Treasury Director

A role at the centre of the Group's global Treasury operation, managing the team to deliver a best-in-class Treasury function.

Responsible for all aspects of Treasury operations, including cash management, treasury reporting, controls and related accounting transactions, debt servicing and management, managing relationships with banks and other external parties and monitoring compliance with the Company's Credit Agreement

Managing a matrix team of five, the role brings the opportunity to lead the team, be accountable for decisions, provide thought-leadership around objectives and drive positive and transformational change and progression in the Treasury function. The successful candidate will also be central to a refinancing process anticipated for 2025.

Reporting directly to our VP FP&A and Treasury, the successful candidate will work closely with the Finance Leadership Team, including Deputy CFO and CFO, together with internal customers in other parts of the Organization., The successful candidate will have responsibility for managing the day-to-day Treasury operations, as well as leading on strategic projects and Treasury-related thought leadership. Specific responsibilities will include:

• Overseeing cash management process, driving best practice in working capital and cash management both at group and business level


• Managing relationships with banking partners including overseeing fulfilment of KYC obligations, mandate updates and bank account management


• Monitoring and ensuring compliance with the Company's Credit Agreement and all associated obligations, covenants and disclosure requirements


• Manage and oversight of risk relating to liquidity, FX and interest rate exposures including a deep understanding of the key exposures, as well as development, execution and monitoring of appropriate hedging / mitigation strategies


• Managing relationships and working with various external stakeholders including rating agencies, lawyers and debt advisers


• Servicing and hedging of debt and supporting future debt issuances and refinancing processes


• Oversight of daily cash reporting, delivery and development of regular treasury related reporting


• Liquidity management, including responsibility for the Company's rolling 17-week cash flow forecast


• Oversight of monthly accounting transactions processed by Treasury together with quarterly reporting disclosures for inclusion in the financial statements, including driving efficiencies in the month end close process


• Ensuring treasury operations comply with legal, tax and covenant requirements in a complex global business


• Development of new Treasury policies and ensuring group wide compliance with all policies and procedures, including recommending


• Appropriate investing decisions and products in line with the delegation of authority, on all non-immediately usable cash


• Ownership and development of risk and control matrices for appropriateness and effectiveness, including driving compliance within the team


• Exploring use of external providers and new innovative products to drive a next generation Treasury function


• Provide support from a Treasury perspective on M&A / Corporate finance activities
  
  Qualified to degree level or equivalent required


• Recognised professional qualification such as ACA / ACCA / ICAS, ACT, CPA or similar required


• More than 10 years' experience of treasury in a global and complex business, covering all operational aspects of treasury


• Proven organisational and team management skills


• Very comfortable working autonomously and confident dealing with senior executives


• Considered a valued contributor to strategic discussions with ability to provide thought leadership for the treasury function


• Experience of working with cross functional project teams involved in acquisitions, tax restructurings or similar projects


• Ability to make decisions under pressure in a fast-moving environment


• Flexible, responsible and agile with the ability to adjust working style when demands change due to corporate transactions or similar.


Our ambition is to hire for potential not just experience, and you're likely to succeed if you:

• Are always ready to give it your all and deliver high quality work


• Are excited to use your creativity and innovative thinking to try new things


• Take responsibility and own your work, and for the broader Treasury team


• Are courageous and ambitious to challenge what's been done before
  
  Travelport is a place of opportunity. It's our incredible team that makes our company great - our people drive our winning culture.


What is Travelport?

Travelport is a worldwide travel retail platform that provides easy ways for businesses like airlines, hotels, and car rental companies to connect through personalized content to agencies and travelers. The world is changing, and our industry must change with it. We're leading the change; we are the change.

We are on a mission to power the future of travel.

Come and be part of an organization that is committed to building a culture of inclusivity built upon a diverse workforce that is reflective of the communities in which we operate.

Competitive base salary and comprehensive benefits package including a very generous holiday allowance.