Assistant Treasurer - 12 month Fixed Term Contract
SKILLS
FULL DESCRIPTION
Assistant Treasurer - 12 month Fixed Term Contract
[Employer hidden — sign up to reveal] - Head Office Walsall - Up to £46,000 plus benefits - Full Time - Fixed Term Contract - Hybrid
About the role...
We are currently seeking an Assistant Treasurer to join our Finance team. Based from our offices in Walsall, the role offers flexibility for hybrid working. The role is a fixed term contract for 12 months. Reporting to the Treasury Manager, the Assistant Treasurer will support the management of day-to-day liquidity, payment of both domestic and international transactions, and the settlement of FX transactions. The Assistant Treasurer will also assist with daily and quarterly cashflow forecasts, as well as cash reporting. Additionally, the role will support the management of online banking administration rights across multi banking platforms using a variety of currencies.
We uphold three core behaviours that guide all our actions: Love Our Customers, Care for Our Colleagues, Protect Our Pounds/Euros.
We reserve the right to close this vacancy early if we receive a high volume of applications for the role.
Why choose us?
- Professional development: comprehensive induction and in-house development programmes.
- Bonus potential
- Free on-site parking
- Onsite coffee lounge
- Exclusive store discounts (10% off)
- Family-friendly benefits
- My Staff Shop portal discounts
- Life assurance cover
- Health & wellbeing programme
- Generous holiday allowance (up to 33 days) plus birthday day off
- Pension scheme
Your Impact and Responsibilities…
- Updating the daily cashflow forecast to include all known actuals and estimated expenditure across multiple bank accounts in varying currencies.
- Identifying and flagging liquidity shortfalls over a 5-week period with recommended actions.
- Supporting Treasury Manager in ensuring adequate funds are maintained in each bank account.
- Management of daily payments across multiple bank accounts (CHAPS/ TT’s, Faster Payments; SEPA).
- Transferring funds between inter-bank accounts.
- Supporting the selling & swapping of currency and drawing down FX contracts.
- Assisting with weekly cash reporting of actual cash performance.
- Assisting with production of detailed 13-week cash flow forecast with variance analysis.
- Assisting with management and updating of online banking administration rights across multi banking platforms.
- Managing banking mandates and updating where necessary.
- Managing set-up of new bank accounts.
- Management of corporate credit cards.
- Arranging with banks timely drawn down of currency from FX contracts.
- Assisting Treasury Manager with FX forecasting, quarterly MTM reporting, and IFRS9 compliance.
- Liaising with cash team to check cash flow forecast actuals agree back to bank reconciliations.
- Authorising internal transfers between corporate and cash in transit bank accounts.
Skills and Knowledge…
- Previous experience in an Assistant Treasurer or Cash Management accountancy role.
- Previous experience in a fast-paced financial environment – retail advantageous.
- Understanding of different types of payments and multi-currency transactions.
- Understanding of Foreign Exchange hedging instruments and currency relationships.
- Problem solving skills and ability to drive changes to improve cash management.
- Ability to work on own initiative in unstructured environment.
- Excellent organisational skills with ability to manage multiple priorities.
- Strong communication skills across business functions and at all levels.
- Preferably Part-Qualified Accountant (CIMA/ACCA/ACA).
- Knowledge of Oracle Fusion advantageous.