Senior Manager, Treasury

WPP is the creative transformation company. We use the power of creativity to build better futures for our people, planet, clients, and communities.

Working at WPP means being part of a global network of more than 115,000 accomplished people in 110 countries. WPP has headquarters in New York, London and Singapore and a corporate presence in major markets worldwide.

We create transformative ideas and outcomes for our clients through an integrated offer of communications, experience, commerce, and technology.

WPP and our award-winning agencies work with most of the world's biggest companies and organisations – from Ford, Unilever and P&G to Google, HSBC, and the UN. Our clients include 61 of the FTSE 100, 307 of the Fortune Global 500, all 30 of the Dow Jones 30 and 62 of the NASDAQ 100. WPP are the leader in the Bloomberg Gender Equality Index and 20th in the FTSE 100 rankings for Women on Boards.

Why we're hiring:

WPP is on a global transformation journey, and this is an opportunity for a Treasury Manager to join the team to support with respect to front office operations and processes, treasury system efficiencies and ongoing centre of excellence targets driving our transformation.

 

What you'll be doing:

WPP is looking for an experienced Treasury Manager with a broad range of expertise to support Group Treasury. This role is uniquely balanced, focusing equally on Treasury front office activities, including trading and business partnering, and on Treasury systems (IT2).

This role would suit someone with extensive TMS implementation experience or a Systems manager in a comparable international treasury environment, with a specific interest in automation and efficiency of process, with controls and standardisation at the heart such TMS design.

The role also requires regular interaction with WPP’s Regional Treasurers, and their respective teams in UK, EMEA, USA, LATAM and APAC, leveraging knowledge in the ways of working with a centre of excellence lens to enhance current processes and optimise efficiency.

Key Responsibilities:

Treasury Systems (IT2):

• Help set up a new Systems operating model around the regional teams and shared services.
• Help develop a global roadmap for Treasury systems & automation.
• Set up an improved in-house bank model for FX trading for WPP’s agencies from central execution to valuation reports for accounting.
• Collaborate with the Treasury Shared Services team on developing new reporting from IT2 and ensuring all data is standardised.
• Support the transformation and change management tasks necessary to align the new Treasury policy and RACM with IT2.
• Support with the automation of FX & Interest rates. Knowledge of Bloomberg or similar is beneficial but not necessary.
• Drive the onboarding of additional banks to IT2, managing the requirements and processes involved.
• Focus on automation and efficiency of processes, with an emphasis on controls and standardisation in TMS design.

Treasury Front Office:

• Conduct trading activities (largely FX) and develop business partnerships with WPP’s agencies.
• Oversee and advise on cash pool management, funding, daily operational support and risk management for WPP’s Agencies.
• Support the UK Treasurer on deliverables e.g. HQ payments, FX and cash extraction monitoring and reporting.
• Lead banking RFPs to rationalise fragmented banking arrangements.
• Execute cash extraction and centralisation targets.
• Ensure compliance with Treasury Policy.

 

Who you'll be working with:

You will report into the UK Treasurer and work alongside other Regional Treasury Treasurers and a team of 30 located across the globe (7 countries) to optimise and drive the Treasury goals.

 

What you will need:

• Experience in corporate Treasury or similar, ACT or MCT qualifications an advantage.
• Demonstrated experience in operating within a large corporate organisation, responsible for FX and MM trading.
• Subject matter expertise in Treasury systems, IT2 and Swift connectivity.
• Experience with implementing and managing treasury systems.

 

Who you are:

You're open: We are inclusive and collaborative; we encourage the free exchange of ideas; we respect and celebrate diverse views. We are accepting: of new ideas, new partnerships, new ways of working.

You're optimistic: We believe in the power of creativity, technology and talent to create brighter futures or our people, our clients and our communities. We approach all that we do with conviction: to try the new and to seek the unexpected.

You're extraordinary: we are stronger together: through collaboration we achieve the amazing. We are creative leaders and pioneers of our industry; we provide extraordinary every day.

 

What we'll give you:

Passionate, inspired people – We promote a culture of people that do extraordinary work.

Scale and opportunity – We offer the opportunity to create, influence and complete projects at a scale that is unparalleled in the industry.

Challenging and stimulating work – Unique work and the opportunity to join a group of creative problem solvers. Are you up for the challenge?

WPP is an equal opportunity employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability. We believe in creating a dynamic work environment that values diversity and inclusion and strives to recruit a diverse slate of candidates to help us achieve that goal.

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