Cashflow & Treasury Manager

Recruiter
Burman Consulting
Location
Nottinghamshire
Posted
18 Apr 2019
Closes
26 Apr 2019
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Cashflow & Treasury Manager
My exclusive client is a medium sized manufacturing business which is embarking on a transformation programme to reorganize the group so it can deliver on its future targets.
They are seeking an experienced finance professional who will manage the cash and treasury requirements effectively. Based at the main group Head Office in Huthwaite near J28 of the M1
Overview
You will be working within the Commercial Finance Team whose objectives are:
* Financial Control; to ensure resources are directed, monitored and measured in an accurate and timely manner and to maintain a 'No Surprises Environment’
* Financial Planning; to allocate future resources beneficially to the business and to introduce a clear method to achieve these plans
* Strategy; to help build and execute an action plan and to drive long term objectives. The senior members of the finance team are the Financial Controller and the Head of FP&A. This role will report in to the Financial Controller. The Cashflow and Treasury manager should control and provide the most effective use of our cash resources, ensuring that we have clear visibility of and accurately forecast cash and funding requirements.
The Role
* Improving and maintaining the existing cashflow forecasting model and process
* Preparation of the cashflow forecast - weekly short term cashflow and monthly 12 month rolling cashflow
* Perform variance analysis against previous forecasts to improve forecasting accuracy going forward, including monthly commentary into the finance packs
* Development of the existing cash flow forecast workbook to ensure model integrity, data accuracy and to enable decision support. Including scenario planning and identification of key cash drivers.
* Identify ongoing cashflow/working capital improvements
* Monitor and review the daily bank reconciliation process to ensure there are no misstatements in reported cash and overdraft balances for Treasury entities
* Developing and implementing treasury procedures and controls
* Review on business bank accounts
* Maintain and improve treasury policy and ensure cash management is compliant with this policy
* Key point of contact for transaction bank support, maintain mandates and admin rights
* Daily monitoring of cash flows and payment approval process
* High level of understanding of debt/loan financed business model and commitments of this arrangement
* Assist the wider team with month end and year end reporting
The Person
* Previous experience in cash forecasting and planning.
* Exposure to managing an ABL facility would be advantageous.
* Good accounting knowledge.
* Team player with strong interpersonal, communication and organisational skills.
* Organised with ability to implement and follow systems and procedures.
* IT skills, with knowledge of Excel and ideally MS Dynamics AX or 365.
The Rewards
* A salary of £50 - £60,000
* 25 days holiday + statutory holidays
* Free car parking.
To discuss this further and for more information please forward a CV for immediate attention.
Cashflow & Treasury Manager

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