Treasury Manager

Company Description

At Valeo Foods UK, we're the creative force behind an array of beloved brands spanning indulgence, innovation, and tradition. From the iconic crunch of Kettle Crisps to the pure sweetness of Rowse Honey, and the rich heritage of Matthew Walker puddings, our portfolio reflects our commitment to quality and diversity.

But that's not all – our family of brands extends further, encompassing an exciting array of products and experiences. Whether it's the Wild West flavours of New World Foods, the nostalgic joy of Barratt sweets, or the timeless appeal of Metcalfe Popcorn, each brand carries its own unique story, flavour, and charm. Join us on a journey where passion meets flavour, crafting experiences that bring people together and delight taste buds.

Job Description

As Treasury Manager, the role purpose is to fully manage the control of cash for Snacks, Sweets & Rowse, monitoring of inflows and outflows, provide recommendations on tools required to manage pinch point.

What you will be involved in:

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 fund 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 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

Qualifications

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 experience preferred is 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.

* Tenacious and able to not just start, but manage and see through to completion a range of value added projects.

Additional information

What we offer you in return:

* 25 days + Bank Holidays

* Matched pension scheme

* Death in service

* Cycle to work scheme

* Canteen accessibility

* Retailer discount platform

* Staff discount