Assistant Treasurer

Summary

Salary
£Competitive
Team
Finance
Location
Malmesbury - United Kingdom

Description

The Treasury activity of Dyson James Group Limited (the Group) is carried out by treasury teams in the UK and Singapore. Dyson Finance Limited is responsible for delivering treasury policy and strategy for the Group, for ensuring that the Group is appropriately funded and is the banks’ counterparty for treasury activity.
Treasury Operations within Dyson comprises the following: c. £9bn p.a. of FX transactions; drawings under the £588m RCF bilaterals; three private placements and the efficient management of cash around the Group with six cash pools.
Reporting to, and deputising for, the Group Treasurer (GT), the role is responsible for delivery and development of a wide range of global treasury activities as required flexibly from time to time. This involves significant interaction with senior advisors and colleagues including members of the group executive.

Accountabilities

  • Work with the Director of Tax & Treasury, GT, Group Treasury Managers, and other members of the Front and Back Offices to ensure the best practice of global treasury activities. This wide and varying remit will include any and all of the following aspects from time to time.
  • Working with senior colleagues across the globe and including executive level, especially the CFO and GLC. Working with senior advisors – law firm partners, director level bankers etc.
  • Act as first cover for the Treasury Manager in their role, including the overseeing of daily and routine liquidity/FX position management and related tasks.
  • Alternate (6-12 monthly) with the Treasury Manager in owning the delivery of the group’s monthly FX risk management and monthly cash forecasting processes.
  • Manage the reporting to treasury committees under the direction of the GT.
  • Projects: these can be Treasury focused or Finance/Group related. Depending on the number of live projects, and the capacity of the Projects Manager and Analyst and the SEA Manager, they will include systems implementation, cash management tenders and implementation etc. Occasionally projects require global travel.
  • Legal: ownership and review of contracts within the business that have financial implications (e.g. IT leases), treasury supplier documentation, or purely financial contracts such as cash management or funding, including ownership of GDPR compliance.
  • Funding: with the GT, deliver debt funding to meet the needs of the business.
  • Banking: engage with banks to ensure Dyson obtains the best service levels and to build relationships.
  • Treasury Management: apply wide ranging knowledge to enhance policy, focus strategically, facilitate best practice, review operational and project activity, and make committee reporting come together to a high standard.
  • Such other comparable duties as may be required by the GT.

Skills

  • This role is challenging and requires a strong intellect with excellent numeracy and analytical skills
  • Success will depend upon a dynamism in activity, commitment to deliver and ability to use initiative in resolving issues
  • Strong communicator and influencer, commercially minded and able to approach and challenge colleagues and external professionals to seek out and understand issues
  • Minimum of 5 years’ experience of treasury operations/risk management in a multi-national group
  • Confidence with legal documentation in a financial context
  • MCT  or AMCT qualified by exam
  • Flexibility and willingness to work in a less structured, fast moving environment
  • Good project management skills
  • Naturally works in the best interests of their team

Benefits

  • 27 days holiday plus eight statutory bank holidays
  • Pension scheme
  • Performance related bonus
  • Life assurance
  • Sport centre
  • Free on-site parking
  • Subsidized café and restaurants
  • Discounts on Dyson machines

Posted: 13 February 2019