A Treasury Manager leads and manages a Treasury team ensuring that cash and collateral authorisations are monitored, and approved payments are made effectively. This is a vital role which involves the managing of cash, investments and other financial assets. The purpose of a Treasury Manager is to help improve a business’s liquidity and advise the business on key financial decisions involving invested and investable assets.
Typical responsibilities of a Treasury Manager
- Management and staff: Lead and manage and develop the Treasury team (accounts payable, banking, expenses, treasury).
- Responsible for the treasury function, including: liquidity monitoring; managing relationships; and analysis and review of reporting information.
- Collateral monitoring & Transactions: responsible for collateral monitoring, including monitoring the collateral positions, processing collateral transfers and implementation of collateral arrangements for any new treaty wins.
- Investment accounting and reporting: relationship, production of investment committee materials, management of the Solvency II USGAAP and IFRS investment reporting, cross charge procedure
What expertise is required?
Typically, a Group Treasurer is fully-qualified accountant with financial services background. Experience with accounts payable, treasury, collateral and investment accounting are needed.
London is one of the world’s great cities, offering both a modern lifestyle and history dating back to Roman times. The City ‘square mile’ is recognised as one of the leading global financial centres and is the European base for many multi-national corporations. Accordingly, opportunities for tax professionals to be involved in cutting-edge/international matters are exceptional.
London is the epi-centre of the UK economy, with the majority of corporate headquarters and financial institutions being based in the Square Mile, Canary Wharf or the Thames Valley (the traditional home for large corporations needing extensive space to house their vast workforce).
London can cater to all tastes and interests. The city is a leading centre for the arts including the West End’s world famous theatrical productions, Covent Garden’s opera and ballet and the various internationally renowned art galleries. London also offers an array of bars, restaurants and clubs.
London’s transport network is one of the most comprehensive in the world and there are great connections around the country and to cities across the UK. There are new high speed rail links to the north as well as coastal regions which includes a link to Ashford with connections to the Eurostar for Calais and Brussels. Gatwick and Heathrow are easily accessible from the centre of London, with no frills’ airlines offering low cost flights to many European destinations, making it affordable and easy to take short breaks on the Continent.