Treasury Manager

Deverell Smith; City Of London; On-site; GBP 60,000 - 75,000; Full time

Job summary

A growing real estate investment fund in the UK is seeking a Treasury Manager to enhance their treasury function. The successful candidate will manage cash flows, debt structures, and covenant compliance while collaborating with internal teams. This role suits a commercially minded professional eager to contribute to a business in growth. Competitive compensation and professional support offered.

Qualifications

• Qualified accountant or treasury professional would be desirable.
• Strong experience in treasury, ideally within real estate investment management.
• Advanced Excel and financial modelling capabilities with exceptional attention to detail.

Responsibilities

• Build and maintain cash-flow forecasts across multiple entities.
• Manage loan drawdowns and interest calculations.
• Maintain up-to-date covenant models and lender reporting packs.
• Oversee payment processes and cash transfers.
• Collaborate with the finance team on accounting and reporting.

Skills

Strong experience in treasury

Advanced Excel

Financial modelling capabilities

Strong communication

Collaborative team player

Education

Qualified accountant or treasury professional

Job description

A rapidly growing real estate investment fund business is expanding its UK operations and creating an additional role within its finance team. The organisation owns, manages and operates real estate assets within complex fund, corporate, and financing structures, creating a need for a dedicated Treasury Manager to strengthen liquidity planning, debt management, and treasury operations.

This role offers the opportunity to shape and enhance a developing treasury function in a business entering an exciting phase of growth. The successful candidate will take ownership of forecasting, funding, covenant compliance, treasury controls, and treasury-related reporting, working closely with senior internal and external stakeholders.

The role would be well suited to a commercially minded treasury professional looking to shape the function as they continue their growth journey over the coming years.

Key Responsibilities include:

Cash-flow & Liquidity Management

• Build and maintain detailed short- and long-term cash-flow forecasts across multiple entities, portfolios, and fund structures
• Ensure liquidity is optimised for operational needs, investment activity, and strategic planning
• Analyse variances between actual and forecast cash-flows, providing clear insights to management
• Support capital planning including investor capital calls and fund-level liquidity monitoring

Loan & Debt Management

• Manage loan drawdowns, utilisation requests, and interest/capitalisation calculations
• Maintain accurate schedules for interest, financing costs, amortisation, and debt service obligations
• Prepare monthly reconciliations of loan balances and support refinancing analysis
• Maintain complete records of loan terms, covenants, maturities, intercompany loans, and funding flows

Covenant Monitoring & Lender Reporting

• Maintain up-to-date covenant models, forecasts, sensitivities, and headroom analysis
• Provide proactive early warning of covenant risks and support mitigation planning
• Prepare covenant certificates, lender reporting packs, and supporting commentary

Distribution & Intercompany Planning

• Model and plan intercompany and fund distributions, ensuring compliance with facility agreements, tax requirements, and REIT obligations
• Maintain accurate schedules of distributable reserves and REIT distribution requirements
• Work with finance and tax teams to ensure efficient, lawful execution of distributions

Treasury Operations & Controls

• Oversee payment processes, cash transfers, bank reconciliations, and account administration
• Strengthen treasury controls, approval processes, and reporting frameworksMaintain comprehensive records of bank accounts, mandates, and operational workflows
• Support system improvements, process enhancements, and the implementation of best-practice treasury procedures
• Contribute to board materials, resolutions, and documentation relating to treasury matters

Additional Support Within Finance Function

• Collaborate with the finance team on accounting, reporting, audits, and internal reviews
• Provide ad-hoc financial modelling, scenario analysis, and support for strategic initiatives

What they are looking for in a successful candidate:

• Qualified accountant or treasury professional would be desirable
• Strong experience in treasury, ideally within real estate investment management or development
• Advanced Excel and financial modelling capabilities with exceptional attention to detail
• Confident managing debt structures, covenants, intercompany loans, and multi-entity cash-flows
• Strong communicator who can build effective relationships across internal teams and external stakeholders
• A collaborative team player with a continuous improvement mindset

If this sounds like a role that would be well suited to your experience and skill set then please apply now.

Alternatively, if you would like to know more about the position then please contact Joseph Morris at deverellsmith for a confidential conversation.