Our client is an established Crude and Oil Products trading company based in London.
Key Responsibilities:
Reporting directly to the Head of Head of Group Treasury, the Treasury Manager will be responsible for:
1. Managing daily cash positions and forecasting to ensure liquidity requirements are met.
2. Developing strategies to optimise cash balances, investments in liquidity funds and pooling of cash.
3. Evaluating and mitigating financial risks including foreign exchange, interest rate hedging and help report to CFO balance sheet risks.
4. Assist the Trade Finance department in holiday cover for daily transaction management operations, including factoring submissions, Letters of credit issuance and checking margin calls with brokers are accurate.
5. Oversight of the daily bank reconciliations for all business units and all their payments, to monitor the Working Capital position.
6. Management of the Treasury Management System at Group and operational level including training of all users
7. Ensure data integrity between the trading and accounting systems, investigating or highlighting exceptions where necessary.
8. Managing the development and delivery of any treasury projects covering all aspect of treasury management
9. Managing day to day banking relationships to maintain the Group Foreign Exchange lines, factoring facilities, and banking services in line with business needs.
10. ...