Cash Management Specialist

Broster Buchanan are hiring for a Cash Management Specialist for a leading transport company. 

This is role comes with a salary of circa £45k-£60k plus benefits package, and is based in their Central London office but supports 3 days per week working from home.

This role is an initial 12 month fixed term contract but with potential to go permanent at the end of the 12 months.

The roleholder is primarily responsible for cash operations for the business, ensuring optimal cash flow management, maintaining liquidity, and supporting financial strategies by forecasting cash requirements, managing risks, and ensuring compliance with debt documents.

Responsibilities include:

– Monitor daily cash transactions and manage the cash flow to meet financial obligations.
– Analyse cash flow trends, prepare cash flow reports, and recommend actions to maintain healthy liquidity levels.
– Develop, refine and update cash flow forecasting models to accurately predict future cash positions.
– Collaborate with project teams to understand cash needs and incorporate project-specific forecasts into the overall cash management strategy.
– Produce notices for drawdowns, inter- bank transfers, loan repayments, interest, and expense payments.
– Advise Cash Manager of the payments that need setting up in the banking system and ensuring payments are released on time.
– Working with senior managers to evaluate and execute investment strategies for excess cash to ensure returns are maximized while maintaining necessary liquidity.
– Develop, implement, and review cash management policies and procedures.
– Ensure all cash management activities adhere to lender requirements
– Work closely with accounts receivable, accounts payable teams to optimize working capital.
– Provide timely and accurate reports on cash flow, liquidity, and performance to senior management.

The company are looking for someone with prior experience in a treasury role, or someone with experience in cash management / cashflow forecasting / transactions as part of a broader role.

Its a great opportunity for someone looking to specialize in treasury and take on their first dedicated treasury role, but equally also a brilliant position for someone with prior treasury experience looking to gain more project experience or wanting to develop skills in new areas such as investments.

Apply now to view the full job description and to find out more