Senior Treasury Manager

The Role..

The Senior Treasury Manager sits within the Group Finance Shared Service Centre in Milton Keynes and reports to the Group Financial Controller. The role is responsible for the compliance control and day-to-day management of treasury activities across a complex multinational hospitality group including group cash operations bank account governance banking mandates treasury administration and consolidated treasury reporting. This role will ensure the Group maintains sufficient liquidity across UK and international entities operates efficient banking structures manages financial risk in line with approved treasury tax and accounting policies and maintains strong internal controls over banking access payments and cash movements.

The role provides excellent exposure across the business to local finance teams tax legal FP&A IT internal audit external auditors and banking partners. It will also lead and develop a small treasury team of 1-3 people while supporting process improvement automation and standardisation across treasury activities.

Key Responsibilities..

• Own the operational management of Group treasury activities ensuring processes are controlled documented timely and compliant with Group policy.
• Lead global cash positioning short term cash flow forecasting (rolling 13 weeks) and working capital visibility across all local and international entities. Support the Commercial Finance team on medium- and long-term cash flow forecasting and liquidity planning.
• Manage the bank account lifecycle including account openings and closures banking mandates authorised signatory updates KYC packs bank documentation online banking platforms and periodic user access reviews.
• Maintain robust controls over payments intercompany funding cash pooling sweeping bank reconciliations and treasury-related master data.
• Act as a key relationship partner for all banking partners supporting negotiation and renewal of banking services facilities fees and account structures.
• Identify assess and manage foreign exchange interest rate counter party and liquidity risks supporting hedging strategies in line with approved tax accounting and treasury policies.
• Manage external debt and facility administration covenant compliance interest schedules guarantees letters of credit bank fees and other treasury instruments as required.
• Prepare consolidated treasury reporting for the Group Financial Controller CFO and senior leadership including cash debt short term (rolling 13 weeks) liquidity and forecast accuracy FX exposures bank accounts and key control metrics.
• Ensure compliance with treasury policies delegated authority limits regulatory requirements internal control standards and audit requirements including support for internal and external audit work streams.
• Support transformation projects such as bank rationalisation payment process improvement payment factory/shared service activities ERP/TMS implementations and treasury control enhancements.
• Own and update treasury policies standard operating procedures control matrices and bank-account governance documentation.
• Oversee treasury management systems and banking portals including Kyriba or equivalent TMS driving automation standardisation data quality and system optimisation.
• Partner with tax legal accounting and local finance teams on intercompany loans dividends funding flows and other corporate transactions.
• Manage coach and develop a small treasury team of 1-3 people setting clear objectives reviewing performance and building treasury capability within the shared service centre.
• Other activities and projects as assigned by the Group Financial Controller or CFO.
• Merchant acquiring and card payment acceptance: ownership of acquiring relationships settlement and chargeback/fee management.
• Investment of surplus cash and interest income optimisation within policy
• Sanctions and AML screening over payments and counter parties given the multinational payments base
• Treasury accounting under US GAAP and hedge accounting
• Board and Audit Committee treasury reporting

Experience required..

• You will likely hold a relevant professional qualification such as ACT/MCT or ACA or have equivalent corporate treasury experience gained in a multinational environment.
• Significant experience in corporate treasury cash management or treasury operations within a fast-paced multi-site or multinational business; hospitality retail consumer services or shared service centre experience would be beneficial.
• Strong knowledge of liquidity management cash pooling banking products bank account administration banking mandates FX hedging interest rate risk debt facilities guarantees and treasury controls.
• Proven experience managing a complex portfolio of bank accounts online banking platforms KYC requirements authorised signatories user access controls and treasury compliance activities across multiple entities and currencies.
• Experience preparing treasury reporting for senior finance leadership with the ability to explain cash debt risk and…