Contract to start ASAP

Duration: 26 weeks with a possible extension.

Job Purpose:

Managing Treasury and Exchequer Services is crucial for maintaining a healthy cash flow and ensuring financial stability of the Council.

The purpose of this role is to carry out the Council's treasury operations and manage the Exchequer Services section involved in provision of comprehensive set of financial operations services to the Council and its companies, e.g. Treasury, Insurance, Accounts Receivable, Accounts Payable and Payroll services.

Responsibilities

Carry out the daily, monthly and quarterly treasury operations as required

Assist in maintaining robust treasury management policies and procedures for the Council (e.g. TMSS, TMPs & TMSs) review for appropriateness and recommend changes to ensure effective control and management of treasury risks and activities;

Maintain the Council's liquidity position by managing cash surpluses as per Council's investment policies and strategies.

Maintain the Council's rolling short-term and medium-term cash forecasts

Maintain a fit for purpose banking infrastructure, banking mandate and efficient banking relationships.

Liaise with the Council's treasury advisors, engage credit assessment application companies and apply industry practice to monitor and assess credit limits, as required.

Act as System Administrator for the Treasury Management System (Logotech) ensuring all records are up to date and adhere to the Council's policies.

Provide regular management information reporting on treasury management to the Council's management and committees as required under the CIPFA's Codes of Practice and the TMSS.

Prepare the monthly cash control by reconciling all income and expenditure records to bank statements and schedules and to the FMS, and by resolving differences identified, in order to ensure that all receipts and payments have been correctly accounted for and posted to the Council's ledgers accordingly.

Disclaimer: On applying for this vacancy, you agree that your personal details will be passed onto our client for their consideration of your suitability for the role. I acknowledge that it is my responsibility to notify iWork Recruitment Limited of any hirer who I do not want my details to be passed onto.

OR24750-03-26