Treasury Lead

Kraken; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

Kraken, a London-based energy technology company, is building a Treasury function to support rapid growth. You will partner with Finance and business units to manage liquidity, funding, FX risk and banking relationships to enable expansion.

This role reports to the Head of Tax with a dotted line to FP&A, offering an opportunity to implement a Global Transfer Pricing strategy and strengthen the treasury control environment as Kraken scales globally.

Qualifications

• For this senior Treasury role, you should have international treasury experience and strong business focus.
• Experience recruiting, developing and coaching a treasury team.
• Ability to build policies, processes and strategy in a startup-like environment.

Responsibilities

• Define and implement treasury strategies, plans, policies and governance.
• Manage bank and rating agency relationships and refinancing activities.
• Assess and manage FX, interest rate and counterparty risk.
• Ensure cash and liquidity are optimised with forecasts.
• Develop treasury systems and a robust controls framework.
• Develop cash pooling and cash management arrangements.
• Collaborate with business to improve working capital.
• Plan future expansion of treasury as the business scales.

Skills

Treasury management

Commercial awareness

Policy development

People leadership

Change management

Education

Treasury qualification

Job description

Help us use technology to make a big green dent in the universe!

Kraken powers some of the most innovative global developments in energy.

We create the technology that redefines utilities and unlocks a new energy system of the future. By optimising renewable generation, building a more intelligent grid, and empowering utilities to deliver an exceptional customer experience, our operating system is transforming the industry worldwide.

It’s an incredibly exciting time to work in energy. Join us on our mission to improve the lives of ONE BILLION humans within the decade and shape a cleaner, better future for everyone.

Where you'll fit in:

You will work closely with the Finance team and the business to provide management of funding and liquidity, global banking and cash management, and financial risk management e.g. currency risk.

As this role will report to the Head of Tax (with a dotted line into FP&A), there will be opportunity to support the Tax function, for example in implementing a complementary Global Transfer Pricing strategy or helping with international compliance. There will also be strong collaboration with the FP&A team as we plot our business and expansion plans.

This role is an exceptional opportunity to create a Treasury capability to support Kraken’s ambitious growth plans.

What you’ll own:

• Define and implement the strategies, plans, policies, governance structures and procedures to manage the treasury risks facing the group.
• Ensure compliance with group treasury policy and own the group treasury policy to ensure it is updated and refreshed as and when necessary.
• Effectively manage bank and rating agency relationships, and play a key role in refinancing activities.
• Assessment and management of all business-related financial risks including FX, interest rate and counterparty risk management.
• Ensure efficient management of cash and liquidity through robust short-term and long-term cash flow forecasting.
• Development of treasury systems environment and robust controls framework.
• Development of cash pooling and cash management arrangements.
• Work with the business to oversee and help improve working capital performance.
• Consider future plans for further expansion of the function as the business scales.

What you’ll bring to the party:

• You will be a treasury professional with experience in an international treasury environment.
• Strong commercial awareness and business focus.
• Proven technical skills in all areas of treasury management.Strong communication skills at all levels.
• Ability to work in a “start up” environment, experience developing policies, processes, and strategy.
• Experience of recruiting, developing, and coaching a treasury team, setting the direction, driving execution, and initiating change.

Bonus points:

• Relevant treasury or accounting qualification advantageous but not essential

Are you ready for a career with us? We want to ensure you have the right tools and environment to unleash your potential. If you have any accommodation requests, please contact us at [e-mail]. We’ll do our best to tailor the experience to your needs so you can feel comfortable, confident and be at your best!

Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we’re looking for! At Kraken, we’re creating a team of genuine, honest, empathetic people. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. We consider all applicants without regard to race, colour, religion, national origin, age, sex, gender identity or expression, sexual orientation, marital or veteran status, disability, or any other legally protected status.

Our (i) Applicant and Candidate Privacy Notice and Artificial Intelligence (AI) Notice, (ii) Website Privacy Notice and (iii) Cookie Notice govern the collection and use of your personal data in connection with your application and use of our website. These policies explain how we handle your data and outline your rights under applicable laws, including, but not limited to, the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). Depending on your location, you may have the right to access, correct, or delete your information, object to processing, or withdraw consent. By applying, you acknowledge that you’ve read, understood and consent to these terms

Please note that, in line with our current recruitment policy, we are unable to offer visa sponsorship for this position; applicants must have the right to work in the country that they're applying to, at the time of application.