Apex Group UK | Treasury - Head of Funding - SVP

Key responsibilities

• This role is responsible for managing intragroup funding structures, overseeing dividend flows and intercompany recharges, ensuring technical hedge accounting compliance, and driving global cash forecasting accuracy.
• The individual will also ensure adherence to financial regulations, transfer pricing requirements, and support efficient capital deployment across the Group.
• Lead and optimise intragroup funding flows across the Group, ensuring efficient deployment of capital and alignment with legal, tax, and regulatory constraints.
• Lead oversight of group funding strategy, ensuring optimal use of internal and external funding channels.
• Monitor and actively manage liquidity positions across entities, regions, and currencies, ensuring adequate buffers.
• Identify funding mismatches and propose tactical and strategic solutions.
• Oversee dividend planning and execution to align with capital and tax strategies.
• Manage intercompany recharges for shared services and funding arrangements, ensuring compliance with group policies and local regulations.
• Collaborate with Tax and Finance teams to ensure recharges follow OECD transfer pricing rules and maintain proper documentation.
• Assess and manage the impact of funding strategies on local entity balance sheets, including capital structure, leverage, and liquidity positioning.
• Design and implement intragroup balance sheet currency hedging strategies to mitigate FX risk arising from funding and capital structures.
• Maintain a strong understanding of accounting implications of treasury instruments, ensuring appropriate treatment under IFRS/US GAAP and alignment with hedge accounting strategies.
• Own the Group’s liquidity framework, including definition and monitoring of minimum liquidity buffers across entities and regions.
• Perform regular liquidity stress testing and scenario analysis to assess resilience under adverse conditions and inform contingency funding plans.
• Provide clear analysis and recommendations to senior stakeholders on liquidity risk, funding capacity, and balance sheet optimisation.
• Own technical hedge accounting processes, including documentation, effectiveness testing, and reporting.
• Ensure compliance with IFRS/GAAP hedge accounting standards and interface effectively with external auditors.
• Monitor compliance with internal treasury policies and relevant financial regulations.
• Own Group’s liquidity forecasting framework; Lead the global cash forecasting process across the group, enhancing accuracy and visibility.
• Provide insights and scenario analysis to support funding decisions and risk management.
• Work closely with Group Tax to ensure intercompany transactions, funding, and recharges are consistent with global transfer pricing policies.
• Maintain governance frameworks and controls for intercompany funding and settlements.
• Support audit processes and resolve any intercompany disputes or reconciliation issues.
• Act as deputy to the Head of Front Office, providing cover for all market-facing treasury activities including funding execution, FX, and interest rate risk management.
• Support and, where required, lead execution of external funding transactions, including bank facilities, debt capital markets issuances, and refinancing activities.
• Execute FX and interest rate hedging transactions in line with Group risk management policies and approved strategies.
• Maintain strong relationships with banking partners and financial institutions, supporting negotiation of terms and optimisation of funding structures.

Requirements

• Working with FP&A team to understand cash impact on the plan and drive variance analysis and reporting for the Board.
• Proven leadership in funding, cash, and liquidity management.
• Strong understanding of hedge accounting standards (IFRS/US GAAP).
• Experience with intercompany funding and recharge structures, transfer pricing compliance, and global treasury operations.
• Excellent analytical, financial modelling, and forecasting skills.
• Clear communicator with the ability to influence senior stakeholders.
• Understanding of treasury systems, ERP platforms (Kyriba), and banking infrastructure.

Apex Group UK

Apex Group UK is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "We are your single source financial solution provider."

Its finance, accounts, audit and tax openings in India are mostly in London, Chelmsford and Reading.

• Industry: BFSI / Investments / Insurance