Treasury Specialist - 12 Month FTC

Division: Finance

Reports To: Head of Portfolio Management

Key Relationships: Group & regional finance teams; banks; investment managers; investment custodians; Beazley front office investment team; auditors

Job Summary: To perform day-to-day treasury functions and provide support to the portfolio management team with other team activities and projects as required.

Key Responsibilities:

• Lead daily cash forecasting across all Beazley bank accounts in the US, UK, Europe, and Asia, ensuring accuracy and timeliness.
• Manage group-wide liquidity, arranging funds to cover shortfalls and deploying excess cash to maximize returns.
• Conduct quarterly cash analysis reconciling ledger accounts with bank balances to ensure financial integrity at the consolidated group and local reporting level.
• Oversee global banking relationship management, including the opening, maintenance, and closure of treasury accounts.
• Administer global banking portals, including user access and controls across multiple platforms.
• Design, implement, and maintain internal controls for treasury activities to minimize operational and financial risk.
• Liaison between Beazley and its global banking partners, ensuring smooth communication and issue resolution.
• Support year-end, interim, and quarterly group reporting for a UK-listed entity.
• Provide information for the preparation of statutory financial statements for subsidiaries.
• Contribute to group consolidation processes, including transaction postings.
• Monitor and apply changes in accounting standards and reporting requirements.
• Liaise with auditors and external stakeholders to resolve Treasury related queries.
• Prepare monthly balance sheet reconciliations.
• Perform day-to-day treasury bookkeeping for multiple group companies.
• Utilize financial systems such as Agresso and Workday for reporting and analysis.
• Participate in process improvement initiatives and ad hoc projects.

General: It is important that within all your interactions both internally and externally you adhere to Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing – as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers.

We also expect Beazley employees to:

• Comply with Beazley procedures, policies and regulations including the code of conduct which incorporates the FCA and PRA Conduct.
• Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system.
• Display business ethics that uphold the interests of all our customers.
• Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.
• Comply with any specific responsibilities necessary for your role as outlined by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas.
• Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system.

Personal Specification:

Essential Criteria:

• Experience in global cash forecasting and liquidity management.
• Strong understanding of treasury operations.
• Experienced user of TMS software such as FIS Quantum.
• Competence in day-to-day treasury bookkeeping and financial operations across multiple entities.

Skills & Abilities:

• Ability to ‘join the dots’ across many different functions and projects and see the bigger picture in terms of Beazley’s strategy.
• Strong Project Management and business analysis skills.
• A proven ability to communicate, negotiate and influence effectively at all levels.
• Excellent documentation and presentation skills.
• Ability to manage time, meet deadlines and prioritise.
• Motivational skills, team worker as well as able to work on own initiative.

Knowledge & Experience:

• Experience of supporting the implementation of Treasury Management System (beneficial but not essential).
• Solid foundation in financial reporting for listed entities, including year-end, interim, and quarterly reporting cycles.
• Familiarity with accounting standards and the ability to monitor and apply changes to reporting requirements (IFRS and UK GAAP).
• Ability to liaise effectively with auditors and external stakeholders to resolve financial queries.
• Experience of internal control implementation and documentation.
• Part-qualified with the Associate of Corporate Treasurers (ACT) or part-qualified accountant – desirable, not essential (ACCA, CIMA, ACA).
• Knowledge of insurance company accounting and Lloyd’s accounting is preferred but not essential.

Aptitude & Disposition:

• Delivery focused, self-motivated, flexible and enthusiastic.
• Professional approach to interact successfully with managers and colleagues.
• Strong attention to detail.

Competencies:

• Team working.
• Information seeking.
• Problem solving.
• Effective communicator.
• Achievement orientated.
• Personal Impact.
• Leadership.
• Organisational awareness.