Job Title:
Group Treasury Manager

Business Area: Lucy Group - Group Finance



Location:
Oxford

Job Purpose

The Treasury Manager is an integral part of the Group Finance team. Reporting directly to the Group Accountant, you will be accountable for the global delivery of world-class Treasury Services across the Lucy Group, and all its businesses.

This is a varied role that will require the balance of technical knowledge and excellent interpersonal skills to make sound strategic and operational decisions.

You will be responsible for delivering the overall group Treasury strategy and road map. Your advanced communication skills and management style will empower and motivate the team.

You will be responsible for embedding the five core values within Treasury Department (Caring; Excellence; Working together; Trusted; Daring to differentiate), and ensuring these values underpin everything you do, and continue to encourage all Treasury staff to aspire to them every day in all that they do. You will also manage the Treasury Team and provide development and mentoring opportunities in order to forge a positive and collaborative culture. You will have responsibility for ensuring that the Treasury Team develops and maintains a reputation for delivering a great service throughout the organisation.

Job Dimensions

The Treasury Manager is responsible for managing and administering the Treasury activities of Lucy Group Ltd.

Key Accountabilities

The Treasury Manager will be accountable for:

* Governance - [Ensure treasury activities are in compliance with treasury policies, accounting guidelines, governance policies and internal controls Support integration of newly acquired entities into Treasury policy, banking and liquidity solutions]

* Banking Relationships- [Managing day to day banking relationships to support business requirements; Manage and reduce banking fees; Manage company bank mandates; Manage and administer online banking facilities; Implement bank regulatory changes as required; Conduct regular benchmark studies on banks and their services]

* Cash Management- [Manage the Group's cash balances and deposits; Manage and administer payment processes including fraud prevention activities; Forecast short and long term cash levels and ensure adequate liquidity; Develop and maintain cash reporting]

* Funding - [Manage and administer external loans; Manage and administer intercompany funding]

* Hedging - [Assess, manage, mitigate and administer foreign currency and commodity exposure; Work with the business to improve foreign currency and commodity forecasting reliability; Keep up to date with financial instruments used for hedging; Execution of financial instruments, accounting and record keeping]

* Reporting - [Prepare regular treasury reports; Implement and administer treasury dashboards]

* Financial Risk - [Identify financial risks as they relate to treasury operations; Develop and execute the risk mitigation strategies in timely and efficient manner; Support credit risk management and co-ordinate implementation of new solutions, policies and procedures]

* Trade Financing - [Understand the Group's trade finance requirements and work with banks and other financial institutions to provide debt instruments (e.g. letter of credit); Manage and administer bank and parent Company guarantees]

* Management of Treasury department - [Day to day staff management; Performance appraisals; Employee development]

* Other - [Awareness and understanding of tax implication from treasury activities; To undertake any other duties and responsibilities as required / instructed by your line manager; Health & Safety - adherence to all Company Health & Safety Policies, Procedures and Safe Working Practices]

Leadership, Strategy, Plan and Communications

* Cooperates and works across the organisation to deliver the business results

* Encourages challenge to foster new ideas and ways of doing things

* Gets things done and makes it easy for others to do the same

* Builds authentic, effective working relationships

* Has a positive can-do attitude

* Communicates with clarity

* Openly encourages debate to achieve the best outcomes

* Open to giving and receiving feedback; identifies, coaches and develops future talent

Minimum Qualifications, Knowledge and Experience:

* Relevant professional qualification (e.g. ACT, ACA)

* University degree or equivalent

Desirable Qualifications, Knowledge and Experience:

* Extensive experience in treasury within an international Group.

* Strong accounting and treasury knowledge covering International Financial Reporting Standards (IFRS) collateral management and custodial/banking

* Experience of either management or supervising other members of staff

* Experience of treasury reporting to senior management/Board of Directors

Job Specific Skills:

* Ability to prioritise workload effectively

* Ability to document business procedures

* IT literate proficient in MS Office software and finance packages

* Strong communication skills with the ability to communicate financial information

Other Requirements


• Full driving licence