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Arch Capital
,
Manchester, Greater Manchester
Treasury Manager
Overview
Job Description
The Position The Treasury Manager will be responsible for the primary treasury functions within the Arch/Barbican UK business as well as developing and driving treasury projects to support the local entities as well as the wider US Group. The role will report to the Head of Financial Operations and Accounts Payable/Receivable Manager and work closely with an offshore team based in the Philippines. The role will also have exposure to the Group Treasury function based in the US. There are a substantial number of bank accounts across the Arch/Barbican entities and part of the role will be to rationalise these and the numerous banking relationships. Job Responsibilities Oversee the accurate and timely reconciliation of the numerous bank accounts currently held with various banking partners Work with a small offshore bank reconciliation team, primarily based in the Philippines, to ensure reconciliations are clean Develop a robust cash flow forecasting model for the various entities Liaise with the Group Treasury function with regards to the Group-wide implementation of a Treasury Management System in 2020 To rationalise the number of bank accounts and banking partners following the purchase of Barbican by Arch Produce reports based on the activity across all bank accounts and the associated cost Establish relationships with each bank counterparty Explore liquidity and cash management structures across all entities Identify and document a process/road map that can be used for any potential future acquisitions made by Arch International Implement any process improvements Ensure all regulatory rules are adhered to Ad hoc requests Any other duties as required Required Skills/Experience Detailed knowledge of the treasury function Solid understanding of the bank reconciliation process Good analytical, problem solving, and decision-making skills. High degree of accuracy and attention to detail Excellent verbal and written communication skills Excellent interpersonal skills Strong time management and organisational skills with a proven ability to consistently meet deadlines Ability to work collaboratively with others within the department and across the Company and wider Group Proficient with general ledger applications and relevant Financial Systems (e.g. Great Plains, TM1) Strong analytical skills with the ability to collect and organize significant amounts of information with attention to detail and accuracy Strong knowledge of Excel Desired Skills/Experience * Insurance experience Experience in Lloyd's insurance market Education A treasury qualification