Role details

Treasury Manager

City of London   •  Permanent

Bullet points

  • Associated British Foods plc - International food, ingredients and retail group
  • Interesting and broad Manager role, with direct reports and project work

About Our Client

Associated British Foods (ABF) is an international food, ingredients and retail group with sales of £12.8bn and over 124,000 employees in 48 countries across Europe, Southern Africa, the Americas, Asia and Australia.

ABF has a relatively centralised Treasury approach despite a decentralised business model. The Group Treasury function acts as a centre of expertise based in London and is responsible for the funding and financial risk management of the Group.

Group Treasury also provides significant transactional support to business units. It acts as an In House Bank to many business units, centralising cash via a range of diverse pooling structures with a number of banks, and acts as a centre of expertise in the management of foreign exchange and commodity exposures. Group Treasury also act as a payment factory making foreign currency or cross border commercial payments "on behalf" of many business units and head office companies.

Job Description

- Manage day-to-day Treasury operations:

  • Management and development of the dealing activities of the Treasury function
  • Management of the long term financing and working capital needs of the businesses and the group's foreign exchange risk
  • Ensure efficient utilisation of surplus funds
  • Provide strong guidance and support to Front and Middle Office Treasury Analysts

- Maintain robust Treasury controls and procedures, developing risk and controls matrix and process documentation

- Ownership and development of Treasury reporting, intercompany loan documentation

- Manage and demonstrate compliance with all covenants on external loan agreements

- Support Assistant Treasurer in ad hoc Treasury projects (M&A, Corporate Finance, systems)

The Successful Applicant

The successful candidate will be a fully qualified accountant (ACA, CIMA, ACCA), and ACT qualified (or at least working towards/desire to commence studying).

In addition we are looking for:

  • Finance experience with large international businesses, specifically within Group Treasury function (middle and front office experience)
  • Good understanding of Banking, Capital Markets and Treasury related taxation issues
  • Good understanding of accounting standards and particularly accounting for financial instruments
  • Good understanding of corporate risk management techniques
  • Strong IT skills with experience in development, testing and roll out of Treasury systems
  • High energy and enthusiasm
  • Team player and able to work across treasury, finance and the business unit
  • Ability to communicate effectively at all levels
  • Flexibility - ability to work in a flexible manner, to meet changing priorities

What's on Offer

The package on offer is up to £70,000 basic salary (depending on experience) plus car allowance, company pension, private healthcare.

Apply for this job

Click the Apply or LinkedIn button below or contact Daniel Perriton on +44 20 7269 2474 quoting job reference 13752782
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