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Job Vacancy Details

Assistant Treasurer

Media

West London

Temp ⁄ Candidate dependant

Updated August 29, 2008

My clientis undergoing a significant period of change, with profits tripling over the past 3 years to over £100m, and a target to double profit again within the next 5 years. Growth will be achieved through a combination of acquisitions, investment in new business activities and organic expansion. The Group operates within strict covenant limits and a new role has been created to help transform cash management across the business.

Working closely with both operational and Group Finance teams, the Assistant Treasurer will be pivotal in radically improving cash planning and liquidity management across the group. The role will primarily focus on cash planning, but will also act as the liaison between operational finance and the specialist Treasury team at theparent company.

Key accountabilities include:

1. Assist the Treasurer in the execution of his/her duties;
2. Assess cash forecasting and planning procedures across the Group;
3. Help Treasurer establish systems and procedures to improve accuracy, timeliness and integrity of cash forecasting in line with best practice and work with operational finance teams to embed these across the Group;
4. Consolidate cashflow reporting at group level, streamline and refine processes and include consolidated short and long range cash forecasts;
5. Analyse and challenge cash performance across the business, working with operational teams to improve understanding of performance and forecasting accuracy;
6. Monitor performance against key covenants, ensuring that both short and long term funding requirements are managed within these constraints and introduce appropriate metrics to measure and control Group liquidity risk;
7. Work with Treasurer to assess the cashflow impact of major transactions, providing astute commercial advice, and ensuring that funding requirements can be met in both short and long term financing plans;
8. Lead the development, agreement and documentation of cash management and reporting practices across the Group, ensuring that these will meet the current and future needs of the business;
9. Assist Treasurer maintain and improve robust risk management practices across the Group in respect of cash-based activities;
10. Assist the treasurer to set-up and create best in practice treasury department;
11. Other ad hoc work as may be required from time to time.

Who we're looking for
1. Qualified accountant with several years experience gained in a commercial environment. Experience of cash management at a senior level in a complex organisation is a requirement for the role;

2. Demonstrable experience of developing and implementing process improvements in a complex reporting structure is a prerequisite for the role;

3. Proactive and self motivated with excellent oral and written communication skills;

4. Excellent excel skills and meticulous attention to detail combined with an ability to see the bigger picture;

5. Confident and flexible team player with the ability to influence and persuade at all levels;

6. A "finisher" with the genuine drive and commitment to improve the effectiveness of processes;

7. Awareness of the commercial impact of decisions and the ability to identify creative solutions to complex issues;

8. Ability to use initiative, anticipate issues and develop common sense, practical solutions.

About our client
One of the strongest brand name's in the mediasector.

What's on offer
Candidate dependant

Michael Page Contact
For further info, apply or phone on +44 (0) 207 269 2265. Job Ref: 13006738
Your application will be sent to Alex Hyde.