Sewell Wallis Ltd
£60000 - £70000/annum
20 May 2017
19 Jun 2017
Contract Type
Full Time
We are currently assisting a global market leader with their appointment of a Treasurer.This is a rare and hugely exciting opportunity that has come about due to a recent acquisition.

Reporting to the Finance Director, the purpose of the role is to:

- Manage the day-to-day liquidity of the business and the transactional foreign exchange exposure hedging on behalf of operating companies.
- Manage, monitor and develop UK treasury activities - execute interest rate hedging instruments as required from time to time. Set and manage the hedging policies for the business and the relevant liquidity measures reporting to the Financial director. Manage the cash forecasting and management models.
- Authorise and provide direction to shared service teams operating within the TSA to authorise payments and management of banking operations.

Specific duties include;

-Responsible for the investment of surplus cash or the drawdown of borrowings in line with forecast requirements
-Operate banking structures to minimise idle balances across the group to facilitate the pooling or netting of all bank accounts, minimise funds transfer costs and total banking costs
-Maintain and manage short term (3 months) treasury cash forecasts
-Maintain and update authorities, dealing and funds transfer mandates in line with treasury policies.
-Manage treasury operations staff, maintain accurate records and ensure effective controls with segregation of duties at all times and maintain relationships with operating businesses and shared service operations.
-Negotiate and maintain cash management and foreign exchange/dealing facilities with banks to meet group requirements.
-Execute foreign exchange hedging requirements in line with treasury policies and having regard to group reporting and accounting standards. Execute interest rate hedging as required by the Group Treasurer.
-Propose and maintain appropriate treasury performance measures and participate in regular treasury committee reviews as required.
Manage all funding lines including bank guarantees for the operations.

Suitable candidates;

-Will have experience work for a large, complex business within a similar role.
-Will have a broad depth of experience and will specifically be able to demonstrate strong cash flow forecast experience.
-Will have experience, managing, motivating and recruiting team members.
-Will have strong systems experience.
-Will have experience being the main point of contact with the bank and managing the relationship.

Sewell Wallis acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers