Lead - 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 100,000 talented people dedicated to doing extraordinary work for our clients. We operate in over 100 countries, with corporate headquarters in New York, London and Singapore.

WPP is a world leader in marketing services, with deep AI, data and technology capabilities, global presence and unrivalled creative talent. Our clients include many of the biggest companies and advertisers in the world, including approximately 300 of the Fortune Global 500.

Our people are the key to our success. We&aposre committed to fostering a culture of creativity, belonging and continuous learning, attracting and developing the brightest talent, and providing exciting career opportunities that help our people grow.

Why we&aposre hiring :

WPP is on a global transformation journey, and this is an opportunity to join and take the lead on the newly established Group Treasury shared service center (SSC).

What you&aposll be doing :

By part of the Treasury SSC you will supporting the Global Treasury team and its regional Treasurers across 110+ countries of operation.

You will take accountability for and standardizing existing work done in the regional Treasury functions ensuring detailed process documentation and SOX compliant controls are always in place to run those processes.

Driving best in class behaviors in your team and by business partnering with WPP finance and regional Treasury / Finance teams you will help to optimize the Group's cash flow, net interest P&L and support cash repatriation to WPP from operating units while minimizing risk and adding value through automation and ongoing continuous improvement of Treasury processes.

This role will report into the Treasury manager, key responsibilities are :

• Cash reporting of actuals – uploads for UK, EMEA, US, Canada and Latin America using swift enabled accounts where integrated, chasing non swift operating units to report, answering queries, checks on consolidated data, managing the related Treasury mailbox and producing monthly cash report for the Group Treasurer.
• Collaborate with finance and accounting teams to streamline workflows.
• Electronic Banking administration for Global treasury and then other markets including managing user access reviews, enablement of new account reporting or withdrawal of account closure and any other changes required Bank Mandate maintenance and support
• IT2 administration of static data – Ensure completeness and timely set up of all static data including but not limited to : SSI's, distribution lists for TMS generated reports, checking bank statements, Interco loan positions and general ledger postings
• Promote the use of IT2 Cash management – supporting UK / EMEA / US markets in IT2 automation, support collating and reviewing operating unit cash forecasts for UK, developing into other markets over time
• Identify opportunities for automation and process optimization in treasury functions.
• Develop Cash / FX / MtM reporting upon completion of integration to all trading channels to support periodic share of wallet analysis
• Payment processing for Treasury high value low volume payments for UK / US and growing into other regions.
• Support in projects of the TMS to introduce new functionality as appropriate and improve existing reporting as necessary

What you&aposll need :

Experience within a Treasury department or shared services of an international business.

Demonstrable experience of managing and taking accountability for activity, overseeing documentation, and training materials.

Treasury knowledge covering bank accounts, cash pooling structures, inter-company loans, derivatives such as FX forwards, swaps, NDFs and interest rate or cross currency swaps.

Cash management of a complex series of pooled and non-pooled bank accounts across a range of different currencies including international payments processing.

Strong analytical, problem-solving skills and communication skills, including excellent written and verbal capabilities. (PowerPoint and presentation skills considered as a plus.)

Continuous improvement mindset with focused on ongoing improvement, adaptability, and learning with incremental improvement.

Exposure to Treasury management systems (IT2 or ION products a plus).

Advanced level of technical proficiency and computer literacy (Word, Excel, PowerPoint, Microsoft Management)

Strong team player whilst being able to work independently and proactively.

Qualifications And Skills

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 open-minded : to 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 confidence : 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 deliver extraordinary every day.

What we&aposll give you :

Passionate, driven people – We champion a culture of people that do extraordinary work.

Scale and opportunity – We offer the opportunity to create, influence and deliver 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

We believe the best work happens when we&aposre together, fostering creativity, collaboration, and connection. That&aposs why we've adopted a hybrid approach, with teams in the office around four days a week. If you require accommodations or flexibility, please discuss this with the hiring team during the interview process.

WPP is an equal opportunity employer and considers applicants for all positions without discrimination or regard to particular characteristics. We are committed to fostering a culture of respect in which everyone feels they belong and has the same opportunities to progress in their careers.

Please read our Privacy Notice (https : / / www.wpp.com / en / careers / wpp-privacy-policy-for-recruitment) for more information on how we process the information you provide.

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Skills Required

Cash Management