Group Head of Treasury

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Overview

Would you like to help enrich the lives of learners around the world?

At RM, we've been pioneers of education technology since 1973. We provide technology and resources to the education sector, supporting over 10 million students worldwide. We work with over28,000 schools, nurseries, and education trusts in 115 countries to deliver customer-centric solutions that improve education outcomes.

What we do helps learners at all stages of their lives, from preschool to higher education and professional qualification; we partner with schools, examination boards, central governments and other professional institutions to enrich the lives of learners.

RM Group operates through three businesses: Technology (Managed Services, Software and Infrastructure for Schools), Assessment (Software and Services) and TTS (Educational Resources).

Visit us here to find out more: www.rm.com

We are an international company operating across multiple jurisdictions and sectors. With a complex multi-currency structure and substantial leverage, we require a strategic and experienced Group Head of Treasury to drive financial stability and growth. The role is integral to the management of our liquidity, currency risks, and debt obligations, ensuring compliance with banking covenants and maintaining strong relationships with financial institutions.

Responsibilities

Strategic Treasury Management:

- Develop and implement a robust treasury strategy aligned with the group's financial objectives.

- Manage liquidity to ensure the availability of funds to meet operational and strategic requirements. Including ownership of short mid and long term cashflow forecasting

- Lead the development and optimization of cash management systems and processes.

Debt and Banking Relationships:

- Oversee and negotiate financing arrangements, including refinancing exercises, to optimize the capital structure.

- Monitor and manage banking covenants to ensure compliance and avoid breaches.

- Build and maintain strong relationships with banks, financial institutions, and rating agencies.

Multi-Currency and Hedging Management:

- Monitor and manage foreign exchange exposures across the group.

- Design and implement effective hedging strategies to mitigate currency risk.

- Ensure compliance with regulatory requirements in multi-currency operations.

Risk and Compliance:

- Establish and monitor internal controls and policies related to treasury activities.

- Collaborate with legal and compliance teams to ensure adherence to local and international regulations.

- Prepare and present risk assessments and recommendations to the Board and Executive Team.

Team Leadership and Development:

- Build and lead a high-performing offshore treasury team, providing mentorship and fostering a culture of continuous improvement.

- Lead the drive to create a culture of commercial awareness and financial management across the company

- Act as a key advisor to the CFO and senior management on treasury-related matters.

Experience

Essential Experience:

- Proven experience in a senior treasury role within an international organization.

- Expertise in multi-currency operations and developing effective hedging strategies.

- Strong track record of managing banking relationships and executing refinancing exercises.

- Experience in monitoring and managing banking covenants in a leveraged business environment.

Skills and Attributes:

- Strong analytical and strategic thinking skills, with the ability to anticipate and manage financial risks.

- Excellent negotiation and relationship-building skills with external financial partners.

- Advanced understanding of financial instruments, market trends, and regulatory environments.

- Effective leadership and team management skills, with the ability to work collaboratively across geographies.

Qualifications:

- A degree in Finance, Economics, or a related field (Master's degree or professional qualification, such as CFA or ACT, is highly desirable).

- Demonstrable understanding of international financial regulations and practices.

What's in it for you?

At RM we have My Work Blend @RM which provides office-based colleagues with multi location and hybrid working options. As well as your office base, you can spend a proportion of your time working at other locations that suit your role and your life, including home, other offices, customer sites, distribution centres or on the move. We encourage you to discuss arrangements for this role with your potential line manager during the recruitment process.

As well as a competitive salary and our core benefits package which includes private medical healthcare, life assurance and a Group Personal Pension Plan with higher contribution levels available, some roles are also eligible for a performance-related bonus. There are lots of voluntary benefits too. You could buy additional annual leave, join our dental plan, sign up for a health assessment, or take part in our cycle to work scheme. You could even earn yourself an extra bonus for successfully recommending a friend or family member for a position within RM.

To better reflect the society that we serve, we're committed to building a diverse workforce and creating an inclusive and welcoming environment for all. To achieve this, we create teams of talented people from different backgrounds and experiences and strive to be a business where our people can bring their whole selves to work, we also want to make the recruitment process as inclusive as possible for everyone. Should you require additional support with your application or through the interview process, please contact us at recruitment@rm.com.

Unfortunately, we are unable to offer visa sponsorship for this role.