Head of Treasury

We pride ourselves on being travel experts. Leading the way when it comes to providing unique travel experiences, our brands offer the world’s best polar expeditions, wildlife safaris, cultural tours, yachting adventures and more.

Our ambition is to build the world’s leading experiential travel company. With over 2000 colleagues across 30 countries worldwide, we are working together to achieve this by sharing our knowledge, expertise and best practices to stay at the forefront of the travel industry.

We are looking to hire a Head of Treasury to join our team! Reporting to our Group Chief Financial Officer, you’ll lead critical initiatives across cash management and forecasting, treasury management system, banking, card acquiring, bonding, administration and reporting, treasury dealing, and bank relationships.

What we’ll offer:

• Competitive salary plus Travelopia Management Bonus Scheme
• Hybrid work environment
• Career progression opportunities
• Paid Time Off
• Various employee discounts and offers

What you’ll do:

1. Cash Management and Forecasting
   • Lead all aspects of weekly cash-flow forecasting, analysis, and reporting on liquidity, FX requirements, and hedging.
   • Lead cash pooling, ensuring efficient fund movement to main group accounts for central usage.
   • Supervise debt covenants, M&A clauses, and ensure timely interest payments within cash forecasts.
2. Treasury Management System
   • Be the subject matter authority on the Treasury Management System (Integrity SaaS 10) in respect of all trade and administrative related tasks including problem solving to support the team.
3. Banking
   • Manage group bank accounts, including opening, closing, and maintenance, while ensuring Board Resolutions and KYC updates are completed with CoSec support.
   • Maintain a register of Travelopia bank accounts and produce quarterly banking audit reports for internal and external audits.
   • Support online banking system administration to assist the team and broader business.
4. Card Acquiring
   • With support from FP&A issue the monthly reporting packs which include exposure and understand the numbers.
   • Be the main relationship contact for Fiserv and Amex plus any additional card acquirers the businesses use.
   • Be the internal customer concern point for any issues using the technical team where required.
5. Bonding
   • Arranging travel bonding in good time for the renewals, collaborating closely with the relevant bodies e.g. ABTA and ATOL plus collating the information for checking prior to submission.
   • Collaborating closely with brokers to ensure sufficient lines are available to cover the bonding requirements.
   • Regularly check if more bond providers enter the travel space.
6. Administration & Reporting
   • Undertaking general treasury administrative tasks as required.
   • Undertaking online banking administration as required HSBC Net, Bank of America, Standard Bank and Axos Bank.
   • Ensuring team members receive the monthly management reporting packs in a timely manner.
7. Treasury Dealing
   • FX (via FXAll online trading platform), cash management (including Interest Rate Hedging) and commodity transactions.
   • Monitoring and maintaining facilities for all hedging.
8. Relationship Management
   • Supporting the CFO and Group Finance, managing relationships with banking partners, card acquirers, and bonding providers. Collaborating with finance teams on banking, hedging, cash flow, and M&A activities. Liaising with auditors for bank and cash confirmations.

What you’ll bring:

• ACT qualification requirement or qualified by experience
• Significant experience in a mid to large corporate treasury environment
• Strong communication skills, with an ability to successfully build positive relationships with the Group’s internal business divisions and relationship banks
• Ability to balance priorities and focus on delivering objectives against tight deadlines
• Experience with a Treasury Management System, external dealing systems, online banking systems and general finance systems is required. Other finance systems is good to have
• Experience of liquidity management, financial risk management and hedging operations
• Knowledge and experience of FX, cash management and external funding facilities

We believe people perform best when they can be their true selves and diverse teams drive better results. We’re committed to fostering a diverse, equitable, and inclusive environment where everyone can succeed.

Travelopia ensures an inclusive workplace for all. If you need accommodations during the recruitment process, please inform us here:

Seniority level

Director

Employment type

Full-time

Job function

Finance and Sales

Industries

Travel Arrangements

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