Treasury Manager

Manager- Treasury

Role Overview:

The Manager Treasury is responsible for overseeing the organizations day-to-day treasury operations, including cash management, payments execution, forecasting, and bank relationship management across multiple entities.
The role ensures liquidity is effectively managed, controls are maintained, and reporting is accurate and timely. This position also drives process efficiency, compliance with treasury policies, and provides leadership to the treasury operations team.

Responsibilities

Key Responsibilities:

1. Cash & Liquidity Management

• Oversee preparation of daily cash positions and ensure all accounts are adequately funded to meet business commitments.
• Review and approve daily, weekly, and monthly cash flow and interest reports submitted to UK and parent company management.
• Monitor and optimize cash utilization across group entities, coordinating internal funding or intercompany settlements as needed.
• Support foreign currency management and funding requirements in collaboration with business and finance teams.

2. Payment Operations & Controls

• Supervise execution of all payment runs (domestic and foreign) including BACS, Direct Debits, Cheques, and Wire Transfers.
• Ensure all payments are processed in line with approved schedules and authorization matrices.
• Oversee Direct Debit processing, returned items handling, and ensure exceptions are addressed promptly.
• Maintain strong internal controls and ensure compliance with parent company treasury policies and SOX / audit requirements.

3. Treasury Reporting & Forecasting

• Review weekly and monthly cash flow forecasts and identify variances against actuals with explanations.
• Support the annual cash flow budgeting process, providing inputs to finance leadership.
• Ensure accuracy of bank reconciliations, cash book postings, and month-end reporting (via Blackline or equivalent).
• Consolidate and present key treasury metrics, KPIs, and dashboards to management.

4. Banking & Systems Administration

• Serve as primary liaison with banking partners (HSBC, BOI, BOA, Citi, JPM, RBS etc.) for operational and administrative matters.
• Manage bank account documentation, mandates, facility letters, and authorized signatories.
• Oversee system administration for treasury platforms including SAP S/4, HSBCNet, BOA, CitiDirect, RBS AccessPay, and Blackline.
• Review bank charges for accuracy and ensure timely reconciliation to the General Ledger.

5. Leadership & Process Improvement

• Lead and mentor a team of Treasury Analysts, Payment

  Coordinators, and Treasury Clerks, ensuring clear accountability and development.
• Review and enhance treasury procedures to improve efficiency, automation, and control.
• Drive initiatives to standardize global treasury processes and strengthen governance.
• Provide cross-functional support to AP, AR, FP&A, and Controllership teams on cash and banking-related matters.

6. Other Responsibilities

• Oversee corporate card program administration, ensuring compliance with policies.
• Manage or support ad-hoc treasury projects, system implementations, and internal audits.
• Provide cover for key treasury team members as needed to ensure operational continuity.

Minimum qualifications

Education

• Bachelors degree in Accounting, Finance, Commerce, or Economics.
• CA / CMA / CPA / ACT / MBA (Finance) preferred

Experience

• Progressive experience in Treasury, Banking, or Corporate Finance, including hands-on exposure to cash forecasting, bank reconciliations, and payment operations.
• Proven experience in managing multi-entity or multi-currency treasury environments.
• Prior experience in shared services or multinational organization preferred.

Technical Skills

• Proficiency in ERP and Treasury Systems: SAP S/4, HSBCNet, Blackline, BOA, CitiDirect, RBS AccessPay.
• Strong understanding of banking operations, cash pooling, FX exposure, and intercompany settlements.
• Advanced Excel and reporting skills; experience with Blackline or similar reconciliation tools

Preferred Qualifications/ Skills

• Experience in media, publishing, or large shared services setups supporting global entities.
• Exposure to UK/US banking frameworks, cash-flow modelling, and internal audit processes