Job Description
Role Responsibilities
Cash & Liquidity
- Manage top down cashflow forecasting, to give insight in funding requirements on a global and regional level and manage overall Total Borrowings.
- Preparation and analysis of weekly cashflow reports for Finance Management.
- Monitoring cash balances around the group and maximising value by using excess cash to enable further investment for growth or debt reductions.
- Active involvement with investments around the group and providing recommendations on funding any M&A activity.
- Management of banking systems and drawdowns/repayments on debt facilities.
- Maximising returns on interest income by continuous monitoring of the best rates of return with our various banking providers.
Interest rate exposure
- Leading decision making to minimise our interest rate exposure.
- Providing recommendations to the business on interest rate hedging requirements relative to external borrowing.
- Continuous monitoring of the market for interest rate fluctuations and how this will impact cashflows.
- Forecasting interest costs on external debt facilities and managing expectations around leverage.
Foreign Exchange exposure
- Provide strong technical expertise to ensure optimal management of foreign exchange exposure in line with FX hedging policy.
- Continuous monitoring of FX hedging requirements to ensure we are participating in FX markets to smooth our effect FX rate.
- Working closely with the business to propose hedging levels and managing forecast cashflow.
- Oversight/responsibility for FX deals and the production of the related Board report updates.
System Improvements
- Review, challenge and streamline Treasury processes.
- Review new and different ways to manage forecasting, which best support the continued growth of the business.
Other
- Management of the group’s relationships with banks and other lenders to ensure ongoing compliance with facility agreements.
- Manage the performance of direct reports ensuring staff have clear objectives, regular PDRs and receive feedback on performance
- Adhere to and meet fully the expectations of Miller, as set out in its policies and procedures, training material, and embedded in its systems and controls.
- Comply with any external rules and requirements imposed on individuals performing their role at Miller, such as Lloyd’s byelaws and FCA rules.
- Promote Miller brand and values to enhance Miller’s reputation in the market
Benefits
On top of a competitive salary we offer a fantastic benefits package including:
- 10% pension contribution from Miller. In addition, Miller will match any employee contributions up to 5%.
- Private Medical Insurance
- Medicare cash plan
- Minimum of 25 days annual leave (with flexibility to buy or sell)
- Life Assurance
- Income Protection
- Critical Illness cover
- Enhanced Maternity, Paternity Adoption and Shared Parental Leave