Group Treasury Manager - Nottingham, United Kingdom - Global Accounting Network

Global Accounting Network
Global Accounting Network
Verified Company
Nottingham, United Kingdom

1 month ago

Tom O´Connor

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Tom O´Connor

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Description

High growth Global energy business with revenues over £200 million require a Group Treasury Manager to join their HQ based in Nottingham.

The business has had a hugely successful recent history and require a qualified Accountant with substantial PQE whohas had exposure to the Energy industry.

The Person Ownership of the
Group's banking and debt arrangements, including:

  • Cash / liquidity forecasting and reporting, with appropriate sensitivity analysis
  • Maintaining appropriate banking relationships, and manage facilities
  • Management of Group cash sweeping / treasury deposit strategies
  • Manage Group debt facilities (currently in discussion) in terms of covenants, drawdown and funder relationships
  • Identify new sources of funds and facilities as appropriate to support the Group's M&A and development ambitions
  • Optimise the Group's
    capital structure:
  • Produce and manage the Group's capital allocation policy
  • Drive operating cashflow and working capital optimisation initiatives through close engagement with various operational teams
  • Implement credit lines, debt or equity strategies to support the Group's strategy
  • Ensure appropriate intraGroup funding is in place for Business Units / subsidiary companies, together with appropriate reporting and feedback on performance
  • Ensure the Group is cash and credit efficient in structures to meet its
    forward commodity hedging and creditor security requirements:
  • Monitor credit line utilisation, ensuring appropriate sensitivity analysis is performed
  • Identify and implement appropriate strategies to reduce capital deployed
  • Support credit risk assessment of trading counterparties
  • Support the BU Managing Director, Head of Trading and other key stakeholders in ensuring appropriate modelling and risk management strategies are deployed
  • Manage cash collateral / margin calling and Parent Company Guarantee interfaces so as to reduce the amount of capital deployed in the Group
The Person Qualified Chartered Accountant or equivalent accountancy or treasury

  • Over 6 years' experience in a related treasury role
  • Knowledge of commodity hedging arrangements and the optimisation of credit lines
  • Credible and pragmatic operator. Able to communicate well w
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