Group Treasurer

Location:

- Haywards Heath
- Salary:

- up to £75,000 depending on experience
- Department:

- Finance

**We’re First Central Insurance & Technology Group (First Central for short), an award-winning innovative insurance and technology organisation, delivering market-leading motor insurance, underwriting, distribution, finance, technology and legal services.**
Fancy making a difference in a company that’s changing insurance for good? If you’re a fast-paced, ambitious team player who gets great things done you’ll fit right in here.

Strategic thinker with the ability to look at the bigger picture - sound like you? Happy to roll your sleeves up and get stuck in Then how about joining us in this newly created role as **Group Treasurer?**

Making sure our business strategy and operational plans are effective through effective resourcing, you'll oversee and co-ordinate liquidity and distribution planning and processes both at Group and entity level. Keeping on top of our investment portfolio including property, you'll be a great communicator, negotiator and influencer managing relationships with Investment advisors, bankers and funding providers.

Working flexibly, you'll spend most of your time working from home, with a day a week in the office (so living close to Haywards Heath, West Sussex would be perfect). But of course, it’s your choice - if you prefer to be in the office more - that's good with us too.

**You’ll be the perfect person for us if**:

- You're a Qualified Treasurer or Accountant with post qualified experience
- Treasury or liquidity management is in your toolkit
- You can juggle operational cash between entities
- You're an expert in future dividend distribution planning

**Responsibilities**:
**Strategic and Commercial Acumen**
- Understand business strategy and be able to link this with cash availability and future dividend distribution planning
- Review and assess potential sources of external finance

**Distribution policy**
- Understands and owns the operational implementation of the distribution policy
- Ensure robust planning of all internal and external dividend distributions
- Provides dividend proposals for quarterly entity and group boards

**Liquidity**
- Owns the Operational implementation of the liquidity policy
- Provides insight on forward looking liquidity and how to best manage
- Provides high quality and insightful variance analysis and commentary for presentation to Directors, Senior Management and Board
- Responsible for the monthly, quarterly and annual cash flow forecasts
- Owns reporting of liquidity in entity and group monthly performance packs and planning packs
- Overseas the intercompany Loan management
- Runs stress testing of liquidity across the entities
- Responsible for setting the minimum liquidity thresholds for each entity
- Owns reporting to the Credit Risk Committee (CRIOC)
- Manage the groups foreign exchange exposure

**Funding**
- Manages the relationship with funding providers including Cohen’s
- Owns the reporting to funding providers and monitors any covenants or requirements of the funding providers

**Investment management**
- Maintains a good understanding of the groups investment portfolio
- Owns investment performance monitoring and reporting including that of the Property loans
- Production of commentary to support the monthly, quarterly and annual reporting
- Supports the planning cycle by providing input on the investment assumptions
- Manages the relationship with the groups investment managers, Abrdn

**Group Investment Committee**
- Attend and present at the quarterly Group Investment committee
- Understand and owns the production of financial performance materials to GIC

**Relationship Owner**
- Maintain key external relationships with the groups bankers, investment managers and funding providers including

**Lead Relationship**
- Bankers - RBS
- Merchant Services - Barclaycard
- Robus

**Key stakeholder**
- Investment managers - Abrdn
- Funding providers - Cohens

**Team Management**
- No direct team management but will be responsible for co-ordinating the activity of various teams across finance

**Job Specific Competencies**:
**Experience**
- Educated to degree level
- Qualified Treasurer or Qualified Accountant with significant post qualified experience
- Significant Treasury or liquidity management experience
- High level of numeracy with good excel skills

**Competencies**
- Strategic thinker and ability to look at the bigger picture
- A high level of oral and written communication skills, communicating effectively with senior managers, colleagues, internal and external stakeholders
- Excellent negotiation and influencing skills
- Good team player with the ability to manage across teams
- Ability to work with ambiguity or to make broad assumptions to make a recommendation
- Results driven with a constant eye on the detail but understand the audience.
- Empathetic approach to leadership with an ability to get the be