Head of Treasury

29 November 2023
Birmingham, West Midlands


Job details Location: Aberdeen, Birmingham, Bristol, Cambridge, Cardiff, Edinburgh, Gatwick, Gibraltar, Glasgow, Leeds, Leeds Broadgate, Liverpool, London, Manchester, Milton Keynes, Newcastle upon Tyne, Norwich, Nottingham, Plymouth, Reading, Sheffield, South Coast - Southampton, Watford Capability: KPMG Business Services Experience Level: Senior Manager Type: Full Time Service Line: Finance Contract type: Fixed term contract Job description We are looking for an experienced Group Treasurer to drive the firms treasury policy forward and set an appropriate capital structure. The Group Treasurer will be responsible for defining, driving and implementing the overall strategy for Treasury with the objective of managing the short, medium and long term position of the firm to ensure it has sufficient funds to meet its strategic plans Reporting into the Chief Accounting Officer this position will be responsible for managing the firms treasury activities. It’s a broad-ranging, hands-on treasury position combining treasury operations, cash management, business partnering, foreign exchange and risk management. Responsibilities include: Responsible for the cash flow forecasting across the group taking into account borrowing needs and investment requirements in the short and longer term Ensuring liquidity ratios are manage effectively whilst ensuring costs are minimised Oversee, shape and manage the strategic relationship between capital, accounting and liquidity Work closely with banks to maintain and build strong banking relationships and negotiate rates and terms with banking partners to minimise costs Plan and execute the refinancing of existing funding lines Management and reporting of all Treasury related Operational and Strategic risks Lead the cashflow stress and scenario testing frameworks and related discussions with the auditors Working across the finance function to develop and maintain effective oversight on cash requirements and working capital targets Managing foreign exchange risk and currency flows to determining optimum funding and hedging strategies Perform month end reporting requirement and lead reporting on Treasury matters to the Audit Committee, Board and Executive Committee Manage operational requirements and management information requirements for our key facilities Prepare accurate covenant compliance statements on a timely basis Cash management: monitor cash balances, implement day-to-day cash controls, administrate cash pooling and investments Bank relationship management: maintain bank mandates, manage bank queries, KYC updates and maintain register of all group bank accounts Coordinate treasury policy and consistent process across the group Skills & Qualifications Advanced qualifications reflective of a high degree of numeracy, ideally ACT qualified Minimum of 5-7 years of experience within treasury and/ or liquidity risk management, ideally with some professional services experience Experience of managing excess liquidity and treasury investments and of associated capital requirements and liquidity treatments Knowledge and experience of liquidity and interest rate stress testing with strong modelling experience Experience in managing foreign exchange risk through the use of suitable instruments with awareness of accounting considerations Understanding of Treasury markets & products A high level of accuracy and attention to detail Excellent interpersonal skills, communication and conduct and a proven ability to build strong relationships across functions Highly organised, able to work to tight deadlines in a fast-paced environment and to manage conflicting priorities, in co-ordination with stakeholders A flexible and positive attitude towards change; resilient, self-motivated Good communications skills and the ability to develop strong relationships with banking partners Grade: Senior Manager Base location: Flexible Why KPMG Business Services at KPMG? Every day our firm performs better because of how we work together, as one team, each the best at what we do. The difference we make shines through to our people and our clients. We’re KPMG Business Services (KBS). We’re a cross-functional team, bringing together experts across a wide range of critical activities which help to grow, run and protect our business. From HR and Learning, Finance, Procurement, Facilities and Operations, through to Risk and Legal, Corporate Affairs, and Market Development, our approach is focused on driving the improved performance of the firm. We work shoulder to shoulder with our client-facing teams and we focus on delivering our services in ways which help to drive efficiency, improve quality and enhance our firm’s brand and reputation. Read about KPMG Business Services Service Overview This is an opportunity to join a team of expert professionals with a proactive approach to problem-solving and a commitment to adding value. The work we do here is very varied. You could find yourself looking after our management systems, inputting into the leadership decision-making process, providing tax expertise or working as a business partner for different service lines. We have a very inclusive environment with plenty of scope for career development, potentially including support for professional qualifications. Put simply, if you have a focus on delivering excellent work and high-quality service in the Finance space, we'll do all we can to help you achieve your full potential. Read about Finance


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