A private equity backed organisation delivering enviable growth in its defined sector in the UK and globally.
Business is truly global with operating divisions in the Benelux, South Africa, USA, Australia and Kenya as well as the UK and Ireland.
The Group Treasury Manager is a new role brought about by continued expansion of the Group.
Key Responsibilities
Key responsibilities:
- Establish a Group Treasury Function for the KCS Group
- Set out a Treasury framework for the Group
- Lead the procurement and deployment of a Treasury Management System
- Bring the KCS Group to a position where material currencies are swept overnight into interest bearing accounts so that the group is maximising the return on its cash reserves
- Advise on management and mitigation of the Groups FX risk
- Manage the production of an accurate rolling quarterly cash flow forecast for the Group to be reported monthly to the board
- Manage the Groups external debt:
- Interest:
- Review quarterly interest statements from debt Agency for accuracy
- Monitor changes in underlying lending funds to determine the correct withholding tax treatment of interest payments
- Manage the groups interest withholding tax position
- Draw downs:
- Be responsible for initial and rolling utilisation requests
- Be a key contributor to material group transactions, e.g. acquisitions get money in the right place at the right time
- Be responsible for interest period selection notices
- Repayments
- Advise on debt repayment strategy
- Have oversight of the Groups banking relationships:
- Rationalise these as appropriate whilst balancing counter-party risk associated with too few relationships
- Act as a focal point for best practice and knowledge sharing with the senior finance team
- Other:
- Supporting Group projects on an as required basis
- Liaising with shareholders and bankers to fulfil know your client and other anti-money laundering requirements
- Other ad-hoc work as directed from time to time
Required knowledge, experience and technical skills:
- Demonstrable success in a similar role
- Understanding and experience of treasury management including FX, liquidity, cashflow and various financial instruments
- Sound understanding of accounting principles
- Strong understanding of financial markets, financial instruments and debt instruments
- Knowledge of banking relationships and covenants
- Ability to work autonomously and be part of the broader team
- Appropriate handling of sensitive information
- Excellent time management and organisational ability
- High level of attention to detail
- Intermediate to advanced computer software skills, including Excel and specialise treasury management systems
- Possessing strong reporting and analytical skills
- Able to operate effectively in a dynamic, fast moving and demanding environment
Kerridge Commercial Systems (KCS) is the market leader in developing and delivering fully integrated business management solutions for distributors, suppliers, resellers, wholesalers and merchants. Our mission is simple: to design, implement and support high performance systems that enable our customers to source effectively, stock efficiently, sell profitably and service competitively.
Equal Opportunities
KCS is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires us to adjust the recruiting process please do advise us when contacted.
If this role is of interest to you please apply online.
To all recruitment agencies: KCS does not accept agency resumes. Please do not forward resumes to our careers site or direct to KCS employee. KCS is not responsible for any fees related to unsolicited resumes.
