Treasury Manager

An established, capital-intensive business is looking to appoint a Treasury & Asset Based Lending Manager to take ownership of the financial management and optimisation of its asset-based lending arrangements.

This is a role for someone who understands how cash flow, invoicing, working capital and an ABL facility interact, and who can identify opportunities to improve the company's cash performance and available funding headroom.

The Role

Reporting into the CFO, you will be responsible for monitoring and managing the key inputs into the company's asset-based lending facility, ensuring the business maximises the funding available to it while maintaining strong financial control.

Key responsibilities will include

Managing the day-to-day financial aspects of the company's asset-based lending facility

Monitoring invoicing, receivables and other inputs that determine borrowing capacity and available headroom

Understanding how changes in debtors, invoicing and working capital impact cash availability

Monitoring borrowing levels, facility headroom and covenant compliance

Preparing information and supporting the quarterly audit process

Managing reporting requirements associated with the lending facility

Working closely with finance and operational teams to ensure invoices and other funding inputs are accurate and timely

Monitoring inventory and its impact on working capital and funding capacity

Identifying opportunities to improve cash conversion and overall cash performance

Providing clear analysis to senior management on liquidity, funding capacity and working capital

Supporting wider treasury and corporate finance initiatives as required

About You We are looking for someone who has a strong understanding of asset-based lending, invoice discounting and treasury, rather than simply a traditional accounting background.

You may currently be working within

An ABL / invoice finance environment

A bank or specialist lender

Corporate finance / working capital advisory

A treasury function within a highly leveraged or capital-intensive business

A finance role where you have had significant responsibility for borrowing facilities and cash management

You will need to understand how cash actually moves through a business, how invoicing and debtor performance affect borrowing capacity, and how the ABL facility impacts the wider treasury position and banking covenants.

If you are interested in this Treasury Manager opportunity or would like any further information, please do not hesitate to contact Richard Warwick at IPS Finance.

IPS Finance has 45 years experience in the Yorkshire accountancy recruitment market. We have built our business on long term relationships with both individuals and clients in all sectors, bringing real benefits to all concerned. Please visit the IPS Finance website to view the latest accountancy / finance and practice opportunities.