Head of Cash Flow Forecasting

at  The Very Group

ABOUT US

We are The Very Group and we’re here to help families get more out of life. We know that our customers work hard for their families and have a lot to balance in their busy lives. That’s why we combine amazing brands and products with flexible payment options on Very.co.uk to help them say yes to the things they love. We’re just as passionate about helping our people get more out of life too; building careers with real growth, a sense of purpose, belonging and wellbeing.

We are recruiting for a Head of Cash Flow Forecasting who will be the key person in the understanding and articulation of the daily, weekly and monthly consolidated cash flows of the Group. A senior finance role within the Treasury department but also working closely with the Group Finance team to ensure latest cash flow projections are factored into the medium and longer term financial planning of the Group.

Key responsibilities:

• Business decision support to the Board, Executive and the Finance GLT on improving cash flow and maintaining sufficient liquidity.
• Reviewing and consolidating the business divisions’ cash flows to produce a rolling 12 months’ cash flow forecast.
• Work with all areas of the business that all emerging risks and opportunities are appropriately factored into the latest cash forecasts.
• Chairing multi-functional cash squad to ensure required activities are understood, tracked and delivered by the squad.
• Monitoring all banking covenants and providing options for compliance.
• Support commercial negotiations with suppliers specifically with regards to invoice payment timing and supplier payment terms.
• Weekly reporting to the Group Treasurer and Chief Finance Officer.