Head of Treasury - Glasgow, United Kingdom - Bridge of Hope

Bridge of Hope

Verified Company

Glasgow, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Location:
Glasgow

Head of Treasury (Senior Manager) - Multiple Locations - Permanent

Locations:
Glasgow (Primary), Aberdeen, Birmingham, Bristol, Cambridge, Cardiff, Edinburgh, Gatwick, Gibraltar, Leeds, Leeds Broadgate, Liverpool, Manchester, Milton Keynes, Newcastle upon Tyne, Norwich, Nottingham, Plymouth, Reading, Sheffield, South Coast - Southampton

We are looking for an experienced Group Treasurer to drive the firms treasury policy forward and set an appropriate capital structure.

The Group Treasurer will be responsible for defining, driving and implementing the overall strategy for Treasury with the objective of managing the short, medium and long term position of the firm to ensure it has sufficient funds to meet its strategic plans

Reporting into the Chief Accounting Officer this position will be responsible for managing the firms treasury activities. It's a broad-ranging, hands-on treasury position combining treasury operations, cash management, business partnering, foreign exchange and risk management.

Responsibilities include:

Responsible for the cash flow forecasting across the group taking into account borrowing needs and investment requirements in the short and longer term
Ensuring liquidity ratios are manage effectively whilst ensuring costs are minimised
Oversee, shape and manage the strategic relationship between capital, accounting and liquidity
Work closely with banks to maintain and build strong banking relationships and negotiate rates and terms with banking partners to minimise costs
Plan and execute the refinancing of existing funding lines
Management and reporting of all Treasury related Operational and Strategic risks
Lead the cashflow stress and scenario testing frameworks and related discussions with the auditors
Working across the finance function to develop and maintain effective oversight on cash requirements and working capital targets
Managing foreign exchange risk and currency flows to determining optimum funding and hedging strategies
Perform month end reporting requirement and lead reporting on Treasury matters to the Audit Committee, Board and Executive Committee
Manage operational requirements and management information requirements for our key facilities
Prepare accurate covenant compliance statements on a timely basis
Cash management: monitor cash balances, implement daytoday cash controls, administrate cash pooling and investments
Bank relationship management: maintain bank mandates, manage bank queries, KYC updates and maintain register of all group bank accounts
Coordinate treasury policy and consistent process across the group

Skills & Qualifications

Advanced qualifications reflective of a high degree of numeracy, ideally ACT qualified
Minimum of 57 years of experience within treasury and/ or liquidity risk management, ideally with some professional services experience
Experience of managing excess liquidity and treasury investments and of associated capital requirements and liquidity treatments
Knowledge and experience of liquidity and interest rate stress testing with strong modelling experience
Experience in managing foreign exchange risk through the use of suitable instruments with awareness of accounting considerations
Understanding of Treasury markets & products
A high level of accuracy and attention to detail
Excellent interpersonal skills, communication and conduct and a proven ability to build strong relationships across functions
Highly organised, able to work to tight deadlines in a fastpaced environment and to manage conflicting priorities, in coordination with stakeholders
A flexible and positive attitude towards change; resilient, selfmotivated
Good communications skills and the ability to develop strong relationships with banking partners