Treasury Loan Officer with ref. JT_LO_1532616799

KennedyPearce are currently recruiting a Treasury Office on behalf of a housing company based in the central of London.

KEY ACTIVITIES:

Reporting

Month end postings for interest and capital payments, accrued interest, capitalised interest, property and fixed asset sales, HSL, Special Interest bearing (SIB) and money market transactions;
To monitor & report Group bank balances;
To provide monthly Group Cashflow Statement and commentary for Management Accounts;
To prepare annual group cash budget and forecasts;
To provide weekly, monthly and yearly cashflow forecast with commentary;
To provide information for yearly Statutory Accounts preparation;
To reconcile all balance sheet accounts relating to loan debt, banking, investment in subsidiaries and property sales.

Loan Management:

manage the Association's loan portfolio (of at least £250m) including preparing monthly loan schedule, interest payment schedule and capital repayment schedule;
To monitor all interest and capital repayments and ensure these are both settled in a timely manner, and verified as correct;
To produce a 30-year loan repayment schedule on a quarterly basis;
To prepare monthly covenant calculation for each funder and to ensure all covenants are satisfied;
To prepare annual covenant compliance returns for all lenders accurately and timely;
To produce projected gearing forecast schedule to ensure that gearing is not breached over the next 36 months;

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

You will need a minimum of 2 years treasury experience at a Part Qualified level.

The role is paying up to £37k pa