We are delighted to be working with CRC Evans in Edinburgh to appoint a Treasury Manager / Senior Treasury Analyst
About CRC Evans
CRC Evans is a private equity owned oil & gas services company, recognised globally for first-class welding and coating services, technologies, and integrated solutions. The company has an unparalleled reputation for excellence that has been gained over 90 years, as a result of an outstanding track record of successful project delivery. With an experienced global team, CRC Evans supports the safe, reliable, and efficient delivery of energy and wider infrastructure projects around the world.
Reflecting the scale and reach of today’s energy and infrastructure projects, CRC Evans has a network of strategically located centres, allowing quick and efficient mobilisation, along with local delivery to the highest international standards. The company operates in the UK, Europe, North and South America, Africa and Asia.
Renewable Energy
Focused on contributing to the drive to achieve net zero goals, CRC Evans is building capabilities, capacities and developing required technology and procedures to answer to the worldwide fixed and floating wind sector. Welding and coating services are being applied across the offshore wind sector for final assembly of modules. The fabrication of both fixed and floating foundations on an industrial scale is a significant technical and logistical challenge where effective and efficient welding is a key requirement. By driving the evolution in welding technology CRC Evans can improve speed and consistency, supported by enhanced processing and procedures. Deployment across local fabrication yards will provide developers with greater flexibility and assurance over their procurement options and scheduling.
CRC Evans is also working to provide pioneering pipeline solutions to support the growth of hydrogen as a low-carbon energy source and is well placed to support customers during early stage planning for Carbon Capture and Storage projects.
The Opportunity
Following significant investment from PE owners, Blue Water, to support acquisitions and growth and a diversification into renewable energy, CRC Evans has recently opened an office in Edinburgh on Melville Street to create a global headquarters. Following the recent appointment of a Head of Group Treasury, an opportunity has arisen for a Treasury professional to join the team and support the evolution of the Treasury function.
The Role
This role works closely with the Head of Group Treasury to ensure best practice is achieved with daily treasury operations, tactical management of global cash banking and liquidity facilities along with the provision of business-critical banking and financial services and risk advice across the Company.
A key element of this role will be the ability to engage with and build successful working relationships across the business along with supporting the Head of Group Treasury with management of key external banking relationships, treasury service and system vendors.
The below is not an exhaustive list of duties and you will be expected to perform different tasks as necessitated by your changing role within the organisation and the overall business objectives of the organisation.
Specific Responsibilities:
Liquidity & Working Capital Management
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Work closely with the Finance team to understand weekly, monthly cashflow funding requirements to assist Treasury meet and anticipate ongoing intercompany lending / liquidity funding needs
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Ensure efficient and timely day-to-day cash management, repatriating and transferring balances to ensure group funding requirements are met and anticipated in advance
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Support the development and ongoing process efficiency with Finance operations to deliver transactions required to meet funding of payables across multi-currency accounts
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Prepare Group 13 Week Cash flow forecast for review and supporting the setting of weekly funding decisions determined by the Head of Group Treasury in consultation with the CFO and divisional Finance Managers
Transaction Banking Systems & Controls / Treasury Operations
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Commercial Banking activities:
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Online transaction banking platforms administration monitoring
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Facilitate user access, profile and entitlements across transaction banking platforms
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Facilitate opening / closing of bank accounts.
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Manage bank queries, supporting the business to ‘self-service’ and provide a point of contact for escalation, direction where required with respect to transactional banking requirements
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Ensure compliance with regulatory requirements, such as KYC and AML, when undertaking duties across banking platforms
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Quarterly Review of bank charges
Support the Finance team with commercial banking, P2P and Integration projects
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Loan Management, supporting Group Finance with Intercompany Loan reconciliations and ensuring Loan Register and Loan Agreement reporting requirements are met and maintained
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Partner with Divisional Finance teams and other cross-functional teams to deliver process improvements and wider project initiatives where treasury operations are integrated
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Support the Finance team in building up the Treasury Operations functions to support the growth of CRC Evans, including the impact assessment of the new business proposals impacting Treasury
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Understand the flow of data from back-office Treasury systems through to the General Ledger, and the effects of the cash flows on Liquidity
Treasury Reporting
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Support the Head of Group Treasury with preparation of monthly and quarterly Treasury Reporting pack for internal and external stakeholder groups, including Board, Group Exec, banking and financing stakeholders.
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Support the Head of Group Treasury and CFO with maintenance of Group Bank Mandates and associated compliance and ad hoc reporting
Financial Governance & Compliance
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Operate bank accounts in accordance with Treasury Policies and SOMA
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Work closely with and support the Head of Group Treasury to ensure governance and compliance with controls and authorities determined for the Treasury and Finance teams across all banking platforms
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Provide support to maintain and deliver compliance and reporting requirements relating to banking operations such as KYC, AML.
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Support the Head of Group Treasury to ensure Treasury Policies and procedures remain relevant and in line with ‘best for business’ practice, while embedding a culture of continuous improvement
The Candidate – Experience and Knowledge:
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Qualified Treasury professional (AMCT) or Accountant (CA / ACA / ACCA / CIMA) or “qualified by experience”
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Proven “hands on” experience in a Treasury role, ideally within an International Group
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Significant experience with cash-flow forecasting
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Excellent Excel skills
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Experience of global transaction banking systems
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Strong systems experience (ideally SAP, although this is not essential)
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Experience of working in pressurised situations, able to demonstrate adaptability to changing priorities
The Package
Salary: £55,000 – £75,000 depending on experience
Pension: 4% employer: 5% employee
Bonus: Discretionary, to 15%
Holiday: 25 plus public holidays (33 in total which includes 4 fixed)
Parking: Free
Professional Subscriptions: One annual subscription per year can be expensed
Life Assurance: 4 x base salary
Private Medical Insurance: BUPA. Family members can be added at discounted rates.
Hybrid working: Policy of 3:2 with flexibility
To Apply or find out more:
To discuss in confidence, please contact retained advisor Amy Peoples – 07399 980 038, or [email protected].
Please note that all third party applications will be passed to us for inclusion in our process.
