Reetta Porali

• I’m responsible of Group Cash and liquidity management in following areas: bank accounts and account structures in the group, the agreements related to cash pools, bank accounts and cash management services, bank relationships regarding cash management topics in the group.
• Optimizing the payment traffic in the group
• Monitoring & coordinating the bank interfaces to group cash management application
• Evaluating and implementing global and regional cash management solutions and services
• Driving the development of cash management processes and tools
• Coordinating cash management development projects in the group
• Offering cash management advisory to the group companies and acting as a system administrator of the cash management applications in the group
• Back up for FX dealing & hedging, position calculation etc.

I was responsible of Cash Management and Treasury Back Office tasks:

• Daily liquidity reporting on group and subsidiary level
• Group cash management and reporting the forecasts & actuals.
• Administrating the internal & external FX deals
• Managing group internal loans
• Managing the bank account statements & postings to GL
• EMIR reporting and administrating group LEI codes
• Administrator of the group cash pools & user profiles

The responsibilities in monthly reporting included:

• Bank accounts reconciliation & valuation in General Ledger
• Periodical balance transfers in General Ledger
• Accrued interests and foreign exchange difference transactions in General Ledger
• Authority reporting & Treasury monthly reporting including financial items, raw materials, cash and investments
• Additionally, during these years, I had crucial roles in Treasury management system upgrades and in enhancing liquidity forecasting.

• I was responsible on corporate level of daily foreign currency liquidity reporting, internal & external payment traffic, administrating the cash pools and In-House Cash accounts
• Tasks included also participation in cash management projects, monthly authority reporting, advising subsidiaries in cash management matters and communication worldwide with internal & external stakeholders.

• I was responsible of banks and its client’s payment traffic, especially payment traffic of Evli Funds
• Tasks included also daily liquidity calculations, funds overnight deposits and daily communication worldwide with internal & external stakeholders.

• I was responsible of accounts receivables: investigating and targeting of incoming payments, transmitting funds and managing client contracts
• Job included daily contacting with clients and other banks.