Senior Group Treasury Manager

A job with Merlin Entertainments isn’t like a job anywhere else. With attractions across the globe from thrilling rollercoasters to world-famous wax figures - we don’t trade in suits, handshakes or briefcases. We trade in fun. In smiles, shrieks and spine-tingles. In memories. In magic. But there are no tricks behind our magic. Instead, there are passionate, dedicated people who ensure our worldwide attractions and guest experiences are the very best they can be.

The Role

Reporting into the Group Treasury leadership team, the Senior Group Treasury Manager will oversee the day-to-day management of the Group's funding and cash resources, ensuring sufficient liquidity is available across global operations in an efficient and cost-effective way. You’ll play a critical role in managing liquidity, financial risk and treasury operations across the Group, while also leading the management and development of our treasury systems and banking infrastructure. This role provides high visibility across the organisation, working closely with senior finance leaders, operational teams and external banking partners.

Key Objectives

• Provide the Group Treasurer and senior leadership with accurate insights to support short-term liquidity planning.
• Advise on and implement tax- and treasury-efficient structures when moving cash across the Group.
• Build and maintain strong relationships with Merlin's core banking partners.
• Lead the development and optimisation of core treasury systems used to manage transactions and risk.
• Provide best-practice guidance to operational teams on banking and credit requirements.
• Support the development of Group-wide payment solutions.
• Ensure compliance with treasury policies relating to FX and interest rate exposures.
• Develop effective hedging solutions to manage financial risk.
• Produce and enhance key treasury reporting and dashboards.

Key Responsibilities

Cash Forecasting

• Own the weekly Group cash-flow forecasting process.
• Review and challenge inputs to ensure accuracy and reliability.
• Deliver timely reporting to the CFO and senior leadership.
• Drive improvements in forecasting accuracy and share best practices across the business.
• Support longer-term forecasting activities where required.

Hedging Strategy & Market Risk Management

• Design and implement hedging strategies to mitigate financial risks, including foreign exchange and interest rate exposure.
• Oversee the management of foreign currency exposure across the Group.
• Manage relevant documentation including ISDA and EMIR agreements.
• Monitor and manage currency risks related to intercompany loans and balances.
• Execute FX transactions via banking partners and platforms such as 360T.
• Administer hedging solutions aligned with Group policies and accounting standards.

Intercompany Management

• Manage intra-group cash movements in partnership with the Group Tax team.
• Identify improved payment and settlement methods to enhance efficiency.
• Oversee intercompany debt and cash balances in line with Group policies.
• Ensure surplus cash is appropriately invested while minimising unnecessary balance grossing.

Banking Relationships

• Maintain and manage operational relationships with key banking partners.
• Oversee operational banking structures, mandates and account management.
• Coordinate tender processes for banking services alongside the Group Treasurer.

Reporting

• Prepare the monthly Treasury Dashboard for senior stakeholders.
• Partner with Group Financial Accounting on treasury-related disclosures and financial instrument reporting.
• Assess the impact of evolving accounting standards and recommend policy adjustments where required.

Treasury Operations

• Manage the Group's liquidity position and debt facilities, including funding drawdowns and repayments.
• Oversee the administration and control of Merlin's banking platforms.
• Ensure bank mandates are maintained and banking costs are effectively managed.
• Participate in finance and cross-functional process improvement initiatives.
• Ensure compliance with internal controls, policies and treasury procedures.
• Develop and maintain treasury operational policies.

Treasury Systems

• Act as the main administrator for key e-banking platforms including HSBCnet.
• Oversee treasury systems such as Kyriba, Bloomberg, 360T and ICD.
• Drive system optimisation and improvements to enhance treasury operations.

Qualifications & Experience

You’ll be an experienced treasury professional with a strong technical foundation and the ability to operate in a complex, global organisation.

• Minimum 10 years' experience in Treasury.
• Broad exposure across treasury operations including front, middle and back office.
• Proven ability to manage day-to-day treasury activities in a corporate environment.
• Strong experience with treasury management systems, with Kyriba experience essential.
• Professional treasury qualification (AMCT / ACT) preferred.
• Strong analytical and financial risk management capabilities.
• Excellent stakeholder management skills with the ability to work across global teams.
• A proactive mindset with a focus on continuous improvement.

Health & Safety

All employees are responsible for the safety of themselves, colleagues and guests in line with Group Health & Safety policies and applicable legislation. This includes following safe working procedures, using appropriate equipment and reporting incidents where necessary.

Joining Merlin means helping create unforgettable experiences for millions of guests around the world - while working to bring the magic to life every day. If you’re ready to play a key role in managing the financial strength and liquidity of a global entertainment leader, we’d love to hear from you.

Benefits

We’re growing fast and alongside a fun and friendly environment, we offer a fabulous package and amazing prospects - ideal if you’re already fantastic and want to become even better (our magic can help here). Benefits include Pension, Life Assurance, discretionary company bonus, 33 days' holiday including bank holidays, a Merlin Magic Pass which gives you and your friends and family free admission to all of our attractions worldwide, an Enjoy the Ride pass which entitles you and 5 loved ones unlimited entry into your regional attractions, 25% discount in our retail shops and restaurants and 40% discount on LEGO, plus lots more!

Pay Range Competitive