At a Glance
- Tasks: Lead treasury operations, manage cash flow, and optimise working capital for financial resilience.
- Company: Join a dynamic company focused on financial excellence and strategic growth.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborative environment with a focus on coaching and team development.
- Why this job: Make a real impact on financial strategies and work with senior leadership.
- Qualifications: Experience in treasury management and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
The Treasury Manager will be responsible for overseeing all treasury operations, including cash flow management, banking relationships, financial risk management, and liquidity planning. This role is critical in ensuring the business maintains optimal working capital, maximises returns on our cash holdings while minimising risk. You will work closely with the Director of Finance, CFO and senior leadership team to ensure robust treasury governance and financial resilience.
Responsibilities
- Cash & Liquidity Management
- Oversee daily cash positioning and forecasting
- Develop and maintain short-, medium-, and long-term cash flow forecasts
- Optimise working capital, investment returns and liquidity across the business
- Oversight of defined benefit pension scheme asset valuation, including challenging pension administrator and FM, ensuring investment returns are in line with scheme objectives.
- Own and manage the PRS cashbook, ensuring timely and accurate posting, appropriate coding, and robust month-end close and reconciliation.
- Banking & Funding
- Manage relationships with banks, counterparties and financial institutions
- Negotiate credit facilities and other funding arrangements
- Risk Management
- Identify and manage financial risks (interest rate, FX, counterparty risk)
- Maintain treasury policies and ensure compliance with internal controls
- Strategic & Commercial Support
- Support strategic planning and investment decisions
- Provide treasury insight for budgeting and forecasting cycles
- Partner with senior stakeholders to improve financial decision-making
- Governance & Controls
- Ensure treasury compliance with regulatory and audit requirements
- Develop and maintain treasury policies and procedures
- Lead treasury reporting to the senior leadership team
- Maintain strong controls over treasury postings and reconciliations, including oversight of the PRS cashbook processes, approvals, and audit evidence.
- People Management
- Provide day-to-day leadership, coaching and development for two direct reports, setting clear objectives and priorities aligned to business needs.
- Lead performance management activities (regular 1:1s, appraisal, feedback and development planning), ensuring a high-performing and engaged team.
- Ensure appropriate segregation of duties, coverage and resilience across key treasury processes (cash positioning, forecasting, reconciliations and reporting).
About you
Skills & Experience Required
- Significant experience in treasury
- Experience in using treasury software tools, including TMS
- Strong understanding of cash flow forecasting and working capital optimisation
- Experience managing banking relationships
- Knowledge of financial risk management
- Experience of cashbook management, reconciliations and month-end close, with strong attention to detail and a focus on control and audit readiness (including PRS cashbook).
- Proven people-management experience, including coaching and developing team members and managing performance.
- Commercially astute with strong analytical capability
- Excellent stakeholder management and communication skills
- Professional qualification (e.g. ACT, ACA, ACCA, CIMA) desirable
Personal Attributes
- Strategic thinker with hands-on capability
- Proactive, solutions-focused mindset
- High level of integrity and financial discipline
- Ability to operate autonomously
Treasury Manager employer: Prs For Music Ltd
As a Treasury Manager at our company, you will join a dynamic and supportive work environment that prioritises employee growth and development. We offer competitive benefits, including flexible working arrangements and opportunities for professional advancement, all while being part of a collaborative team that values innovation and strategic thinking. Located in a vibrant area, our company fosters a culture of inclusivity and engagement, making it an excellent place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Treasury Manager
✨Network Like a Pro
Get out there and connect with people in the finance and treasury space. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to professionals for a chat. You never know who might have the inside scoop on job openings!
✨Ace the Informational Interview
Set up informal chats with people already working in treasury roles. This is your chance to learn about their experiences and get tips on what companies are looking for. Plus, it shows your genuine interest in the field, which can really make you stand out.
✨Showcase Your Skills
When you get the chance to meet potential employers, be ready to talk about your experience with cash flow management and risk assessment. Use specific examples to demonstrate how you've optimised working capital or managed banking relationships in the past.
✨Apply Through Our Website
Don’t forget to check out our website for the latest job openings! Applying directly through us not only makes it easier but also shows you're keen on being part of our team. Plus, we love seeing familiar names pop up in our applications!
We think you need these skills to ace Treasury Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your treasury management experience, cash flow forecasting skills, and any relevant qualifications. We want to see how you fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about treasury management and how your background aligns with our needs. Be sure to mention your experience with banking relationships and financial risk management.
Showcase Your People Management Skills:Since this role involves leading a team, don’t forget to highlight your people management experience. Share examples of how you've coached and developed team members in the past. We love seeing candidates who can inspire others!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Prs For Music Ltd
✨Know Your Numbers
As a Treasury Manager, you'll need to demonstrate your expertise in cash flow management and financial risk. Brush up on key metrics and be ready to discuss how you've optimised working capital in previous roles. Use specific examples to show your analytical skills and strategic thinking.
✨Master the Software
Familiarise yourself with treasury software tools, especially TMS. Be prepared to discuss how you've used these tools to enhance cash forecasting and manage banking relationships. Showing that you can leverage technology will set you apart from other candidates.
✨Build Rapport with Stakeholders
Strong stakeholder management is crucial for this role. Think about how you've partnered with senior leadership in the past to improve financial decision-making. Prepare to share examples of how you've communicated complex financial information clearly and effectively.
✨Showcase Your Leadership Style
Since you'll be managing a team, it's important to convey your people management skills. Discuss your approach to coaching and developing team members, and how you've led performance management activities. Highlighting your ability to foster a high-performing team will resonate well with interviewers.
