Treasury Operations Manager

Full job description
Company Description

At Frasers Group we’re rethinking retail. Through digital innovation and unique store experiences, we’re serving our consumers with the world’s best sports, premium and luxury brands globally. As a leader in the industry, we’re elevating the retail experience for our consumers through our collection of established brands, including Sports Direct, FLANNELS, USC, Frasers, and GAME.

Why join us?

Our vision – we are building the worlds most admired and compelling brand ecosystem

Our purpose – we are elevating the lives of the many with access to the world’s best brands and experiences

At Frasers Group, we fear less and do more. Our people are forward thinkers who are driven to operate outside of their comfort zone to change the future of retail, embracing challenges along the way. The potential to elevate your career is massive, the experience unrivalled. To be able to make the most of it you need to live and breathe our principles:

Think without limits - Think fast, think fearlessly, and take the team with you
Own it and back yourself - Own the basics, own your role and own the results
Be relevant - Relevant to our people, our partners and the planet
Are you ready to join the Fearless?


Job Description

This role is based 5 days a week at our Shirebrook HQ

You will be responsible for managing and optimising the organisation’s treasury processes and functions. This role includes overseeing cash management, funding operations, liquidity management, and financial risk mitigation. The ideal candidate will possess in-depth knowledge of treasury operations and will play a key role in ensuring financial stability and efficiency while contributing to the organization's broader financial goals.

Key Responsibilities:

Cash Liquidity Management:

Monitor daily cash positions across multiple bank accounts.
Forecast short-term and long-term cash flow needs, considering seasonal trends.
Implement and maintain an efficient cash management system, ensuring timely collection and disbursement of funds.
Bank Reconciliation Posting Oversight:

Work closely with the Cash Management team responsible for daily bank postings and reconciliations.
Investigate and resolve discrepancies in bank statements, POS settlements, and merchant deposits.
Treasury Operations:

Streamline treasury processes, including payments, receipts, and bank reconciliations.
Manage relationships with banking partners, negotiating terms and services to optimize fees and rates.
Reporting and Compliance:

Prepare and present treasury reports to senior management, including cash position, funding requirements, and risk assessments.
Ensure compliance with regulatory requirements and internal policies related to treasury operations.
Team Leadership:

Lead, mentor, and develop treasury staff, fostering a collaborative and results-oriented environment.
Coordinate training programs to enhance team skills and knowledge in treasury and finance.
Technology and Systems:

Evaluate and implement treasury management systems and tools to enhance operational efficiency.
Stay abreast of technological advancements and industry trends to improve treasury operations.

Qualifications
5+ years in treasury, cash management, or financial operations, preferably in retail or a high-transaction-volume industry.
2+ years of people management experience, ideally within a similar industry
Hands-on experience with ERP systems (e.g., Dream, Navision, D365) and TMS/reconciliation tools.
Familiarity with retail payment systems (e.g., credit card processors, AMEX, Barclaycard MS,).
Strong leadership and team development abilities
Problem-solving skills for resolving payment discrepancies.
Proficiency in Excel (VLOOKUPs, pivot tables) and automation tools (Power Query, SQL).
Bachelor’s degree in finance, Accounting, or related field.
Certifications Preferred: CTP (Certified Treasury Professional), ACT

Additional Information

Along with your benefits package we also offer a wide range of perks for our colleagues: Read more