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Senior Treasury Manager

Employer
Equiniti Limited
Location
London, UK
Salary
Competitive
Closing date
Jun 17, 2019

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Job Role
Treasury
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Reporting to the Group Treasurer, this is a key appointment to the Equiniti Treasury team, where the successful candidate will be required to deputise for the Group Treasurer in his absence and to work closely with the CFO and other members of senior management and also within the senior finance team as necessary. Department Information Equiniti Group Treasury provides a support service to functions across the organisation, it does not seek to make a return or "profit" from its risk management activities, but is responsible for management of Group interest income, notably the income derived from Client cash balances on regulated and non-regulated cash balances in the UK and US. The Equiniti Treasury team seeks to identify, manage and mitigate the financial risks to the Group, where the principle areas of Financial Risk are detailed below: Liquidity risk Interest Rate risk Foreign Exchange risk Credit risk Financial Reporting As a group function the team will both support client facing activities, including credit exposures and also Equiniti's own position. As a team of 4 onshore staff (3-4 offshore staff), Treasury are responsible for Equiniti's own risks and also client facing operations and reporting and are required to comply with both legal and regulatory (FCA, Payment Services, CASS and US) requirements. Core Duties / Responsibilities This role will include responsibilities for both Client and Equiniti's own funds and will entail working closely with two Treasury team members based in Crawley / Worthing. The successful candidate will be responsible for the following: Develop, update and implement 13 week cash flow forecasting across the Equiniti Group, working closely with FP&A, Finance and financial systems teams accordingly. Work closely with the Group Treasurer and Treasury Manager to manage group liquidity, minimising external borrowing and maximising yield. Oversee interest rate forecasting, analysis and related sensitivities and scenario planning Oversee / prepare monthly Board reporting. Support the Group Treasurer in financing initiatives. Develop and prepare regular Treasury reporting and MI for use within Treasury and Finance. Managing money market/higher rate deposits to identify client monies available for investment in order to maximise interest earned. Selection and control of suitable bank counterparties, management of group Bank Failure policy. Overseeing third party Client Money deposits in line with FCA CASS7 requirements. Intermediate fee income optimisation from banks. Manage bank tariffs, aim to reduce bank charges, ensure prompt upload to the Agresso accounting system and advise on recharges to clients. Monitor and chase timely bank reconciliations and other Shared Service Centre activities. Provide banking, working capital and treasury support to wider Equiniti business. Participate in identification, assessment implementation and use of a treasury management system across the UK and US businesses. Skills, Capabilities and Attributes The successful candidate will demonstrate the following experience, skills and behaviours: Pro-active self-starter. Ability to work under pressure to short timelines. Influencing and negotiation skills. Excellent verbal and written communication skills. Ability to act as a role model to team members. Attention to detail. Significant experience working in Corporate Treasury functions. Experience working in organisations and Industries undergoing significant change. Knowledge of treasury management systems, internet banking and other transactional systems. Experienced in Working capital management. Experience in delivering cash management solutions. Knowledge and experience (preferred) of regulatory requirements regarding third party funds, specifically the FCA CASS rules would be advantageous. CCAB qualified accountant. MCT / AMCT qualified. Excel, Word, PowerPoint proficient. We are committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships. Please note any offer of employment is subject to satisfactory pre-employment screening checks. These consist of 5 year activity & GAP verification, DBS or Access NI, Credit and Sanctions checks. This job was originally posted as www.totaljobs.com/job/86712487

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