Group Treasury Manager

The Treasury Manager is responsible for managing the Group's day to day treasury operations, liquidity, cash forecasting and treasury systems. The role ensures the Group maintains sufficient funding and liquidity to meet operational requirements while optimising cash management, supporting financing activities, managing guarantees and bonds, and maintaining strong treasury controls and compliance.

The Treasury Manager acts as a key business partner across Group Finance, Land, Technical, Legal, SSC and banking partners to support the delivery of the Group's Treasury strategy.

• Reporting to the Assistant Treasurer, the Treasury Manager will review and oversee the Group's daily liquidity position. Review and support the execution of decisions made on funding and deposit transactions to ensure the optimum cash management position is maintained, in line with policy, executing deposit dealings in line with approved Treasury policy.
• Ensure sufficient short term funding is available to meet operational and strategic requirements. Identify and escalation liquidity and funding requirements in a timely manner.
• Management and review of the rolling weekly cashflow forecasting process to ensure the Group's funding levels are adequate to meet short term obligations, highlighting the timings of drawdown requirements.
• Accountable for the accuracy in Group's cashflow consolidated reporting, demonstrating integrity and continuous improvement, including variance analysis and performance reporting.
• A key contact for cash management and forecasting, challenging Regions with Divisional forecast accuracy and assumptions, improvements to overall cash and a closer alignment between Treasury and Group FP&A's monthly forecast iterations.
• Provide clear visibility of expected funding requirements, RCF facility utilisation and cash generation trends.

Treasury Reporting, Governance & Strategy

• Responsible for enhancing the monthly reporting surrounding risk management, specifically on cash & liquidity, counterparty risk, compliances, performance bonds and other Group securities.
• Responsible for the data governance on the Treasury Management System (TMS), supporting treasury optimisation through technology managing the key relationships with platform providers.
• Lead on joint venture financing as required for the business. Supporting the Divisional teams with exploring external sources of debt, deepening relationships with existing banking partners on development financing and recommending the appropriate sources of financing.
• Responsible for reviewing the Group's covenant compliance certificates to banks and investors periodically and managing the expectations of internal stakeholders.

Management of Performance bonds & Guarantees

• Responsible for the management, issuance and release of bank guarantee and performance bonds, in collaboration with Group Legal and the Group's surety broker, adding value to the negotiation of certain provisions. Act as primary liaison internally for trade finance queries, working with Land teams to support with land acquisitions.
• Responsible for reporting bond reductions against internal target on NHBC and other performance bonds. Assisting the Technical teams to facilitate the reduction of historic bonds and optimise available headroom to reduce overall costs.
• Reviewing the 12 month NHBC forecast outlook on bond additions and reductions in order to ensure the Group have sufficient facilities for site development.

Stakeholder Management

• Liaison with the Group's internal and external auditors supporting Treasury's internal controls effectiveness and providing assurances to internal policy and framework.
• Build effective relationships with the Group's Shared Service Centre (SSC) for payment processing, managing cashflow and relating banking systems queries.
• Supporting the Treasury Analyst with mentoring, development and cash management supervision.
• Act as deputy to the Assistant Treasurer, representing Treasury in internal and external forums and providing cover for operational treasury activities when required.
• Supporting the Treasury function in maintaining relationships with all banking partners of the revolving credit facility and other facilities.
• Provide support to the Group Treasury function with ongoing transformation projects (e.g. banking rationalisation, systems connectivity & migration and process improvements).
• Identify opportunities to improve efficiency, reduce risk and enhance Treasury capability across the Group.

To be successful in this role, we are looking for:

• ACT qualified (or studying towards ACT qualification).
• Experience within a corporate treasury environment.
• Treasury Management Systems experience.
• Strong cash forecasting and liquidity management skills.
• Advanced Excel and financial modelling skills.
• Experience managing banking relationships.
• Strong stakeholder management and influencing skills.
• Excellent written and verbal communication skills.
• A proactive approach to problem solving and continuous improvement.
• Housebuilding, construction or real estate sector experience.
• Development financing experience.
• Power BI and treasury analytics experience.

We've been nationally recognised as a 5 star housebuilder since 2010 for supplying high quality homes for all generations. That's more than any other major housebuilder. It's because we combine the brightest minds, the latest technology, and a genuine commitment to putting customers first. We want the best people in the industry to help us shape the future of building. We have tailored opportunities for apprentices, graduates, experienced professionals and ex Armed Forces personnel to come and help us stay one step ahead, and build the homes that Britain needs.

Barratt adopts a hybrid way of working which assumes that where roles allow, our office based colleagues divide their time between working in the office, on our construction sites and sales offices, and working from home, as the role dictates. We recognise the many benefits that an effective hybrid working culture brings to both the Company and our colleagues.

We are building an organisation where anyone with drive and talent can pursue the career they want. We are building a culture where anyone, regardless of gender, race, age, sexuality, disability, background or any other characteristic, can progress and be proud to work for us.

We've been nationally recognised as a 5 star housebuilder since 2010 for supplying high quality homes for all generations. That's more than any other major housebuilder. It's because we combine the brightest minds, the latest technology, and a genuine commitment to putting customers first. We want the best people in the industry to help us shape the future of building. We have tailored opportunities for apprentices, graduates, experienced professionals and ex Armed Forces personnel to come and help us stay one step ahead, and build the homes that Britain needs.

Barratt adopts a hybrid way of working which assumes that where roles allow, our office based colleagues divide their time between working in the office, on our construction sites and sales offices, and working from home, as the role dictates. We recognise the many benefits that an effective hybrid working culture brings to both the Company and our colleagues.

We are building an organisation where anyone with drive and talent can pursue the career they want. We are building a culture where anyone, regardless of gender, race, age, sexuality, disability, background or any other characteristic, can progress and be proud to work for us.

As part of working for Barratt Redrow PLC and specifically for this role we offer:

• Competitive Bonus Scheme
• Private Medical Cover - Single Cover
• Annual Medical Health Assessment
• 26 days' holiday (increase by 1 day for every 3 years' continuous service up to 29 days)

Today's housebuilding professional need tomorrow's benefits, so they're ready for whatever the future brings. When you join Barratt, you get the kind of support you would expect from a business built for a modern working world.

Private medical cover Private healthcare support is available for timely access to a virtual GP, for diagnosis, treatment and more - including physio and talking therapies. You can even add family members.

Pension First class pension schemes with the option of up to 10% employer contributions.

Annual Health Assessment All colleagues are able to access a fully funded annual health assessment, helping you to proactively manage your health and wellbeing.

As well as a competitive salary, we offer many ways to make life more affordable - from access to employee loans and savings accounts, to house purchase discounts.

Cycle to Work scheme, reduced hotel rate, discounts at major retailers These make a massive difference to the quality of your lifestyle.

So much more From death in service, paid volunteer and study leave, enhanced family friendly policies (including our Parents and Carers leave) to a share buying scheme, we have an incredible range of additional benefits.

About Group Support Centre Barratt Redrow PLC is the nation's leading housebuilder, creating great new places to live throughout Britain.

Our business is acquiring land, obtaining planning consents and building the highest quality homes in places people aspire to live. This is supported by our expertise in land, design . click apply for full job details