Information:
Job Vacancy Details
Treasury Manager
City Council
London
Permanent ⁄ £42000 - £53000
Updated February 6, 2012
Role description:
• Manage the daily investment of cash balances.
• Ensuring sufficient cash liquidity to meet day-to-day financial obligations
• Maximising return on surplus funds within the constraints set out in the Treasury Management Strategy
• Understanding and provision of market data, together with a commercial understanding of the implications for the Council
• Maintain counter party credit rating agency list
• Preparation and monitoring of a rolling cash flow forecast (short to long term profiles)
• Active analysis of Council's borrowings and provide ad-hoc information regarding treasury matters as required including current and forward fx and interest rates, etc
• Production of regular reports to senior management
• Maintaining accurate records for all Treasury activities
• Assisting with increasing and improving control procedures and producing reports for management, variance and trend analysis and ad hoc projects
• Ensure compliance with the treasury code of practice and other guidance provided by CIPFA and the Secretary of State
• Assist in the preparation of the treasury policy and report to relevant committees and council
• Completion of external returns for all treasury related information.
• Prepare compliant disclosures for inclusion within the Council's Statement of Accounts for Financial Instruments and cash
• Carry out balance sheet monitoring on investments and loans/borrowing, providing movements analysis and account balance certification
• Identifying opportunities to improve treasury and financial management for the Council either through process change or additional training requirements and passing on to relevant staff to implement
• To provide support and advice (guidance, encouragement and advice) for staff that provide data or interact with the treasury team
Who we're looking for
• Detailed commercial knowledge of the economics, structure, drivers and workings of the relevant financial Markets
• Experience of the administration of a large number of corporate bank accounts
• High level of financial and numeracy skills
• Ability to interpret financial regulations & processes for non financial managers
• AMCT (or overseas equivalent) qualified or part qualified is essential
• Excellent interpersonal and communication skills.
About our client
Westminster City Council is the local authority serving the heart of London. It includes the capital's principal areas of government, shopping, entertainment and tourism, a large business presence and extensive residential areas.
The resident population is approximately 244,400 rising to about 1 million people during the day.
What's on offer
£42,000 - 53,000 + Company Benefits
Michael Page Contact
For further info, apply or phone on +44 (0) 207 269 2350.
Job Ref: 13191757
Your application will be sent to Andrew R Wright.
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