Treasury Manager

WPP; Greater London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading marketing services firm is looking for an experienced Treasury Manager to join their Global Treasury team in Greater London. The role involves enhancing cash management practices, maintaining bank relationships, and supporting treasury initiatives across multiple regions. Ideal candidates will have a strong Treasury background, experience with TMS providers, and excellent communication skills. This role offers challenging work in a collaborative environment, with a hybrid working approach available.

Benefits

Challenging and stimulating work

Scale and opportunity

Passionate and inspired people

Qualifications

• Proven track record in a corporate Treasury.
• Experience responsible for Front Office Treasury Management.
• Prior experience with Treasury Management System implementations.

Responsibilities

• Champion cash management practices across regions.
• Maintain bank relationships and manage RFPs.
• Drive surplus cash repatriation and dividend repatriation.

Skills

Strong Treasury background

Experience with TMS Provider ION

Strong attention to detail

Excellent communication skills

Process efficiency and automation

Education

ACT or MCT qualifications

Tools

TMS IT2

Swift

Job description

WPP is the creative transformation company. We use the power of creativity to build better futures for our people, planet, clients, and communities.

WPP is a world leader in marketing services, with deep AI, data and technology capabilities, global presence and unrivalled creative talent.

Why we’re hiring:

The Global Treasury team at WPP is on a transformation journey, with a vision to further enhance the Treasury landscape with the use of technology, process efficiency and automation. This is an opportunity for an experienced Treasury Manager with international experience to join the team to support us in enhancing front office processes, leveraging our treasury management system for further efficiencies, integrating new platforms and automation to drive forward our vision and best‑in‑class ambitions.

Key responsibilities:

• Champion best‑in‑class cash management practices across regions.
• Identify and coordinate cash pool structure efficiencies.
• Maintain bank relationships and support RFP / rationalisation where necessary.
• Enforce Treasury Policy by proactive engagement with operating companies (OpCos) across regions, knowledge sharing and promoting best‑practice approach to FX risk management lead from HQ.
• Proactively challenge FX exposures and support P/L reporting and analysis.
• Adhoc trading support of front office – FX, SWAPS, MMF, MML, MMD and IRS.
• Drive surplus cash repatriation, dividend repatriation when able and inter‑co lending to centre.
• Lead accurate record keeping of the global dividend extraction initiative, deliverable to Treasury Committee.
• Address regional – specific challenges such as knowledge sharing / FX best practices and adoption of FX risk management policy.
• Lead engagement with operating entities, maintaining regular dialogue and guidance for further global cash management and banking efficiencies, especially in complex jurisdictions (e.g. MEA and LATAM) where local regulatory frameworks need consideration.

Bank Management:

• Manage pan‑regional bank relationships.
• Review daily cash management processes for best‑in‑class approach.
• Complete South Africa cash pool deployment to conclude central visibility reporting.
• Adhoc support of other regional treasury centres as and when necessary.
• Drive preferred core bank network for operational excellence – enhancing visibility, connectivity to the TMS, and automation opportunities to contribute positively drive interest savings.
• Address KYC, and OpCo compliance with Treasury Policy, providing regular engagement, training and guidance as treasury policies evolve.

Guarantees and Working Capital:

• Control issuance and line reporting and utilisation for trade related guarantee issuance (e.g. tender bonds / performance guarantees), prevalent in MEA region, support approvals in line with policy.
• Support central treasury enhancements, including the consideration of pan‑regional / global trade lines, as driven by Treasury and business needs.

Project Support:

• Assist with ongoing initiatives to deploy technology to improve treasury operations and cash visibility.
• Support Transformation agenda including in‑house bank (IHB) construct, script testing and go‑live.
• Support global treasury tasks such as annual and semi‑annual audit requirements and projects led by Auditor recommendation and operational excellence.

What you’ll need:

• Strong Treasury background in a corporate Treasury or similar (ACT or MCT qualifications an advantage).
• Proven track record and demonstrative experience within a larger corporate / listed organisation responsible for Front Office Treasury Management.
• Experience with TMS Provider ION, preferably IT2 and Swift.
• Subject‑matter expert in Treasury systems, Treasury connectivity landscape and optimisation of processes for today and the future.
• Prior experience with TMS implementations and/or upgrades.
• Strong interest in automation and process efficiency.
• Strong organisation, strategic thinking and interpersonal skills.
• Strong attention to detail and accuracy.
• Ability to manage multiple work streams and prioritise tasks effectively.
• Excellent communication skills for regular interaction with Regional Treasurers and their teams across UK, EMEA, USA, LATAM, and APAC.

Who you are:

You're open‑minded. We are inclusive and collaborative; we encourage the free exchange of ideas; we respect and celebrate diverse views. We are open‑minded to new ideas, new partnerships, new ways of working.

You're optimistic. We believe in the power of creativity, technology and talent to create brighter futures for our people, our clients and our communities. We approach all that we do with conviction: to try the new and to seek the unexpected.

You're extraordinary. We are stronger together: through collaboration we achieve the amazing. We are creative leaders and pioneers of our industry; we provide extraordinary every day.

What we’ll give you:

Passionate, inspired people – We aim to create a culture in which people can do extraordinary work.

Scale and opportunity – We offer the opportunity to create, influence and complete projects at a scale that is unparalleled in the industry.

Challenging and stimulating work – Unique work and the opportunity to join a group of creative problem solvers. Are you up for the challenge?

We believe the best work happens when we’re together, fostering creativity, collaboration, and connection. That’s why we’ve adopted a hybrid approach, with teams in the office around four days a week. If you require accommodations or flexibility, please discuss this with the hiring team during the interview process.

WPP is an equal‑opportunity employer and considers applicants for all positions without discrimination or regard to particular characteristics. We are committed to fostering a culture of respect in which everyone feels they belong and has the same opportunities to progress in their careers.