Treasury Finance Specialist

3 days ago


Crowmarsh Gifford, Oxfordshire, United Kingdom Valeo Foods Full time

Job Title: Treasury Finance Specialist

At Valeo Foods, we're the creative force behind a portfolio of beloved brands spanning indulgence, innovation, and tradition. Our companies have an exciting array of products and experiences.

Job Description:

The role purpose is to fully manage the control of cash for Snacks, Sweets & Rowse, monitoring inflows and outflows, and providing recommendations on tools required to manage pinch points.

Responsibilities:

  • Invoice Discounting:
    • Closely manage the relationship with FactoFrance
    • Complete daily full reconciliation on receivables, funds received from FactoFrance and amount swept
    • Clarity on age of outstanding debt owed to FF
  • Cash Management:
    • Monitoring cash flow daily, checking the bank and completing forward-looking 30-day, daily cash reporting for all bank accounts
    • Escalating any foreseen cash challenges, including providing recommendation on resolution
    • Liaising with AR/AP teams to gain clarity on payment or incoming funds due which could have a more significant impact on cash
  • Cash Flow Forecasting:
    • Manage completion of weekly cash flow forecast including budget
    • Complete full year forecast
  • Working Capital:
    • Complete monthly reporting on Net working capital, providing insight and commentary
    • Liaison with business partners on actions they are undertaking to drive working capital improvement, know the timings and targets
  • Strategic:
    • Support group with Cash pooling project and internal management
    • Support any ad-hoc internal and group working capital and cash flow projects
  • Audit:
    • Provide support for the year-end audit where needed to the Financial Control team.
  • Management:
    • Management and development of treasury & internal control team of 3

Requirements:

  • A fully Qualified Accountant (ACA/ACCA) with Audit experience and desire to move into industry
  • Previous experience of a finance role supporting and challenging at a senior level
  • Experience within food industry or commercial environment preferred
  • Be resilient and able to influence at the highest levels within the business through collaboration and constructive challenge
  • Excellent time management and organisation skills, necessary to balance and constantly re-prioritise ad hoc projects and workload to tight deadlines
  • Good communication skills
  • Highly analytical and inquisitive mind that can clearly identify problems and inefficiencies and search for a solution.

Package:

  • £60,000 - £80,000 per annum
  • 25 days + Bank Holidays
  • Matched pension scheme
  • Death in service
  • Cycle to work scheme
  • Canteen accessibility
  • Retailer discount platform
  • Staff discount


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