Senior Treasury Manager

Job details

Posted Thursday 07 December 2023
Salary £55,000 - £65,000 plus benefits (6 month contract)
Location Reading
Job type Permanent
Discipline Treasury
Reference 3063
Recruiter Name Gareth Jenkins
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Our client:
A group of leading brands operating in the hospitality sector.
The role:
The centralised Group Treasury function manages 20+ banks, 200+ bank accounts, 50+ entities, 70k+ transactions per month, £3.0bn+ total cash inflows and outflows per year.  It looks after the following areas:
Cashflow forecastingDaily Liquidity Management and Payments, Debt management, Banking and facilities management, Treasury Operations and Insurance, Transaction postings and reconciliations, Treasury transformation projects
Key responsibilities include:
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
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
Debt management
  • Understand the group's 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
Who we're looking for:
  • Treasury Cash Management, Banking and related Accounting knowledge
  • Internal controls, operations and compliance knowledge
  • Advanced knowledge of MS Office especially Excel
  • Excellent people management and project management skills
  • Can think strategically; identify and manage risks effectively
  • Have ability to work well under pressure, and to prioritise and meet deadlines
What you will receive in return:
  • 6 month fixed term contract then temp to perm
  • 25 days holiday (plus public holidays) 
  • Enhanced pension
  • Life Assurance cover
  • Discounts available on the high street shops, holidays, gyms and cinemas
  • Salary £55,000 to £65,000 per annum dependant on experience