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Treasury Accountant

Employer
Michael Page Finance
Location
England, Hampshire, Southampton
Salary
£40000 - £45000 per annum
Closing date
Jul 22, 2022

Job Details

Treasury and cash management is key to the short and long term strategic and future planning of the organisation.

Manage the day to day requirements of Group loans and funding totalling in excess of £1bn and enable robust Cash Management to the Group by assisting with forecasting cash flows, ensuring adherence with Treasury Management Policy and compliance with all covenants associated with the Group's Financing.

Client Details

Our client is a well known housing association within the local area providing a fantastic service to those in need, and the wider community.

Description

  • Responsible for effective day to day cash management to ensure the best use of the Group's cash assets in line with the Group Treasury Policy.

  • Liaise with Group Financial Analyst, to assist with the preparation of Business Plans and Long-Term Forecasts to ensure consistency of reporting and underlying

  • Responsible for preparing regular cash flow forecasts that are accurate and complete, liaising with internal departments to ensure integrity over the numbers reported. In addition, produce variance analysis, with accompanying commentary. Leading management review sessions.

  • Responsible for administering the Group's loans and investments ensuring no default occurs.

  • Prepare all covenant calculations and prepare all internal and external covenant reports for review. Leading review of covenant calculations and lender compliance certificates with management.

  • Ensure that all payments required under the loans are made accurately and on time.
  • Responsible for securitisation of assets, identifying and managing assets to optimise amounts pledged.

  • Ensure all debt financing within the Group are adequately secured, liaising with solicitors, valuers and other external/internal parties to plan and manage assets (charged and unencumbered) when necessary to ensure adequate security is in place to enable loan drawdowns when required.

  • Take responsibility for finance aspects of selling properties internally, including identifying properties to be sold, liaising with internal and external parties for the sale and ensuring all necessary paperwork is adequately prepared, approved and completed.

  • Account for the Group's Recycled Capital Grant Funds.

  • Prepare any regular reporting (including: regulatory returns, bids for HLB and any other initiatives etc.) as and when necessary.
  • Review current procedures in detail, recommending improvements and implementing those approved by Head of Treasury.
  • Represent the Group externally as appropriate.

  • Ensure that the principle of confidentiality is applied in all aspects of the Group's work.

  • Undertake any other duties commensurate with this post.

Profile

  • Qualified accountant, or Treasury Qualification (Cert T or AMCT) or qualified by experience. Part qualified accountants and those working towards a treasury qualification will be considered.

  • Experience of providing financial information to external advisors and other stakeholders.

  • Demonstrable experience in Treasury and managing multiple Investments and Financing in a complex group structure.

  • Ability to strategically review processes and coordinate improvements.

  • Excellent analytical and reconciliation skills, with the ability to critically analyse and challenge the status quo.

  • Preparation of schedules in support of year end statutory financial statements and disclosures in accordance with United Kingdom Generally Accepted Accounting Practice and/or FRS 102.

  • Experience in influencing senior management.
  • Ability to work with other departments to ensure desired result is achieved.

  • Demonstrate core group values and behaviours in all aspects of the role, to be a strong ambassador for our brand.

Job Offer

An opportunity to make a difference to your community alongside great career progression.

Company

Michael Page specialises in the permanent, temporary and interim recruitment of qualified accountants. In fact, our organisation was founded to provide selection and recruitment services for accounting professionals and has been a market leader in this field for more than 35 years.

We have earned the trust of clients in industry and commerce, the banking and financial services markets and the public and not-for-profit sector. We also have an exemplary track record of completing assignments for everyone from small, boutique practices to the Big Four firms.

Many of our consultants have a background in accounting and finance – that’s real, grass roots expertise at your disposal. Combine that with the global reach you get from a company that has over 155 offices in 36 countries and you’re looking at a pretty formidable package. We are confident no other consultancy is better qualified to help you make that crucial, next step in your career.

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