Interim Treasury Manager

Interim Treasury Manager

Department:
Finance

Location:

UK / International Region

Reports To:

Head of Tax & Treasury

The Interim Treasury Manager will be responsible for supporting the stand‑up and ongoing management of the International Treasury function following the separation of the business from the previous parent organisation.

The role will take ownership of day‑to‑day Treasury operations, cash visibility, banking administration, liquidity reporting, Treasury controls and policy documentation. In addition, the role will support the development of a more structured treasury governance framework, including documented policies, processes, controls and a Treasury Committee.

This is a key role requiring both hands‑on operational treasury experience and the ability to design and improve Treasury processes in a changing international business environment.

• Develop, document and implement an appropriate Treasury Policy, or suite of Treasury policies, for the International business.
• Ensure Treasury policies are suitable for the size, structure and risk profile of the organisation.
• Cover key areas including cash management, liquidity, banking, approvals, payment controls, intercompany funding, FX exposure, interest income and Treasury reporting.
• Work with Finance leadership to agree Treasury governance standards, approval levels and escalation routes.
• Ensure policies are clear, practical and capable of being followed by Finance and business stakeholders across the International region.
• Review existing Treasury practices and identify gaps, risks or areas requiring formalisation.

• Put in place documented Treasury processes and controls across key Treasury activities.
• Document procedures for cash forecasting, cash positioning, bank account management, payment approvals, liquidity reporting, FX exposure review and Treasury reporting.
• Establish clear controls to reduce risk, improve visibility and strengthen financial governance.
• Ensure appropriate segregation of duties across Treasury activities, payment approvals and banking administration.
• Review current banking access, mandates and approval processes, making recommendations for improvement where required.
• Support internal control requirements, audit and KYC readiness by maintaining clear process documentation and evidence of approvals.

• Support the creation and operation of a Treasury Committee.
• Draft proposed terms of reference, including purpose, membership, frequency, reporting requirements and decision‑making authority.
• Prepare Treasury reporting packs for committee meetings, including cash position, liquidity, key risks, FX exposure, banking matters and action tracking.
• Ensure decisions and actions from Treasury Committee meetings are documented and followed up.
• Work with senior Finance stakeholders to embed Treasury Committee governance into the wider Finance operating model.

• Review current cash management processes and identify options to optimise cash visibility, cash utilisation and interest income.
• Support improved daily, weekly and monthly cash reporting across the International region.
• Review cash pooling, bank account structures, intercompany balances and trapped cash where relevant.
• Identify opportunities to reduce idle cash and maximise interest income within agreed risk parameters.
• Work with Finance teams to improve cash forecasting accuracy and reporting discipline.
• Provide clear recommendations to Finance leadership on short‑term and medium‑term cash optimisation opportunities.

• Review current foreign exchange exposures across the International business.
• Identify any material FX risks requiring monitoring, reporting or potential hedging action.
• Support the review of FX hedging needs, including exposures linked to Turkey and any risk of unexpected currency devaluation.
• Work with Finance leadership to assess whether hedging arrangements are required and ensure any proposed approach is supported by appropriate policy and governance.
• Document FX exposure review processes and reporting requirements.
• Support the…