Senior Treasury Manager

About the role

The Senior Treasury Manager operates from the Group Finance Shared Service Centre in Milton Keynes and reports directly to the Group Financial Controller. This position owns the end-to-end compliance, control and daily administration of treasury activities for a complex multinational hospitality group. The role ensures the group sustains sufficient liquidity across UK and international entities while operating efficient banking structures. You will manage financial risk in alignment with approved treasury, tax and accounting policies and maintain robust internal controls over banking access, payments and cash movements. The position grants strong exposure to local finance teams, tax, legal, FP&A, IT, internal audit and banking partners. You will lead and develop a small treasury team of 1 to 3 people while advancing process improvement, automation and standardisation across treasury activities.

What you'll do

You will own the operational oversight of group treasury activities, ensuring processes remain controlled, documented, timely and compliant with group policy. Lead global cash positioning, short-term cash flow forecasting over a rolling 13-week horizon and enhance working capital visibility across all local and international entities. Support the Commercial Finance team on medium- and long-term cash flow forecasting as well as liquidity planning initiatives. Manage the full bank account lifecycle, covering account openings and closures, banking mandates, authorised signatory updates, KYC packs, bank documentation, online banking platforms and periodic user access reviews. Maintain stringent controls over payments, intercompany funding, cash pooling, sweeping, bank reconciliations and treasury-related master data. Act as a key relationship partner for all banking partners, supporting the negotiation and renewal of banking services, facilities, fees and account structures. Identify, assess and manage foreign exchange, interest rate, counterparty and liquidity risks, backing hedging strategies in line with approved tax, accounting and treasury policies. Manage external debt and facility administration, including covenant compliance, interest schedules, guarantees, letters of credit, bank fees and other treasury instruments as required. Prepare consolidated treasury reporting for the Group Financial Controller, CFO and senior leadership, covering cash, debt, rolling 13-week liquidity, forecast accuracy, FX exposures, bank accounts and key control metrics. Ensure strict compliance with treasury policies, delegated authority limits, regulatory requirements, internal control standards and audit requirements, providing support for internal and external audit workstreams. Support transformation projects such as bank rationalisation, payment process improvement, payment factory and shared service activities, as well as ERP and TMS implementations and treasury control enhancements. Own and refresh treasury policies, standard operating procedures, control matrices and bank account governance documentation. Oversee treasury management systems and banking portals, including Kyriba or equivalent TMS, driving automation, standardisation, data quality and system optimisation. Partner with tax, legal, accounting and local finance teams on intercompany loans, dividends, funding flows and other corporate transactions. Manage, coach and develop a small treasury team of 1 to 3 people, setting clear objectives, reviewing performance and building treasury capability within the shared service centre. Handle additional activities and projects as assigned by the Group Financial Controller or CFO, including merchant acquiring and card payment acceptance, investment of surplus cash and interest income optimisation within policy, and sanctions and AML screening over payments and counterparties. Apply treasury accounting under US GAAP and hedge accounting, and contribute to board and audit committee treasury reporting.

Requirements

You will likely hold a relevant professional qualification such as ACT/MCT or ACA, or possess equivalent corporate treasury experience gained in a multinational environment. Bring significant experience in corporate treasury, cash management or treasury operations within a fast-paced multi-site or multinational business, with hospitality, retail, consumer services or shared service centre experience being beneficial. Demonstrate strong knowledge of liquidity management, cash pooling, banking products, bank account administration, banking mandates, FX hedging, interest rate risk, debt facilities, guarantees and treasury controls. Show proven experience managing a complex portfolio of bank accounts, online banking platforms, KYC requirements, authorised signatories, user access controls and treasury compliance activities across multiple entities and currencies. Exhibit experience preparing treasury reporting for senior finance leadership, with the ability to explain cash, debt, risk and liquidity matters clearly to non-treasury stakeholders. Possess hands-on experience with treasury management systems, with Kyriba desirable, alongside advanced Microsoft Excel and ERP exposure such as Oracle, SAP or similar platforms. Maintain a demonstrable control and compliance mindset, with experience designing, operating and improving treasury processes, governance documentation and audit-ready controls. Display confidence in dealing with senior stakeholders, banks, auditors and cross-functional teams, supported by strong written and verbal communication skills. Have previous experience managing or supervising a small team, with the ability to coach others, prioritise effectively and deliver to demanding deadlines. Be pragmatic, hands-on and resilient, with strong attention to detail, sound judgement and the capacity to improve processes within a complex and evolving organisation.