Head of Cash Operations

**Role**: Head of Cash Operations
**Location**: Blackburn, BB1 2FA - Office Based
**Contract**: Full-Time / Permanent

**Salary**:£67,925 - £83,600

**Company**:EG Group

**About the Role**:
We have an exciting opportunity for a Head of Cash Operations to join our Group Treasury function at EG Group. The treasury function is being transformed with a new cloud-based cash forecasting platform and the recent implementation of a global treasury management system (TMS). There is also going to be further enhancements with Cash Operations through a significant project in 2025 to transition multiple banking platforms existing in Europe today to one, BNP.

Reporting into the Group Treasurer, the Head of Cash Operations will be responsible for managing this project, implementing notional pooling and zero balancing sweeps across Europe alongside day to day activities.

**What you’ll be doing**:

- Manage the Group Treasury Operations team; day-to-day issues and concerns, coaching and developing all team members, driving performance and delivery of the company goals
- Support on a broad range of treasury-driven special projects and initiatives, including the TMS (SAP), cloud-based cash forecasting platform, transition of multiple banking platforms to one and more
- Manage the reporting of global multi-currency cash, specifically short-term liquidity positions and related banking structures
- Develop and implement efficient operational in-country bank structures across Europe to support EG Group business activity
- Manage the consolidation the Group’s cash flow forecast and work to challenge and improve the accuracy of forecasting, identifying key movements and drawdown requirements
- Analyse and report on risk management focusing on continuous improvement, including foreign exchange, interest, and liquidity
- Responsible for the negotiation of the International Swap and Derivative Association (ISDA) documentation with FX and IR counterparties
- Liaise with the country Finance and buying leads across the Group to manage and improve foreign currency forecasting and analysis of the Group’s FX exposures
- Management of the Group’s global guarantees and letter of credit facilities and issuance
- This list is not exhaustive and may be added to or amended from time to time._

**What we’re looking for**:

- 5 years+ treasury/banking experience
- Qualified accountant - ACT, ACCA, CIMA or equivalent
- Strong understanding of treasury markets & products - including transactional banking, cash management and liquidity, foreign exchange risk management.
- Proven understanding of UK and European banking regulations
- Familiarity of TMS systems and SAP knowledge - Desirable

**Why Join EG Group**:

- Performance Based Bonus Scheme
- Flexible working hours
- Access to Apprenticeships and accredited qualifications
- Career development and progression opportunities within a global organization.
- Up to 15% Staff Discount on qualifying purchases across EG Group retail store
- ASDA Discount Card - 10% off all ASDA stores
- Free Secure Car Parking
- Waterside Café - freshly prepared meals at affordable prices
- Dress Down Fridays
- Prayer and Ablution Facilities
- Work Anniversary Rewards
- Free Eye Test

**Who is EG Group?**

EG Group is a leading global convenience retailer, operating a wide range of brands across multiple sectors including fuel, foodservice, and grocery retail. With a presence in over 9 countries and a commitment to innovation and customer service, EG Group continues to expand its portfolio and reach. Our company is focused on delivering value to its customers, partners, and stakeholders through efficient operations and strategic growth.