UK Cash Manager

Location: Peterborough
Salary: £35,000 to £40,000 + Holiday Discounts + Benefits
Job type: Permanent
Posted on: 25 Jan 2010

Thomas Cook Group plc is a leading international leisure travel group with a portfolio of market leading travel brands across Europe and North America. It is committed to providing the best quality products and services to its customers, and continuing to deliver shareholder value. Each year more than 19 million people choose to travel with Thomas Cook Group plc, buying its holidays from a network of more than 3,000 owned or franchised travel stores, online or through its call centres. Thomas Cook Group plc is a €12 billion revenue business, employing 33,000 people globally and operating a fleet of 97 aircraft. This is an excellent opportunity to be part of the UK Treasury function within this FTSE 100 plc.

The Role

Working within the Thomas Cook Head Office in Peterborough, this is a superb opportunity for a finance professional to work as part of a FTSE 100 specialist team, whose focus is increasingly commercial. This role will involve:

Managing daily cash position and short term forecasting for Thomas Cook UK & Ireland and to support the business units with cash management and other treasury issues

• Daily cash management and short term forecasting for the UK group
• Consolidation of cash balances into UK treasury centre
• Funding UK subsidiaries as required
• Money market dealing of deposits and borrowings
• Weekly population of short term cash forecast model
• Provision of support for business units and outsourced SSC provider with regard to cash management and other treasury issues that arise
• Maintenance, exploitation and further development of treasury systems, treasury information system and electronic bank reporting systems
• Treasury reporting, including foreign exchange, liquidity position, current market data and other matters as appropriate
• Monitoring FX rates and movements
• Recording and maintenance of hedging requirements for business units
• Foreign exchange dealing
• Monitoring and analysis of bank charges
• Updating and maintenance of treasury procedures/processes related to role
• Liaison with banks and SSC provider on day to day operational issues
• Providing treasury expertise for adhoc projects with TC finance colleagues and outsourced SSC provider
• Provision of cover during absence of Treasury Administrator and Treasury Assistant

Essential Skills/Experience

• Previous treasury or banking work experience
• Treasury qualification or equivalent accounting qualification
• Flexible approach to support projects as necessary
• Proven team player
• Record of building strong working relationships
• Strong understanding of cash management
• Familiarity with short term forecasts

You may have experience in the following roles: Treasury, Cash Management, Treasury Accounting, FX, Payments.

Please send all applicants to:

https://thomascook.taleo.net/careersection/uk_cash_manager/jobdetail.ftl...

No terminology in this advert is intended to discriminate on the grounds of age, and we confirm that we will gladly accept applications from persons of any age for this role.