Assistant Manager/Deputy Manager- Accounts & Finance (Cash & Treasury Management)

Panna Group; United Kingdom; On-site; GBP 40,000 - 70,000; Full time

Job summary

A financial services provider in the United Kingdom is looking for a candidate to manage their cash and treasury operations. Responsibilities include cash flow forecasting, maintaining relationships with banks, ensuring compliance with financial regulations, and coordinating with various teams for fund requirements. The ideal applicant will also support reporting and audits, guiding junior staff and enhancing liquidity management. This is a critical role for maintaining the financial health and operational efficiency of the organization.

Responsibilities

• Manage daily cash position, cash flow forecasting, and fund planning.
• Ensure optimum utilization of funds and maintain adequate liquidity.
• Monitor inflow and outflow of cash to support operational and strategic requirements.
• Prepare daily, weekly, and monthly cash position reports for management.
• Maintain strong relationships with banks and financial institutions.
• Handle bank accounts, deposits, withdrawals, fund transfers, and reconciliations.
• Ensure compliance with company policies, accounting standards, and regulatory requirements.
• Maintain proper documentation for all treasury and banking transactions.
• Support internal and external audits by providing required information and explanations.
• Coordinate with accounts team for accurate recording of cash and bank transactions.
• Review bank reconciliation statements regularly and resolve discrepancies.
• Assist in month-end and year-end closing activities related to cash and treasury.
• Support preparation of MIS, financial reports, and management dashboards.
• Coordinate with procurement, sales, and operations teams for fund requirements.
• Guide and supervise junior staff involved in cash and bank operations.
• Perform any other treasury or finance-related tasks assigned by management.

Job description

Cash & Treasury Management

• Manage daily cash position, cash flow forecasting, and fund planning.
• Ensure optimum utilization of funds and maintain adequate liquidity.
• Monitor inflow and outflow of cash to support operational and strategic requirements.
• Prepare daily, weekly, and monthly cash position reports for management.

Bank & Fund Management

• Maintain strong relationships with banks and financial institutions.
• Handle bank accounts, deposits, withdrawals, fund transfers, and reconciliations.

Compliance & Control

• Ensure compliance with company policies, accounting standards, and regulatory requirements.
• Maintain proper documentation for all treasury and banking transactions.
• Support internal and external audits by providing required information and explanations.

Accounting & Reporting Support

• Coordinate with accounts team for accurate recording of cash and bank transactions.
• Review bank reconciliation statements regularly and resolve discrepancies.
• Assist in month-end and year-end closing activities related to cash and treasury.
• Support preparation of MIS, financial reports, and management dashboards.

Team & Coordination

• Coordinate with procurement, sales, and operations teams for fund requirements.
• Guide and supervise junior staff involved in cash and bank operations.
• Perform any other treasury or finance-related tasks assigned by management.