Treasury & Pensions Investment Manager

Working on behalf of a Local Authority, Aatom Recruitment has a new opportunity for a Treasury & Pensions Investment Manager on a 12 month contract with the possibility of further extension.

Main purpose of the role:

• Lead technical Treasury Management advisor to the client, managing the operation of the client’s cashflow, investments and borrowing strategy
• Managing the calculation, monitoring, and reporting of Prudential Indicators.
• Lead on the the financial closedown and external audit of the Treasury Management of the client and support the closedown of the client’s Pension Fund.
• Support the strategic and operational management and cashflow of client’s Pension Fund investments as required
• Lead on the production, review & development of the client’s Treasury Management Strategy and support the production, review & development of client’s Pension Fund Strategy and Policy documents such as the Fund’s Investment Strategy Statement, Funding Strategy Statement, Climate Change Risk Strategy, Stewardship Code and The Financial Climate Disclosures Report (TCFD).

Activities and responsibilities:

• To ensure that day to day treasury activities accord with the Treasury Policy Statement, Treasury Management Practices and Treasury Strategy, and to take such dealing actions as are necessary within agreed procedures, to maintain the Authority’s cash position
• To be the lead technical financial advisor for the client’s long- and short-term external borrowing strategy and the clients Investment strategy
• To be responsible for the preparation and closing of the final accounts for all related Treasury Management activities, in accordance with timetables and standards
• To be responsible for the formulation and reporting of the annual Treasury Management Strategy and required reporting as per the prudential indicators.
• Support the review and monitoring on a cyclical quarterly basis the performance of the Pension Fund Investment Managers and Custodians. This will include visiting / meeting Fund Managers to assess their performance.
• Support the review of the Investment Managers performance, to ensure investment returns are maximised in accordance with investment policies for all surplus cash funds.
• To maintain personal and professional development to meet the changing demands of the job, participate in appropriate training activities and encourage and support staff in their development and training.
• To undertake such other duties, training and/or hours of work as may be reasonably required and which are consistent with the general level of responsibility of this job.
• To undertake health and safety duties commensurate with the post and/or as detailed in the Directorate’s Health and Safety Policy.
• Support the administration of client’s Pension Fund Investment Portfolio and the production of the Pension Fund Annual Report and Accounts.
• Support on the Production of Portfolio monitoring statistics on the performance of the Fund’s external investment managers.
• Support the Completion of various Government and statistical returns relating to the Pension Fund.

Requirements:

• Ability to develop an understanding of borrowing and investment instruments and to be able to evaluate, recommend and implement the best value for money options for the client
• Ability to apply an understanding of the wider economy to the determination and implementation of the client’s treasury management strategy.
• Substantial Experience of managing, reporting on and challenging Investment Managers
• Substantial experience of working at a senior level within a Finance function and of budgeting and providing financial advice
• Significant proven expert ability in effective budget / financial management at a senior level.
• Expert knowledge in Investment and Reporting
• Expert knowledge in all legislative requirements, government guidance and best practice of the service.
• Highly developed expert skills and knowledge in accounting procedures and methodologies.
• The ability to provide effective and expert strategic financial advice which will influence policy decisions across a wide range of services within the client’s area.
• Is a qualified member of an accountancy body recognised by CCAB – level 7
• Demonstrates evidence of continuing professional development relating to the above
• A management qualification
• Experience of applying and ensuring compliance with accounting standards.

If this sounds good to you, please apply or contact Anisha for more information about the role.