Department: Core - Finance
Location: Oxford, UK
Description
As the business continues to experience fast international growth, the finance team are looking for an experienced Treasury Accountant. Reporting into the Head of Group Reporting, the Treasury Accountant will manage the day-to-day treasury activities of the Group, with a strong focus on cash management, accurate and insightful cashflow forecasting (including a rolling 13-week forecast), funding and loan reporting, and robust treasury accounting and controls across all countries and currencies. The role requires a solid understanding of both the cash and accounting aspects of treasury.
This is a fantastic time to be joining Aurora Energy Research, and an opportunity to shape the Group's approach to treasury and make the function your own.
Key Responsibilities
Cash Management & Forecasting
Manage the Group's daily cash position across multiple currencies, entities and banking partners, ensuring sufficient liquidity to meet operational and strategic needs
Prepare, maintain and continuously improve a rolling 13-week cashflow forecast, including variance analysis, commentary and reporting to the Finance Leadership Team
Produce longer-term cash forecasts to support budgeting, funding requirements and capital expenditure planning
Review payment runs and support payment approvals in line with short-term cash forecasts, budgets, liquidity requirements and internal controls
Funding & Group Loans
Manage the Group's loan facilities, including:
Ongoing reporting and monitoring
Covenant compliance and headroom analysis
Forecasting drawdowns and repayments
Ensuring facilities are available and can be accessed when required
Prepare information for lenders and internal stakeholders relating to funding and liquidity
Provide clear insight to management on funding capacity, risks and options
Intercompany Cash & Transfer Pricing
Manage intercompany cash movements between Group entities, ensuring they are executed in line with transfer pricing policies, intercompany agreements and tax requirements
Work closely with the Tax Manager to ensure intercompany funding, interest calculations and cash movements are compliant and appropriately documented.
Support accurate accounting and reporting of intercompany balances, interest and settlements
Banking, Controls & Payments
Own relationships with the Group's banking partners globally, including day-to-day operational matters and negotiation of fees, terms and services
Maintain oversight of bank account structures and mandates, ensuring they are up to date, well controlled and consistently documented across all countries
Design, implement and maintain consistent processes for payments, approvals and controls across the Group to ensure cash is protected and processes are scalable
Ensure strong treasury controls are in place to safeguard cash and comply with internal policies and external regulations
Accounting, Reporting & Close
Ensure all bank accounts are reconciled daily and monthly, with transactions accurately coded and posted in Dynamics 365 (ERP)
Take responsibility for treasury-related activities at month-end and year-end, including journals, reconciliations and supporting schedules
Support the external audit process by providing treasury-related information and explanations
Ensure treasury activity is correctly reflected in management accounts and statutory reporting
Foreign Exchange & Risk Management
Design, implement and operate the Group's Foreign Exchange Policy
Monitor and report on foreign currency exposures and positions, working closely with local finance teams
Identify and mitigate risks relating to FX, interest rates and liquidity, using hedging strategies where appropriate
Systems, Process & Stakeholder Management
Work closely with FP&A, management accounts, tax manager and local finance teams to ensure accurate cash reporting and effective financial decision-making
Partner with the ERP project team to enhance the ERP cash module, driving automation, improved controls and better treasury reporting
Provide clear, insightful and timely treasury information and reporting to the finance leadership team to support decisions on cash, funding, investments and risk
Support ad-hoc treasury and finance projects as required by the business
Skills, Knowledge and Expertise
Required attributes:
Professional accounting qualification (ACA, ACCA, CIMA or equivalent), or actively studying towards one
Proven experience in a Treasury Accountant / Treasury Analyst / Cash Accountant role within a multi-entity and multi-currency environment
Strong, hands-on experience producing and owning a rolling 13-week cashflow forecast, including variance analysis and stakeholder reporting
Solid understanding of day-to-day cash management, liquidity monitoring and short-term funding requirements
Experience working with group loan facilities, including reporting, drawdowns, repayments and covenant monitoring
Good understanding of treasury accounting, including bank reconciliations, treasury journals and month-end close processes
Experience managing or maintaining bank accounts and mandates, with a strong focus on controls and auditability
High attention to detail and a strong control mindset, particularly around payments, approvals and cash protection
Comfortable working with ERP systems and banking platforms, including extracting, reconciling and validating data
Confident communicator, with the ability to influence and collaborate effectively across all levels of the organisation
Able to manage multiple priorities and deadlines in a fast-paced, international environment
Hands-on, proactive and comfortable "owning" tasks from start to finish.
Well organised, methodical and process driven
Desirable attributes:
Experience in a group or international environment with complex cash and intercompany structures
Exposure to transfer pricing mechanics, including intercompany interest calculations and documentation
Practical exposure to foreign currency transactions and monitoring FX exposures, with experience supporting or operating FX hedging and understanding hedge accounting principles
Familiarity with covenant calculations and lender reporting packs.
Experience working in a growth, PE-backed or rapidly changing business
Experience with treasury management systems (TMS) or advanced ERP cash modules
Strong Excel skills, including building and maintaining cashflow models
Confidence presenting cash and liquidity information to senior finance stakeholders
What we offer
Some of the benefits we include are:
Private Medical Insurance
Dental Insurance
Parental Support
Salary-Exchange Pension
Employee Assistance Programme (EAP)
Local Oxford Discounts
Cycle-to-work Scheme
Flu Jabs
At AER, we are committed to offering flexibility in the way we work. Most of our roles are hybrid with a mix of in-office/home working and potentially adjustable working hours. Let's discuss what works for you and AER during the interview process.
The Company is committed to the principle that no employee or job applicant shall receive unfavourable treatment on grounds of age, disability, gender reassignment, race, religion or belief, sex, sexual orientation, marriage or civil partnership, pregnancy, and maternity.
To apply, please submit your Résumé / CV, a personal summary, your salary expectations and please inform us of your notice period.
Unfortunately, we are unable to accept applications via email, telephone, or social media platforms. To be considered for this position, please submit your application using the link provided. Applications submitted through any other channel will not be reviewed.