Deputy Treasurer

NEXT Retail Ltd.; Leicester; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading UK retail company seeks a Deputy Treasurer to manage treasury operations, optimize cash flow, and support financial strategies. This role involves leading a team, managing banking relationships, and ensuring compliance. The position offers competitive salary and benefits, including performance bonuses and discounts on products.

Benefits

25% off most NEXT products

Company performance-based bonus

On-site Nursery

10% off most partner brands

Early VIP access to sale stock

Discounts at Staff Shops

Digital GP and health services

Free on-site parking

Financial Wellbeing support

Apprenticeship programs

Qualifications

• Significant experience in corporate treasury or financial institution.
• Strong knowledge of cash management and banking products.

Responsibilities

• Support the Group Treasurer in treasury strategy development.
• Lead daily cash and liquidity management activities.
• Manage relationships with banks and financial institutions.

Skills

Analytical skills

Problem-solving

Communication

Education

Qualified accountant (ACA/ACCA/CIMA)

ACT-qualified treasury professional

Tools

Bloomberg

TMS

Excel

Job description

Job Description

Job Title: Deputy Treasurer
Location: Head Office, Leicester
Salary: Competitive plus bonus, car & benefits

About the Role

We are looking for a highly motivated and commercially aware Deputy Treasurer to join our Treasury Finance Team at Next plc Head Office. This is a fantastic opportunity to play a key role in managing the Group’s treasury operations, supporting strategic financial decision-making, and ensuring robust risk management in a dynamic retail environment.

As Deputy Treasurer, you will report to the Group Treasurer and lead the day-to-day treasury function, helping to optimise cash flow, manage banking relationships, and support funding, liquidity, and foreign exchange strategies across the business.

Key Responsibilities

• Support the Group Treasurer in the development and execution of the Group’s treasury strategy.
• Lead daily cash and liquidity management activities, ensuring efficient use of funds across the business.
• Manage relationships with banks and financial institutions, negotiating terms and maintaining compliance with facility agreements.
• Oversee the Group’s FX and interest rate risk management, including hedging strategies and policy adherence.
• Support debt issuance, refinancing activities, and covenant reporting.
• Ensure treasury operations are aligned with internal controls, regulatory compliance, and best practice.
• Work closely with internal finance, tax, legal, and commercial teams to support business initiatives and capital projects.
• Lead, develop, and mentor junior members of the treasury team.

About You

• A qualified accountant (ACA/ACCA/CIMA) or ACT-qualified treasury professional.
• Significant experience in a corporate treasury function or financial institution, ideally within a listed company.
• Strong knowledge of cash management, financial markets, FX/IR risk, and banking products.
• Excellent analytical and problem-solving skills with strong attention to detail.
• Effective communicator with the ability to build relationships across functions and senior stakeholders.
• Confident using treasury systems and financial tools (e.g., Bloomberg, TMS, Excel).

About Us

You know Next, but did you know we’re a FTSE-100 retail company employing over 35,000 people across the UK and Ireland? We’re the UK’s 2nd largest fashion retailer and for Kidswear we’re the market leader. We have over 500 stores, plus online shopping available in over 70 countries worldwide. We’ve gone global!

Benefits

• 25% off most NEXT, MADE*, Lipsy*, Gap*, and Victoria's Secret* products (*when purchased through NEXT)
• Company performance-based bonus
• On-site Nursery (OFSTED outstanding)
• 10% off most partner brands & up to 15% off Branded Beauty
• Early VIP access to sale stock
• Discounts at Staff Shops
• Affordable restaurant options
• Digital GP and health services
• Free on-site parking
• Financial Wellbeing support
• Apprenticeship programs
• Direct to Work online and in-store discounts
• Support Networks and Wellhub for fitness and wellbeing

Conditions apply; benefits are discretionary and subject to change.

We support candidates with workplace adjustments. For assistance, contact us at [e-mail] or call 0116 284 2486.

Job Info

• Job Identification: 70542
• Category: Finance
• Posting Date: 16/05/2025, 08:45 AM