Treasury Manager - Insurance - London - £55,000

Recruiter
Oliver James Associates Limited
Location
City Of London
Salary
£45k - £55k pa + 15% Bonus
Posted
02 Dec 2016
Job Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Manage the day-to-day running of the Treasury team to ensure that the:

- Treasury team carries out its responsibilities in accordance with documented procedures and within established deadlines;
- Cashflow and liquidity is effectively monitored and forecast;
- Payments are made on timely basis ,following the required procedures and controls
- Processes and controls are regularly reviewed and improvements implemented;
- Overall management of banking relationships;
- Overall International treasury management.
- Projects, initiatives and objectives are delivered effectively and on a timely basis;

1. Management of the Treasury team:
- Manage the day-to-day performance and priorities of the Treasury team of 3 people;
- Provide operational and technical support to the Treasury team;
- Ensure that clear objectives are set for the team and performance is regularly monitored and reviewed;
- Liaise with stakeholders across Finance and the business on various cash matters;
- Provide cash oversight to other International financial operations offices;
- Support the Head of UK Finance Operations in the resolution of issues and by introducing improvements to process.

2. Cashflow and liquidity:
- Review and report on cashflow forecasts prepared on short and medium term basis;
- Monitor the working capital requirements for the group;
- Ensure that assets and liabilities are appropriately matched by currency;
- Identify cash requirements or excess balances to ensure cash is invested appropriately;
- Manage relationships with banking partners to ensure that cash is processed effectively;

3. Payments
- Manage the technical Insurance payments process ensuring all payments are made to required deadlines
- Ensure that all bank payments follow approved procedures and controls
- Ensure intercompany balances are settled on a timely basis and in line with tax regulations;
- Ensure all bank mandates are up to date.

4. Projects, initiatives and objectives are delivered:
- Manage effectively Treasury projects to ensure that they meet defined objectives and are delivered on time and on budget;
- Define objectives for the Treasury team in line with Financial Operations targets;
- Support the Head of UK Finance Operations and wider Finance department on strategic projects as required;
- Manage the Treasury team to deliver internal and external audit requests;
- Be a proactive member of the EFM, attending monthly meetings and liaising with peers outside of the meeting as relevant;
- Encourage a culture of continuous improvement and end to end process' thinking
- Use a collaborative approach when working with others.

5. Processes and Controls:
- Ensure procedure documentation is kept up to date;
- Complete the quarterly Internal Control Self-Assessments and monitor controls included within the Enterprise Risk Management, to ensure compliance with SOx and risk requirements.