Finance Manager - Treasury

Recruiter
Axon Moore Group Ltd
Location
Leeds
Posted
11 Jan 2018
Closes
12 Feb 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Our client is a large corporate business, based in Leeds. They are looking to hire a Finance Manager - Treasury.

The role will be responsible for all aspects of Liquidity Management and Cash Investment, ensuring that policies are appropriate / fit for purpose, whilst the compliance against policy can be clearly demonstrated through appropriate analysis and reporting.

Key responsibilities will include:
The implementation of cash management strategy, forecasting cash positions at entity level and liaising with banking partners to achieve the best returns
The production and presentation to the CFO of the Monthly Cash Flow forecast, collating inputs from internal teams, challenging assumptions, reviewing variance analysis and seeking improvements to the process.
Management of any cash collateral arrangements, including forecasting and reporting of risk exposures, whilst producing analysis to optimise cash.
Accountability for all aspects of daily cash management, ensuring sufficient liquidity within all areas of the operation.
Driving the Group’s liquidity solutions, exploring pooling/concentration options with banking partners and evaluating the optimal strategy.

In addition, you will develop the forecasting, analysing and reporting on all costs and revenue in relation to Treasury activities, enabling detailed review and validation of costs. You will be responsible for all aspects of Hedge Accounting for derivatives, managing production of the monthly IFRS hedge accounting reports, balance sheet positions and accounting entries.

This is a broad role, supported by one Treasury Analyst and reporting into the Group Treasurer. You will need to be a fully qualified Accountant (CIMA / ACCA / ACA) and / or Treasurer (ACT) with previous experience in operating at Manager level within a Finance or Treasury function and have proven people management experience. You will have a solid understanding of Treasury issues and Financial Markets with strong communication and technical skills, personal drive and a team ethos.

Reporting to the Treasurer, the Finance Manager – Treasury will be responsible for all aspects of Liquidity Management and Cash Investment, ensuring the Liquidity Policy is responsible and fit for purpose, whilst the compliance against policy can be clearly demonstrated through appropriate analysis and reporting.

In this vital position you will be responsible for the implementation of cash management strategy, forecasting cash positions at entity level and liaising with banking partners to achieve the best returns using approved deposit structures, subject to counterparty limits and policy parameters. The production and presentation to the CFO of the Monthly Cash Flow forecast, collating inputs from internal teams, challenging assumptions, reviewing variance analysis and seeking improvements to the process and the accuracy is vital to the success of this role. You will manage any cash collateral arrangements in relation to our banking partners, including forecasting and reporting of risk exposures, whilst producing analysis to optimise cash and non-cash security arrangements in line with strategy. You will also be accountable for all aspects of daily cash management, ensuring sufficient liquidity within
all areas of the operation. You will drive the Group’s liquidity solutions, exploring pooling/concentration options with banking partners and evaluating the optimal strategy.

In addition, you will develop the forecasting, analysing and reporting on all costs and revenue in relation to Treasury activities to improve transparency and to facilitate detailed review and validation of costs. You will also be responsible for all aspects of Hedge Accounting for derivatives within the Group, managing the production of the monthly IFRS hedge accounting reports, balance sheet positions and accounting entries using market data to generate Mark to Market valuations and reconciling to month end statements from banking partners.

This is a broad role, supported by one Treasury Analyst and reporting into the Group Treasurer. The role also requires a collegiate approach to working with the other Managers within the Team to provide support, resilience and cross-skilling. Other areas within the function that the successful candidate would gain exposure to include international payments, merchant acquirers, bank guarantee and letters of credit, debt and revolving credit facilities management, FX/fuel/interest rate risk management, development of Treasury Management System and cash handling operations.

To be successful in this role you will be a fully qualified Accountant (CIMA / ACCA / ACA) and / or Treasurer (ACT) with previous experience in operating at Manager level within a Finance or Treasury function and have proven people management experience. You will have a solid understanding of Treasury issues and Financial Markets with strong communication and technical skills, personal drive and a team ethos.

Package will involve salary of £60-65,000 plus bonus and pension.