Treasury Manager, Eurostar
2-4 days a week in office ( Kings Cross, London)
High speed international train
Job no longer available
High speed international train
1001+ employees
Job no longer available
2-4 days a week in office ( Kings Cross, London)
1001+ employees
Company mission
To create an experience for their passengers that’s always truly exceptional.
Role
Who you are
- Internationally recognised professional accountancy qualification (Chartered Accountant or similar) and/or Associate Member of Corporate Treasurers (AMCT)
- Post-qualification experience in a corporate treasury function
- Experience with implementation, Administration, or frequent use of a Treasury Management System (TMS)
- Cash forecasting experience
- Good understanding of cash management best practice
- Proficiency in Excel
- Experience in management of banking KYC
- Experience with FX and Interest Rate Swap hedging
What the job involves
- An opportunity has arisen to join the Finance team as its Treasury Manager
- The Treasury and Insurance function manages Eurostar Group’s cash and financial risks, including foreign exchange risk, interest rate risk and treasury operational risks
- The priority is to ensure the Group has the liquidity required to manage day-to-day business obligations, whilst helping to achieve its long-term financial strategy and policies
- The function also ensures the insurance risk levels of Eurostar Group meet all regulatory, lender and Board requirements, working across all business functions and liaising with external specialists and brokers
- As the Treasury Manager, you will support Eurostar’s treasury team to develop and maintain the treasury systems, processes, reporting, cash management & forecast and risk management
- Be responsible for the daily bank and cash position reports. Reporting of investments, FX and other daily operational treasury reporting and recording all deals and information in the Treasury Management System (TMS)
- Manage placement of excess funds including money markets deposits and fixed term investments
- Support in managing financial risks (FX, interest rate, credit, liquidity) within agreed risk appetite and policies
- Prepare a short-term liquidity forecast, sourcing inputs from across Finance and the business
- Support with the implementation of a new TMS
- Be responsible for bank mandate management, management of payment systems and managing access rights to treasury systems (system administrator)
- Be responsible for all KYC requirements and any other routine bank queries or requests
- Support the maintenance of an efficient bank and bank account structure across the group
- Prepare treasury reports for internal stakeholders, the banking group, shareholders and other third parties
- Be responsible for raising and monitoring purchase orders (PO’s) for all Treasury & Insurance related invoices and ensuring invoices are settled on time
- Develop dashboard reporting for the CFO and Treasury Committee
- Manage internal and external audit workstreams
- Engage with the internal stakeholders to provide coherent, accurate Treasury advice
- Support the Head of Treasury with the annual Insurance renewal program
- Assist the Head of Treasury & Insurance in any other projects and adhoc work
Application process
- The recruitment process will consist of the following steps: a phone screening, a first-stage interview with the Hiring Manager and Talent Acquisition Partner on Teams, and a second-stage interview with the wider team at our offices in London
Salary benchmarks
Our take
Since 1994, Eurostar has been the only high speed train that travels directly between the UK, France, Belgium and the Netherlands using the Channel Tunnel. Capable of top speeds exceeding 180 miles per hour, the Eurostar carries thousands of passengers a day between western European capitals.
Recently Eurostar has faced difficulties, with trains running almost a third empty due to bottlenecks in stations, caused by the regulatory effects of Brexit and a shortage of station and border control staff. Eurostar has responded by consolidating its operations, discontinuing journeys to Ashford and Disneyland Paris to focus on its core offering.
Eurostar acquired Thalys in 2022, a train operator using the high-speed network between Paris and Brussels. The company has integrated the two companies' branding, and is uniting the booking systems and loyalty schemes to offer a single package to customers anywhere on the network. It is hoped that this will offset the recent slump in customer numbers and allow Eurostar to reach its goal of 30 million passengers by 2030, which a new carbon-neutral Amsterdam terminal will also aid in reaching.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
10% employee growth in 12 months
Company
Company benefits
- Eurostar Vouchers
- 75% London Underground discount
- European + National Rail Discount
- Incredible benefits for candidates working in the UK offices. This includes 33 days of leave (including bank holidays), final salary pension scheme and more!
Company HQ
London, UK
Leadership
Jacques Damas
(CEO)Was previously Executive Director at Groupe Keolis and SNCF. Before that was COO at Eurostar.
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