Financial Accountant - Treasury & Cash Management

The Role and the Department

The Financial Accountant (Treasury & Cash Management) is part of the Financial Accounting team which incorporates Treasury/ Cash Management, Financial Reporting, External Audit, Balance Sheet ownership and provides technical financial guidance to the institution. The Financial Accountant (Treasury & Cash Management) is a key role within the team and reports to the Senior Financial Accounting Manager.

The role is responsible for the efficient management of the University’s cash, short term investments and treasury operations. The postholder ensures robust financial controls around cashflow, oversees the Cash Management team, and provides accurate short term cashflow forecasting, planning and modelling to support strategic financial decision making. The role is key to maintaining liquidity, safeguarding assets, optimising investment returns within risk appetite and ensuring compliance with financial regulations along with the internal Treasury Management Policy and associated policies.

The Financial Accountant will lead a team of 4 with 1 direct report and ensure the day-to-day cash management operations take place efficiently and effectively to meet current service levels, including oversight and review of complex balance sheet reconciliations. The role will include identifying improvements and optimisation in Oracle Fusion and working cross functionally to drive efficiencies and collaboration through a programme of continuous improvements.

The role offers hybrid working with a minimum of 40% office based per week however may increase to meet business needs, eg month end, audit etc.

The base location for this role is Boldon House, our exciting new professional services hub. Boldon House is situated on the outskirts of Durham near the Arnison Centre in Pity Me. Boldon House brings a number of professional services teams together in a vibrant office environment which supports collaborative working and is designed to embrace hybrid working. To find out more, visit the project webpage: Boldon House – Durham University.

Further information about the role and the responsibilities is at the bottom of this job description.