Cash Management Team Leader

DFS Trading Ltd; Doncaster; On-site; GBP 40,000 - 56,000; Full time

Benefits offered by this job

23 days holiday

Annual Bonus

Pension with company contributions

Life assurance

Health cash plan

Cycle to Work

Sharesave scheme

Learning Hub

Job summary

DFS Group in the United Kingdom is seeking a Cash Management Team Leader to lead a specialist team responsible for transactional banking operations, cash book postings, reconciliations, and financial controls. You will drive process standardisation across brands, monitor SLAs and KPIs, and provide weekly and monthly reporting to stakeholders.

The role focuses on coaching, developing the team, ensuring accurate ledgers and timely reconciliations, and collaborating with Finance, Audit, and

Qualifications

• Understanding of double-entry cash book postings and balance sheet reconciliations.
• Strong understanding of cash management, treasury operations and banking systems.
• Leadership and development of a team including running effective 1:1s, team meetings and performance discussions.
• Proficient in G Suite and ability to prepare and present data to support activities.
• Experience completing complex reconciliations with large volumes of data.

Responsibilities

• Leading, training, and upskilling the team to build capability, improve technical knowledge, and support Personal development plans (PDP's).
• Reviewing and approving cash book postings prepared within the team to ensure the ledgers are accurate and uptodate
• Reviewing multi currency bank reconciliations and period end activity to ensure a smooth and well managed financial close
• Managing escalations and discrepancies from reconciliations to ensure resolution and ownership in line with policies
• Ensuring cash positions are updated and accurate
• Drive accurate and timely reconciliation of customer payments across the group
• Overseeing Ad hoc payments, direct debits and other activity to ensure processes are robust and policies are in place and being followed
• Producing weekly and monthly reporting on team performance and operational issues and lead conversations with retail teams to feedback findings where required
• Identifying changes to processes to align brands and remove 'brand separation of the team and process'
• Monitoring, reviewing and reporting on service level agreements (SLAs) and key performance indicators (KPIs)Lead and drive within the team the culture of accountability, collaboration, and continuous improvement,
• Focusing on performance and development, engaging with learning and development opportunities
• Acting as a key point of contact for internal stakeholders, building strong, effective relationships with Finance, Audit and other internal teams

Skills

Leadership

Team development

Cash management

Bank reconciliations

Data validation

Google Sheets

Excel

Education

AAT or financial qualification

Tools

G Suite

Google Sheets

Excel

Job description

At DFS Group, we're proud to help people create spaces they love to live in. We're home to DFS, Sofology, and The Sofa Delivery Company: three brands with their own personalities, brought together by a shared mission.

Behind our brands is a passionate Group team. From Finance and Technology to People, Marketing and Supply Chain, our Group functions power everything we do. They create the foundations that allow our brands to thrive, innovate and grow.

Whether you're supporting our brands or serving our customers, the mindset that connects us means we expect more of ourselves and each other. It means every customer is our favourite, every voice is valued, and every interaction is one we're proud of.

When you're part of a community that shares your way of thinking, the wins feel bigger. The effort feels worth it. It's a place where people stay because they feel valued, and find room to grow because they're challenged.

About the role

As a Cash Management Team Leader you will lead, coach, and develop a team of specialists while acting as the primary point of contact for transactional banking operations, ensuring accurate ledger maintenance, timely multi-currency bank reconciliations, and robust financial controls.

You will be responsible for reviewing and approving cash book postings, managing escalations and complex reconciliations, overseeing ad hoc payments and cash forecasting, and delivering comprehensive weekly and monthly reporting. By driving process standardization across brands, monitoring SLAs and KPIs, and fostering a culture of accountability, collaboration, and continuous improvement across Finance, Audit, and internal teams, you will ensure operational excellence and strategic alignment with wider business objectives.

What you'll be responsible for

Leading, training, and upskilling the team to build capability, improve technical knowledge, and support Personal development plans (PDP's).

Reviewing and approving cash book postings prepared within the team to ensure the ledgers are accurate and uptodate

Reviewing multi currency bank reconciliations and period end activity to ensure and smooth and well managed financial close

Managing escalations and discrepancies from reconciliations to ensure resolution and ownership in line with policies

Ensuring cash positions are updated and accurate

Drive accurate and timely reconciliation of customer payments across the group

Overseeing Ad hoc payments , direct debits and other activity to ensure processes are robust and policies are in place and being followed

Producing weekly and monthly reporting on team performance and operational issues and lead conversations with retail teams to feedback findings where required

Identifying changes to processes to align brands and remove 'brand separation of the team and process

Monitoring, reviewing and reporting on service level agreements (SLAs) and key performance indicators (KPIs)Lead and drive within the team the culture of accountability, collaboration, and continuous improvement,

Focusing on performance and development, engaging with learning and development opportunities

Acting as a key point of contact for internal stakeholders, building strong, effective relationships with Finance, Audit and other internal teams

We're looking for someone who has

Understanding of double entry cash book postings and experience in balance sheet and bank reconciliations- AAT or financial qualification is advantageous

Strong understanding of cash management, treasury operations and banking systems

Leadership and development of a team including running effective 1;1's, team meeting and performance discussions

Proficient in G suite and ability to prepare and present data to support activities

Highly proficient in data validation and reconciliation in Google sheets/ excel

Previous experience completing complex reconciliations with large volumes of data

Experienced in resolving data discrepancies and producing regular reporting

Experience using multiple systems to perform work with prior experience of payment and banking platforms

Strong demonstrable experience of process improvement and supporting new technologies and/or system changes

Broad understanding of financial controls and compliance

Don't let it discourage you if you don't have all of this experience, it's a guideline that will help you hit the ground running.

Room to grow

Everyone at DFS Group begins with a structured induction designed to help you understand our brands, our culture and how we work together.

From day one, you will have access to our online Learning Hub, filled with digital courses, tools and resources to support your development.

For leaders, we offer virtual workshops focused on building confident, capable leadership. We also run skills-based workshops to strengthen core capabilities across the business.

Colleagues can also undertake nationally recognised qualifications through our apprenticeship programmes, giving you the opportunity to gain external accreditation while you grow your career with us.

We believe great work deserves great support. That's why we offer benefits that help you grow, feel looked after, and enjoy life beyond work. Here's what we have to offer:

23 days holiday, plus the option to buy up to 5 more

Annual Bonus

Enhanced parental leave

Health cash plan from £1 a month, with everyday cashback

Employee Assistance Programme for support when you need it

Extras like flu vouchers, menopause support and health check

Pension with company contributions

Life assurance for peace of mind

Sharesave scheme to save each month and invest in our future

Structured induction from day one

Access to our Learning Hub and skills workshops

Leadership development and apprenticeship programmes

30% colleague discount, plus 15% for friends and family, three times a year

Discounts and cashback at hundreds of retailers

SmartTech scheme to buy tech up to £1,000

Cycle to Work scheme for bikes and accessories up to £1,500 through salary sacrifice

Electric vehicle lease scheme with Octopus to help you save and reduce your impact

One paid volunteering day each year

Equal opportunities

We're proud to be an equal opportunities employer, committed to building a workplace that reflects the communities we serve and makes room for different backgrounds, perspectives and experiences.

We turn that commitment into action through colleague networks, trusted partnerships and recognised accessibility initiatives such as the Hidden Disabilities Sunflower.

If your experience does not quite match every part of the role, we'd still love to hear from you.

If you need any adjustments or additional support during the application process, please contact our Talent Team at

[e-mail] and we will be happy to help.