Head of Treasury
Location: Wakefield
We are the leading national independent auction group, led by quality people, driving the future of the remarketing industry through leading results, innovation, investment, excellence in technology and exceptional service.
Our mission is to bring new perspectives, energy and more innovative ways of working to extend our value within the automotive industry.
We are looking for a Head of Treasury to join our busy finance team. The role reports to the Head of Finance.
Principle Responsibilities include:
- Manage the treasury of the company.
- Take responsibility for Balance Sheet Ownership.
- Assist with the management of the external audit.
- Assist with financial accounting and reporting.
- Prepare the PAYE Settlement Agreement alongside HR.
- Implement new processes and maintain comprehensive and up to date process documentation.
- Continuously improve controls and procedures for the benefit of Aston Barclay.
- Support Management with ad hoc requests and reporting.
- Lead and manage direct reports.
Duties include:
- Take responsibility for the full cash cycle of the company from debtor receipt collection to vendor payables including weekly overhead payment runs.
- Develop a thorough understanding of cash positions and cashflow cycles to aid the business with forecasting.
- Produce a weekly 13 week cashflow forecast.
- Manage the payment approval process from Accounts Assistants for vendor payables in line with SLAs.
- Provide input into cash forecasting model and analysis of historic trends.
- Manage inter account transfers to ensure facility guidelines are complied with.
- Manage transfers to and from savings accounts ensuring interest received is maximised.
- Ensuring key vendor funding arrangements are working correctly.
- Maximise the working capital position of the company by critically reviewing debtor/creditor position on an ongoing basis.
- Own the reconciliation process for all areas of the balance sheet.
- Monthly preparation of balance sheet
- Present balance reconciliations at period end for management sign off.
- Be one of the main points of contact for external auditors.
- Provide information and responses to queries in a timely manner.
- Take responsibility for the timely production of monthly management accounts including all required analysis.
- Review and submission of quarterly VAT returns.
- Ensure PSA is completed accurately and in the timely manner.
- Have oversight of ONS submissions with involvement from other areas of the business.
- Implement project plans in line with the Company’s requirements, and work with key stakeholders on the project needs of the Company, delegating specific tasks to direct reports as needed.
- Continuously improve controls and procedures for the benefit of Aston Barclay.
- Provide visible, respectful leadership and be the technical expert for direct reports.
- Manage direct reports to achieve agreed outputs.
- Embed KPIs to manage performance across team.
Skills/Experience:
- Professional accounting qualification/ Qualified by experience.
- Proven ability and background in financial and management accounting.
- Strong interpersonal, influencing and presentational skills.
- IT literate (accounting software) and experience in system improvement/ implementation.
- Experience in multi-company environment.
- Experience of producing high quality management information to deadlines.
- Ability to be a trusted adviser to business colleagues.
- Advanced Excel, PowerPoint, Word and Outlook skills.
37.5 hours per week, Monday to Friday. Competitive Salary.
We offer a fantastic range of benefits that reflect the value we place on our employees and help make Aston Barclay Group a great place to work. These include:
- 25 days leave per annum + bank holidays
- The ability to purchase upto an additional 5 days leave per annum
- Enhanced sick/maternity/paternity/adoption policies
- Healthcare Cashback scheme on costs such as Dental, Optical and Physiotherapy
- Access to an online rewards scheme that gives you discounts and money back on everything from fashion, holidays, entertainment, car hire, health and beauty and even weekly shopping from major supermarkets
- Free Employee Assistance Program (also available to family dependants)
- Life assurance cover 2 x salary
- Christmas savings scheme
- Length of service awards
- Refer a friend recruitment incentive scheme
- Early finish on your birthday
- Onsite gym
