Head of Cash Operations
Head of Cash Operations

Head of Cash Operations

Blackburn Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the Group Treasury Operations team and manage transformative projects across Europe.
  • Company: Join EG Group, a global leader in convenience retail with a commitment to innovation.
  • Benefits: Enjoy performance bonuses, career development, ASDA discounts, and more perks.
  • Why this job: Be part of a dynamic team driving significant change in treasury operations.
  • Qualifications: 5+ years in treasury/banking; qualified accountant; strong knowledge of treasury markets.
  • Other info: Office-based role in Blackburn; DBS check required.

The predicted salary is between 43200 - 72000 £ per year.

EG Group Blackburn, England, United Kingdom Head of Cash Operations EG Group Blackburn, England, United Kingdom 1 week ago Be among the first 25 applicants Role: Head of Cash Operations Location: Blackburn, BB1 2FA – Office Based Contract: Full-Time / Permanent Company: EG Group About the Role: We have an exciting opportunity for a Head of Cash Operations to join our Group Treasury function at EG Group. The treasury function is being transformed with a new cloud-based cash forecasting platform and the recent implementation of a global treasury management system (TMS). There is also going to be further enhancements with Cash Operations through a significant project in 2025 to transition multiple banking platforms existing in Europe today to one, BNP. Reporting into the Group Treasurer, the Head of Cash Operations will be responsible for managing this project, implementing notional pooling and zero balancing sweeps across Europe alongside day to day activities. If you\’re an experienced treasury professional ready to lead a dynamic and transformative Group Treasury Operations team, apply today and join us on this exciting journey! What you’ll be doing: Manage the Group Treasury Operations team; day-to-day issues and concerns, coaching and developing all team members, driving performance and delivery of the company goals Support on a broad range of treasury-driven special projects and initiatives, including the TMS (SAP), cloud-based cash forecasting platform, transition of multiple banking platforms to one and more! Ensure Treasury operations are efficient, subject to adequate segregation of duty, well documented and managed within company policy and procedures Manage the reporting of global multi-currency cash, specifically short-term liquidity positions and related banking structures Develop and implement efficient operational in-country bank structures across Europe to support EG Group business activity Manage the consolidation of the Group’s cash flow forecast and work to challenge and improve the accuracy of forecasting, identifying key movements and drawdown requirements Analyse and report on risk management focusing on continuous improvement, including foreign exchange, interest, and liquidity Responsible for the negotiation of the International Swap and Derivative Association (ISDA) documentation with FX and IR counterparties Liaise with the country Finance and buying leads across the Group to manage and improve foreign currency forecasting and analysis of the Group’s FX exposures Management of the Group’s global guarantees and letter of credit facilities and issuance This list is not exhaustive and may be added to or amended from time to time. What we’re looking for: 5 years+ treasury/banking experience Qualified accountant – ACT, ACCA, CIMA or equivalent Strong understanding of treasury markets & products – including transactional banking, cash management and liquidity, foreign exchange risk management. Proven understanding of UK and European banking regulations Familiarity of TMS systems and SAP knowledge – Desirable Why Join EG Group: Performance Based Bonus Scheme Access to Apprenticeships and accredited qualifications Career development and progression opportunities within a global organization. ASDA Discount Card – 10% off all ASDA stores Free Secure Car Parking Dress Down Fridays Prayer and Ablution Facilities Work Anniversary Rewards Free Eye Test Who is EG Group? EG Group is a leading global convenience retailer, operating a wide range of brands across multiple sectors including fuel, foodservice, and grocery retail. With a presence in over 9 countries and a commitment to innovation and customer service, EG Group continues to expand its portfolio and reach. Our company is focused on delivering value to its customers, partners, and stakeholders through efficient operations and strategic growth. Please note – the successful applicant will be subject to a DBS check which will be funded by EG Group. Seniority level Mid-Senior level Employment type Full-time Job function Accounting/Auditing Retail #J-18808-Ljbffr

Head of Cash Operations employer: Eg Group

EG Group is an exceptional employer, offering a dynamic work environment in Blackburn where innovation meets opportunity. As the Head of Cash Operations, you will lead a transformative treasury function with access to career development, performance-based bonuses, and a supportive culture that values employee growth. Enjoy unique benefits such as an ASDA discount card, free secure parking, and a commitment to work-life balance, making EG Group a rewarding place to advance your career.
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Contact Detail:

Eg Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Cash Operations

✨Tip Number 1

Familiarise yourself with the latest trends in treasury management and cash operations. Understanding the nuances of cloud-based cash forecasting platforms and TMS systems will give you an edge during discussions with the hiring team.

✨Tip Number 2

Network with professionals in the treasury and banking sectors, especially those who have experience with UK and European regulations. This can provide you with insights and potentially valuable connections that may help you stand out as a candidate.

✨Tip Number 3

Prepare to discuss your experience in managing teams and driving performance. Be ready to share specific examples of how you've coached team members and improved operational efficiency in previous roles.

✨Tip Number 4

Research EG Group's recent projects and initiatives, particularly those related to treasury operations. Showing that you are informed about their current transformations will demonstrate your genuine interest in the role and the company.

We think you need these skills to ace Head of Cash Operations

Strong understanding of treasury markets and products
Cash management expertise
Liquidity management skills
Foreign exchange risk management
Proven knowledge of UK and European banking regulations
Experience with treasury management systems (TMS)
Familiarity with SAP
Project management skills
Analytical skills for cash flow forecasting
Negotiation skills for ISDA documentation
Ability to develop operational bank structures
Leadership and team management skills
Attention to detail
Problem-solving skills
Communication skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant treasury and banking experience, particularly focusing on your understanding of cash management, liquidity, and foreign exchange risk management. Use specific examples that demonstrate your leadership skills and project management experience.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your qualifications align with the responsibilities outlined in the job description, especially your experience with TMS systems and cloud-based platforms.

Highlight Relevant Qualifications: Clearly state your qualifications, such as being a qualified accountant (ACT, ACCA, CIMA or equivalent). Emphasise any additional certifications or training that relate to treasury operations and banking regulations.

Showcase Leadership Experience: Since the role involves managing a team, include examples of your leadership experience. Discuss how you have coached and developed team members in previous roles, and how you drove performance to meet company goals.

How to prepare for a job interview at Eg Group

✨Showcase Your Treasury Expertise

Make sure to highlight your extensive experience in treasury and banking during the interview. Discuss specific projects you've managed, particularly those involving cash management, liquidity, and foreign exchange risk management, as these are crucial for the Head of Cash Operations role.

✨Demonstrate Leadership Skills

As this position involves managing a team, be prepared to discuss your leadership style and how you have successfully coached and developed team members in the past. Share examples of how you've driven performance and achieved company goals through effective team management.

✨Familiarise Yourself with TMS and SAP

Since familiarity with TMS systems and SAP is desirable, take some time to brush up on these platforms before your interview. Be ready to discuss any relevant experience you have with these systems and how they can enhance treasury operations.

✨Understand Regulatory Frameworks

Given the importance of UK and European banking regulations in this role, ensure you have a solid understanding of these frameworks. Be prepared to discuss how you have navigated regulatory challenges in previous roles and how you would apply that knowledge at EG Group.

Head of Cash Operations
Eg Group
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