Treasury Manager

Insure Recruitment; City Of London; Hybrid; GBP 77,000 - 94,000; Full time

Benefits offered by this job

Private medical cover

Pension scheme

Holiday entitlement 25 days

Life insurance

Income protection

Job summary

Insure Recruitment is seeking an experienced Treasury Manager for a standalone treasury lead role in a growing insurance broker group in the UK. You will own cash, liquidity, banking and debt, reporting to the UK Finance Director and working with a broad Group Finance function.

The position is hybrid, with 2–3 days in the London office, offering a platform to shape treasury processes, enhance bank connectivity and strengthen controls within a regulated environment.

Qualifications

• ACA/ACCA or CIMA qualified and/or ACT qualified with strong treasury experience.
• Proven track record in cash flow forecasting and liquidity management.
• Experience with IBA/ client money and FCA CASS 5 controls is advantageous.

Responsibilities

• Own the group's cash flow forecasting, liquidity and funding.
• Manage banking estate, client money and signatories.
• Oversee debt facilities, drawdowns, repayments and lender reporting.
• Develop and maintain treasury controls, payment limits and fraud prevention.
• Support M&A activity and drive treasury process improvements.

Skills

Treasury management

Cash flow forecasting

Liquidity management

Treasury controls

Analytical skills

Stakeholder communication

Education

ACA/ACCA or CIMA qualified

Job description

Take full ownership of cash, banking and debt at a growing, acquisitive broking group.

Some treasury roles keep you at arm's length from the decisions. This one puts you next to them.

Our client is a specialist insurance broking group that has grown quickly, both organically and through a steady run of acquisitions. They're now looking for an experienced Treasury Manager to own cash, liquidity, banking and debt across the group. You'd report directly to the UK Finance Director and be the person senior management relies on to know exactly where the group's cash is, where it's going, and how it's protected.

This is a stand-alone treasury lead role, not one seat in a large team.

You'll be part of a well-established Group Finance function covering IBA (credit control), Accounting, FP&A, Treasury, and Change and Integration. It's a team that has grown with the business, and you'll work closely with all of it.

Why this role stands out?

• Ownership. Treasury is yours: forecasting, banking, debt, controls and policy.

• Visibility. Reporting to the UK Finance Director, you'll put your liquidity insight in front of senior leadership regularly.

• M&A exposure. You'll help fund deals and integrate acquired businesses' treasury and banking, experience that's hard to find at Treasury Manager level.

• Scope to build. You'll have a genuine mandate to improve bank connectivity, automate reconciliations and strengthen the control framework.

• Regulated expertise. You'll oversee client money under FCA CASS 5, a highly valued specialism that keeps your CV in demand.

• Balance. The role is hybrid, with 2-3 days a week in a London office.

What you'll be doing

Cash and liquidity

• Own the group's daily, weekly and medium-term cash flow forecasting, giving senior management clear visibility of liquidity.

• Manage cash positioning, funding of group entities and the efficient use of surplus cash.

• Work with FP&A and Accounting to align cash forecasting with the budget and forecast cycle.

Banking and client money

• Manage the group's banking estate and relationships, including account openings and closures, mandates and signatories.

• Oversee client money and Insurance Broker Accounts (IBA), working with the IBA team to make sure balances are protected and reconciled in line with FCA CASS 5.

Debt and lenders

• Manage the group's debt facilities, including drawdowns, repayments and interest.

• Act as the day-to-day contact for lenders.

• Prepare covenant calculations and lender reporting, maintaining the compliance calendar so every deadline is met.

Risk and controls

• Develop and maintain the treasury control framework, including payment authorisation limits, segregation of duties and fraud prevention.

• Monitor FX exposures and counterparty risk, and execute hedging and cash placement in line with group treasury policy.

• Keep the group treasury policy current and provide treasury input to month-end reporting and the year-end audit.

Growth and improvement

• Support M&A activity, including funding consideration and integrating acquired businesses' treasury and banking arrangements.

• Drive continuous improvement in treasury processes and systems, including bank connectivity and automated reconciliations.

What you'll bring

Essential

• ACA, ACCA or CIMA qualified and/or ACT qualified (AMCT/MCT), with strong hands-on treasury experience.

• A proven track record in cash flow forecasting, liquidity management and day-to-day treasury operations.

• A strong understanding of treasury controls, payment processes and fraud prevention.

• Excellent analytical skills and close attention to detail.

• The confidence to explain financial information clearly to non-finance stakeholders.

Preferred

• Experience in financial services, insurance broking or another regulated environment. Exposure to client money, IBA or CASS is a real advantage.

• Experience managing debt facilities, covenant reporting and lender relationships.

• Experience in an acquisitive or fast-growing business, including M&A integration.

Personal qualities

• Proactive and commercially minded, someone who spots what could work better and makes it happen.

• Comfortable working at pace and building trusted relationships across finance and the wider business.

Coming from corporate treasury? If you have strong cash, banking and debt experience but haven't yet worked in insurance, we'd still like to talk. Your treasury skills transfer directly, and this role is a great way into a resilient, growing sector.

Salary and benefits

• Basic salary up to £85,000, depending on experience.

• 25 days' holiday, plus an extra half-day off in your birthday month.

• Company pension scheme.

• Private medical cover.

• Life insurance, income protection and sick pay.

• Charity and volunteering days.

• Hybrid working, with 2-3 days a week in London.

• A supportive, inclusive culture that backs your ambitions and celebrates success.