The Business:
Our client is a prominent global Manufacturing and Engineering company with an impressive turnover of £270 million. Specialising in heavily engineered industrial products, our client has experienced consistent growth through both organic expansion and strategic acquisitions. They offer comprehensive design, build, and repair services across diverse sectors including mining, oil and gas, marine, power generation, and manufacturing/engineering. Recognised as a market leader, with manufacturing facilities on every continent, this presents a fantastic opportunity to join a company committed to ongoing global growth and innovation.
The Role:
We are seeking a highly analytical and detail-oriented Group Treasury & Financial Reporting Accountant to join a dynamic finance team. This pivotal role combines treasury management with Financial Planning & Analysis (FP&A) responsibilities, focusing on managing cash and working capital across the global group, as well as liaising with banks and lenders on treasury options, banking arrangements, and financing facilities.
In this role, you will coordinate the preparation of fortnightly cash flow forecasts, manage long-term cash forecasting, and lead critical FP&A projects that are integral to the group's financial strategy. You will also be responsible for covenant reporting, consolidating inputs from all sites, and conducting detailed analytical reviews, all while presenting concise executive summaries to senior leadership.
Specific engineering/manufacturing industry treasury experience is not required. The ideal candidate can come from any industry, provided they have multi-site experience and are familiar with reporting within the terms of group term loan arrangements and covenant management.
Key Responsibilities:
Treasury Management:
- Coordinate the preparation of fortnightly Group 13-week cash flow forecasts, including managing country-level submissions and challenging site performance.
- Prepare longer-term Group cash forecasts, ensuring alignment with commercial and operational performance.
- Liaise with banks and lenders, manage operational banking facilities, bond and guarantee facilities, and internal funding arrangements.
- Develop sophisticated cash pooling processes, implement formal hedging strategies, and manage intercompany relationships and settlements.
Financial Planning & Analysis:
- Lead ad hoc FP&A projects that are critical to the Group Finance team's activities, focusing on cash forecasts and contributing to P&L forecasting.
- Manage and prepare accounts for the Central Costs company, and assist in the budgeting process.
- Prepare and develop financial models for Group forecasts and planning, providing support to global teams with processing and reporting.
Continuous Improvement and Development:
- Drive continuous improvement programs to enhance both individual and group financial processes.
- Assist in the preparation and review of annual budgets and financial reporting.
- Handle ad hoc projects and responsibilities as assigned, with a focus on FP&A and treasury advancements.
Skills and Qualifications:
- Proven experience in financial analysis, particularly in cash flow management, forecasting, and FP&A in a multi-site business.
- Strong analytical and problem-solving skills, with the ability to synthesise complex data into clear, actionable insights.
- Excellent communication and presentation skills, capable of delivering concise summaries to executive leadership.
- Ability to build and maintain strong working relationships with site financial leaders and other stakeholders.
- Proactive approach to identifying and resolving financial issues.
- Preferred: CIMA/ACA/ACCA qualification.
What's on Offer:
- A challenging and rewarding career opportunity with a market-leading company.
- Exposure to a variety of sectors and industries.
- The opportunity to contribute to the company's growth and success on a global scale.
- Hybrid working from the Huddersfield office or fully remote.
Application Process: If you are a motivated financial professional seeking to advance your career with a leading global company, we would love to hear from you. For a confidential and no-obligation conversation to learn more about this opportunity, please submit your CV.