Deputy Group Treasurer

HFG; City Of London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A financial services firm in London is seeking a Deputy Group Treasurer to support the Group Treasurer with treasury and investment management. Responsibilities include managing cash flows, overseeing bank accounts, and liaising with auditors. The ideal candidate will be qualified in accounting or ACT with extensive knowledge of treasury management and regulatory requirements.

Qualifications

• Qualified accountant or ACT qualification required.
• Thorough knowledge of treasury management and investment accounting needed.
• Sound understanding of regulatory/statutory reporting requirements essential.

Responsibilities

• Oversee the opening/closing of syndicate and group bank accounts.
• Manage outsourced arrangements with banks and custodians.
• Liaise with syndicate and group auditors as necessary.
• Review daily/monthly cash flow forecasts and produce KPIs.
• Assist in preparing quarterly investment reports.
• Assist with currency asset/liability matching.

Skills

Treasury management

Investment accounting

Regulatory reporting

FCA handbook knowledge

Education

Qualified accountant or ACT qualified

Job description

HFG are currently partnering with a London market insurer in search for their next Deputy Group Treasurer. The role will be responsible for supporting the Group Treasurer in managing the syndicates and group entities investment and treasury day to day cash management, record-keeping, monitoring and providing financial reports to senior management/regulators/auditors to ensure it fulfils its regulatory requirements and assists with important business decisions.

Responsibilities:

• Oversee the opening/closing syndicate and Group bank accounts and updating and advising relevant third parties of changes in authorised signatory/trustee mandates.
• Manage outsourced arrangements with banks, custodians, rating agencies, Lloyd's treasury, appointed investment managers and consultants to ensure information is received in a timely basis and accurate.
• To liaise with the syndicate and Group auditors as necessary.
• To review daily/monthly cash flow forecasts and produce monthly cash/investment KPIs with commentary for the risk and compliance teams.
• Assist the Group Treasurer in preparing quarterly investment reports for the Finance and Investment committee and other ad hoc management information and analysis in relation to the managing agency's managed syndicates.
• Assist with currency asset/liability matching and execute currency purchases, sales and forward contracts ensuring settlement of these deals.

Profile:

• Qualified accountant or ACT qualified.
• Thorough knowledge of Treasury management and investment accounting.
• Sound understanding of the regulatory/statutory reporting requirements.
• Knowledge of FCA handbook.