Head of Treasury

The company is a global leader in their market, a multi-entity, multi-product and multi-service organisation which has demonstrated clear growth through decades of operating. Their ability to diversify what they physically do as a business, has allowed them to become the brand of choice in a highly competitive space.

**Responsibilities**:

- Manage Group bank accounts, banking relationships and covenants
- Ensure cash availability for all working capital requirements within all entities and currencies
- Co-ordinate and report on Group cash balances, both historical and forecast, against established Budget parameters
- Work closely with the Purchase Ledger and Sales Ledger to co-ordinate working capital requirements
- Manage Group currency requirements and FX contracts
- Ensure availability of foreign cash for all supplier payments by management of FX contracts;
- Manage foreign currency bank payments and monitor FX exposure;
- Reconcile position of open contracts and known obligations to identify any shortfalls/excesses;
- Recommend appropriate action for identified variances to the Group FC/FD
- Ensure appropriate controls are implemented in the Group’s payment systems such as BACS and SEPA
- System roles and responsibilities clearly defined between preparers, reviewers, authorisers and administrators and notified to payment system providers where appropriate
- Overview of system roles and responsibilities maintained and updated for changes in staff; changes approved in accordance with delegated authorities
- Implementation and monitoring of limits in the Group’s payment systems to mitigate risk.
- Manage Group bank facilities and financial instruments
- Processing of investment related transactional payments to financing partners ensuring payments are valid and reconciled within framework of defined banking facility;
- Manage relationship with Finance Partners directly for required and on-going facilities, current utilisation of each facility, monthly obligations for repayment, interest and capital commitments;
- Processing of non-investment related payments including accounts payable payment runs and expense runs on BACS, SEPA and Priority, corporation tax, VAT and other ad hoc payments;
- Ensure all payments are approved in accordance with the Group’s mandates and delegated Authorities;
- Daily monitoring of cash balances and at least weekly bank reconciliation controls.

**Profile**:

- Previous experience of having managed a treasury and cash management function
- Knowledge of payment systems
- Able to evidence the establishment and maintenance of a strong treasury and cash control environment
- Able to evidence managing external relationships with banks and currency providers
- Have experience in communicating with middle-senior level stakeholders - confident and clear communicator
- Exposure to a product-based environment - FMCG (food, fresh produce, pharmaceuticals), manufacturing, retail, wholesale & distribution

**On Offer (competitive package)**:

- £60k - £80k DOE
- 10% Bonus
- 4 and 1 hybrid working model
- 25 days holiday + bank holiday
- 8% pension
- Additional company schemes

**Job Types**: Full-time, Permanent

**Salary**: £65,000.00-£85,000.00 per year

**Benefits**:

- Work from home

Schedule:

- Monday to Friday

Work Location: One location

Reference ID: CH14621