Treasury Manager
4 weeks ago
Internal Job Title: Group Treasury Manager
Business: Lucy Group Ltd
Job Purpose:
The Treasury Manager is an integral part of the Group Finance team. Reporting directly to the Group Accountant, you will be accountable for the global delivery of world-class Treasury Services across the Lucy Group, and all its businesses.
You will be responsible for delivering the overall group Treasury strategy and roadmap.
You will be responsible for embedding the five core values within Treasury Department (Caring; Daring to differentiate), and ensuring these values underpin everything you do, and continue to encourage all Treasury staff to aspire to them every day in all that they do.
Job Dimensions:
Management Responsibility:
The Head of Treasury is responsible for managing and administering the Treasury activities of Lucy Group Ltd.
The Treasury Manager will be accountable for:
- Governance: Ensure treasury activities are in compliance with treasury policies, accounting guidelines, governance policies and internal controls. Support integration of newly acquired entities into Treasury policy, banking and liquidity solutions.
- Banking Relationships: Managing day to day banking relationships to support business requirements; Manage and reduce banking fees; Manage company bank mandates; Manage and administer online banking facilities; Implement bank regulatory changes as required; Conduct regular benchmark studies on banks and their services.
- Reporting: Prepare regular treasury reports; Implement and administer treasury dashboards.
- Financial Risk: Identify financial risks as they relate to treasury operations; Develop and execute the risk mitigation strategies in timely and efficient manner; Support credit risk management and co-ordinate implementation of new solutions, policies and procedures.
- Trade Financing: Understand the Group's trade finance requirements and work with banks and other financial institutions to provide debt instruments (e.g. letter of credit); Manage and administer bank and parent Company guarantees.
- Management of Treasury department:
- Other: Awareness and understanding of tax implications from treasury activities; Health & Safety – adherence to all Company Health & Safety Policies, Procedures and Safe Working Practices.
Desirable Qualifications, Knowledge and Experience:
- Extensive experience in treasury within an international Group.
- Strong accounting and treasury knowledge covering International Financial Reporting Standards (IFRS) collateral management and custodial/banking.
- Experience of treasury reporting to senior management/Board of Directors.
- IT literate proficient in MS Office software and finance packages.
- Strong communication skills with the ability to communicate financial information.
Other Requirements:
- Full driving licence.
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