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Credit and treasury manager

London
Internetwork Expert
Treasury manager
Posted: 12 July
Offer description

INEOS Automotive – Built For More

Story so far

Since we started our journey to build a no-nonsense 4X4, we’ve come a long way. We’ve established INEOS Automotive as a serious contender in 4X4 development and manufacturing. We’ve partnered with some of the biggest names in the automotive industry. We’ve made our way from vision to prototype. We’ve secured a world-class production facility and delivery team. We’ve delivered Grenadiers to customers all around the world. We’re building our double cab pick-up, the Quartermaster.

People and Culture

Easy never changed anything. Not in manufacturing, science, engineering or energy – and certainly not in elite sport. At INEOS, we tackle every challenge head-on, and we help extraordinary athletes achieve extraordinary things. When it comes to making positive change, we know nothing gets done without grit, rigour and humour. Our Automotive team consists of around 1500 employees, 10 locations, and 44 nationalities. We’re an international team working together to challenge the ordinary.

If this sounds like you, let’s talk.

The Credit & Treasury Manager is responsible for managing the credit analysis and treasury activities for all INEOS Automotive entities. The jobholder will need to communicate regularly with our day-to-day transactional banks and internal stakeholders regarding all credit and treasury activity. This includes recommending and monitoring internal credit limits, managing daily cash across multiple legal entities and currency accounts, supporting external working capital and trade finance facilities, and managing weekly cash flow forecasting. This role is part of the HQ Finance team and reports to the Head of Investor Relations.

Responsibilities:

Credit Management

* Recommend credit limits for customers globally.
* Liaise with credit insurers and INEOS Automotive’s commercial and legal teams to ensure optimal credit limits are in place for each customer.
* Continuously improve work processes related to the company’s credit management.

Day-to-Day Cash Management

* Take responsibility for cash management activities, ensuring adequate cash is available to run the business smoothly across all locations, managing cash pooling, payment approvals, bank charges, and FX risks.
* Lead and develop relationships with our transactional banks.

External Banking Facilities Support

* Support the operation of inventory and receivables financing, as well as trade financing facilities. This includes drawing down from facilities, ensuring repayments and interest payments are made on time, providing banks with reports and ad-hoc information, including audits, and maintaining appropriate controls.

Cash Forecasting

* Lead the weekly cash flow forecast process for INEOS Automotive.

Qualifications:

* Bachelor’s Degree in a Finance-related field plus an Accounting, Treasury, or Credit qualification, or qualified by experience.
* Experience in an accounting firm, bank, or treasury function of a business.
* Flexible and adaptable to meet changing business needs.
* Proactive and driven, with good time management and organizational skills to meet strict deadlines.
* Great attention to detail, promoting high standards and delivering high-quality, accurate outputs.
* Excellent numeracy and analysis skills, with advanced MS Excel proficiency.
* Able to present information clearly, both in written form and face-to-face.

If the role interests you and you want to learn more, please apply. Include a cover letter supporting your application along with any other supporting information.

If your application is successful, one of the team members will be in touch to arrange an initial conversation!


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