Treasury Manager

Distinct | B Corp; East Midlands; Hybrid; GBP 34,000 - 58,000; Full time

Benefits offered by this job

Hybrid work

Flexible working arrangements

30 days annual leave + bank holidays

Supportive working environment

Job summary

Distinct | B Corp, a leading higher education organisation in the East Midlands, is seeking an experienced Treasury Manager to own the treasury function and shape its financial strategy.

You will lead cash forecasting, debt management and investment activities, while driving treasury improvements and controls across the organisation. The role combines strategic oversight with hands-on management of a small treasury team.

Qualifications

• Experience in treasury management within a sizeable organisation.
• Cashflow forecasting and cash management.
• Banking and lender relationship management.
• Debt facilities, covenants and/or refinancing.
• Investments and investment management.
• Treasury strategy, policy and risk management.
• Working with senior stakeholders and presenting financial information.

Responsibilities

• Taking ownership of the organisation’s treasury strategy, including cash, banking, debt and investments.
• Managing relationships with banks, lenders, investment managers and other external financial partners.
• Leading the ongoing renegotiation and management of banking facilities, including the organisation’s RCF.
• Managing a significant debt portfolio and supporting future borrowing requirements.
• Overseeing and developing the organisation’s investment strategy and policies.
• Monitoring debt covenants and ensuring compliance with lending agreements.
• Owning and leading the Treasury Committee, preparing papers and recommendations.
• Providing robust cashflow forecasting and forward planning, including trend analyses.
• Overseeing bank account management, cash positioning and banking administration.
• Identifying opportunities to improve treasury processes and controls.

Skills

Treasury management

Cashflow forecasting

Banking relationships

Debt facilities

Investments

Treasury strategy

Risk management

Stakeholder communication

Team leadership

Job description

We are proud to be exclusively recruiting for a leading higher education organisation in East Midlands to appoint an experienced Treasury Manager to take ownership of its treasury function and play a key role in shaping its financial strategy.

This is an excellent opportunity for a treasury professional who wants to move beyond the day to day management of cash and banking and take ownership of debt, investments, banking relationships, cash forecasting and treasury improvements.

Reporting into the senior finance leadership team, you’ll manage a small treasury team and work closely with senior stakeholders across Finance and the wider organisation. You’ll also have significant exposure to external banking, lending and investment partners.

The role

The organisation currently has significant debt facilities alongside a strong balance sheet and is entering an exciting period of activity across its treasury function. This includes the ongoing review and renegotiation of its revolving credit facility, further investment activity and opportunities to improve how cash, debt and investments are managed.

You’ll become the key owner of the organisation’s Treasury Committee, currently chaired by the CFO, providing analysis, recommendations and strategic insight to support decision making.

Alongside the strategic elements, you’ll oversee the effective running of the day to day treasury operation, ensuring robust cash management, forecasting, controls and reporting.

Key responsibilities will include:

• Taking ownership of the organisation’s treasury strategy, including cash, banking, debt and investments.
• Managing relationships with banks, lenders, investment managers and other external financial partners.
• Leading the ongoing renegotiation and management of banking facilities, including the organisation’s RCF.
• Managing a significant debt portfolio and supporting future borrowing requirements.
• Overseeing and developing the organisation’s investment strategy, including reviewing investment opportunities and investment policies.
• Managing relationships with investment fund managers and supporting procurement and renegotiation of investment management services.
• Owning and leading the Treasury Committee, preparing papers, analysis and recommendations for senior stakeholders.
• Providing robust cashflow forecasting and forward planning, including analysis of trends, variances and scenarios.
• Overseeing bank account management, cash positioning and banking administration.
• Ensuring excess cash is managed effectively and opportunities around deposits and investment are identified.
• Providing commercial insight into interest rates, funding markets and wider treasury developments.
• Overseeing bank and investment reconciliations and ensuring strong financial controls.
• Monitoring debt covenants and ensuring compliance with lending agreements.
• Working with colleagues across Accounts Receivable and Accounts Payable to identify opportunities to improve cash management and working capital.
• Supporting financial reporting, audit and regulatory requirements relating to cash, debt and investments.
• Identifying opportunities to improve treasury processes, systems, controls and reporting.
• Leading, coaching and developing a small team.

About you

We’re looking for an experienced treasury professional who can combine strong technical knowledge with commercial thinking

You’ll ideally have experience across a number of the following areas:

• Treasury management within a sizeable organisation.
• Cashflow forecasting and cash management.
• Banking and lender relationship management.
• Debt facilities, covenants and/or refinancing.
• Investments and investment management.
• Treasury strategy, policy and risk management.
• Working with senior stakeholders and presenting financial information and recommendations.
• Improving treasury processes, controls and reporting.
• Managing and developing a small team.

You’ll be comfortable operating at both a strategic and operational level. While the day to day treasury operation is important, this role is particularly suited to someone who wants the opportunity to influence how treasury develops, rather than simply managing the existing processes.

Why this role?

This is a genuinely broad Treasury Manager position with considerable scope to make an impact. The organisation has a strong balance sheet, significant treasury activity and a number of projects underway, meaning you’ll have the opportunity to get involved in debt, investments, banking strategy, cash forecasting and wider working capital improvements.

You’ll also have regular exposure to senior finance leadership and external stakeholders, making this an excellent opportunity for someone looking to take the next step in their treasury career.

• Up to £58,000
• Hybrid working, typically 1–2 days per week on site
• Up to 30 days' annual leave, plus bank holidays
• Flexible working arrangements, including compressed hours
• A supportive and genuinely flexible working environment