--- title: 'Treasury Analyst, Italy at ION Group' canonical: 'https://feeny.ai/job/treasury-analyst-italy-ion-group-milan-w64gmkrt5bpr' type: 'job' last_seen: '2026-09-11' --- # Treasury Analyst, Italy at ION Group - **Company:** ION Group - **Location:** Milan, Italy - **Employment:** full-time - **Work type:** hybrid - **Posted:** 2026-07-07 - **Last confirmed live:** 2026-09-11 - **Apply:** https://jobs.lever.co/ion/53191ce4-9acd-4c04-a128-0f8c9918d3da ## Job description About us: We are a community of visionary innovators, dedicated to providing pioneering software and consultancy services to financial institutions, trading firms, central banks, governments, and corporations around the world. We strive to simplify the way people work. We do that by providing workflow and process automation software, as well as providing real-time data and business intelligence to help people make better decisions. We are 13,000+ employees, we operate globally with 80+ global offices, and we serve over 4,800+ customers worldwide. For the strengthening of the Treasury function within Cedacri companies, part of ION Group, we are looking for talented professionals to grow their career as Treasury Analyst. This position is targeted at candidates with 2–5 years of relevant experience in Treasury and Cash Management. Selected candidates will be placed in a dynamic and innovative environment and will collaborate with cross-functional teams to support the company’s liquidity, funding, and cash management activities. Your role: ## Your key duties and responsibilities Support daily treasury operations, including cash positioning, liquidity monitoring, and cash flow forecasting Prepare short-, medium-, and long-term cash flow forecasts and perform variance analysis versus actuals Support funding activities, including revolving credit facilities, intercompany loans, and other financing arrangements Manage relationships with banking partners and support the administration of bank accounts and treasury services Monitor working capital performance, supporting initiatives aimed at improving collections and optimizing cash conversion Support treasury reporting activities for senior management and Group Treasury, providing timely insights on liquidity and funding requirements Collaborate with Finance, Accounting, Tax, Legal, and Business teams on treasury-related projects and initiatives Contribute to process improvement and automation initiatives within the Treasury function Other duties We might ask you to perform other tasks and duties as your role expands. Your skills, experience, and qualifications required Master’s degree in Finance, Economics, Management Engineering, Business Administration, or another quantitative field (with honors preferred) At least two to five years of experience in Treasury, Corporate Finance, Cash Management, FP&A, Audit, or related finance functions Solid understanding of cash flow forecasting, liquidity management, working capital, and financial reporting principles Excellent knowledge of the Italian and English language Advanced knowledge of Microsoft Excel and PowerPoint Strong analytical and problem-solving skills with the ability to interpret large datasets and communicate key insights Experience with ERP systems (SAP preferred); knowledge of Treasury Management Systems would be considered a plus Ability to manage multiple priorities, work independently, and meet deadlines in a fast-paced environment Strong attention to detail, accuracy, and a proactive “get things done” attitude What we offer: Permanent employment contract Italian National Collective Labour Agreement for the Metalworking Industry (CCNL Metalmeccanico) Gross Annual Salary (RAL) ranging from €35,000 to €50,000, depending on experience, skills, and qualifications Job grade to be determined upon completion of the selection process, with final assessment between B2 and B3 level Opportunity to join a leading international technology group operating in the financial services industry Exposure to senior stakeholders and Group Treasury activities in a dynamic and growing environment Location: Milan Important notes: According to the Italian Law (L.68/99), candidates belonging to the protected categories list will be given priority. ## About ION Group ## Company Overview - **One-liner**: ION Group delivers mission-critical trading, treasury, and workflow automation software to financial institutions, corporations, central banks, and governments. - **Entity Type**: Private (privately held, with venture funding rounds) - **Headquarters**: London, United Kingdom - **Founded**: 1998 (per Crunchbase and LinkedIn) / 1999 (per Wikipedia) - **Founders**: Andrea Pignataro ## Core Business - **Primary industry**: Financial technology (trading & risk management, treasury, capital markets software) - **Target customers**: B2B – banks, asset managers, hedge funds, central banks, corporates, and governments - **Mission/purpose**: “We help our customers do more, faster and better than before” by combining automation with a strategic view of the industries they serve. ## Products & Services (Source: [crunchbase.com](https://www.crunchbase.com/organization/ion-group)) - **Openlink**: Treasury and risk management platform for commodity-intensive organizations (real-time cash management, FX, derivatives trading). - **City Financials**: Pre-configured treasury and risk management solution for multinational corporations. - **Treasura**: SaaS-based treasury management system for advanced cash management. - **Reval TS**: Liquidity management system for banks (cash concentration, visibility, interest calculations). - **ETRM/CTRM Solutions**: Energy and commodity trading and risk management solutions. - **XTP Execution**: Integrated cleared derivatives trading solution (order management, execution, connectivity). - **Fidessa, Dealogic, Acuris, Allegro**: Acquired platforms covering equities, derivatives, M&A data, and capital markets analytics. ## Market Standing - **Valuation/Market Cap**: Not disclosed (private company) - **Key Metrics**: - **Annual Revenue**: $3.3B (per LinkedIn – source: [linkedin.com](https://linkedin.com/company/iongroup)) - **Total Funding**: $400M (venture round in May 2016) + €35M (venture round in June 2004) – source: [linkedin.com](https://linkedin.com/company/iongroup) - **Notable Investors/Partners**: No lead investors explicitly named; early rounds from undisclosed sources. Key partners include financial institutions using its platforms. - **Growth Signals**: - Headcount: 2,944 (LinkedIn, +1.7% YoY) vs. 13,000+ (careers page – discrepancy likely due to different reporting methods). - Major acquisitions: Dash Financial Technologies (2021), Clarus Financial Technology (2021), Broadway Technology (2020), Acuris ($1.8B, 2019), Prelios S.p.A. ($1.5B, 2023), Fidessa (£1.5B, 2018), Allegro (2019), Dealogic (2017). - Never sold a business since founding (Wikipedia). - Operates in 18+ countries, 84 offices globally. ## Competitive Advantages - **Breadth of mission-critical software**: Covers the full trade lifecycle (pre-trade, execution, risk, treasury, post-trade) for multiple asset classes. - **Acquisition-driven expansion**: Absorbed market leaders in different niche verticals, creating a unified platform with deep domain expertise. - **Long-term ownership mentality**: Founder Andrea Pignataro has never sold a business, signaling stability and commitment. - **High switching costs**: Clients rely on ION for core financial operations; replacing systems is extremely difficult. - **Global scale**: 13,000+ employees, 84 offices, presence in 46 countries (LinkedIn breakdown). ## Strategic Focus - **Automation & AI**: Investing heavily in research and development to “shape the future of automation” (company website). - **Expansion into asset management**: Acquisition of Prelios (2023) and Clarus (2021) signals push into real estate and derivatives analytics. - **Graduate development programs**: Launching programs in Pisa, Trento, and other locations to build talent pipeline. - **Resilience after ransomware attack**: In Feb 2023, LockBit ransomware hit ION’s derivatives platform; clients faced disruptions but systems were restored within weeks. The company continues to focus on security and compliance. ## Why Work Here - **Culture**: Described as “visionary innovators” with a “positive culture of continuous improvement.” Emphasis on community and collaboration. - **Remote/Hybrid**: Some roles are hybrid (e.g., Milan-based positions); many are office-based depending on location. The careers page lists full-time and hybrid options. - **Notable perks**: Graduate development programs, global mobility across 84 offices, exposure to mission-critical financial systems. - **Engineering culture**: Large technical team (1,060+ in technical roles), with focus on React, DevOps, cloud engineering, and AI. Recent open positions include Senior Web UI Developer, iOS Engineer, and AI Engineer. - **Growth trajectory**: Rapid scaling through acquisitions and organic hiring; opportunities to work on cutting-edge fintech products. - **Diverse locations**: Offices in London, New York, Noida, Budapest, Chisinau, Milan, Mexico City, and more. ## Sources 1. [linkedin.com](https://linkedin.com/company/iongroup) – Employee count, revenue, funding, acquisitions, workforce breakdown 2. [en.wikipedia.org](https://en.wikipedia.org/wiki/Ion_Group) – Founding, founders, acquisition history, ransomware attack 3. [crunchbase.com](https://www.crunchbase.com/organization/ion-group) – Products, funding, overview 4. [iongroup.com](https://iongroup.com/careers/) – Careers page, open positions, company values 5. [jobs.lever.co](https://jobs.lever.co/ion) – Current job listings ## Other roles at ION Group - [Leveraged Finance Editor – Debtwire North America](https://feeny.ai/job/leveraged-finance-editor-debtwire-north-america-ion-group-new-york-eh5956rkr278) — New York, NY - [Information Security Manager](https://feeny.ai/job/information-security-manager-ion-group-london-mvaeqt97bjw7) — London, United Kingdom - [iOS Team Lead - Onsite - Dallas, TX (Contractor)](https://feeny.ai/job/ios-team-lead-onsite-dallas-tx-contractor-ion-group-dallas-twcw10235rvr) — Dallas, TX - [iOS Team Lead - Onsite - NYC (Contractor)](https://feeny.ai/job/ios-team-lead-onsite-nyc-contractor-ion-group-new-york-pgkggdgdd8jw) — New York, NY - [iOS Team Lead - Onsite - Dallas, TX](https://feeny.ai/job/ios-team-lead-onsite-dallas-tx-ion-group-dallas-10yvn34jpc1j) — Dallas, TX - [Android Team Lead, Dallas, TX (Contractor)](https://feeny.ai/job/android-team-lead-dallas-tx-contractor-ion-group-dallas-5zkb9zat5e7s) — Dallas, TX - [Android Team Lead, Dallas, TX](https://feeny.ai/job/android-team-lead-dallas-tx-ion-group-dallas-hs2d84yha0p8) — Dallas, TX - [Android Team Lead, New York (Contractor)](https://feeny.ai/job/android-team-lead-new-york-contractor-ion-group-new-york-trt70s1q2688) — New York, NY - [Android Team Lead, New York](https://feeny.ai/job/android-team-lead-new-york-ion-group-new-york-460mg00ph92b) — New York, NY - [iOS Senior Associate - Onsite - NY / Dallas](https://feeny.ai/job/ios-senior-associate-onsite-ny-dallas-ion-group-new-york-9dh3a3vg42p2) — New York, NY