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 two 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.
This is a vital position and 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. You will manage the cash collateral arrangements in relation to merchant acquiring partners, including forecasting and reporting of risk exposures, whilst producing analysis to optimise cash and non-cash security arrangements in line with acquirer strategy.
-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
-You will also be accountable for all aspects of daily cash management including the operation of the Group's pooling arrangements, ensuring sufficient liquidity within non-pooled accounts and overseas operations
-Develop the Group's liquidity solutions, exploring pooling/concentration options with banking partners and evaluating the optimal strategy, while 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
-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 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
-Make sure that hedge documentation is in place to support designated hedge relationships, testing effectiveness of hedge instruments and producing all schedules to support the tables within the Financial Statements of the Group
The successful candidate will require the following:
-Fully qualified Accountant (CIMA / ACCA / ACA) and / or Treasurer (ACT)
-Experience in operating at Manager level within a Finance or Treasury function and have proven people management experience
-Solid understanding of Treasury issues and Financial Market with strong communication and technical skills, personal drive, team ethos
Elevation Accountancy & Finance is a specialist division of Elevation Recruitment Group focusing on the recruitment of talented Accountancy and Finance professionals across all levels, from Ledger Clerks through to Financial Directors in Yorkshire and surrounding regions. If you match the specified criteria and are interested in discussing the position in more detail, we would love to hear from you.
Please visit our website at www.elevationrecruitmentgroup.com for more information on:
* Accountancy Jobs or Accountancy Recruitment
* Finance Jobs or Finance Recruitment