Interim Treasury Accountant

Interim Treasury Accountant

Department: Core - Finance

Employment Type: Fixed Term - Full Time

Location: Oxford, UK

As the business continues to experience fast international growth, the finance team are looking for an experienced Treasury Accountant. Reporting into the Head of Group Reporting, the Treasury Accountant will manage the day-to-day treasury activities of the Group, with a strong focus on cash management, accurate and insightful cashflow forecasting (including a rolling 13-week forecast), funding and loan reporting, and robust treasury accounting and controls across all countries and currencies.

The role requires a solid understanding of both the cash and accounting aspects of treasury.

This is a fantastic time to be joining Aurora Energy Research, and an opportunity to shape the Group’s approach to treasury and make the function your own.

Cash Management & Forecasting

• Manage the Group’s daily cash position across multiple currencies, entities and banking partners, ensuring sufficient liquidity to meet operational and strategic needs
• Prepare, maintain and continuously improve a rolling 13-week cashflow forecast, including variance analysis, commentary and reporting to the Finance Leadership Team
• Produce longer-term cash forecasts to support budgeting, funding requirements and capital expenditure planning
• Review payment runs and support payment approvals in line with short-term cash forecasts, budgets, liquidity requirements and internal controls

Funding & Group Loans

• Manage the Group’s loan facilities, including:
  • Ongoing reporting and monitoring
  • Covenant compliance and headroom analysis
  • Forecasting drawdowns and repayments
  • Ensuring facilities are available and can be accessed when required
• Prepare information for lenders and internal stakeholders relating to funding and liquidity
• Provide clear insight to management on funding capacity, risks and options

Intercompany Cash & Transfer Pricing

• Manage intercompany cash movements between Group entities, ensuring they are executed in line with transfer pricing policies, intercompany agreements and tax requirements
• Work closely with the Tax Manager to ensure intercompany funding, interest calculations and cash movements are compliant and appropriately documented.
• Support accurate accounting and reporting of intercompany balances, interest and settlements

Banking, Controls & Payments

• Own relationships with the Group’s banking partners globally, including day-to-day operational matters and negotiation of fees, terms and services
• Maintain oversight of bank account structures and mandates
  , ensuring they are up to date, well controlled and consistently documented across all countries
• Design, implement and maintain consistent processes for payments, approvals and controls across the Group to ensure cash is protected and processes are scalable
• Ensure strong treasury controls are in place to safeguard cash and comply with internal policies and external regulations

Accounting, Reporting & Close

• Ensure all bank accounts are reconciled daily and monthly, with transactions accurately coded and posted in Dynamics 365 (ERP)
• Take responsibility for treasury-related activities at month-end and year-end, including journals, reconciliations and supporting schedules
• Support the external audit process by providing treasury-related information and explanations
• Ensure treasury activity is correctly reflected in management accounts and statutory reporting

Foreign Exchange & Risk Management

• Design, implement and operate the Group’s Foreign Exchange Policy
• Monitor and report on foreign currency exposures and positions, working closely with local finance teams
• Identify and mitigate risks relating to FX, interest rates and liquidity, using hedging strategies where appropriate

Systems, Process & Stakeholder Management

• Work closely with FP&A, management accounts, tax manager and local finance teams to ensure accurate cash reporting and effective financial decision-making
• Partner with the ERP project team to enhance the ERP cash module, driving automation, improved controls and better treasury reporting
• Provide clear, insightful and timely treasury information and…