VP Treasury in City of Westminster

About VIRTUS

VIRTUS Data Centres is a trusted provider of critical digital infrastructure across the UK and Europe. With a strong UK foundation and a rapidly expanding European presence, we design, build, own, and operate resilient, secure, and energy-efficient data centres for some of the world’s leading organisations. Established in the UK, VIRTUS has built a market-leading portfolio across London’s key availability zones and continues to invest significantly in the domestic market. Building on this success, we expanded into continental Europe in 2023, launching our first campuses in Berlin and accelerating growth across strategic European locations through 2026 and beyond. Our ambition is to play a key role in enabling the next generation of digital infrastructure, delivering sustainable and innovative solutions while living our core values of Care, Helpful, Pride, Reliability, and Dedication.

Job Summary

Lead the Treasury function for the VIRTUS Group, ensuring the function is strategically focused and operationally effective. A key aspect of this will be debt origination and strategic planning in order to support VIRTUS growth plans.

Duties and Responsibilities

• Responsible for the global treasury activities for the Group including all aspects of Group liquidity, capital structure and financial risk management and banking relationships.
• Strategy: Formulate funding strategy of the Group taking into account the funding needs of the Group in the different regions for both the short-medium terms but also longer-term horizon opportunities. Focus on delivering accretive financial solutions with respect to the funding of both the existing investment opportunities and pipeline opportunities. Ensure that all funding solutions will be appropriate for the longer term debt/capital market solutions for the wider UK/and or EMEA VIRTUS Group including ESG and Green loans as appropriate. Responsible for designing and leading on core hedging strategies (Interest/Forex hedging).
• Fund Raising & Liquidity: Seek management and board approvals on funding strategy and capital raising/borrowings. Establish new banking relationships with local banks in new regions and manage existing banking relationships. Oversee the negotiation with Bankers.
• Board and other reporting: Develop strong relationships and manage communications with key VIRTUS stakeholders, both internal and external. Lead the team to ensure timely data-driven reports and insights across operations including daily/monthly reports and cash forecasting as well as build a strategic structure for liquidity planning review control and governance. Periodic Board reporting on treasury activities. Monthly and quarterly Management reporting for Treasury Activities. Periodic update to Senior Management on financial projections of the company and funding strategy.
• Insurance: In the future, the role may include working with existing internal team and insurance brokers to review and implement the group insurance policies.
• Staff Responsibilities: Lead, develop and grow a team of treasury specialists. Foster a high-performance culture aligned with VIRTUS values. Identify and communicate strengths in team members and ensure their development plans are implemented. Any other reasonable requests made by your line manager.

Qualifications

Essential: Bachelor’s degree in accountancy or its equivalent. ACA/CTA/CFA qualified or equivalent.

Experience

Essential: More than 15 years of relevant experience in Treasury, with banking experience a plus. Must have experience in large Corporate Financing and bond.

Desirable: Experience in a Big 4/10 accounting firm and/or a multinational corporation.

Skills

Essential: Proficient in MS Office. Highly organised. Possess excellent communication and interpersonal skills. Self-motivated with great attention to detail and demonstrates strong ownership of tasks.

In line with VIRTUS’ Vetting Policy, the successful applicant must be willing to undergo a BS7858 screening process. VIRTUS is an equal opportunity employer. As part of our commitment to fight for equality, we work to ensure a fair and consistent interview process. We celebrate diversity and we are committed to an inclusive work environment.