Treasury Manager
Treasury Manager
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Job Description
About Low Carbon
Low Carbon is a purposedriven company that creates largescale renewable energy in the global fight against climate change. Our mission is to protect the planet for future generations while delivering positive returns for our communities and investors. Our goal is to produce as much new renewable energy as possible while limiting our own environmental impact. We do this by developing investing in and operating largescale renewable energy projects across the globe.
Our people and culture are really important to us. We are friendly approachable and professional. We value enthusiasm entrepreneurialism clear communication and drive. This combined with our purpose and passion for climate change is why our colleagues recommend Low Carbon as a great place to work.
Role Description
We are seeking a highly organised and detailoriented individual to join our team as a Treasury Manager. In this role you will be responsible for managing the day to day Treasury responsibilities including: debt facility compliance ensuring timely submission and review of reports to lenders overseeing debt drawdowns managing interest and foreign exchange hedges associated with the debt forecasting debt drawdowns monitoring the usage of drawdowns cash forecasting cash management and reporting. The Treasury Manager will also be the point of contact with the lenders Agent
The Treasury Manager plays a crucial role in maintaining the financial stability and regulatory compliance of our organisations debt portfolio which primarily consists of construction capital for renewable energy projects in the UK Europe and North America.
Key Responsibilities
Debt Facility Compliance
- Monitor and ensure compliance with all debt facility covenants terms and conditions
- Collaborate with internal stakeholders including finance legal to gather necessary information for compliance reporting
- Maintain a comprehensive Debt report calendar and action with relevant stakeholders
Reporting and Documentation
- Prepare and submit accurate and timely reports to lenders including financial statements covenant compliance certificates and other required documentation
- Review and analyse financial data to ensure accuracy and consistency in reporting
- Maintain comprehensive documentation related to debt compliance activities
- Update the financial models for the lenders for the calculation of financial covenants for the preparation of compliance certificates
Debt Drawdown Management Forecasting and Monitoring
- Coordinate and manage debt drawdown activities including preparing drawdown notices coordinating with internal stakeholders and ensuring compliance with drawdown procedures
- Monitor and forecast cash flow requirements to optimize debt drawdowns
- Monitor the usage of drawdowns track debt balances and provide regular reports on debt positions and trends
- Identify potential risks or issues related to debt drawdowns and propose appropriate mitigation strategies
Interest and Foreign Exchange Hedge Management
- Manage current interest rate and foreign exchange hedging including monitoring open hedges and settlement dates
- Monitor and evaluate the effectiveness of existing hedges and recommend adjustments as necessary to the accounting team
- Assist with setting up and executing new hedges when required
Skills & Experience
- Qualified Accountant ACA / ACCA / CIMA
- Demonstrable experience in working with different debt facilities within a Group Structure organisation
- Experience collaborating with Investment and Finance teams on debt compliance
- Strong influencing and communication skills comfortable presenting to senior management
- Strong interpersonal skills to manage interaction with lenders Agent
- Excellent Excel & strong PowerPoint skills
- Demonstrable relevant experience particularly in Debt Monitoring
Our Compensation & Benefits
- 26 days holiday plus your birthday off (with option to buy a further 5 days)
- Discretionary Bonus
- Bupa Health Check & Private Healthcare for you and your family (medical history disregarded)
- Contributory Pension
- Cycle scheme
- Season Ticket Loan
- Pluxee for commercial discounts and perks
- 3 additional days for volunteering to support causes of your choice
- Annual credit towards short notice childcare eldercare and pet care via Bubble
- Hybrid working model (minimum 3 days a week in office)
Required Experience:
Manager
Employment Type
Full Time
