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 Manager to join a dynamic finance team with the primary focus of the role relating to the management of cash and working capital across the global group and liaising with the banks and lenders on treasury options, banking arrangements and financing facilities. This pivotal role involves overseeing and consolidating fortnightly forecasts for both Profit & Loss (P&L) and Treasury across multiple global sites. You will be responsible for conducting in-depth analytical reviews and presenting concise executive summaries.
Specific 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:
Forecasting and Analysis:
- Own and manage the fortnightly bottom-up forecasting process for P&L and Treasury, consolidating inputs from all sites and conducting detailed analytical reviews.
- Analyse and investigate cash flow trends, exceptions, and variances from prior forecasts, ensuring alignment with commercial and operational performance.
- Prepare and present succinct executive summaries to the group finance team, including the CFO.
Relationship and Performance Management:
- Build and maintain strong relationships with site financial leaders, fostering trust and open communication to gain accurate insights.
- Monitor site performance, flagging discrepancies or concerns, and collaborating with site leaders to develop and implement solutions.
- Liaise with banks and lenders, manage operational banking facilities, bond and guarantee facilities, and internal funding arrangements.
Credit and Treasury Management:
- Evaluate and negotiate credit facilities to ensure their structure, sizing, and terms meet the group's needs.
- Manage the group's cash usage and funding, working with suppliers and arranging FX contracts when appropriate.
- Develop sophisticated cash pooling processes, formal hedging strategies, and manage intercompany relationships and settlements.
Continuous Improvement and Development:
- Drive continuous improvement programs to enhance individual and group processes.
- Assist in the preparation and review of annual budgets and reporting.
- Handle ad hoc projects and responsibilities as assigned.
Skills and Qualifications:
- Proven experience in financial analysis, particularly in cash flow management and forecasting 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.
- A proactive approach to identifying and resolving financial issues.
- Preferred: CIMA/ACA/ACCA
Whats 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 up to 3 days a week from home
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.