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 escalate 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. 
• 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.
• 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 targets 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.
• 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.