I am recruiting a brand new Senior Treasury role for a market leading business. This is a number 1 role in the function and can be based in Yorkshire or other UK locations and will play a pivotal role in developing the effectiveness of the treasury function.

The role will take full accountability for cash management and control, group funding needs, foreign exchange, FX hedging, cashflow forecasting and regular reporting to the CFO, Executive Committee and Board, and leading a team of 2

The role will ensure that treasury processes and controls are operating effectively and efficiently across the group.

Duties

• Review, challenge, streamline and continuous improvement of treasury processes and controls
• Cash management
• Manage daily cash activities to meet local funding requirements
• Implement and drive cash flow forecasting excellence
• Lead cash planning process, generating balance sheet budgets/forecasts and short-term detailed cash forecasts for the group
• Monitor cash positions and related borrowing needs to ensure financial stability and maintain sufficient funds to meet operational requirements
• Ensure timely cash extraction from overseas entities to minimise borrowing requirements
• Monitor, review and manage cash pool requirements
• Ensure timely settlement of Intercompany payables and receivables Risk Management
• Evaluate and enhance internal controls in all banking and treasury processes to strengthen the governance framework
• Maintain the Treasury Policy and drive policy compliance
• Execute FX hedging deals in line with the Treasury Policy and in accordance with the changing needs of the business and monitor the effectiveness of hedging policy
• Understand and report on the key drivers of FX impact
• Review and monitor tax implications on treasury activities in partnership with the central tax function funding
• Manage the overdraft and drawdowns/repayments on revolving credit facilities
• Monitor compliance with all covenants and forecast future impacts on covenants
• Ensure compliance and timely reporting to meet the requirements of all financing agreements
• Lead the periodic refinancing process with external banking providers
• Develop and enhance relationships with the international finance teams, banking providers and other lenders
• Develop and deliver timely and insightful treasury reporting including Executive and Board reporting
• Act as a trusted treasury consultant advising and providing recommendations as required Treasury Management System
• Identification, design and implementation of a Treasury Management System (TMS)

Requirements

• Accountancy qualification (ACA, ACCA or CIMA) and/or Treasury Qualification (AMCT)
• Proven treasury experience in a large multinational environment
• Previous experience of hedging, forex and international cash management is essential
• Exceptional analytical skills
• Ability to coach, lead and develop those around them, passing on their knowledge to upskill and empower
• Outstanding interpersonal and communication skills, with the ability to liaise effectively with all levels within the organisation
• Ability to deliver continuous process improvements and value to the treasury function

Salary for the role is up to £90,000 - £110,000 plus a bonus and excellent benefits package.

The role requires office presence 2-3 times a week and occasional travel.

Please apply today to secure this fantastic opportunity!

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