Treasury Internship - Corporate Finance - 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 Treasury intern will be helping to support the Treasury team in processing and operational tasks needed to help the fast-paced department run smoothly.
-SWIFT reporting: At the entity level and bank accounts, follow up with the entities that are making the change with the banks, check that we get the new swifts in Swift net and later check that they are integrated into XRT. Report and track incidents until resolution.
-Daily or "on request" tasks: Make and send FX confirmations to all entities
-Fill in finance checklist for new loans or renovation
-Maintain the Group Credit Card data base
-Follow up on new credit card requests and cancellations
-Monthly tasks: Identify the cash by type from all entities
-Calculation and sending the interest on loans to all entities
-Report month end cash balance of Group’s companies.
-Follow up with entities to report cash balances on a timely manner
-Resolve any incidences related to two previous process
-Working on project to validate all Group’s bank account