Cash Management Team Leader

DFS; South Yorkshire; On-site; GBP 45,000 - 70,000; Full time

Benefits offered by this job

23 days holiday

Annual Bonus

Pension with company contributions

Life assurance

Job summary

DFS Group is seeking a Cash Management Team Leader to guide a specialist team responsible for transactional banking operations, ledger integrity, and cash forecasting. You will review postings, manage reconciliations, and deliver high-quality reporting while driving standardisation across DFS brands.

The role requires strong leadership, treasury knowledge, and experience with bank systems. You will collaborate with Finance, Audit and internal teams to ensure control, accuracy, and continuous

Qualifications

• Understanding of double entry cash book postings and balance sheet reconciliations. AAT or financial qualification advantageous.
• Strong understanding of cash management, treasury operations and banking systems.
• Leadership and development of a team including running 1:1s, team meetings 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.

Responsibilities

• Lead, train and upskill the team to build capability and develop PDPs.
• Review and approve cash book postings to ensure ledgers are accurate.
• Review multi-currency bank reconciliations and period-end activity for smooth financial close.
• Manage escalations and discrepancies from reconciliations per policy.
• Ensure cash positions are updated and accurate.
• Drive timely reconciliation of customer payments across the group.
• Oversee ad hoc payments, direct debits and related activity.
• Produce weekly and monthly reporting on team performance and operational issues.
• Identify process changes to align brands and remove process silos.
• Monitor SLAs and KPIs; report findings to stakeholders.
• Lead a culture of accountability and continuous improvement within Finance and internal teams.
• Act as key contact for Finance, Audit and other internal teams.

Skills

Leadership

Team development

Cash management

Bank reconciliations

Treasury operations

Data validation

Google Sheets

Excel

G Suite

Financial controls

Stakeholder management

Education

AAT or financial qualification (advantageous)

Tools

Banking platforms

Multiple systems

Job description

Job Type: Permanent Job Sector: Accounting Region: Yorkshire Location: Doncaster Salary Description: Competitive salary based on skills and experience

About us

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.

Our DFS Group benefits

• 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 oneAccess 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.