Working closely with our relationship managers to resolve banking issues. Managing online banking system administration.
Assisting Treasury Analyst and Senior Treasury Analyst.
Provide support on month end and reporting tasks and projects.
Business Unit Liaison
Assisting colleagues in the business units with general Treasury and banking related queries.
Scope/Financial Responsibility
TNL / WDOS
Minimum Requirements and Qualifications
Diploma and attainment of or study for finance / Treasury qualifications
3+ years in Finance or Corporate Treasury
Understanding of international banking for APAC and ME region
Treasury Management System experience and In-House Banking experience highly desirable
Experienced in a Treasury Co-ordination centre environment required
Excellent computer skills, including but not limited to Microsoft Excel, Word and PowerPoint
Excellent interpersonal skills and good cultural awareness given the global spread of colleagues and counterparties.
Ability to work autonomously in a fast-paced environment
Unless there is a legal requirement, experience will be accepted for the education requirement.
Complexity
Level of decision making authority (nature and scope of decision-making, extent to which independent action is taken)
Level of autonomy (supervision received)
The impact of his/her decision on the organization.
What, if any, are the supervisory responsibilities? Including titles that report into the position, approximate number of direct and indirect reports.
Organizational Relationships
List any important contacts and/or relationships this position will have inside and outside of the company. Please explain the nature and frequency of these contact.
TNL Treasury reporting line
TNL President & CEO (Orlando)
TNL CFO (Orlando)
TNL SVP & Treasurer (Orlando)
Treasury Director, In-house Banking and APAC & ME (Singapore)
Senior Treasury Analyst, In-house Banking and APAC & ME (Singapore)
Treasury Analyst, In-house Banking and APAC & ME (Singapore)
Travel + Leisure Co. (Internal):
TNL Corporate Treasury
TNL Finance
TNL Tax
TNL Legal
TNL PMO
TNL IT
External:
Bank Relationship Managers
Kyriba (TMS)
360T
ICD
SWIFT
Merchant Services/ Card Relationship Managers
Where Memories Start with You
Hospitality is at the heart of all we do at Travel + Leisure Co. Here, you’ll find an inclusive environment where we deliver excellence and take time to have fun, celebrate together, and support one another. We're always looking ahead to what’s next and how we can strengthen our business, its neighboring communities, and the customer experience. Join our global team and build a career where memories start with you.
We are an equal opportunity employer, and all applications will be considered for employment without attention to their membership in any protected class. If you require any reasonable accommodation to complete your application or any part of the recruiting process, please email your request to MyCareer@travelandleisure.com, including the title and location of the position for which you are applying.