Treasury Manager - 15-month FTC

Sepura; Cambridge; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading technology company in the UK is seeking a Treasury Manager to oversee Accounts Payable and Receivable functions, manage a team, and ensure compliance. The ideal candidate will have previous experience in treasury management, excellent people management skills, and a Treasury or accountancy qualification. This position involves cashflow forecasting, credit management, and banking administration and is pivotal to supporting the finance department's operations.

Qualifications

• Previous experience in a similar role.
• Ability to meet deadlines under pressure.
• Exercise discretion and personal integrity.

Responsibilities

• Manage Accounts Payable and Accounts Receivable functions.
• Handle cash collection and credit management.
• Forecast cashflow and manage FX hedging.

Skills

People management experience

Competency in Excel (Pivot Table, XLOOKUP, SUMIF)

Ability to work using own initiative

Enjoy working as part of a team

Understanding of VAT rules

Quick learner

Education

Treasury or accountancy qualification

Tools

Microsoft Dynamics 365 ERP system

Job description

It’s an exciting time to come and join the Sepura team. We are on the lookout for a Treasury Manager to play a key role within the Finance department. The Finance Department plays a vital role as a key support function to the wider business, ensuring operational needs are met and internal controls and compliance are maintained. As Treasury Manager, you will have proficiency in dealing with internal and external stakeholder queries, people management skills to develop your team to their full potential and a detailed understanding of Accounts Receivable and Accounts Payable functions and processes.

Come and join Sepura Ltd at an exciting time of growth and progress your career within this innovative technology company, based in Waterbeach, Cambridge.

Role

The Treasury Manager is responsible for the Accounts Payable and Accounts Receivable functions managing three direct reports covering all aspects of supplier payment and cash collection, in addition to responsibilities regarding banking, credit management, short-term cashflow and working capital metrics. The candidate should have good people management skills, enjoy problem-solving, and thrive working as part of a team.

Day To Day

Our customer base includes many different industries and markets around the world. Our complete TETRA and LTE solutions have been developed specifically for users in multiple sectors to face their critical communications challenges. There is no such thing as a typical day here at Sepura. You will be supported by your manager and team, as well as collaborating with other departments across the business.

Routine Tasks

• Credit management and cash collection:
  • Hold regular meetings with the Finance Assistant to ensure cash is collected on time and late-payment risks are escalated appropriately
  • Be responsible for ensuring customer credit terms and limits remain appropriate
• Management and mentoring of 3 direct reports.
  • Manage AP and AR performance ensuring individual and team KPIs are met
  • Support the career development objectives of direct reports
• Cashflow forecasting:
  • Work closely with the Finance Manager on short-term cashflow forecasting
  • Work with other stakeholders in the business, such as Sales, Order Desk and Procurement, to identify timing of expected cash inflows and outflows
  • Provide commentary to movements including timing of orders being shipped, customer credit term profiling and purchase commitments
• FX Management:
  • Work closely with the Financial Controller and external providers on FX hedging. Liaise with external providers on facility agreements and drawdown of existing hedges.
• Banking:
  • Responsible for all banking administration, including non-UK bank accounts

Month End Tasks

• Oversee the timely closure of the Accounts Payable and Accounts Receivable ledgers
• Prepare Balance Sheet Reconciliations for areas of responsibility
• Review and approve balance sheet and supplier statement reconciliations prepared by direct reports
• Prepare monthly company VAT Returns for the trading company and group VAT Return for the holding companies, ensuring accurate reconciliation to ledgers.
• Calculate and report metrics including DSO and DPO

Other Tasks

• Ensure policies and processes remain effective and up to date
• Identify, recommend and implement solutions to improve process efficiency within the transactional teams
• Prepare audit deliverables for areas of responsibility
• Work with the Order Desk team to ensure compliance with Export VAT rules
• Prepare bi-annual HMRC payment practice reports
• Support the Finance Manager and Financial Controller with putting in place trade finance solutions such as bills of exchange, letters of credit and bank guarantees
• Additional ad‑hoc duties as required

What you need to succeed

Must-haves

Experience and Skills

• Previous experience in a similar role
• People management experience
• Ability to work using own initiative and meet deadlines
• Quick learner, with a ‘can-do’ attitude
• Exercise discretion and personal integrity
• Enjoy working as part of a team
• Competency in Excel (e.g. Pivot Table, XLOOKUP, SUMIF)

Nice to haves

Qualifications

• Treasury or accountancy qualification

Experience and Skills

• Understanding of VAT rules
• Experience working with trade finance solutions such as bills of exchange, letters of credit, bank guarantee
• Experience using Microsoft Dynamics 365 ERP system