Treasury Manager

The Role

Position Treasury Manager

Reporting to Head of Treasury

Location London

Overview of the role

An exciting opportunity has arisen to join Zodiac Maritime, a global leader in its industry with a rapidly growing fleet. With a significant balance sheet, our Treasury function plays a pivotal role in the company's success. Managing a large and complex debt portfolio alongside a diverse and substantial investment portfolio, the Treasury team is integral to our financial strategy. Having recently implemented Kyriba as our Treasury Management System, this is a prime moment to join the team as a Treasury Manager.

As Treasury Manager, you will provide key support to the Head of Treasury in ensuring the smooth and efficient operation of the Treasury function. Your primary focus will be on daily cash management and forecasting, optimising bank balances, and executing external transactions.

You will also be responsible for managing foreign exchange (FX) exposures, overseeing treasury systems, and reconciling interest income and expenditure. Additionally, you will play a role in investment monitoring and handling high-value transactions related to ship sales, purchases, and debt settlements.

We are looking for a high-calibre professional with a strong financial background, a proven track record in Treasury, and the ability to quickly build relationships with internal stakeholders, senior management, and external partners.

Key responsibilities and primary deliverables

Cash & Liquidity Management

• Oversee daily cash positions, payments, and receipts, recommending and initiating actions where necessary.
• Optimise daily bank balance management to maximise liquidity for higher yielding investments.
• Lead and refine the cash flow forecasting process (short, medium, and long-term) while staying updated on major financial movements such as ship sales, acquisitions, and debt transactions.
• Act as a Junior Dealer for deposits, investments, FX, swaps, and other treasury instruments.
• Monitor and manage the company's significant short-term deposit and investment portfolio under the supervision of the Head of Treasury.

Treasury Systems & Process Improvement

• Maintain and enhance the recently implemented Treasury Management System (TMS) and associated databases.
• Identify and drive process and system improvements to enhance efficiency and effectiveness.
• Support ongoing treasury transformation initiatives and projects.

Financial Analysis & Reporting

• Prepare treasury reports, analysis, and strategic commentary for the broader finance team and executive management.
• Reconcile monthly interest income and ensure accuracy in received interest payments.
• Maintain and update FX exposure forecasts, hedge positions, and cover strategies.
• Develop high-quality presentation materials for senior management and external stakeholders.

Banking & Compliance

• Maintain a database of all company bank accounts and facilitate banking communications (e.g., account openings/closures, KYC compliance, and other regulatory reporting).
• Develop and nurture relationships with financial institutions, system providers, and external auditors.

Additional Responsibilities

• Provide cover for the Assistant Treasurer or Treasury Operations Officer as needed.
• Support ad hoc projects and initiatives as required.

Essential Qualifications and Expertise

We are seeking a highly capable Treasury Manager with a strong foundation in corporate treasury and financial management. The ideal candidate will be detail-orientated, proactive and analytical, with the ability to navigate complex treasury operations while contributing to the team's strategic objectives. The role is well-suited for a professional with hands-on experience in cash and liquidity management, FX exposure management, and financial reporting, who is eager to enhance processes and add value in a dynamic, fast-paced environment.

• Minimum of 5 years' experience in a Treasury function within a bank or large corporate, with strong operational experience in cash and liquidity management.
• A strong academic background with a degree in Finance, Mathematics, Economics, or a similarly analytical discipline. ACT qualified or actively working towards a Treasury qualification is highly desirable.
• In-depth knowledge of financial markets, interest rate movements, FX risks, and liquidity strategies.
• Strong numerical and analytical skills, with the ability to interpret financial data, assess risks, and support strategic decision-making.
• Advanced proficiency in Microsoft Excel, with strong capabilities in financial modelling, scenario analysis, and treasury reporting.
• Experience working with a Treasury Management System (Kyriba experience is highly desirable).
• Excellent communication skills, with the ability to engage technical and non-technical stakeholders at all levels, including executive leadership.
• Proven ability to build and maintain strong relationships with internal teams, banks, system providers and external partners.
• A high level of integrity, professionalism, and discretion, with a strong commitment to confidentiality.
• Intellectual curiosity and a proactive approach to learning and development, with a mindset geared towards continuous improvement.
• A collaborative and team-oriented approach, with the ability to take ownership, work independently, and manage completing priorities effectively.

Due to the high volume of applications, we regret that only shortlisted candidates will be contacted.

At this time, we are not engaging with external recruitment agencies.