Group Treasury Analyst

At Burberry, we believe creativity opens spaces. Our purpose is to unlock the power of imagination to push boundaries and open new possibilities for our people, our customers and our communities. This is the core belief that has guided Burberry since it was founded in 1856 and is central to how we operate as a company today.

We aim to provide an environment for creative minds from different backgrounds to thrive, bringing a wide range of skills and experiences to everything we do. As a purposeful, values-driven brand, we are committed to being a force for good in the world as well, creating the next generation of sustainable luxury for customers, driving industry change and championing our communities.

JOB PURPOSE

At Burberry you will be responsible for preparing Treasury reports and delivering insightful analysis into the Group’s cash position and Treasury-related risks. This includes analysing cash flow at the entity level in local currencies, as well as providing a consolidated Group view. A key aspect of the role involves consolidating Burberry Ltd’s cash flow by currency and offering detailed analysis of foreign exchange exposures. In addition, the role includes executing foreign exchange transactions and equity swap deals with the Group’s banking partners, ensuring alignment with Treasury policy and market conditions.
There is also a continuous focus on identifying opportunities to enhance Treasury reporting, bringing practices in line with market best standards and driving improved visibility and decision-making.

RESPONSIBILITIES

• Produce Treasury reports and develop Treasury reporting to ensure they are produced efficiently
• Identify areas of improvement in reporting and develop the Treasury Management System to improve processes
• Consolidate, analyse and understand the Group’s three month cashflow forecast on monthly
• Analyse cash positions of the entities identifying funding requirements or surplus cash that can be repatriated by dividend or loan
• Work with BBS in Leeds and Hong Kong to improve the process and quality of cashflow forecasts
• Consolidate the currency cashflow forecasts from supply chain finance and FP&A to identify FX exposure and risk in Burberry Ltd
• Liaise with the local business units on the cash requirements for the following twelve months to support dividend payments or the treatment of funding requirements
• Draft dividend Step Plans for those entities which regularly pay dividends
• Support the Group FX hedging programmes by making recommendations of hedging required

• Calculate the month end close out positions for EUR and USD in Burberry Ltd

• Execute FX deals and equity swaps hedging
• Maintain and develop appropriate relationships with the banks’ Treasury desks in line with the Groups overall approach to relationship management
• Produce the monthly Treasury pack and weekly cash report
• Provide cover for the Treasury Cash Manager in their absence
• Provide ad hoc support to both Group Treasury Manager and Group Treasurer

PERSONAL PROFILE

• Graduate level or Association of Corporate Treasurers AMCT Diploma in Treasury (or other Treasury qualification) completed
• Studying for or interested in the studying for AMCT qualification (if not already completed)
• Experience of working in a multi-national corporate treasury department
• Experience of using Treasury Management System essential and TMS implementation experience and FIS Integrity use would be an advantage.
• FX dealing experience with dealing and electronic platform an advantage

Skills

• Strong communication skills – written and oral
• Strong analytical background, with close attention to detail
• Self-motivated, adaptable, able to work in fast-paced environment, solution-driven
• Good team player
• Advanced Excel Skills

Burberry is an Equal Opportunities Employer and as such, treats all applications equally and recruits purely on the basis of skills and experience.