Treasury Controller - 12 Month Fixed Term Contract

All the details

Summary

We are recruiting for a Treasury Controller to join our busy Treasury team. M&S is an iconic UK retailer with turnover of 13bn. Treasury is a critical function within our head office, responsible for funding and handling financial risk for the group including interest rate, foreign exchange and energy exposures.

Working closely with the Group Treasurer and Assistant Treasurer, this is a varied position with a leadership role in the reporting of Treasury activities both internally and externally.

You'll ensure compliance with financial reporting requirements, lead Treasury engagement with the auditors, as well as critical analysis of the impact of new projects from accounting, operational and policy perspectives.

This role can be based either from our Salford Quays or London Paddington locations and we would consider part-time applicants as well as full-time for this role.

To stay close to customers, our support teams are in the office three days a week as we believe that skills are developed through collaboration, and that spending time together makes us more creative and connected.

What's in it for you

Being a part of M&S is exactly that - playing your part to bring the magic of M&S to our customers every day. We're an inclusive, dynamic, exciting, and ever-evolving business built on doing the right thing and bringing exceptional quality, value, and service to every customer, whenever, wherever and however they want to shop with us.

Here are some of the benefits we offer that make working for M&S just that little bit more special:

• After completing your probationary period, you'll receive 20% colleague discount across all M&S products and many of our third-party brands for you and a member of your household.
• Competitive holiday entitlement with the potential to buy extra holiday days!
• Discretionary bonus schemes awarded based on how you achieve your personal objectives and our performance as a business.
• A generous Defined Contribution Pension Scheme and Life Assurance.
• A dedicated welcome to our teams with a tailored induction and a wide range of training programmes to develop your skills.
• Amazing perks and discounts via our M&S Choices portal to maximise your financial and personal wellbeing.
• Industry-leading parental, adoption and neonatal policies, providing support and flexibility for your family.
• Access to a fantastic range of wellbeing support for all colleagues including access to our 24/7 Virtual GP and PAM Assist to support you and your family.
• A charity volunteer day to support a charity or cause you're passionate about through a dedicated day away from work.

What you'll do

Your key accountabilities will include:

• Lead the delivery of Treasury reporting as part of the full year, half year results processes. This includes liaison with auditors, Treasury Balance Sheet Review, Review of the implication of changes in accounting standards on Treasury reporting and Leading delivery of the monthly reporting processes including interest analysis and management accounts reports.
• Ensuring awareness and compliance with treasury policies and managing reporting of compliance issues within the control governance framework, and ensuring use of best practice across Treasury in technical matters such as derivative valuation.
• Lead treasury activity around intercompany funding structures including: Ensuring appropriate intercompany funding arrangements are in place, and Identifying opportunities to upstream cash either via dividends or intercompany loans.
• Interest Budget & Forecasting; Develop the Treasury interest budget and forecasts. Perform scenario/sensitivity analysis to explain key risks within the forecast, and Monitor variances to outturn.
• Treasury Operations; liaising with Treasury operational stakeholders within the business on operational matters such as supply chain, and identifying opportunities to optimise the use of Treasury systems to enhance control and efficiency.

Who you are

Your skills and experience will include:

• Qualified accountant with experience of accounting and valuation for treasury instruments.
• Treasury qualification desirable.
• Excellent relationship management capabilities - able to build and maintain both internal and external partner relationships.
• Experience in managing and developing junior team members.
• Highly proficient in Microsoft Excel, and TMS, FXAll, SAP and online payment platform knowledge is desirable.

Everyone's welcome

We are ambitious about the future of retail. We're disrupting, innovating and leading the industry into a more conscientious, inspiring digital era. We're transforming how we work together and offering our most exciting opportunities yet. Marks & Spencer strives to be an inclusive organisation, trusted and admired by our colleagues, customers and suppliers. Join us and make change happen.

We are committed to building diverse and representative teams, where everyone can bring their whole selves to work and be at their best. We support each other and work together to win together.

If you feel you'd benefit from any support or reasonable adjustments during any stage of the recruitment process, please don't hesitate to let us know when completing your application. This information will be picked up by our team, so we can try and put steps in place to help you be at your best through this process.