Treasury Manager, Birmingham, £50,000 - £55,000 pa + Bonus + Fully funded development support
We have a great opportunity for an experienced Treasury Manager to join our client’s expanding Group head office function. They have been servicing their chosen sector for almost 100 years, during which time they have delivered impressive growth through both organic and acquisitional activity. They now require an ambitious Treasury Manager to lead, inspire and motivate the cash and credit teams at HQ
Before we look at what you’ll be doing, let’s cut to the good stuff….
What’s on offer?
This client is on an exciting growth journey, having recently expanded their finance function, in the next few years they are targeting a 100%+ increase in turnover. In addition to a competitive salary, there’s a range of great benefits on offer such as a 10% bonus, 10% combined pension, life assurance, a flexible buy/sell holiday scheme (25 + BH standard), Flexible working policies, options to be funded for ongoing personal/professional development and many additional discounts on those everyday life perks such as holidays, car leasing and discounts on restaurants/cinemas etc.
Are you in? If so, here’s what you’ll be doing.
Reporting to the Group Financial Controller, you will assume ownership of the relationships with the banks alongside working closely with the wider finance function to help ensure payments are processed in a timely and accurate manner. Reporting on all matters relating to the cash flow to ensure positive balances are maintained and any lending actioned appropriately as required. You’ll also take on the leadership of the Accounts Payable and Accounts Receivable Management teams.
Specifically focussing on:
- Daily reporting of cash balances for all Group companies and any Joint Ventures
- Manage multiple bank accounts to ensure the cash funds are always available to meet group commitments
- Draw-down excess cash from the JV operations when not required
- Manage all inter-company loan agreements
- Monitor cash variances against budgets
- Process payments for payroll and accounts payable
- Multiple bank reconciliations
- Manage the Credit Control team including setting targets for cash collections and assessing credit worthiness of potential clients
What do you need to bring to the table?
Essentially you’ll be an experienced Treasury professional, ideally holding a recognised treasury qualification. Although consideration will be given if you consider yourself qualified by experience and can back this up with demonstrable career experience. There are several relationships to manage in this role for you, most notable the supporting banking establishments. Building and maintaining these relationships will be a big part of your role here.
Any experience with JD Edwards would be a distinct advantage but any experience with similar ERP systems will be considered.
Our client is ready to move to interview immediately for appropriate candidates so please don’t delay in applying if the above appeals. Not sure or would like to know more before you apply, just get in touch and we will be happy to discuss it further with you.