Treasury Manager - Dealing and Business Partnering - 6 Month Fixed Term Contract
| Posting date: | 02 May 2025 |
|---|---|
| Salary: | Not specified |
| Additional salary information: | Competitive |
| Hours: | Part time |
| Closing date: | 18 May 2025 |
| Location: | London, London, EC1R 5AR |
| Company: | Tesco |
| Job type: | Contract |
| Job reference: | tesco/TP/16782674/937131 |
Summary
About the role
In this role you will partner the business, providing treasury advice and solutions on FX, Working Capital & inter-company funding. Once agreed, it is my responsibility to execute and record market trades in compliance with Treasury Policy.
You will be responsible for
- Executing financial derivative market transactions (FX and Deposits) as per the requirement of the business and accurately inputting deals into Treasury system
- Being curious and actively seek out risks and opportunities to support the business (e.g. FX , working capital) from both a local and group perspective and work collaboratively with business units ("BUs") to be a go to advisor who adds value to stakeholders and their businesses
- Understand and challenge BU cash forecasting, using this to ensure the business is appropriately funded (Inter-company loans, equity injections, dividends etc.)
- Managing the Group’s short term cash position, including borrowing and depositing funds and arranging drawing of short term debt
- Dealing with external counter-parties (e.g. banks, money market funds) - Other adhoc projects falling within the Group Treasury remit
You will need
- Experience with financial derivative market transactions (FX and Deposits)
- Ability to identify and manage risks and opportunities in business (e.g., FX, working capital)
- Proficiency in cash forecasting and funding (inter-company loans, equity injections, dividends)
- Experience in managing short-term cash positions, including borrowing and depositing funds
- Experience dealing with external counter-parties (e.g., banks, money market funds)
- Understanding of economics and how news impacts FX rates and interest rates
What’s in it for you
We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. Click Here to find out more!
- Annual bonus scheme of up to 20% of base salary
- Holiday starting at 25 days plus a personal day (plus Bank holidays)
- Private medical insurance
- 26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 6 weeks fully paid paternity leave
- Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing
About us
Tesco has become a market leader by doing the little things that really matter for our customers and colleagues.
It’s part of what makes Tesco such a great place to work, and we’re proud to have been accredited as one of Britain’s Top Employers again this year.
We're the UK's number one retailer and we pride ourselves on offering a great shopping experience. We are passionate about our food, merchandise and services and will always try to get things right for our customers.
But did you know we also offer great job opportunities? With stores, distribution centres and offices across the UK, and a vast variety of roles, we are always looking for people who have a hunger to work with customers and colleagues across our exciting business.
We believe in treating each other with respect and giving everyone an equal opportunity to get on. It's our people that make the difference every day - helping us make a difference for our customers
Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details before your agreed start date.
For more information about us please visit www.tescoplc.com
Proud member of the Disability Confident employer scheme