Finance Manager – Treasury
£60,000 - £75,000 + 10% Bonus & excellent benefits

Aila is excited to announce a partnership with a leading pharmaceutical manufacturing business in Hertfordshire with the recruitment of a Finance Manager – Treasury on a permanent basis.

Our client has recently gone through an exciting merger and now boasts a €1.1bn turnover, close to 4,000 employees with a global presence and a range of medicines for the treatment of immune deficiencies, bleeding disorders and infectious diseases as well as for critical care. The Group headquarters are based in Italy, and the UK business is the leading operator within its field and has a state-of-the-art facility in Hertfordshire.

The Group has ambitious plans to continue to grow with a new Group CEO joining the business in January and real excitement across globally for continued growth.

As a business, they offer a personable and extremely secure environment for you to thrive in with excellent benefits. They currently work 1 day in the office and 4 days remote, and they have a mature and inclusive culture. This company has always been a leader in its field, and they have a great retention rate across the finance team and wider business.

It’s an exciting time to join the business, and you’ll get plenty of exposure to key stakeholders and decision makers internally. As the Treasury Finance Manager, you will be the main driver around the UK treasury department, looking after Cash management and cashflow forecasting for the group, the management of FX exposure and hedging, managing the banking relationships and overseeing the credit function with a couple of direct reports.

We’re looking for an ACA/ACCA/CIMA Qualified Accountant with excellent cash flow forecasting exposure and the ability and desire to head up a treasury function and take on the banking relationships for the UK business or Group of this global manufacturer.

Key Responsibilities:

• Daily liquidity forecasting by currency; arranging sweeps and spot currency purchases
• Weekly cash transaction analysis (consolidated for group) including variance to forecast
• Production and presentation of monthly cash flow forecasts (consolidated for group), aligned to receivables/payables and inputs from commercial and capex teams
• Leading the annual going concern review with the external auditors
• Monitoring FX rates, applying forward contracts in line with hedging policy and producing reports on hedged position
• Updating all schedules to current FX and revaluing positions
• Management of banking relationships
• Managing customer credit risk by performing credit reviews on key customers, setting credit limits and requesting instruments for mitigating credit risk – bank guarantees / LCs
• Overseeing accurate reconciliation of $450m of cash deductions, ensure integrity of financial accounts through review of balance sheet reconciliations and provisions
• Line management of 2 team members

To be successful in this role, you will be comfortable working autonomously, have experience in month end management accounting in a manufacturing environment and be a clear communicator.

Aila is a specialist finance recruitment business that was established with a modern vision of what a recruitment partner should be. With a genuine goal to provide the best jobs to the best people, we operate as an extended arm of our client’s business and a career coach for our candidates ongoing development.

Apply now for more information on this role. If you’re looking to make a move but this role is different to what you’re looking for, get in contact with us today and start a partnership with a finance agency that puts you first.