Head of Treasury and AR

Our client based in Hemel Hempstead (hybrid/remote working available) are seeking a Head of Treasury and AR to join them in a permanent position, you will ideally be qualified and must have worked in a role of this nature in the past to be considered for this role. For more details please apply.

Head of Treasury and Accounts Receivable

Responsible for managing an onshore and offshore team tasked with the day-to-day operations of the Treasury department across the UK. This will include oversight of all cash, debt, capex (working capital), forex risk management, administration, control and governance over the UK group treasury function. As well as collaborating with colleagues to identify cash risk and opportunity.


What you will be doing:

• Short term liquidity management - ensure each account is funded for daily payments and excess funds are sent to the Group pooling account to maximise interest for the UK and minimise interest for the Group.

• Medium term liquidity management- Accurate monthly forecasting of cash in and cash out, key variances need to be explained. If forecasting is not performed accurately for the following month it may mean that the Group may take out unnecessary funding. Full year forecast both the direct and indirect cash flow by entity.

• Long term liquidity management - Budget cash flow to be produced by entity both direct and indirect method. This should be challenged using metrics such as free cash flow % of ROA, DSO, Capex. Support key business funding decisions for long term investments. Produce board papers regarding 3 year plan.

• Risk Management - P&L impact Treasury are responsible for are the financial costs/income. This includes FX movement, interest costs/income and PCGs. Monthly forecast needs to be produced and reviewed.

• Maintain banking relationships with UK Area banks.

• Ad hoc projects including: transformation, investigation of payment / receipt queries, UK area direct debit management

Ideal Skills Required:

• Treasury experience preferred.
• Qualified Accountant (ACCA, CIMA, ICAEW, CIPFA, etc);
• Previous experience in management accounts (Forecasting/Variance analysis/Performance reporting etc);
• Experience managing multiple stakeholders.
• Ability to work quickly and accurately with complex information and present in a clear format.
• Motivated, driven and keen to progress career.
• Keen attention to detail and an analytical nature.
• Confidence to challenge where numbers don't look right.
• Experience with Microsoft Office software particularly Excel, Word, Power Point.
• Flexible and adaptable to cope with a fast-paced environment in a large organisations

Salary: A base salary of £65,000 - £75,000 (Dependent upon experience)

Benefits: £5,400 car allowance, 25 days annual leave with the option to buy additional days, private medical, life assurance, pension, and generous flexible benefits fund