Assistant Treasurer

We are currently seeking an Assistant Treasurer to join our Finance team. Based from our offices in Walsall, the role offers flexibility for hybrid working. Reporting to the Treasury Manager, the Assistant Treasurer will support the management of day‑to‑day liquidity, payment of both domestic and international transactions, and the settlement of FX transactions. The Assistant Treasurer will also assist with daily and quarterly cash‑flow forecasts, as well as cash reporting. Additionally, the role will support the management of online banking administration rights across multi‑banking platforms using a variety of currencies.

Responsibilities

• Updating the daily cash‑flow forecast to include all known actuals and estimated expenditure across multiple bank accounts in varying currencies, identifying and flagging liquidity shortfalls over a 5‑week period with recommended actions.
• Supporting the Treasury Manager in ensuring adequate funds are maintained in each bank account.
• Managing daily payments across multiple bank accounts (CHAPS, TT's, Faster Payments, SEPA).
• Transferring funds between inter‑bank accounts.
• Supporting the selling and swapping of currency where necessary and drawing down FX contracts.
• Assisting with weekly cash reporting of actual cash performance, reporting on domestic and import intake, actual sales, and maintaining records of expenditure types to be fed into the cash‑flow forecast.
• Assisting with the production of a detailed 13‑week cash‑flow forecast to report actuals versus forecast with variance analysis.
• Assisting with the management and updating of online banking administration rights across multi‑banking platforms.
• Managing banking mandates and updating them where necessary.
• Managing the setup of new bank accounts.
• Managing corporate credit cards, ensuring credit limits and issues are dealt with promptly.
• Arranging with banks the timely draw‑down of currency from FX contracts.
• Assisting the Treasury Manager with FX forecasting requirements across the group, quarterly MTM reporting, and compliance with IFRS 9 to satisfy hedge accounting in the financial statements.
• Liaising closely with the cash team to ensure cash‑flow forecast actuals agree with bank reconciliations for month‑end reporting.
• Authorising internal transfers between corporate and cash‑in‑transit accounts.

Qualifications

• Previous experience in an Assistant Treasurer or cash‑management accounting role.
• Previous experience of working in a fast‑paced financial environment; retail industry experience would be advantageous.
• Understanding of different types of payments and multi‑currency transactions.
• Knowledge of foreign exchange hedging instruments and the relationship between currencies.
• Problem‑solving skills and the ability to drive and deliver changes to improve cash management.
• The ability to work on own initiative and implement solutions in a relatively unstructured environment.
• Excellent organisational skills with the ability to manage multiple priorities simultaneously.
• Strong communication skills with the ability to work across other business functions and at all levels, including the executive leadership team.
• Preferably Part‑Qualified Accountant (CIMA/ACCA/ACA).
• Knowledge of Oracle Fusion is advantageous but not essential.

Benefits

• Professional development: A comprehensive induction plan and the opportunity to complete in‑house development programmes or pursue qualification through an apprenticeship programme.
• Bonus potential: Opportunity to earn additional bonuses.
• Free on‑site parking.
• On‑site coffee lounge.
• Exclusive store discounts of 10% on most in‑store purchases.
• Family‑friendly benefits designed to support you and your family.
• My Staff Shop: Exclusive discounts through our staff shop portal.
• Life assurance cover.
• Health.