Treasury Operations Manager

Frasers Group

  • Shirebrook, Derbyshire
  • Permanent
  • Full-time
  • 16 days ago
Company DescriptionAt 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 ecosystemOur purpose - we are elevating the lives of the many with access to the world's best brands and experiencesAt 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 DescriptionThis role is based 5 days a week at our Shirebrook HQYou 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 InformationAlong with your benefits package we also offer a wide range of perks for our colleagues:Reward, Recognition and OpportunitiesFrasers Champion- Our employees are at the heart of our business and we ensure individuals are recognised every single month for their hard work. Frasers Champion is a peer nominated scheme where 8 winners will receive double their pay for a month where they have thought without limits, owned it or been relevant.Fearless 1000 - By October 2025, we want our share price to hit £10. If that happens for 30 or more consecutive trading days, all colleagues across the business will receive a bonus! The top 1000 performers in the company will receive unprecedented bonuses, worth from £50,000 to £1million! Senior leaders across the business nominate these performers twice a year for embodying our core values and delivering exceptional performance*.*subject to terms and conditionsFrasers Festival - an event like no other! Our Frasers Festival is our celebration for Head Office and Retail Staff across the UK and Europe - hosting a MEGA brand village, guest speakers from the world's biggest brands, evening entertainment, the ultimate Frasers Fearless Fitness Challenge and much more.CEO Sessions - Once a quarter we offer 20 employees the opportunity to attend our “CEO Sessions” ran by our CEO and leadership team. Employees have the chance to connect, network and submit questions around specific topics such as our Sports or Luxury business.Retail Reconnect - In order to build the planets most admired and compelling brand ecosystem, all employees must understand our business, product and customers. Each financial year, Head Office employees will gain insights by spending two days in one of our stores or the Warehouse. The goal is to learn how the work you do impacts our teams on the frontline, and to bring ideas back to the office which will improve how we work.Employee WelfareFrasers Fit - Our Everlast Gyms Team are on a mission to make our workforce the best, and fittest on the planet! We run free gym classes for employees as well as discounted memberships to our clubs. Frasers Fit is our wellbeing programme which aims to support and improve colleagues Physical, Financial & Mental wellbeing. The app is accessible for every employee and includes training, nutrition and lifestyle advice- all completely free.Retail Trust - We know that its not just about physical health, mental wellness is equally important which is why all of our employees get free access and support from the Retail Trust charity. This includes a 24 hour wellbeing helpline, wellness hub, counselling and financial/legal support.What's next?Our Recruitment Team will be reviewing applications and all candidates will receive a response, whether you are successful or unsuccessful. Shortlisted applicants may be asked to confirm a few key details before being booked in for a first stage interview with the Recruiter- this will be behaviourally focussed and centred around how you align with our Culture and Values. If successful we anticipate two further interview stages with the Hiring Manager/wider team which will be more technically focussed and could include a presentation/task so we can see your skills in action.

Frasers Group