Treasury Assistant - Bank Guarantees

Treasury Assistant - Bank Guarantees

ADB Safegate

Zaventem, Belgium

As Treasury Assistant, you will play a pivotal role in supporting the Group Treasurer in the day-to-day operations of the Treasury department, with a primary focus on the comprehensive management of bank guarantees. You will ensure the accurate opening, closing, and follow-up of guarantees and bank facilities, while providing essential back-up support for broader treasury tasks as required.

Responsibilities

1. Bank Guarantees Management (Primary Focus)

• Lifecycle Management of a € 100m guarantee facility (bid-, advance payment-, performance-, warranty bonds): Full ownership of the guarantee, covering issuance - amendments - renewals/extensions - reductions - release/closures.
• Act as a key point of contact for Legal, Commercial, and Project teams.
• Liaise with banks regarding wording negotiations and ensure the use of standard templates.
• Ensure all parties are kept informed of important developments or required actions.
• Guarantee Lifecycle Management: Full ownership of the guarantee, covering issuance - amendments - renewals/extensions - reductions - release/closures.
• Maintain an accurate and up-to-date register of bank guarantees (bid-, advance payment-, performance-, warranty bonds) of a € 100m facility, ensuring proper documentation and compliance with internal controls.
• Prepare and distribute reports on guarantee utilization, upcoming expiries, and facility movements.

2. Treasury Operations Support

• Act as back-up for the Group Treasurer in daily cash management, payments processing, and liquidity monitoring activities.
• Assist in the preparation and execution of treasury transactions, including payments, cash pooling, and intercompany funding.
• Support in the administration of banking platforms and user rights.
• Contribute to the preparation of treasury reports, cash flow forecasts, and compliance documentation.
• Assist in the maintenance of relationships with banking partners and service providers.

3. General & Administrative Tasks

• Support the Treasury department in ongoing projects and process improvements.
• Ensure all treasury activities are documented and compliant with internal policies and regulatory requirements.
• Provide ad hoc support to the Group Treasurer and finance team as needed.

Skills/Qualification

Business Skills

• Discretion, reliability, and a proactive attitude.
• Strong attention to detail and a high level of accuracy.
• Excellent organizational and time management skills.

Experience

• 1–3 years of experience in treasury, banking, or a similar finance function is an advantage.

Education

• Bachelor or equivalent experience in finance, Economics, Business Administration, or a related field.

IT-Skills

• Very good knowledge of Excel.
• Knowledge of Treasury Management System (TMS) and SAP is a plus.
• Good Knowledge of MS Office (Word, Outlook).
• PowerPoint and Access are considered as a plus.

Languages

• Proficiency in English is required; additional language skills are considered an asset.

Competencies

• Thinks analytically, accurately, exactly & influences others.
• Team player & develops network built on trust.
• Ability to work independently, interact with people with different education background and culture, and to take initiatives as strong support to the manager/CFO.
• Deadline management.
• Documentation discipline.