Treasury Manager

CKB Recruitment; City Of London; Hybrid; GBP 72,000 - 88,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

CKB Recruitment is assisting an expanding insurance business in London to recruit a Treasury Manager into its Group Finance team. You will own cash, liquidity and debt management, providing senior leadership with clear cash visibility and supporting acquisitions.

You will oversee treasury controls, banking relationships and FX management, with a focus on process improvements and automation to strengthen the treasury function as the group grows.

Qualifications

• Experience in treasury with cash flow forecasting and liquidity management.
• Knowledge of debt facilities, covenant reporting and lender relations is advantageous.
• Accounting or treasury qualification welcome; qualified by experience also considered.

Responsibilities

• Take ownership of daily, weekly and medium-term cash flow forecasting.
• Manage cash positioning, funding and surplus cash within the group.
• Oversee banking relationships, accounts, mandates and signatories.
• Ensure client money protection under FCA CASS 5 and reconciliations.
• Manage debt facilities, drawdowns, repayments and interest with lenders.
• Prepare covenant calculations and lender reporting by deadlines.
• Maintain treasury controls and fraud prevention, including payment authorisation.
• Monitor FX exposure and counterparty risk, hedge in line with policy.
• Support acquisition funding and integration of banking arrangements.
• Improve treasury processes through automation and reconciliations.

Skills

Treasury experience

Cash flow forecasting

Liquidity management

Debt facilities

Lender relationships

Education

Accounting or treasury qualification (ACA/ACCA/CIMA/ACT)

Job description

Treasury Manager
Up to £80,000 basic salary + discretionary bonus
London Hybrid - typically 3 days in the office Permanent

Are you an experienced treasury professional looking for a role where you can take ownership, work closely with senior leadership and support a growing insurance group?

CKB Recruitment is working with an expanding insurance business to recruit a Treasury Manager into its Group Finance team. With growth coming through both organic expansion and acquisitions, this is an opportunity to influence how treasury operates across the group and make a meaningful contribution to its ongoing development.

The opportunity

Reporting to the UK Finance Director, you will take responsibility for the group's cash, liquidity, banking and debt management.

You will give senior leaders clear visibility of the cash position, help safeguard client and office monies, and ensure banking and funding arrangements run efficiently. Alongside the day-to-day responsibilities, you will support acquisitions and help improve treasury processes, systems and controls.

What you will be doing

• Taking ownership of daily, weekly and medium-term cash flow forecasting.

• Managing cash positioning, funding across group entities and the effective use of surplus cash.

• Managing banking relationships, bank accounts, mandates and signatories.

• Working closely with the IBA team to ensure client money balances are protected and reconciled in line with FCA CASS 5 requirements.

• Managing debt facilities, including drawdowns, repayments and interest, and acting as a key contact for lenders.

• Preparing covenant calculations and lender reporting, ensuring deadlines are met.

• Maintaining robust treasury controls, including payment authorisation, segregation of duties and fraud prevention.

• Monitoring foreign exchange exposure and counterparty risk, with hedging and cash placement in line with group policy.

• Supporting acquisition funding and the integration of acquired businesses' banking and treasury arrangements.

• Improving treasury processes through automation, bank connectivity and more efficient reconciliations.

• Contributing to monthly reporting, year-end audits and the wider budgeting and forecasting process.

What we are looking for

You will bring strong, hands-on treasury experience, with a proven track record in cash flow forecasting, liquidity management and day-to-day treasury operations.

Insurance experience would be particularly useful, although candidates from the wider financial services sector are also encouraged to apply. Experience managing debt facilities, covenant reporting and lender relationships would be an advantage.

An accounting or treasury qualification, such as ACA, ACCA, CIMA or ACT, would be welcome. However, candidates who are qualified by experience or still studying will also be considered, provided they can demonstrate the relevant expertise.

Just as important is how you work with people. You will be personable, approachable and confident building relationships across the business, with the ability to explain financial information clearly to colleagues outside finance.

You will also have strong attention to detail, sound commercial judgement and the initiative to identify improvements and see them through.

What's on offer

• Basic salary of up to £80,000.

• Discretionary bonus.

• Permanent position within a growing insurance group.

• Hybrid working, typically with 3 days per week in the London office. Two days may be considered in exceptional circumstances.

• Broad responsibility across treasury, with exposure to senior leadership and acquisition activity.

• The opportunity to shape processes and strengthen the treasury function as the business grows.

The business is keen to appoint promptly, so applications are particularly welcomed from candidates who are immediately available or have a notice period of one month or less.