Corporate Treasury Manager

Who are Web Travel Group

The Web Travel Group, an ASX 200 listed company (ASX: WEB), is a global B2B organisation servicing the travel industry, connecting hotels and other travel sellers to a diverse network of travel buyers all over the world through our trade-only digital travel marketplace brand WebBeds.

In September 2024, we changed our name from Webjet Limited to the Web Travel Group as part of a demerger. The Webjet Group (Webjet B2C comprising of Webjet OTA GoSee Trip Ninja) demerged from the Web Travel Group, creating two independent and simplified companies, improving our ability to pursue independent strategic priorities and growth agendas relevant to our businesses.

How will you make an impact

The Corporate Treasury Manager is responsible for overseeing the financial health and stability of the organization by managing cash flow, liquidity, and financial risk. This role ensures the company maintains sufficient funding to meet its operational and strategic objectives while minimizing financial risks.

The position ensures compliance with regulatory requirements and corporate governance standards while implementing treasury policies and systems that enhance financial controls and reporting. By providing strategic insights and financial guidance, the Corporate Treasurer supports executive decision-making, long-term growth initiatives, and overall business stability.

What will you do on your journey with Web Travel Group

• Formulate, document, and ensure compliance with the Group Treasury policy.
• Ensure the business maintains sufficient liquidity to meet its current and short-term liabilities.
• Coordinate half and full year activities related to achievement of cash targets.
• Global Process Owner (Treasury) for systems which impact the Treasury function, ensuring technology solutions provide best practice processes and reporting.
• Partner with business units on working capital management and achieving working capital targets, focusing on key metrics such as DSO, DPO, and operating cash conversion.
• Work collaboratively with finance leaders to ensure early identification of new financial risks.
• Manage and monitor the Group trade FX hedging solution to ensure its effectiveness in mitigating the group's FX risk, including monthly reporting of net exposures and performance against policy objectives.
• Responsible for managing budget and balance sheet FX risk.
• Oversight and approval of foreign exchange execution to effectively manage foreign currency risks across the Group, including preparation of the necessary documentation to support hedge accounting.
• Ownership of Treasury P&L items, including periodic forecasting, variance analysis, and exploration of opportunities which have potential to produce financial value for the business.
• Oversight of cash flow forecasting across the group, working closely with business unit CFOs and Treasury operations to deliver timely and accurate short and mid-term cash flow forecasts.
• Manage internal and external audit queries and proposed action items.
• Complete payment authorization in online banking platforms where required.
• Work collaboratively with Treasury operations to improve efficiency and to deliver outstanding service to internal stakeholders.
• Overall management responsibility for the corporate treasury team, including the provision of training and education opportunities which align employee and business objectives.

The skills we would love to see in your suitcase!

• Minimum 3 years in a senior Treasury role.
• Member of a Professional Treasury association.
• Must excel in reporting and financial analysis.
• Demonstrated capability documenting and executing an organization's financial risk management policy.
• Strong understanding of accounting standards and documentation requirements relating to Hedge Accounting.
• Previous exposure and demonstrated capability managing high volume FX risk.
• High level of judgment and discretion.
• Exceptional verbal and written communication skills.
• Proven ability to build positive relationships and engage people across all levels of the organization.
• Big 4 experience is a plus.
• Online Commerce and/or Travel industry experience is desirable.