Treasury Lead
- Recruiter
- Hutcheon Mearns
- Location
- Homeworking
- Salary
- Competitive salary
- Posted
- 22 Sep 2022
- Closes
- 22 Oct 2022
- Job role
- Treasury
- Sector
- Energy/utilities
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Qualified accountant
Our client is a large, international energy services business which offers a flexible and supportive work environment. With a successful history and an ambitious strategy, this company offers excellent career development opportunities.
We are supporting them to source an experienced Treasurer to carry out the following responsibilities from their Aberdeen location:
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Responsible for monthly treasury reporting and supervision of Treasury Accountant and Treasury Assistant
Responsible for ensuring the accurate and timely processing of all bank payments and receipts across the portfolio of bank accounts
Support the finance teams with bank reconciliation queries
Act as administrator of banking functions including corporate credit cards
Maintain the treasury elements of the risk register
Train finance and non-finance staff as required
Manage the multi-currency cashflow on a daily basis, including consolidation of short term and long-term forecasting and budgets
Provide variance analysis in cash balances and cashflows
Ensure adequate funding to enable completion and timeliness of supplier payments
Liaise with internal stakeholders to ensure funding availability
Responsible for interest and debt analysis, with provision of relevant information and report
Management of FX exposure on internal and external banking facilities
Monitoring and accounting of implemented hedges, oversee hedging requests sent to hedging committee
Work alongside the ERP System team and Finance to continuously improve the ERP system treasury processes, controls and reports
Liaise with implementation team and provide input to system changes for the new Payment Hub
Support the finance team with internal and external audit queries concerning treasury matters
Oversee loan agreements between Group companies and manage repayments
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Assess opportunities to optimise the financial controls framework
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Documentation of treasury processes, along with key risks and controls, ensuring alignment with Group Treasury policies
Continuous review of end-to-end processes to identify opportunities for improvements in cash reporting and transactional processing
Undertake any other reasonable duties, such as assisting with other business activities, as directed by the Finance Director, VP or other senior managers
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Fully qualified accountant or Treasurer, ICAS/ACCA/ACT or equivalent
Good academic record
Good general Treasury and cash management knowledge
Understanding of Treasury Accounting including foreign exchange, liquidity, cashflow and various Financial Instruments
Ability to assign duties and to management a team effectively
Self-motivated individual with effective organisational skills
Ability to undertake multiple tasks at the same time with the ability to meet and surpass project deadlines
Computer knowledge – a good knowledge of Microsoft Word and Spreadsheet
Possess exceptional analytical reasoning skills to think problems thoroughly and generate solutions.
At least 3 years’ cash management experience within the profession or industry, relevant work experience in oil and gas services preferred
Good working knowledge and experience with managing banking relationships