Treasury Accountant

Treasury Accountant Salary: £45,000 to £50,000 depending on experience Permanent Hybrid / Home and Ashford, Kent Due to an internal promotion, Saga plc is seeking to appoint a Treasury Accountant to deliver a professional and efficient service across the Saga Finance and Central Professional Services community. Here you will be the main point of contact for all Treasury-related issues and queries. Plus, the key day-to-day point of contact for all Treasury partners such as our banks, auditors and other financial services providers. At Saga, the Treasury Team’s objective is to look after the financial health of our organisation by mitigating risks, keeping assets safe and returns optimised. The Treasury Accountant’s role is critical to the daily operation and oversight of Treasury and is a central point of contact in a small busy team. You will be exposed to managing the Group’s cash, debt, currency and commodity hedges and investment strategy. We work in a hybrid way at Saga both at home and in the office. The Investor Relations and Treasury team meet in person once a week in Ashford, Kent. When you do come into the office, it’ll be with a real purpose in mind – to meet with your team, to work together, and of course to socialise and celebrate too! Package Description Everyday our colleagues deliver exceptional experiences to our customers. We believe exceptional work deserves even more exceptional rewards, that's why we have put together an amazing benefits package for all colleagues. BENEFITS AVAILABLE TO ALL COLLEAGUES: 25 days holiday + bank holidays Option to purchase additional leave up to 5 extra days Pension scheme matched up to 10% Company performance related annual bonus - Up to 5% Life assurance policy on joining us Wellbeing programme Colleague discounts including family discounts on cruises and holidays Range of reductions and offers from leading retailers, travel groups and entertainment companies Enhanced maternity and paternity leave Grandparents leave Income protection Access to Saga Academy, our bespoke learning platform Main Responsibilities Working as our Treasury Accountant, you’ll report directly to the Director of Investor Relations and Treasury. You will be responsible for the following: The oversight of Enterprise-wide cash balances each day such that there are no overdrawn balances and that surplus funds are invested in line with policy, ensuring that regulatory capital is ringfenced where required. Lead the implementation of process improvement and automation of daily processes, particularly cash management, working with the finance transformation team to drive forward change. Lead change within the broader team, identifying areas for improvement, eliminating complexity, and reducing spreadsheet reliance. Develop and maintain accurate cash flow forecasts to ensure adequate liquidity. Oversight of foreign exchange settlement on behalf of the Travel businesses in line with Group policy. Preparation and processing of manual payments, where required. Oversight of online banking and portal administration. Oversight of bank mandates, including the coordination of changes with the Company Secretarial Team and various banks. Preparing the agenda for and attending Travel Treasury Committees. Assist with and carry out foreign exchange currency trading. Support with the management of the merchant acquiring relationship. Prepare monthly debt drawdowns, compliance certificates and information deliverables to banks. Prepare monthly reporting for the debt facilities and investment portfolio. Ownership and maintenance of Group Treasury policies. Support with ad hoc projects as required. Oversee the management of the Treasury inbox. Serve as a key contact for our banks and other stakeholders. Coaching and mentoring of the Treasury Analyst. Following our Business Code of Conduct and always acting with integrity and due diligence. The Ideal Candidate You will have already worked in a Treasury department and be able to demonstrate high levels of accuracy and accountability to perform in this dependable role. You will also demonstrate the following skills and experience: Strong communication skills are essential. Ability to build financial models in a clear, concise manner. Accuracy and the ability to self-review is critical. Excellent Microsoft Excel skills. Previous successful working history in a Treasury-based role. Excellent knowledge of banking regulations and payment mechanisms. Desirable: Full or Part qualified accountant. Hold the ACT qualification. Saga Values:

Make it Happen, Do the Right Thing, Customer First, Excellence Every Day. About The Company Over the past 70 years we have become the UK's specialist provider of products and services to people aged over 50 in the UK. At Saga, we’re committed to making sure that colleagues can be their best, be themselves and make a difference. Saga does not accept agency CVs unless specifically engaged on the role by the Talent Acquisition Team.

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