Context & Environment

Management and responsibility for the Treasury, AP & AR departments. Responsible for the overall welfare of staff within the departments. Maintaining high standards and providing the support required by the Business channels to meet their goalseam, setting objectives for the year and reviewing performance

Activities

Treasury

• Manage and optimize multi-currency cash liquidity, and inter-company financing on a daily basis (11 bank accounts) whilst limiting and controlling associated risks, with daily reports to Aberdeen Treasury and DF/OFL.
• Preparation of currency cash flow forecasts, execution of large value immediate payments in all currencies, manage STP and corresponding bank costs.
• Create and manage currency hedging strategies. Identify, calculate and manage foreign currency exchange risk in conformity with Group Rules.
• Main contact point for all banking relationships including external organizations and Group Treasury
• To manage the annual counterparty risk of TEMUK by provision of complete and accurate data to Gerico team (DF/FT).
• Implement control policies and recognise and drive opportunities for improvements and effectiveness of processes and procedures ensuring compliance with company, tax and audit guidelines.
• Provide Treasury expertise to other areas of the business and recommend actions as necessary on any relevant issues
• Provide expertise and skills on the Fraud and Ethics team.
• To manage and ensure secure banking systems have appropriate authorities in place to eliminate the risk of fraud and to control risks on intragroup transfers and payments to third parties by TT.
• Manage and oversee access to treasury systems.
• Ensure compliance with applicable Group rules and directives.

Accountings Payable & Receivable (2 Direct FTE)

• Optimise the efficiency of all processes both areas
• SAP Key User role; raising of incident tickets in OM&GA system for Finance
• Documentation & review of all processes within both AR/AP
• Review and update all SOPs with 3rd party teams
• Ensuring all tasks/processes are carried out within specified deadlines, and with accuracy and responsibility
• Accounts Receivable functions include processing all incoming payments including foreign currency, managing bank details for direct debit, processing refunds, resolving unallocated cash
• Accounts Payable; ensure team are processing all supplier invoices within timelines, statement reconciliation, employee expenses & management of master data for vendors/employees being carried out
• Carry out quarterly appraisals for the team, setting objectives for the year and reviewing performance

Candidate Profile

• ACCA/ACT qualified or accountancy qualification
• Degree education
• Professional approach with strong attention to detail and good analytical skills
• Global cash management and treasury experience, knowledge of domestic, international and SEPA payment systems
• Strong relationship management skills
• Proficiency in SAP, advanced skills in Excel
• Working knowledge of Quantum and CashPooler/Themis

Additional Information