Transaction Banking Internship - Palma de Mallorca

Hotelbeds Group is a leading provider of travel solutions which comprises of four specialist business units. The most established business unit is Bedbank - the No.1 B2B bedbank worldwide and Bedsonline - a leading booking engine used by retail travel agencies worldwide.

We also specialise in solutions within Destination Management – a luxury travel and cruise port services as well as meeting and incentive solutions company; Transfer and Activity Bank – a supplier of transfer routes and destination activities as well as excursions and car rental products and New Ventures – a business that offers a variety of solutions to help push boundaries in visa outsourcing and processing, marketing solutions and B2B car rental booking.

All of Hotelbeds Group business units play an important role in reshaping travel across a diverse range of market segments.
JOB DESCRIPTION:
The position offers the opportunity to participate in optimizing the cash management of the companies managed by GFS EMEA.
The position will give support to: Bank reconciliations, payments, petty cash, documentation, cash management.
Key responsibilities
The tasks where the candidate will participate are:
Daily operational treasury of multinational and multicurrency companies.
Bank reconciliation and investigation of outstanding items.
Intercompany loans and external financing.
Use programs such as SAP, Sage XRT and GEC.
Analysis and monitoring of negotiated terms.
Point of Sales management.
Powers of Attorney updating.
Reporting.
Treasury KPIs.
Providing support to the business on Fx.