Why are we recruiting?
We have created a new centralised role replacing the existing treasury committee with a single role covering overall responsibility for the Group’s treasury strategy, policies and procedures including reporting to the executive committee, audit committee and/or Board.
What will you be doing?
Governance/regulation/compliance
* annual Board report and oversee treasury policies management and development
* governance is in place for the segregation of corporate and non-corporate funds and where required, for non-corporate funds, ensure safeguarding is in place.
* covenants where required (banking facilities or defined benefit pensions)
* subsidiary funding is adequate, particularly with regulatory capital requirements
Maintain and develop relationships with
* banks, being the primary operational contact
* of the defined benefit pension scheme
* finance colleagues to ensure treasury activities and corporate activities are aligned to the group’s strategic objectives.
Improve profitability (maximise income minimise costs)
* into the overall plan process setting ambitious targets as owner of interest income, interest costs, banking fees and related payment processing costs.
* investment options for cash balances balancing return against risk
* management bank & other treasury related service providers
Operational activities include
* management across the group (including drawdowns / settlement of group facilities and the Prepayment trust)
* monitor and update bank mandates and delegated authorities.
* and maintenance of guarantees and Standby Letters of Credit
* of appropriate administration of all bank accounts, including opening & closure of accounts, new signers and maintaining related records (mandates)
* with Finance systems team to ensure appropriate management of on-line banking portals including appropriate allocation of user’s entitlements.
* payments, SCFs and other treasury activities where required.
What would we like from you?
* finance or treasury and cash management qualifications required
* experience of treasury an advantage
* to evidence managing relationships (with banks or pension trustees) an advantage
* to evidence the establishment and maintenance of a strong a control environment
* to prioritise competing demands, manage delivery and solve problems in creative and practical ways
* communication skills: ability to argue persuasively and influence others
* integrity, honesty, and reliability
What can we do for you?
This position offers a mix of remote-based working and onsite working in our head office in Welwyn Garden City.
In return for your hard work and dedication, we offer a range of benefits, including:
* purchase scheme, with 25 days holiday plus bank holidays.
* gym (free) and nationwide corporate rate gym membership.
* benefits portal offering discounts on shopping and holidays.
* company pension scheme.
* and Development.
* medical insurance and life assurance.
* benefits available at a discounted rate.
At PayPoint, we're committed to creating an inclusive culture where everyone can thrive and feel a sense of belonging. PayPoint is an equal opportunities employer and welcomes applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation, or age.
Join us in shaping the future of technology at PayPoint. Apply today and embark on an exciting journey with us!