Cash and Capital Accountant

NET Recruit; England; Hybrid; GBP 36,000 - 60,000; Full time

Benefits offered by this job

Hybrid working

Job summary

NET Recruit is partnering with a well-established organisation in the United Kingdom to recruit a proactive Cash and Capital Accountant on a 9-month fixed-term basis. You will own cash flow, liquidity, and working capital within a newly created treasury function, working closely with senior Finance leadership to minimise financial risk.

You will drive treasury process improvements, manage banking relationships, and support the organisation through significant integration and refinancing activity

Qualifications

• Strong technical understanding of cash flow forecasting, variance analysis, liquidity management and covenant reporting.
• Experience managing banking relationships and negotiating with financial institutions.
• Experience supporting treasury activity through merger, acquisition, refinancing or corporate integration is desirable.
• Proven ability to drive automation and process improvements within treasury functions.
• Excellent analytical and problem-solving skills with high attention to detail.

Responsibilities

• Managing daily cash operations and ensuring effective short- and long-term cash flow forecasting.
• Working with Finance and operational teams to reflect integration plans in cash flow forecasts.
• Acting as primary day-to-day contact for banking partners and the wider Group.
• Managing credit facilities and banking relationships, including negotiating banking fees.
• Ensuring compliance with intercompany loan agreements and hire purchase arrangements.
• Producing regular cash flow variance analysis and identifying drivers of movements.

Skills

Cash flow forecasting

Liquidity management

Covenant reporting

Stakeholder management

Automation and process improvement

Financial risk awareness

Analytical problem solving

Education

ACT/AMCT/ACA/ACCA/CIMA

Job description

Your Company:

NET Recruit is proud to be partnering with a well-established organisation following a significant merger and refinancing, in their search for a proactive and highly skilled Cash and Capital Accountant to join the business on a 9-month fixed term basis.
This is an exciting opportunity to join a newly created treasury function at an important stage of business integration. The successful candidate will take ownership of financial assets, cash flow and liquidity, working closely with senior Finance leadership to minimise financial risk, manage key funding relationships and optimise working capital.
With significant change and integration activity underway, this role will play an important part in ensuring the business maintains robust funding for its operational requirements whilst developing and embedding effective treasury processes for the future.

Your Role & Responsibilities:

While in this position your duties may include but are not limited to:

• Managing daily cash operations and ensuring effective short- and long-term cash flow forecasting.


• Working closely with Finance, operational teams and wider business stakeholders to ensure integration and migration plans are accurately reflected within cash flow forecasts.


• Acting as the primary day-to-day contact for banking partners and the wider Group.


• Managing credit facilities and banking relationships, including negotiating banking fees where appropriate.


• Ensuring compliance with intercompany loan agreements, asset-backed finance arrangements and hire purchase agreements.


• Preparing regular cash flow variance analysis and investigating the key drivers behind movements in cash performance.


• Producing cash flow, net debt and covenant forecasts for senior Finance and Group stakeholders.


• Providing strategic recommendations to the Finance Director around cash utilisation, funding requirements and drawdown decisions.


• Working with Group Finance to identify appropriate opportunities for investing surplus cash in suitable short-term instruments, whilst ensuring capital is appropriately protected.


• Supporting the effective management and optimisation of working capital.


• Reviewing and improving treasury management and forecasting processes to increase efficiency, accuracy and control.


• Driving automation and continuous improvement across treasury systems and processes.


• Strengthening financial controls and ensuring treasury activities are appropriately governed and documented.


• Supporting the wider Finance team through a period of significant business integration, refinancing and organisational change.

What You Will Need to Apply:

• Proven experience working within a Cash and Capital Accountant or similar senior position.


• Experience managing cash flow, liquidity and funding within a complex organisation.


• Ideally, previous experience supporting treasury activity through a merger, acquisition, refinancing or wider corporate integration.


• A relevant professional qualification such as ACT, AMCT, ACA, ACCA or CIMA.


• Strong technical understanding of cash flow forecasting, variance analysis, liquidity management and covenant reporting.


• Experience managing banking relationships and negotiating with financial institutions.


• Strong stakeholder management skills, with the confidence to work effectively with senior Finance leaders, banking partners and Group-level stakeholders.


• Commercial awareness and a strong understanding of financial risk, funding and working capital.


• Experience improving or implementing treasury systems and processes.


• A strong understanding of financial controls, with a proactive approach to identifying opportunities for automation and process improvement.


• Excellent analytical and problem-solving skills, with a high level of accuracy and attention to detail.


• The ability to work effectively in a fast-paced environment and manage competing priorities during a period of significant change.

What You Will Get in Return:

This is an excellent opportunity to join a newly established accountancy function at a particularly important stage of business transformation. You will have the opportunity to take ownership of key activities and make a tangible contribution to the financial stability and successful integration of the wider organisation. The role offers significant exposure to senior Finance leadership, banking partners and Group stakeholders, whilst providing the opportunity to shape treasury processes, strengthen controls and introduce improvements across systems and forecasting.
In addition to hybrid working, the role offers a salary of up to £60,000 and a strong benefits package including private medical and critical illness insurance, health and dental cash plans, life insurance, pension and access to financial wellbeing support. You will also have access to training and development opportunities, an Employee Assistance Programme, cycle-to-work and electric vehicle schemes, alongside colleague discounts and other wellbeing benefits.
This is a particularly interesting opportunity for an experienced Cash and Capital Accountant who enjoys working through periods of change and wants to play a key role in delivering robust financial management during a major business integration.