As the business continues to experience fast international growth, the finance team is looking for an experienced Treasury Manager. Reporting into the Head of Group Reporting, the Treasury Manager will own and manage the Group’s treasury function end-to-end, covering cash management, forecasting, funding, and treasury controls across all countries and currencies.

This role is accountable for the design, ownership and continuous improvement of the Group’s treasury framework, processes and controls. The role requires a strong understanding of both the cash and accounting aspects of treasury, combined with the ability to translate analysis into clear recommendations, challenge assumptions, and influence decision-making at senior level.

This is a fantastic opportunity to shape and evolve the Group’s treasury strategy and operating model as the business continues to scale internationally, with a clear opportunity to grow into a broader leadership role as the function develops.

Key Responsibilities

Cash Management & Forecasting

Manage the Group’s daily cash position across multiple currencies, entities and banking partners, ensuring sufficient liquidity to meet operational and strategic needs
Own the Group’s cash visibility and liquidity planning, proactively identifying risks and funding requirements
Prepare, maintain and continuously improve a rolling 13-week cashflow forecast, including variance analysis, commentary and reporting to the Finance Leadership Team
Review payment runs and support payment approvals in line with short-term cash forecasts, budgets, liquidity requirements and internal controls
Produce longer-term cash forecasts to support budgeting, funding requirements and strategic planning
Translate cash analysis into clear recommendations for senior leadership, including mitigation actions for identified risks

Funding & Group Loans

Manage the Group’s loan facilities, including monitoring, covenant compliance, and forecasting drawdowns/repayments
Prepare information for lenders and internal stakeholders
Lead or support interactions with lenders and advisors, including ongoing reporting and information requests
Support refinancing, facility amendments or new funding arrangements as required.
Provide clear insight to management on funding capacity, risks and options

Intercompany Cash & Transfer Pricing

Manage intercompany cash movements between Group entities, ensuring they are executed in line with transfer pricing policies, intercompany agreements and tax requirements
Work closely with the Tax Manager to ensure intercompany funding, interest calculations and cash movements are compliant and appropriately documented
Support accurate accounting and reporting of intercompany balances, interest and settlements
Drive improvements to intercompany funding structures and cash efficiency across the Group

Banking, Controls & Payments

Own relationships with the Group’s banking partners globally, including day-to-day operational matters and negotiation of fees, terms and services
Maintain oversight of bank account structures and mandates, ensuring they are up to date, well controlled and consistently documented across all countries
Design and implement scalable processes for payments, approvals and controls
Define and continuously improve the Group’s treasury control framework, ensuring consistency and scalability across entities
Ensure strong treasury controls are in place to safeguard cash and comply with internal policies and external regulations

Accounting, Reporting & Close

Ensure all bank accounts are reconciled daily and monthly, with transactions accurately coded and posted in Dynamics 365 (ERP)
Take responsibility for treasury-related activities at month-end and year-end, including journals, reconciliations and supporting schedules
Support the external audit process by providing treasury-related information and explanations
Ensure treasury activity is correctly reflected in management accounts and statutory reporting

Foreign Exchange & Risk Management

Design, implement and operate the Group’s Foreign Exchange Policy
Monitor and report on foreign currency exposures and positions, working closely with local finance teams
Identify and mitigate FX, interest rate and liquidity risks
Recommend and implement appropriate hedging or risk mitigation strategies

Systems, Process & Stakeholder Management

Work closely with FP&A, tax and local finance teams to ensure accurate cash reporting and effective financial decision-making
Partner with the ERP project team to enhance the ERP cash module, driving automation, improved controls and better treasury reporting
Provide clear, insightful and timely treasury information and reporting to the Finance Leadership Team to support decisions on cash, funding, investments and risk
Act as the treasury subject matter expert across the business, influencing decisions and driving best practice
Drive the scaling of treasury processes and controls to support international growth
Support ad-hoc treasury and finance projects as required by the business

Skills, Knowledge & Expertise

Required attributes:

Professional accounting qualification (ACA, ACCA, CIMA or equivalent), or actively studying towards one
Proven experience in a treasury role within a multi-entity, multi-currency environment
Demonstrated ability to own and improve treasury processes, not just operate them
Comfortable operating at both hands-on and strategic levels
Strong, hands-on experience producing and owning a rolling 13-week cashflow forecast, including variance analysis and stakeholder reporting
Solid understanding of day-to-day cash management, liquidity monitoring and short-term funding requirements
Experience with group loan facilities, including lender reporting, drawdowns, repayments and covenant monitoring
Good understanding of treasury accounting, including bank reconciliations, treasury journals and month-end close processes
Experience managing or maintaining bank accounts and mandates, with a strong focus on controls and auditability
High attention to detail and a strong control mindset
Comfortable working with ERP systems and banking platforms, including extracting, reconciling and validating data
Confident communicator, with the ability to influence and collaborate effectively across all levels of the organisation
Able to manage competing priorities in a fast-paced environment
Hands-on, proactive and comfortable “owning” tasks from start to finish
Well organised, methodical and process driven

Desirable attributes:

Experience in a group or international environment with complex cash and intercompany structures
Exposure to transfer pricing mechanics, including intercompany interest calculations and documentation
Practical exposure to foreign currency transactions and monitoring FX exposures, with experience supporting or operating FX hedging and understanding hedge accounting principles
Familiarity with covenant calculations and lender reporting packs
Experience working in a growth, PE-backed or rapidly changing business
Experience with treasury management systems (TMS) or advanced ERP cash modules
Strong Excel skills, including building and maintaining cashflow models
Confidence presenting cash and liquidity information to senior finance stakeholders

Benefits

Some of the benefits we include are:

Private Medical Insurance
Dental Insurance
Parental Support
Salary-Exchange Pension
Employee Assistance Programme (EAP)
Local Oxford Discounts
Cycle-to-work Scheme
Flu Jabs

At AER, we are committed to offering flexibility in the way we work. Most of our roles are hybrid with a mix of in-office/home working and potentially adjustable working hours. Let’s discuss what works for you and AER during the interview process.

The Company is committed to the principle that no employee or job applicant shall receive unfavourable treatment on grounds of age, disability, gender reassignment, race, religion or belief, sex, sexual orientation, marriage or civil partnership, pregnancy, and maternity.

To apply, please submit your Résumé / CV, a personal summary, your salary expectations and please inform us of your notice period.

Unfortunately, we are unable to accept applications via email, telephone, or social media platforms. To be considered for this position, please submit your application using the link provided. Applications submitted through any other channel will not be reviewed.

Treasury Manager

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Key Responsibilities

Skills, Knowledge & Expertise

Benefits

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