Group Treasurer - Haywards Heath, United Kingdom - First Central Services

First Central Services

Verified Company

Haywards Heath, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

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 coordinating 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