Treasury Manager - Communicate Recruitment Solutions LTD : Job Details

Our client is a large corporate business based in the heart of London - they pride themselves on delivering exceptional service to their clients and continually expanding their offerings to stay competitive in their industry.

This business is looking to expand their Treasury function, bringing in a Treasury Manager in a newly created role that will be reporting into the Group Treasurer and managing between 1-3 direct reports. As the Treasury Manager, you will be responsible for managing the businesses financial assets and liabilities to ensure optimal liquidity and financial stability. The role will involve overseeing short-term liquidity, the execution of payments, cash pooling structures, and debt management. The ideal candidate will have a strong background in finance and Treasury functions of a large nature with excellent analytical skills, and the ability to develop and maintain robust cash management systems.

This will be based out of the Central London offices on a hybrid basis or the potential for predominantly remote working. The ideal candidate will be immediately available or available on no more than a month notice.

Primary responsibilities will include but not be limited to:

• Monitor daily cash balances and forecast short-term cash requirements to ensure sufficient liquidity
• Optimise the use of available funds, including investing surplus cash and minimising idle balances
• Implement and manage cash pooling arrangements to optimise cash utilisation across the organisation
• Coordinate with various business units to centralise cash management and streamline banking relationship
• Manage debit payment processes, ensuring accuracy and efficiency in transactions
• Collaborate with banks and financial institutions to resolve any issues related to debit payments
• Oversee the timely processing of payments, including vendor payments, payroll, taxes, and other financial obligations
• Ensure compliance with internal controls and regulatory requirements for all payment processes
• Develop and implement strategies for managing the company's debt portfolio, including debt issuance, refinancing, and repayment
• Monitor debt covenants and ensure compliance with all financing agreements
• Prepare accurate and timely cash flow forecasts to support strategic planning and decision-making
• Analyse variances between actual cash flows and forecasts, providing insights and recommendations for improvement
• Prepare regular reports on liquidity, debt, and cash management activities for senior management
• Conduct financial analysis to identify opportunities for cost savings and efficiency improvements

Qualifications:

• Batchelor’s degree in a finance or accounting based subject
• Accountancy part or full qualification, e.g. ACCA, ACA
• AMCT qualified
• Prior experience in a hands-on operational Treasury environment
• Excellent analytical, problem-solving, and decision-making skills
• Strong leadership and team management abilities.

Apply with a CV for more details!