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Based in Hemel Hempstead, Hertfordshire our client is looking for a qualified accountant to join their team as Head of Treasury on a permanent and hybrid-working basis with 3 days in the office per week. This job would suit an ACA/ACCA/CIMA qualified accountant and ideally MCT or ACT qualified, to be responsible for the delivery of a first-class treasury management and business planning service to the company reporting. Our client has seen significant developments in its market over the last couple of years and they are continuing to go from strength to strength with multiple projects happening across their market. The successful individual will be a subject matter expert and will drive continuous improvement in the efficiency, security and control of daily treasury and business planning activities. They will have excellent financial analytical and treasury skills with experience of managing a loan portfolio in excess of £500m. Experience of negotiating and managing loan agreements with banks and arranging borrowings from institutional investors through the capital markets is a must. Job responsibilities: Manage the business' portfolio of bank loans and capital borrowings, ensuring that accurate and up-to-date records are maintained and reflected in the financial system. Ensure that all interest payments, fees and other loan charges are paid on time in accordance with the loan agreements. Ensure efficient cash and liquidity management. Work with the Director of Financial Services to devise and implement the treasury strategy, treasury policy and procedures for the Association. Work with the Director of Financial Services in arranging new, and renegotiating existing, loans and capital market borrowing, providing all information requirements to support negotiations. Act as the main point of contact for all bank and investor relationships. Evaluate alternative offers of loan finance and capital funding and to make supported recommendations on the best source of financing for the business. Manage the relationship with external Treasury Advisers. Monitor and forecast liquidity headroom against the approved Treasury Policy. Produce treasury activity reports each month and to Board each meeting. Attend the meetings of the Treasury Committee, providing accurate, timely reports and analysis as required. Maintain regular contact with the Charging Officer and Business Support team on the property charging requirements helping to ensure that charged security is in place to support all loans in good time and in accordance with the treasury policy. Manage the delivery of documents necessary to demonstrate compliance with lender's loan covenants and to meet all on-going information requirements. Manage the treasury activity in accordance with the agreed Treasury Policy and Procedures using efficient systems and processes. Provide all information and analysis of loans required for inclusion in the statutory accounts. Responsible for the production of the financial 30 year business plan for the Association Manage production of the detailed sensitivity analysis and multi-variant scenario stress-testing within the plan to allow the Directors and Board of Management to understand the impact of real and potential risks to the plan from changes in the operating and economic environment Complete the approved business plan to the Regulator of Social Housing in accordance with the required timetable and in the required format i.e. Financial Future Return (FFR). Monitor actual performance against the approved business plan. Produce such other financial modelling as required in support of new business activities e.g. stock rationalisation, subsidiary businesses, new activities. Review financial modelling software developments to ensure the business plan continues to meet the needs of the Association. Manage, motivate, and support the Treasury team, ensuring that it runs as an efficient and effective service team, understanding and fulfilling internal and external customer requirements. Manage and regularly appraise staff and ensure that staff are given proper training to carry out their duties. This is a great role for an ambitious accountant seeing their future as Head of Treasury in an exciting and growing business that can offer this opportunity. For more information about this role or any other Head of Treasury jobs in please don't hesitate to contact us in confidence or visit our website. Every application will receive a response as this is the recognised working practice at MRK Associates. MRK Associates - AGY. Helping you build the career you deserve
Do you have 4-6 years of post-qualification payroll experience in the professional services industry and looking for a new challenge - Would you relocate to Bahrain to join a leading Government Business Consulting and Advisory firm with offices in the UK and Middle East? Then read on... This is truly a unique opportunity to join a leading Government Business Consulting and Advisory firm as a payroll & treasury officer to support the payroll, banking and general accounting activities of the business. Key Responsibilities: Payroll: Oversee and process payroll for 150 employees across 5 markets (UK, UAE, Bahrain, KSA, South Africa and Malaysia) Manage Reconciliations of Pension and tax monthly, quarterly and annually Coordinate with payroll service providers for timely payroll report, resolve issues and manage relationships Monitor, manage and reconciles payroll taxes at the employer and employee level Prepare payroll journal entries to General Ledger and year-end audit schedules Producing salary certificates for staff Manage the payroll mailbox and respond to queries promptly Collaborate with HR monthly on employee data updates, including new hires, terminations, promotions, and changes in compensation Monthly reconcile pay change report, ensuring compliance with controls. Develop easy to use templates for various payroll matters. Provide end-of-service benefit (EOSB) and other end-of-employment pay calculations Support the implementation of payroll policies, procedures, and controls to maintain integrity. Identify areas for improvement and recommend changes to enhance effectiveness and automation opportunities. Manage, complete or supports the implementation of payroll-related initiatives and projects Treasury: Liaise with banks to resolve any issues or discrepancies related to banking transactions or services, including rejected or delayed transactions. Monitor bank account balances in different currencies across markets, ensuring sufficient funds for upcoming pay run. Review and reconcile bank accounts regularly, identifying and resolving discrepancies. Audit bank charges and record them on the accounting system. Extract transaction and swift copies as required for the finance team. Process and track bank guarantees. Maintaining a record of documentation and auditing charges. Collaborate with AP team to upload payment instructions to the banking systems. Completion of month-end bank reconciliations for approval by HoF Preparation of bi-weekly short-term 12-week cashflow forecast. Review currency requirements weekly and request forex funding from HoF Reconcile individual cooperate credit cards monthly and investigate any discrepancies. Projects Support wider team on monthly ADHOC general accounting requirements Source and implement a new payroll system that integrates with existing HR system Experience: Ideally you will have 4-6 years of post-qualification payroll experience within a multi-national company in the professional services industry with a portion of such experience occurring in the Middle East. Core Skills: Unquestioned integrity and adherence to strict confidentiality Strong personal communication skills Effective planning and organising skills to prioritise key areas of responsibility, tasks and projects The ability to keep calm in a crisis and to cope well with conflicting deadlines Strong team player who is both committed and flexible About the Client: You will be joining a purpose-driven organisation seeking to improve the positive performance and impact of governments and you will be part of and contribute to some of the most interesting and challenging government reform programmes in the world! PLEASE NOTE: You must be willing to relocate to Bahrain to be considered for this role! If this sounds like you then please send us your CV now! Due to the high volume of applications, only successful candidates will be contacted.
A well-established Housing Association in London is looking to take on a Treasury and Management Accountant (focus on the Treasury) for the next 3 months at first. This organisation enables tenants and communities to thrive whilst also providing great support to their employees. They have award winning ways of engaging with residents and provide homes that people feel happy and safe to live in. It is an interesting role and comes with the flexibility of being fully remote. Responsibilities: Manage treasury facilities, including cash flow forecasting, liquidity management, and working capital optimisation for the group. Liaise with bankers and investors, maintain positive relationships, ensure accurate reporting to stakeholders, and identify potential treasury risks. Produce monthly and long-term cash flow forecasts, alongside conducting sensitivity analysis on group liquidity. Oversee arrangements with valuers for various valuations Ensure the property security register is up-to-date, advising on cost implications of property regeneration, preparing quarterly reports for the security trustee and Business Partners, and coordinating with legal teams for adding or releasing properties from the security portfolio. Requirements: Strong Treasury and Cash Flow knowledge Housing Association/Charity or Not for Profit background Ambitious with the ability to take the lead on Treasury Good communication skills If this role sounds of interest, please apply ASAP as the role is urgent. In our company values we aim for equity at all stages of the recruitment process, please let us know if we can do anything to make the process more accessible to you.