Your new company

Prides themselves on their forward-thinking and collaborative team, who are pushing the boundaries of a modern Treasury function. They strive to make a difference and achieve the highest standards by ensuring they have the best talent and empowering their people through an encouraging ethos. Built upon strong core values, your new company truly cares about people, putting their customers and teams at the heart of everything.

Your new role

This position will co-lead the Treasury Transformation initiative: 1) A best-in-class Liquidity Solution, 2) Exposure and Covenant Reporting, 3) Treasury Management System implementation, 4) Bank Account Rationalisation, and 5) Debt and Hedge Reporting.

Team Leadership:

• Lead and mentor a team of two treasury professionals, providing guidance, support and fostering their professional development
• Ensure that the team executes their tasks efficiently and effectively
• Maintain effective communication with internal and external stakeholders providing updates on liquidity status, risk exposures, and compliance matters

Cash Management & Risk Management:

• Monitor and manage the Group’s short term liquidity, ensuring it meets the current and future financial obligations
• Develop strategies to optimise cashflow and minimise liquidity risks
• Working with the tax team to establish cash pooling agreements and appropriate terms for UK Transfer Pricing as well as a quarterly update of arm’s length interest rates
• Management of surplus liquidity including mitigating interest expense by paying down revolving debt, or investment of excess cash in approved investment vehicles
• Preparation of cash forecasts, for decisions regarding cash management, as well as monitoring forecasting models to track short-term project funding requirements
• Assist in management of an RFP for cash management services to support the business’s ongoing needs including physical cash pooling and virtual accounts
• Take a business partnering approach, ensuring constant communication with key business teams to understand upcoming short-term cash requirements and longer-term liquidity
• Work with the Group Deputy Treasurer to implement KRIs and KPIs for the function, measurement tools, reporting and action plans
• Input into quarterly shareholder reporting
• Able to sense check interest and SWAP calculations and challenge banks where differences are identified
• Ensure procedures and controls are in place for all Liquidity and Risk team processes
• Grow relationships with key external stakeholders including Chatham Financial
• Ensure all cash is swept from accounts in line with all facilities
• Allocate cash in the correct free vs blocked in line with all facilities post IPD process

Treasury Operations:

• Able to sense check interest and SWAP calculations and challenge banks where differences are identified
• Lead Opening/Closing of bank accounts.
• Lead Bank Mandate update ensuring Signature lists are up-to-date
• Manage preparation of letters for quarterly interest payments within required deadlines
• Monitor daily ops reports to, and ensure proper functioning of day-to-day controls
• Ensure relevant documents and setup is complete for external and internal counterparties ahead of trade execution
• Ensures timely trade capture in internal system, process lifecycle events (rate resets, accounts setup, etc.) and resolve reconciliation issues
• Establish and document “Best practice” procedures and ensure operations analysts are in compliance with all established policies and procedures
• Work with internal (e.g. accounting, cash and commercial finance) and external (e.g. global custodians, trade counterparties, lenders, agents) to ensure all problems/issues are identified and actioned in a timely manner
• Implement various report changes initiatives in terms of processing procedures

Systems & Controls:

• Undertake and Lead Operations Team's ongoing projects from start to implementation
• Assist in management of all Treasury systems and banking platforms
• Implementation of new cash management bank including all systems and manage team to rationalise historic structure
• Responsible (with team) for all Treasury and banking related systems including banking platforms
• Assist with implementation of Treasury related systems
• Strengthen the control environment and drive change through continuous process improvements and re-engineering cash management processes
• Dealing with troubleshooting requests linked online banking platforms and any future treasury systems to ensure a smooth payments process; responsible for ensuring all payments are processed successfully and following up with communications when there are errors, resolving issues and completing ‘postmortem’ on how to avoid payment errors in the future

Others:

• Responsible (with team) for all Treasury and banking related systems including banking platforms
• Ability to fully document the operational process and controls for each funding structure
• Keep abreast of industry changes and working with senior level staff on solutions to meet new requirements
• Provide assistance and support as a subject matter of expertise, as well as identify any areas of concerns by tracking progress vs objectives, to Treasury operations Projects and/or system enhancements
• Provide ongoing OTC derivatives and Fixed Income operations guidance and training to existing staff to ensure they are fully able to support aspects of trade lifecycles
• Identify and generate ad hock customs reports to aid in enhanced analysis of processes and procedures with the goal of streamlining efficiencies and enhanced services
• Expected to act as a resource to answer basic enquiries regarding the various lines of business supported by the operations team and subject-matter expert on Ops projects to support successful implementations as applicable

What you'll need to succeed

• Degree or equivalent standard, or relevant work experience
• Good educational background to degree level or equivalent work experience
• Demonstrated an analytical and logical approach to solving problems and identifying opportunities for improvement
• Good Excel experience is essential
• Microsoft Office product skills essential
• Knowledge and experience with ISDA template transaction level documents

What you'll get in return

Competitive Salary and Benefits Package

What you need to do now

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.

If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion on your career.