Treasury Manager

Jellycat Toy Co. Ltd.; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A renowned toy manufacturer in Greater London is looking for a Treasury Manager to design and shape the treasury activities as they expand. The role involves overseeing cash management, banking relationships, and financial risk management. Ideal candidates must have a minimum of 5 years' treasury experience, strong analytical skills, and the ability to manage banking platforms. This is an exciting opportunity to lead treasury operations and support strategic initiatives within a growing organization.

Qualifications

• Minimum of 5 years' experience in a treasury role.
• Strong analytical and financial modelling skills.
• Experience in managing banking and FX platforms.

Responsibilities

• Oversee cash management and banking relationships.
• Lead treasury reporting and planning.
• Manage relationships with banking partners and execute FX strategies.

Skills

Analytical skills

Financial modelling

Stakeholder management

Communication skills

Education

Accounting or treasury management qualification

Job description

For a quarter of a century, the Jellycat family have brought joy, wonder and playful fun to people of all ages, in every part of the world. Utterly original and in a class of their own, they are currently among the most loved and collected toys of their kind. How has this gentle tribe endeared themselves to so many? Perhaps it is their whimsical expressions. Or the deliciously soft fabrics. Or the beautiful way in which they sit in your hand. Whatever it is, there is something magical and unmistakeable about each one of them.

The Treasury Manager is a newly created role and Jellycat's first dedicated treasury hire, responsible for designing and shaping the company's treasury activities as it grows.

The role will oversee all aspect's of the company's cash management, banking relationships, foreign exchange (FX) strategy, and financial risk management, and will support strategic initiatives as they arise. The Treasury Manager will be critical to ensuring liquidity across the group, optimising returns on deposits, managing cash repatriation projects and pooling methods and developing and maintaining robust controls over payment processes and treasury operations.

The ideal candidate will be proactive in identifying opportunities and mitigating risks to the business. They will be a highly organised and credible financial leader who can inspire confidence at senior levels and build trusted relationships across the group, working closely with finance and operational teams globally.

You’ll be; Cash & Liquidity Management

• Monitoring group cash positions and ensuring sufficient liquidity across all entities.
• Maintaining and optimising deposit accounts, targeting strong returns while preserving liquidity across all group entities and locations.
• Developing, maintaining, and improving short-, medium-, and long-term cash flow forecasting models
• Overseeing daily cash operations processes, including bank reconciliations by financial control teams.
• Monitoring bank facility requirements and ensuring any usage or withdrawal is properly managed

Banking & FX Strategy

• Managing relationships with banking partners, including KYC, account administration, and access control design.
• Executing the Group's FX hedging strategy and ensuring accurate FX accounting and reporting.
• Supporting cross-border transactions and ensuring secure payment processes are in place for handling payments to and from third parties.
• Working with AR teams to optimise payment methods for wholesale customers globally.
• Reviewing long-term structure for banking requirements including use of credit facilities.

Treasury Operations

• Leading treasury reporting and planning, including co-ordination of consolidated weekly cashflow forecasts with currency views and variance analysis
• Ensuring compliance with internal controls and regulatory requirements.
• Serving as administrator for Group bank accounts, maintaining governance and oversight.

Strategic Support

• Working with the CFO and Board to define and manage cash flow policy and intercompany movements.
• Designing and implementing long-term cash repatriation and pooling arrangements in accordance with Group and shareholder strategy.
• Defining and implementing best practice treasury policies, processes and controls, and providing input into ERP rollout.
• Contributing to strategic projects such as new entity setup, intercompany structuring, and treasury system implementations.

You’ll have; Essential

• Accounting or treasury management qualification
• Minimum of 5 years' experience in a treasury role
• Strong analytical and financial modelling skills
• Experience managing banking and FX platforms
• Experience implementing and managing cash repatriation and cash pooling operations
• Experience developing and managing FX hedging programmes
• Excellent communication and stakeholder management skills, with both internal and external parties
• Proven ability of translating complex treasury matters to financial and non-financial stakeholders
• Hands on approach to problem solving

Desirable

• Experience in a fast-growing international business
• Experience designing treasury policies and risk mitigation strategies
• Experience implementing regional hub strategies