Head of Treasury

Smiths Detection; Hemel Hempstead; On-site; GBP 80,000 - 110,000; Full time

Job summary

A global business in finance seeks a Head of Treasury to lead the treasury function, managing liquidity, FX risk, and funding structures. This key role involves designing a new treasury operation and ensuring compliance with regulations. Ideal candidates will have ACT qualification and 5–10 years of experience in multinational treasury roles. The position is based in Hemel Hempstead or London, offering a unique opportunity to shape a finance function during a major transformation.

Benefits

Opportunity to shape a new function

Collaborate with senior leadership

Influence strategic decisions

Qualifications

• 5–10 years of experience in a multinational corporate treasury role.
• Experience in carve-outs, M&A, or private equity-backed environments is highly desirable.

Responsibilities

• Design and implement a new Treasury function.
• Manage liquidity, foreign exchange risk, and funding structures.
• Ensure compliance with covenants and regulatory requirements.
• Lead and develop a Treasury Analyst.

Skills

Liquidity management

FX risk management

Stakeholder management

Problem-solving

Project management

Education

ACT qualified (or equivalent)

Job description

Job Description

Following the planned separation from Smiths Group and acquisition by CVC Capital Partners, we are building a standalone finance function to support our next chapter of growth. This is a unique opportunity to shape and lead the Treasury function for a newly independent global business.

The Role

As Head of Treasury, you will have overall responsibility for Smiths Detection’s financing strategy and operations. This is a critical leadership role, tasked with designing and implementing a new Treasury function from the ground up. You will manage liquidity, foreign exchange risk, funding structures, and treasury systems to ensure robust financial control and compliance across a global footprint.

This role can be based in either Hemel Hempstead, Hertfordshire, or London, Blackfriars.

Key Responsibilities

• Build the Treasury Function : Design and implement processes, policies, and systems for a standalone treasury operation post-separation.
• Liquidity Management : Develop short-term cash flow forecasting, implement cash pooling, and optimise group liquidity.
• FX & Risk Management : Identify and mitigate currency and interest rate risks using appropriate hedging strategies and ensure IFRS9 compliance.
• Intragroup Funding : Structure and oversee intercompany loans and netting arrangements aligned with tax and financing strategy.
• Treasury Systems : Implement a Treasury Management System and maintain a database for loans, guarantees, and financial instruments.
• Trade Finance : Manage credit lines, bonds, and guarantees to support global operations.
• Policy & Governance : Own treasury policies and ensure compliance with covenants and regulatory requirements.
• Leadership : Manage and develop a Treasury Analyst and collaborate with senior stakeholders across Finance, Tax, and the wider business.

Why Join Us?

• Shape a new Treasury function during a major corporate transformation.
• Work in a global business with complex financial structures.
• Collaborate with senior leadership and influence strategic decisions.

Apply now to be part of Smiths Detection’s exciting journey as we build a world-class finance function for the future.

Qualifications

ACT qualified (or equivalent) with 5–10 years’ experience in a multinational corporate treasury role.

About You

• Proven ability to manage liquidity, FX risk, and funding structures.
• Hands‑on approach with strong problem‑solving and project management skills.
• Excellent stakeholder management and communication skills.
• Experience in carve‑outs, M&A, or private equity‑backed environments is highly desirable.

We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of color, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.