Treasury Manager

Treasury Manager

A leading Content Creation Agency based in Central London has a new opening for an experienced Treasury Manager to join their finance team and support the group in managing of debt and risk management programs. This includes maintaining and improving treasury systems and processes, execution of foreign exchange transactions, debt management, budgeting, forecasting and other related treasury activities..

Responsibilities:

Cash and Investment Management

  • Execute daily treasury operations activities for global cash management. Oversee global daily cash position and monitor global cash status.
  • By partnering with internal and external stakeholders, lead the implementation of new global banking platform
  • Recommend and participate in the implementation of new banking services and products
  • Collaborate with the Finance and Accounting teams to enhance the legal entity cash forecasting process
  • Review and coordinate cash-flow forecasts in all cash pooling in the Group
  • Optimisation of working capital
  • Prepare monthly treasury dashboard for review with senior management

Foreign Exchange

  • Monitor currency rates to forecast income statement and balance sheet unrealized gains (losses)
  • Manage non-functional currency foreign exchange exposure
  • Develop and implement F/X hedging strategy, including alternative methodologies and financial instruments

Intercompany Transactions

  • Manage intercompany funding including settling inter-company balances on a monthly basis
  • Manage short and long term subsidiary funding needs, intercompany debt, and debt capitalizations
  • Ensure intercompany cross-charges are computed, cross-charged, and forecasted in accordance with transfer pricing policy
  • Work with tax and regional controllership on local regulatory approvals for cash remittances

Banking Relationships

  • Manage banking relationships including bank system reporting, account balances, fees, letters of credit, KYC requests, corporate guarantees, and quality issues
  • Manage employee access to banking systems on a global basis
  • Prepare monthly treasury dashboard for review with senior management

Foreign Exchange

  • Monitor currency rates to forecast income statement and balance sheet unrealized gains (losses)
  • Manage non-functional currency foreign exchange exposure
  • Develop and implement F/X hedging strategy, including alternative methodologies and financial instruments

Intercompany Transactions

  • Manage intercompany funding including settling inter-company balances on a monthly basis
  • Manage short and long term subsidiary funding needs, intercompany debt, and debt capitalizations
  • Ensure intercompany cross-charges are computed, cross-charged, and forecasted in accordance with transfer pricing policy
  • Work with tax and regional controllership on local regulatory approvals for cash remittances

Banking Relationships

  • Manage banking relationships including bank system reporting, account balances, fees, letters of credit, KYC requests, corporate guarantees, and quality issues
  • Manage employee access to banking systems on a global basis
  • Work with Regional businesses to ensure accurate and complete account maintenance including authorized signatories and approvers, opening and closing accounts, and adding services

Compliance, Reporting and Controls

  • Ensure compliance with the Company’s treasury policies and internal control framework including key controls and periodically updating control narratives
  • Compile and analyse treasury information to meet monthly, quarterly and fiscal year end management reporting and external auditor requirements
  • Liaise with Accounting on footnotes and disclosures for all treasury sections of financial statements

Insurance and Other

  • Lead annual insurance renewal process and review relevant customer contract insurance language
  • Assist in preparing presentations for executive management, Board of Directors, financial institutions and credit rating agencies

Ideal skills and experience

  • 5+ years of relevant experience in cash management and other treasury functions preferred
  • Ability to meet demanding deadlines, often with competing priorities, and adapts to business needs
  • Comfortable working with large volumes of data
  • Interest in process improvement and implementation of change
  • Advanced MS Office skills, particularly Excel, PowerPoint and Word
  • A strong sense and awareness of control and attention to detail, balanced with an ability to see the bigger picture
  • Must be extremely diligent, reliable and self- motivated in nature
  • Excellent time management, planning and co-ordination skills are essential
  • Possess strong analytical skills
  • Flexible and adaptable in approach
  • Excellent communication skills
  • Able to demonstrate an understanding of the commercial business
  • Mature and professional in nature
  • Capable of developing good working relationships with individuals at all levels both internal and external

If this sounds like you then please send us your CV now! Due to the high volume of applications, only successful candidates will be contacted.

Location

London

Salary

£100,000 - £120,000

Job Type

Permanent

INDUSTRY

Content Creation Agency

Reference

V36548

OTHER INFO