Job Description
Role Description
* Owning and maintaining an accurate daily cash forecast (through effective companywide collaboration with key stakeholders), managing liquidity, and optimising use of funds, including interest payments on external debt and managing trapped cash.
* Deliver variance analysis and insight against previous forecasts to explain cash position and also improve forecasting accuracy
* Provide regular updates and reporting to the Directors on cash position, covenant headroom and key working capital and cash management levers.
* Own the long-term cash forecasting/budgeting process and model, with a view of driving continuous improvements to processes and models
* Overseeing mezzanine and multiple senior funding facilities (including a private securitisation) with a total current capacity of c£850 million, ensuring alignment with group entities' funding needs.
* Reviewing and understanding funding documents, ensuring compliance with covenants and internal policies.
* Maintaining relationships with external funding partners.
* Act as the subject matter expert for projects that require Treasury support including implementation of new product lines across the group
* Identifying and implementing strategies to mitigate financial risks, including market and credit risks.
* Ensuring full compliance with funding agreements, regulations, and internal policies.
* Monitoring the status of funding facilities and reporting any breaches or risks proactively.
* Preparing financial reports related to funding activities, including cash flow statements and covenant compliance.
* Collaborating with the finance team, MI & Data Senior Manager, and other departments to ensure smooth treasury operations.
* Overseeing the Treasury Operations to ensure that payments to key suppliers are made on time and integrity between banking and accounting within the ERP system is maintained at all times on an account by account basis
* Assisting with internal and external audits by providing necessary documentation.
* Strengthening internal controls to safeguard financial assets and prevent fraud and errors.
Role Requirements
* Qualified accountant (ACA/ACCA/CIMA) or hold a relevant Treasury Qualification
* Experience in treasury management, with strong knowledge of funding agreements and risk management.
* Experience managing large-scale funding facilities and securitisations.
* Expertise in financial analysis, liquidity management, excel-based modelling and cashflow forecasting.
* Understanding of financial markets, funding documentation, and covenant compliance.
* Negotiation and relationship-building skills with financial institutions.
* Excellent attention to detail, ensuring accuracy and compliance.
* Ability to present complex financial information clearly to both financial and non-financial stakeholders.
* Self-starter with strong communication skills, able to work independently and collaboratively.
* Ability to prioritise effectively and manage multiple projects and deadlines.