Treasury Manager - Dealing and Business Partnering - 6 Month Fixed Term Contract

Retail Human Resources plc; London; Hybrid; GBP 68,000; Full time

Job summary

An established industry player is seeking a Treasury Manager to partner with the business and provide expert treasury advice on FX and working capital. This role involves executing financial derivative market transactions, managing cash positions, and collaborating with business units to optimize funding strategies. The company offers a competitive salary, a comprehensive benefits package including an annual bonus scheme, and a commitment to diversity and inclusion. Join a forward-thinking organization that values your contributions and supports your professional growth in a blended working environment.

Benefits

Annual bonus scheme

25 days holiday plus personal day

Private medical insurance

Maternity and adoption leave

Paternity leave

Free virtual GP service

Employee Assistance Programme

Mental wellbeing support

Qualifications

• Experience with financial derivative market transactions (FX and Deposits).
• Ability to identify and manage risks and opportunities in business.

Responsibilities

• Executing financial derivative market transactions and inputting deals into the Treasury system.
• Managing the Group's short-term cash position and dealing with external counterparties.

Skills

Financial derivative market transactions (FX and Deposits)

Risk management

Cash forecasting

Managing short-term cash positions

Dealing with external counterparties

Understanding of economics

Job description

Treasury Manager - Dealing and Business Partnering - 6 Month Fixed Term Contract

In this role, you will partner with the business, providing treasury advice and solutions on FX, Working Capital, and inter-company funding. You will be responsible for executing and recording market trades in compliance with Treasury Policy.

You will be responsible for:

1. Executing financial derivative market transactions (FX and Deposits) as per business requirements and accurately inputting deals into the Treasury system.
2. Actively seeking out risks and opportunities to support the business (e.g., FX, working capital) from both a local and group perspective, and collaborating with business units to add value to stakeholders.
3. Understanding and challenging BU cash forecasting to ensure appropriate funding (Inter-company loans, equity injections, dividends).
4. Managing the Group's short-term cash position, including borrowing, depositing funds, and arranging short-term debt.
5. Dealing with external counterparties (e.g., banks, money market funds).
6. Handling other ad hoc projects within the Group Treasury remit.

You will need:

• Experience with financial derivative market transactions (FX and Deposits).
• Ability to identify and manage risks and opportunities in business (e.g., FX, working capital).
• Proficiency in cash forecasting and funding (inter-company loans, equity injections, dividends).
• Experience in managing short-term cash positions, including borrowing and depositing funds.
• Experience dealing with external counterparties (e.g., banks, money market funds).
• Understanding of economics and how news impacts FX rates and interest rates.

What's in it for you:

We offer a comprehensive benefits package, including:

• Annual bonus scheme of up to 20% of base salary.
• Holiday starting at 25 days plus a personal day (plus Bank holidays).
• Private medical insurance.
• 26 weeks maternity and adoption leave (after 1 year's service) at full pay, followed by 13 weeks of statutory maternity/adoption pay, and 6 weeks fully paid paternity leave.
• Free 24/7 virtual GP service, Employee Assistance Programme (EAP), and access to mental wellbeing support.

About us:

Our vision at Tesco is to become every customer's favorite way to shop, whether at home or on the move. Our core purpose is 'Serving our customers, communities, and planet a little better every day'. We value diversity and are committed to creating an inclusive workplace where everyone can be themselves. We are moving towards a blended working model, combining office and remote work.

Note: Successful applicants will need to provide bank account details on their start date. We are an accredited Disability Confident Leader and committed to accessible recruitment. For support, visit https://www.tesco-careers.com/accessibility

Salary: £68,000 per annum + benefits including bonus.