Assistant Treasury Manager

We are currently seeking an Assistant Treasury Manager to join our Treasury Team

This is an exciting but crucial role within Optivo. The successful candidate will monitor the Day-to-day operational delivery of our treasury function to maintain financial liquidity meeting Optivos cash flow needs. Maintain a robust framework of controls to manage treasury risks. Provide high quality management information.

Within this role you will :-

• Contribute to an engaged and high performing Corporate Finance team; prioritise tasks to meet key milestones; apply judgement showcasing the highest professional standards, culture of continuous improvement and exemplary Optivo CORE values.
• Take part in the development and execution of treasury strategy including bond issues, bank loans, unsecured loans, derivative transactions, cash deposits, money-market fund investments and other products.
• Maintain in-depth knowledge of treasury portfolio and deliver required information to counterparties on time. Report accurately against all corporate financial covenants including gearing, interest cover and investment limits; security-related covenants including asset cover and income cover tests; and non-financial covenants, identifying when lender consents are required for business decisions. Coordinate occasional reporting to the regulator and credit rating agencies.
• Forecast near-term cash flows (with CashBook team) across the entire business and manage loan drawdowns, rollovers, cash deposits, investment balances and intra-group transactions to ensure funds are readily available to settle liabilities as they fall due. Make recommendations and implement agreed decisions on the placement of cash, balancing risk and reward in line with our treasury policy.

What youll need

• Understanding of key treasury products and treasury management principles
• Professional qualification in treasury, banking, accounting or equivalent (such as ACA, ACCA, CIMA, CF, ACT, ACIB), or commitment to work towards one
• Knowledge of financial reporting, financial benchmarking, interpretation and analysis of financial statements and metrics is desirable
• Experience of Lenders key financial metrics is desirable and ratings agencies credit assessment methodologies is desirable but not essential
• Experience of UK social housing or residential property development is desirable
• Excellent Excel modelling skills and model discipline applied to Treasury products
• Standard of written communication suitable for Board reports and external publication
• Prior training to use Treasury Management Systems is desirable but can be provided

Closing date for applications: Wednesday 27th July 2022 at 23:59

The Company has experienced unprecedented growth over the past few years. We have a vast number of employees, and provide support to clients from all over the country.