Treasury
Never take your eyes off the cash flow because it’s the life blood of business!
METRO Finance Solution Center
Introduction
Treasury being a function responsible for ensuring cash availability for the business requires very good knowledge of the financial market and economic environment to successfully develop long-term financial strategies meeting the needs of the organization. This can be only done by the country experts working closely together with the Corporate Treasury function, however like in any other area, next to expert analysis and decision-making, there are quite many standard routine tasks which could be perfectly supported by the GBS teams creating space for treasury experts to focus on more strategic tasks.
Services
Country
Our Treasury Country service includes:
- Daily cash movements reporting
- Monitoring cash collection process and daily cash flow reporting
- Support in standard financial transactions, such as purchase/sale of foreign currency, cash deposits, hedging
Read more about our service…
As our GBS team performs daily sales reconciliation for majority of countries, keeping hand on daily cash movements reporting and at the same time monitoring all payments flows via bank statement processing, we have a very good understanding of the cash generation and cash collection process and can use our expertise to provide support for processes like daily cash balances monitoring or cash collection control together with clarification of differences. We can support on any kind of standard reporting within treasury like e.g. preparation of daily cash flow reporting, short term liquidity planning, cash position reporting, ex-change rate update. Based on reports and data provided by us, the country experts may focus on analysis and risk management.
Handling of standard financial transactions like e.g. purchase/sale of foreign currency, cash deposits, hedging transactions, including respective postings in the financial system is also a great area to look for support of the GBS team as well control over costs of bank provisions and interests.
Segregation of duties, controls, and independent monitoring in line with suitable operational risk management is for us the key to delivering first-class service.
Corporate - NEW SERVICE "COMING SOON"
TEAM
Treasury processes are placed in the Accounts Receivable (AR) division. It’s the biggest operational team in terms of the headcount and certainly the most diverse one, with 150+ team members coming from very multi-cultural and multi-language environments across the entire world. Our three AR sections are managing 12 operational teams, which currently provide services to 16 MCC countries and 6 entities (MAG, trading offices, Metro Digital, Metro Properties PL). Our scope is constantly growing to cover with standard service all MCC countries.
We understand the importance of building long-term relationships – that is why we can also speak Polish, English, Spanish, Portuguese, Turkish, French, German, Russian, Italian, Hungarian, and few more languages- to provide the best possible service to local markets.
Our commitment is to actively contribute to the sustainable development of our customers by taking over a multitude of transactional and non-transactional accounting activities from head offices and stores and therefore allowing them to focus on their core business.
We focus on building end-to-end process understanding among our accountants and keeping process dependencies under the umbrella of one team, dedicated to the specific country portfolio. We invest in learning and growing the competencies of our team members to be able to blend automated solutions with analytical skills and necessary attention to handling exceptions and non-standard instances.
BENEFITS OF WORKING WITH US
We are a Finance Solution Center with more than 300 Finance & Accounting enthusiasts committed to providing you the best accounting service experience. As we have accounting in our DNA, here are some numbers that speak better than words about our services:
