Head of Treasury

**About Us**

At Travel Counsellors, our customers, communities, and colleagues are at the heart of everything we do. For over 30 years, we've empowered 2,200+ independent travel agents worldwide, helping them build successful businesses while providing deeply personal, human connections with their customers. Supported by a talented team of over 400 people in our Support Offices, we create unique travel experiences that keep customers coming back. Named the Best Place to Work in Travel (2022) and ranked in the Sunday Times Best Places to Work (2023, 2024 & 2025), we’re expanding rapidly and looking for exceptional individuals to join our Head Office team.

**About the Role**

As Head of Treasury, you will lead the Group’s treasury operations, ensuring sound financial stewardship, optimal liquidity management, and strong internal controls. This high-impact role is pivotal to maintaining the Group’s financial integrity, supporting strategic decision-making, and ensuring compliance with regulatory and audit requirements.

You will oversee all aspects of cash management, debt management, and banking relationships across the Group, with a focus on risk mitigation, capital structure strategy, and digital transformation. This role requires a commercially astute, forward-thinking finance professional with experience in managing leveraged debt and institutional funding.

**Principal Accountabilities**

**Treasury Risk Management**
- Lead the development and ongoing review of treasury-related financial policies, including capital structure, foreign exchange, and interest rate risk.
- Implement and manage hedging strategies to mitigate financial risks.
- Oversee interest rate exposure, ensuring effective monitoring and control.
- Maintain awareness of regulatory developments and their potential impact on the Group, ensuring proactive response and compliance.

**Operational Treasury & Debt Management**
- Manage the day-to-day Treasury function, ensuring adequate liquidity to meet short and long-term funding needs.
- Maintain strong relationships with third-party Trusts to facilitate timely and efficient release of funds to the business.
- Develop and maintain strong partnerships with banking and investment partners.
- Drive improvements in cash management strategy and execution across the Group.
- Oversee and enhance cash flow forecasting processes.
- Manage investment of surplus cash and ensure optimal returns within the defined risk appetite.
- Provide weekly net debt reporting to the Executive Board.
- Review monthly interest journal entries and accruals.
- Ensure accurate loan covenant monitoring, reporting and compliance.
- Safeguard corporate liquidity and financial stability through robust operational practices.

**Leadership & Strategic Development**
- Partner with the Head of Finance Transformation team to improve payment and collection practices (e.g., merchant acquirers, open banking, VCCs).
- Identify and lead opportunities for continuous improvement across the Treasury governance framework.
- Provide thought leadership to drive strategic financial initiatives.
- Support talent development within the Treasury function, fostering a culture of excellence and accountability.

**Required Experience**
- Qualified Corporate Treasurer (ACT) or Accountant (ACA, ACCA, CIMA or equivalent).
- 5-10+ years’ experience in a similar role, preferably in a fast-paced and leveraged environment.
- Demonstrable experience in treasury operations, debt management, and stakeholder engagement.
- Proven ability to take ownership, deliver results, and lead continuous improvement initiatives.
- Exceptional analytical, problem-solving, and communication skills (verbal and written).
- Strong organisational skills with the ability to prioritise effectively and meet tight deadlines.
- High personal integrity, accountability, and professionalism.

**Our Benefits**
- Competitive salary + annual bonus
- Flexible hybrid working
- Career development opportunities
- 25 days holiday (increasing to 28 after 5 years)
- Enhanced Maternity/Paternity pay
- 1 day paid charity day
- Company events and incentives
- 3x salary death in service benefit
- Pension scheme
- Private Medical Insurance or Healthcare Cash Plan
- Free breakfast and beverages

**Inclusive Recruitment at Travel Counsellors**

Travel Counsellors is an equal opportunity employer committed to diversity and inclusion. We welcome applicants from all backgrounds and do not discriminate based on race, gender, disability, or any protected characteristic. We provide accommodations for individuals with disabilities throughout the hiring process. We believe diverse perspectives strengthen our team and encourage all to apply.