Group Treasury Manager Permanent

Following a change in ownership and financing structure of Asda, the role of treasury has become even more fundamental to the successful operation of one of the UK’s largest retailers. This is an exciting time to join a fast-paced and dynamic treasury team.

You will work closely with the Group Treasurer who will provide ongoing support and career development. You will also work closely with commercial and finance senior leaders in the group as well as forming strong working relationships with a number of World-class banks and advisors.

Your role

You will actively support the Group Treasurer in performing their wider Group Treasury responsibilities including maintaining appropriate controls and policies, pro-active relationship management with the banking syndicate, collaboration with all business units to achieve company objectives, maintain a highly efficient, well-respected and effective treasury function.

Assume primary responsibility for the Group cash forecast process and outputs, ensuring accuracy and robustness of reporting, set reporting deadlines and maintain accountability of the business for their forecast data with a continuous improvement mind-set. You will maintain forecasts validating future compliance with Group banking covenants, identification of pinch points and develop actions to minimise the impact on the business and improve working capital. You will also have the opportunity to keep senior leadership up to date on the latest cash position.

You will take a leading role in implementing a Treasury Management System to support efficient liquidity management. You will optimise the use of cash pooling and the bank account structure and develop new sources of liquidity to minimise the use of the Group RCF and minimise fees. You will also manage the interest, fees and capital repayments on external debt

You will work alongside our trading teams to identify hedging requirements and develop hedging strategies. You will also manage the execution of the trades by maintaining secure and reliable access to the Group’s trading platform, including managing user access, delegation of authorities to execute trades and associated FX and interest rate reporting.

Assume primary responsibility for Treasury reporting and in conjunction with the technical accounting team, the appropriate accounting.

About you

Qualified Treasurer (AMCT/ACT) or qualified by experience (5 years +). You will have a proven track record of treasury working within a large corporate organisation with a good understanding of the UK and European banking regulations and experience of working with the debt markets and a track record of effective communication at senior levels.

If flexible working is important to you, then look no further! At Asda, we are proud of our culture and our commitment to flexible working. This role is a full-time role based at Asda House, Leeds with the flexibility to work from home 2-3 days per week

You will also get an excellent benefits package including:

• 5,700 company car or car allowance plus discretionary company bonus
• Company pension up to 7% matched
• 10% colleague discount, free parking and many additional rewards.

We want all colleagues to be able to bring their best and true selves to work, every day. Simply put, we want our colleagues to be Proud to be Asda and proud to be themselves.