Job Description
Senior Treasury Manager - Reading (Hybrid) - £65,000
Make sure to apply quickly in order to maximise your chances of being considered for an interview Read the complete job description below.
I am working with a powerhouse in the catering and Hospitality sector, based on the outskirts of Reading they service a number of clients and are in need of a Senior Treasury Manager.
These guys operate out of some seriously impressive venues and work closely with a number of world renowned Chefs in the UK and abroad when consulting on their menu development.
About the role....
The centralised Treasury function looks after the following areas:
- Treasury Operations and Insurance
- Transaction postings and reconciliations
- Treasury transformation projects
- Cashflow forecasting
- Daily Liquidity Management and Payments
- Debt management
- Banking and facilities management
This role is responsible for managing a small team of 3 people in Daily Liquidity Management and Payments, ensuring cash is in the right place at the right time.
Your responsibilities also extend to other areas of treasury, effectively deputising for the Head of Treasury and working with Head of Treasury to achieve the all-round treasury requirements of the whole Group.
Cash flow forecast
- Review/ensure accuracy of the historic cash flow data prepared by the team
- Prepare monthly cash-flow forecasts
- Prepare ad-hoc cash flow analysis
- Improve cash flow forecast accuracy and reporting formats
- Work closely with overseas subsidiaries in forecasting/controlling liquidity
Team management
- Lead a small team of two to three treasury analysts
- Develop KPIs, monitor and improve team performance
- Support the team on their day-to-day tasks
Daily liquidity management
- Review daily liquidity position and cash pooling requirements
- Approve treasury actions to maintain appropriate liquidity position
- Approve daily treasury payments
- Assist Head of Treasury in improving cash trapped and maximising working capital
Debt management
- Understand the debt portfolio and relevant risks
- Assist Head of Treasury with risk management programme
- Assist Head of Treasury with short-term FX trades/money market investments
Other
- Approve balance sheet positions/reconciliations
- Manage treasury integration on acquisitions
- Support Head of Treasury with transformation projects (including an upcoming systems implementation)
- Support Head of Treasury in new treasury solutions
- Support Head of Treasury with managing relationship with banks/lenders and rating agencies
- Support Head of Treasury with audit queries
Required Experience and Qualifications
- ACA, ACCA or CIMA Qualified
- Treasury Cash Management, Banking and related Accounting knowledge
- Internal controls, operations and compliance knowledge
- Excellent people management and project management skills
We will be reviewing CVs throughout the process so please apply as soon as you are able to.
nakita.kaur@markssattin.com