Treasury Operations Specialist
3 days ago
Brewer Morris seeks an experienced Treasury Manager to oversee group cash management, financing, working capital, risk management, hedging, and compliance. This role involves handling banking relationships and overseeing accounts payable/receivable operations, with a focus on continuous improvement.
Key Responsibilities- Team Leadership:
- Lead the Working Capital team (1 Treasury & Credit Controller, 3 AP Finance Assistants/Administrators).
- Oversee day-to-day team activities, including 1:1 updates, performance reviews, and development.
- Note: A team restructure is planned, which may reduce direct reports to one.
- Treasury Function:
- Manage group cash, intercompany transfers, and foreign exchange (FX) spot trading.
- Oversee weekly/monthly cash flow processes and forecasts, ensuring accuracy and updates.
- Provide treasury reporting for the monthly Board pack.
- Maintain long-term currency and interest models, recommending and executing hedging strategies.
- Work with subsidiaries on cash positions, local needs, and transfer pricing settlements.
- Risk Management:
- Monitor and document treasury risks (FX, interest rates, liquidity, etc.).
- Maintain and update key treasury documents, including:
- Treasury policies
- Bank guarantees and loan agreements
- KYC requirements
- FX and interest hedging schedules
- Collaborate with the Head of Tax on transfer pricing policies.
Estimated salary range: £60,000 - £80,000 per annum.
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