Treasury Manager

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Why we’re hiring:

The Global Treasury team at WPP is on a transformation journey, with a vision to further enhance the Treasury landscape with the use of technology, process efficiency and automation. This is an opportunity for an experienced Treasury Manager with international experience to join the team to support us in enhancing front office processes, leveraging our treasury management system for further efficiencies, integrating new platforms and automation to drive forward our vision and best‑in‑class ambitions.

Key responsibilities:

• Champion best‑in‑class cash management practices across regions.
• Identify and coordinate cash pool structure efficiencies.
• Maintain bank relationships and support RFP / rationalisation where necessary.
• Enforce Treasury Policy by proactive engagement with operating companies (OpCos) across regions, knowledge sharing and promoting best‑practice approach to FX risk management lead from HQ.
• Proactively challenge FX exposures and support P/L reporting and analysis.
• Adhoc trading support of front office – FX, SWAPS, MMF, MML, MMD and IRS.
• Drive surplus cash repatriation, dividend repatriation when able and inter‑co lending to centre.
• Lead accurate record keeping of the global dividend extraction initiative, deliverable to Treasury Committee.
• Address regional – specific challenges such as knowledge sharing / FX best practices and adoption of FX risk management policy.
• Lead engagement with operating entities, maintaining regular dialogue and guidance for further global cash management and banking efficiencies, especially in complex jurisdictions (e.g. MEA and LATAM) where local regulatory frameworks need consideration.

Bank Management:

• Manage pan‑regional bank relationships.
• Review daily cash management processes for best‑in‑class approach.
• Complete South Africa cash pool deployment to conclude central visibility reporting.
• Adhoc support of other regional treasury centres as and when necessary.
• Drive preferred core bank network for operational excellence – enhancing visibility, connectivity to the TMS, and automation opportunities to contribute positively drive interest savings.
• Address KYC, and OpCo compliance with Treasury Policy, providing regular engagement, training and guidance as treasury policies evolve.

Guarantees and Working Capital:

• Control issuance and line reporting and utilisation for trade related guarantee issuance (e.g. tender bonds / performance guarantees), prevalent in MEA region, support approvals in line with policy.
• Support central treasury enhancements, including the consideration of pan‑regional / global trade lines, as driven by Treasury and business needs.

Project Support:

• Assist with ongoing initiatives to deploy technology to improve treasury operations and cash visibility.
• Support Transformation agenda including in‑house bank (IHB) construct, script testing and go‑live.
• Support global treasury tasks such as annual and semi‑annual audit requirements and projects led by Auditor recommendation and operational excellence.

What you’ll need:

• Strong Treasury background in a corporate Treasury or similar (ACT or MCT qualifications an advantage).
• Proven track record and demonstrative experience within a larger corporate / listed organisation responsible for Front Office Treasury Management.
• Experience with TMS Provider ION, preferably IT2 and Swift.
• Subject‑matter expert in Treasury systems, Treasury connectivity landscape and optimisation of processes for today and the future.
• Prior experience with TMS implementations and/or upgrades.
• Strong interest in automation and process efficiency.
• Strong organisation, strategic thinking and interpersonal skills.
• Strong attention to detail and accuracy.
• Ability to manage multiple work streams and prioritise tasks effectively.
• Excellent communication skills for regular interaction with Regional Treasurers and their teams across UK, EMEA, USA, LATAM, and…