Job Description

You will monitor the Day-to-day operational delivery of our treasury function to maintain financial liquidity meeting 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; priorities tasks to meet key milestones; apply judgment 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 Cash Book 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's in it for you?

• Pension
• Life assurance
• Healthcare cash plan
• Eye care & dental
• Birthday leave
• Retailers discounts
• Cycle to work
• Buy & sell annual leave
• Season ticket loan
• In-house academy & career development
• Flexible working

Required Knowledge, Skills, and Abilities

• 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