Head of Treasury

Job Description

Based in Hemel Hempstead, Hertfordshire our client is looking for a qualified accountant to join their team as Head of Treasury on a permanent and hybrid-working basis with 3 days in the office per week.

This job would suit an ACA/ACCA/CIMA qualified accountant and ideally MCT or ACT qualified, to be responsible for the delivery of a first-class treasury management and business planning service to the company reporting.

Our client has seen significant developments in its market over the last couple of years and they are continuing to go from strength to strength with multiple projects happening across their market.

The successful individual will be a subject matter expert and will drive continuous improvement in the efficiency, security and control of daily treasury and business planning activities. They will have excellent financial analytical and treasury skills with experience of managing a loan portfolio in excess of £500m. Experience of negotiating and managing loan agreements with banks and arranging borrowings from institutional investors through the capital markets is a must.

Job responsibilities:

• Manage the business' portfolio of bank loans and capital borrowings, ensuring that accurate and up-to-date records are maintained and reflected in the financial system.
• Ensure that all interest payments, fees and other loan charges are paid on time in accordance with the loan agreements.
• Ensure efficient cash and liquidity management.
• Work with the Director of Financial Services to devise and implement the treasury strategy, treasury policy and procedures for the Association.
• Work with the Director of Financial Services in arranging new, and renegotiating existing, loans and capital market borrowing, providing all information requirements to support negotiations.
• Act as the main point of contact for all bank and investor relationships.
• Evaluate alternative offers of loan finance and capital funding and to make supported recommendations on the best source of financing for the business.
• Manage the relationship with external Treasury Advisers.
• Monitor and forecast liquidity headroom against the approved Treasury Policy.
• Produce treasury activity reports each month and to Board each meeting.
• Attend the meetings of the Treasury Committee, providing accurate, timely reports and analysis as required.
• Maintain regular contact with the Charging Officer and Business Support team on the property charging requirements helping to ensure that charged security is in place to support all loans in good time and in accordance with the treasury policy.
• Manage the delivery of documents necessary to demonstrate compliance with lender's loan covenants and to meet all on-going information requirements.
• Manage the treasury activity in accordance with the agreed Treasury Policy and Procedures using efficient systems and processes.
• Provide all information and analysis of loans required for inclusion in the statutory accounts.
• Responsible for the production of the financial 30 year business plan for the Association
• Manage production of the detailed sensitivity analysis and multi-variant scenario stress-testing within the plan to allow the Directors and Board of Management to understand the impact of real and potential risks to the plan from changes in the operating and economic environment
• Complete the approved business plan to the Regulator of Social Housing in accordance with the required timetable and in the required format i.e. Financial Future Return (FFR).
• Monitor actual performance against the approved business plan.
• Produce such other financial modelling as required in support of new business activities e.g. stock rationalisation, subsidiary businesses, new activities.
• Review financial modelling software developments to ensure the business plan continues to meet the needs of the Association.
• Manage, motivate, and support the Treasury team, ensuring that it runs as an efficient and effective service team, understanding and fulfilling internal and external customer requirements.
• Manage and regularly appraise staff and ensure that staff are given proper training to carry out their duties.

This is a great role for an ambitious accountant seeing their future as Head of Treasury in an exciting and growing business that can offer this opportunity.

For more information about this role or any other Head of Treasury jobs in please don't hesitate to contact us in confidence or visit our website.

Every application will receive a response as this is the recognised working practice at MRK Associates.

MRK Associates - AGY.

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