About Alvarez & Marsal
Alvarez & Marsal (A&M) is a global consulting firm with entrepreneurial, action and results-oriented professionals. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.
The Team
The Treasury team plays a key role in developing and implementing the firm’s treasury strategy and managing financial risk across the region. The team is responsible for the day-to-day management of all bank accounts across Europe, the Middle East, and the Caribbean.
We are seeking an experienced Senior/Deputy Treasury Manager to support the ongoing development of the treasury function, including updating bank mandates, developing processes, and supporting the firm’s expansion into new jurisdictions.
You will work closely with the Head of Treasury to support the business’s short- and long-term funding requirements and ensure treasury operations effectively support business growth.
This role sits within our finance team of 85 people at the European Head Office in London, reporting to the Head of Treasury and working alongside another Treasury Manager and four Treasury Assistants. The successful candidate will have a number of years of demonstrable experience of leading and managing a Treasury team.
How you will contribute
Banking & Account Management
- Lead the opening and closure of bank accounts across EMEA, including in complex jurisdictions. A good understanding of company structure is essential to ensure the forms are completed accurately.
- Oversee KYC and bank due‑diligence processes for all EMEA accounts, acting as the primary liaison between internal stakeholders and banking partners.
- Updating bank mandates with support from the Treasury Assistants; prior experience with bank mandate requirements and board resolution processes is essential.
- Represent Treasury in Global Expansion Project meetings, ensuring all Treasury deliverables for new entity setup are delivered on time.
Corporate Treasury & Funding
- Prepare and coordinate documentation to onboard new entities into notional cash pool structures.
- Arrange share capital payments for newly incorporated entities, including arranging of payment direction letters when required.
- Work with tax and legal teams to arrange intercompany funding (intercompany loan agreements, share capital injections, or supplementary contributions), ensure that the relevant signed documentation is in place, and, where applicable, that interest is calculated correctly and recorded in the accounting system.
- Negotiate competitive terms for banking services, fees, and new account setups.
- Arrange new guarantee lines and manage increases to existing facilities as required.
Liquidity, Risk & Reporting
- Produce timely treasury reporting for senior leadership including liquidity positions, exposures, counterparty risk and investment performance.
- Ensure all client funds are safeguarded and managed in line with regulatory obligations.
Treasury Strategy & Governance
- Support development, review, and roll‑out of Treasury Policy and associated governance frameworks.
- Lead and contribute to strategic projects such as system upgrades, bank connectivity enhancements, automation initiatives, and process optimisation.
- Stay informed of industry trends and regulatory changes, advising senior stakeholders on potential impacts and recommended actions.
- Attend bank meetings and industry forums to support relationship management and maintain awareness of new products and services.
Stakeholder & Compliance Support
- Respond to information requests from auditors, external accountants, and internal teams across the UK and Europe to support statutory reporting and compliance.
- Provide ongoing support to the Head of Treasury on ad hoc treasury initiatives, strategic workstreams, and operational duties.
Qualifications
- Proven experience in a Senior / Deputy treasury role within a large, international organisation (FTSE 250 / FTSE 100 or equivalent).
- Significant experience of leading and managing a team, with the ability to mentor and develop talent within the treasury function.
- Strong technical knowledge of cash management, treasury controls, liquidity forecasting, and reporting.
- Experience with notional cash pooling arrangements.
- Awareness of tax implications of cross-border transactions and intercompany funding.
- Advanced Excel skills, with experience managing and analysing large datasets.
- Exceptional organisational skills with the ability to work under pressure, prioritise effectively, and meet tight deadlines.
- Strong process‑documentation capability and a track record of driving operational improvements.
- Excellent communication and stakeholder‑management skills, with confidence engaging senior leaders and external partners.
- Good understanding of general ledger accounting, accounting or treasury qualification desirable.
Your journey at A&M
We recognise that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.
We prioritise your well being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favourite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals
At Alvarez & Marsal, our core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity guide everything we do, shaping a culture rooted in entrepreneurship, impact, and integrity. We trust our people to take ownership early, contribute to meaningful challenges, and drive results that matter. We empower growth and champion diverse perspectives. Above all, we value doing the right thing. For those ready to roll up their sleeves, lead with integrity, and be difference makers, this is where it starts.
It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here.
Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.
