Treasury Director

  • Location

    City of London, London

  • Sector:


  • Job type:


  • Salary:

    £90000 - £110000 per annum

  • Contact:

    Rachael Crocker

  • Contact email:

  • Job ref:


  • Published:

    8 months ago

  • Expiry date:


  • Consultant:


Key Areas of Responsibility and Accountability

  • Manage the day-to-day operations of the Treasury department alongside the Head of Tax and Treasury
  • Advise and participate as and when necessary on high level projects such as private equity transactions, bank debt refinancing, acquisitions, disposals and derivatives products
  • Manage c.$1bn of external bank debt and c.$1bn of internal shareholder equity and debt
  • Manage c$100m of cash in multiple currencies across 40 different countries
  • Interpret and advise on banking / debt related issues and activities including acquisitions, disposals, company structuring and financing activities
  • Be the main point of contact for the Treasury department for both internal and external stakeholders such as banks, credit rating agencies, advisors and other company staff
  • Manage a team of fully / part qualified individuals
  • Oversee the annual Treasury budget and year-end audit
  • Produce ad-hoc reports to Senior Management and the Board of Directors as required
  • Produce guidance notes on best practice and develop Treasury policies in line with Board approved levels
  • Ensure timely reports are produced by the Treasury team for the monthly management accounts
  • Work closely with other departments or solely on any other Treasury ad-hoc related issues / activities / projects as and when needed

Cash Management

  • Ensure there is sufficient liquidity in the Group by monitoring and forecasting cash balances and drawing new bank loans / repaying existing loans as and when needed
  • Be the system administrator on all online banking platforms which hold at any point in time up to $100m of cash
  • Be the system administrator on the Treasury Management System and ensure all entries and recorded correctly by the Treasury team
  • Work closely with local business unit staff and advisors to repatriate cash to the UK including from countries with FX controls
  • Closely manage the Cash Operations Analyst to ensure all Treasury transactions have been completed as expected
  • Work closely with the banks to provide any ancillary products such as FX platforms, company credit cards and payment systems
  • Manage the complex intercompany loan structure, documentation and balances
  • FX dealing as and when needed

Debt Management

  • Ensure compliance with the Syndicated Facility Agreement on c$1bn of external bank debt including covenant monitoring and calculation, re/prepayments, drawdowns and interest payments
  • Oversee the Group Share Incentive Scheme which consists of c.600 shareholders across the globe including share offerings, share buy-backs, managing the relationship with the Employment Benefit Trust and Share Registrars, ensuring all shareholder data is accurate and working closely with senior management to produce ad-hoc reports as and when necessary
  • Produce reports for the rating agencies as and when needed

Risk Management

  • Advise local business units as necessary on managing FX exposure
  • Oversee trade finance for bank guarantees, sureties and letters of credit
  • Negotiate all transaction documentation i.e. ISDA Master Agreements, IAS39 Hedging Documentation

Please note our advertisements use PQE/salary levels purely as a guide. However we are happy to consider applications from all candidates who are able to demonstrate the skills necessary to fulfil the role.