At a Glance
- Tasks: Lead the Treasury function and manage liquidity, FX risk, and funding structures.
- Company: Smiths Detection, a global leader in security and detection solutions.
- Benefits: Flexible benefits, excellent training, and career growth opportunities.
- Why this job: Shape a new Treasury function during an exciting corporate transformation.
- Qualifications: ACT qualified with 5-10 years in multinational corporate treasury roles.
- Other info: Inclusive environment focused on safety, wellbeing, and diversity.
The predicted salary is between 36000 - 60000 £ per year.
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Company Description
Every minute of every day, Smiths Detection's threat detection and security screening technology helps to protect people and infrastructure, making the world a safer place. Smiths Detection is a global leader in the development, manufacture and management of security and detection solutions designed to make the world a safer place. Our technology provides threat detection and screening solutions for customers in our key markets: aviation, ports and borders, defence, and urban security. Our expertise spans 21 global offices, seven manufacturing sites and five R&D centres, with a global network of 3,000 dedicated colleagues contributing towards over 40 years at the frontline of advances in safety and security. This results in careers built on variety and the opportunity to work on a range of state-of-the-art solutions, where you can develop your knowledge and experience every day.
Job Description
Following the planned separation from Smiths Group and acquisition by CVC Capital Partners, we are building a standalone finance function to support our next chapter of growth. This is a unique opportunity to shape and lead the Treasury function for a newly independent global business.
The Role
As Head of Treasury, you will have overall responsibility for Smiths Detection's financing strategy and operations. This is a critical leadership role, tasked with designing and implementing a new Treasury function from the ground up. You will manage liquidity, foreign exchange risk, funding structures, and treasury systems to ensure robust financial control and compliance across a global footprint. This role can be based in either Hemel Hempstead, Hertfordshire, or London, Blackfriars.
Key Responsibilities
- Build the Treasury Function: Design and implement processes, policies, and systems for a standalone treasury operation post-separation.
- Liquidity Management: Develop short-term cash flow forecasting, implement cash pooling, and optimise group liquidity.
- FX & Risk Management: Identify and mitigate currency and interest rate risks using appropriate hedging strategies and ensure IFRS9 compliance.
- Intragroup Funding: Structure and oversee intercompany loans and netting arrangements aligned with tax and financing strategy.
- Treasury Systems: Implement a Treasury Management System and maintain a database for loans, guarantees, and financial instruments.
- Trade Finance: Manage credit lines, bonds, and guarantees to support global operations.
- Policy & Governance: Own treasury policies and ensure compliance with covenants and regulatory requirements.
- Leadership: Manage and develop a Treasury Analyst and collaborate with senior stakeholders across Finance, Tax, and the wider business.
Why Join Us?
- Shape a new Treasury function during a major corporate transformation.
- Work in a global business with complex financial structures.
- Collaborate with senior leadership and influence strategic decisions.
Apply now to be part of Smiths Detection's exciting journey as we build a world-class finance function for the future.
Qualifications
About You
- ACT qualified (or equivalent) with 5-10 years' experience in a multinational corporate treasury role.
- Proven ability to manage liquidity, FX risk, and funding structures.
- Hands-on approach with strong problem-solving and project management skills.
- Excellent stakeholder management and communication skills.
- Experience in carve-outs, M&A, or private equity-backed environments is highly desirable.
Additional Information
Join us and we'll help build your career, with excellent training and opportunities for career growth across the business, both locally and globally. You'll experience an inclusive environment, with strong leadership and a focus on safety and wellbeing. You'll also have the flexibility to choose from a wide range of benefits to suit your lifestyle, offering you and your family support from a health and wellbeing, financial and lifestyle perspective. We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of colour, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.
At no time during the hiring process will Smiths Group, nor any of our recruitment partners ever request payment to enable participation - including, but not limited to, interviews or testing. Avoid fraudulent requests by applying jobs directly through our careers website (Careers - Smiths Group plc).
Head of Treasury in Hemel Hempstead employer: Smiths Group
Contact Detail:
Smiths Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Treasury in Hemel Hempstead
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and treasury sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching Smiths Detection thoroughly. Understand their mission, values, and recent developments. Tailor your responses to show how your experience aligns with their goals, especially in building a new Treasury function.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience in liquidity management and FX risk clearly and confidently. Use specific examples that highlight your problem-solving skills and leadership abilities.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining Smiths Detection and being part of their exciting journey.
We think you need these skills to ace Head of Treasury in Hemel Hempstead
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Treasury role. Highlight your experience in liquidity management and FX risk, as these are key for us. Use specific examples that showcase your skills and achievements.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share your vision for building a treasury function and how your past experiences align with our needs. Keep it engaging and personal!
Showcase Your Leadership Skills: As a leadership role, we want to see how you've managed teams and influenced stakeholders in the past. Include examples of how you've led projects or initiatives that had a significant impact on your previous organisations.
Apply Through Our Website: To ensure your application is seen, make sure to apply directly through our careers website. This helps us keep track of applications and ensures you’re considered for the role without any hiccups!
How to prepare for a job interview at Smiths Group
✨Know Your Treasury Fundamentals
Make sure you brush up on your treasury management knowledge, especially around liquidity management and FX risk. Be ready to discuss how you've handled these in past roles, as this will show your expertise and readiness for the Head of Treasury position.
✨Showcase Your Leadership Skills
As a critical leadership role, it's essential to demonstrate your ability to manage and develop teams. Prepare examples of how you've successfully led projects or teams in the past, particularly in a multinational environment, to highlight your capability to shape the new Treasury function.
✨Understand the Company’s Vision
Familiarise yourself with Smiths Detection's mission and recent changes, like the separation from Smiths Group. This will help you align your answers with their goals and show that you're genuinely interested in contributing to their growth and transformation.
✨Prepare for Stakeholder Engagement
Since the role involves collaborating with senior stakeholders, think about how you've effectively communicated and managed relationships in previous roles. Be ready to discuss specific strategies you've used to engage stakeholders and ensure compliance with policies and regulations.