Treasury Manager
Job Title – Treasury Manager
Location – Dublin
Hybrid - 2 days per week in Dublin Office
Permanent
About CFO
Flutter consists of two commercial divisions (FanDuel and International) and our central Flutter Functions; COO, Finance & Legal. Here in Flutter Functions we work with colleagues across all our divisions and regions to deliver something we call the Flutter Edge. It's our competitive advantage, our 'secret sauce' which plays a key part in our ongoing success and powers our brands and divisions, through Product, Tech, Expertise and Scale.
In Flutter Finance we pride ourselves in providing global expertise to ensure Flutter is financially healthy. Utilising our Flutter Edge to turbo-charge our capabilities.
Flutter Treasury has made significant progress with an ongoing treasury transformation project, enhancing treasury systems and improving underlying banking infrastructure. The in-house bank is based on a liquidity structure with virtual accounts and Flutter treasury is leveraging this infrastructure to further centralise treasury cash management. This transformation project is part of Flutter Treasury's journey of continual improvement to be best-in-class treasury for a Fortune 500 organisation.
Subsequent to this programme, a wider Group Finance initiative commenced in 2024 ('Project Polaris'), which involves transformation of the full Group Finance function (including Treasury) by the end of 2027, with a group wide Oracle cloud implementation, and objectives to achieve a faster close and centralise and streamline finance processes.
What you'll do:
* Managing and mentoring a Treasury Analyst. Help foster a collaborative and supportive team environment, contributing to the professional growth of team members.
* Contribute to the building and nurturing of a strong culture within the Treasury function by demonstrating high energy, enthusiasm, and positive outlook.
* Participate in defining the Reporting, Operations & Controllership roadmap and priorities for the next two years, ensuring alignment with the Strategic Plan and Project Polaris objectives.
How you'll do it:
* Lead the delivery of daily, weekly, monthly and quarterly treasury reporting and KPIs for internal and external stakeholders, including Board-level reporting.
* Own and manage the Group's direct cash flow forecasting process, with a focus on divisional consolidation, cross-functional collaboration, data automation and continuous improvement of TMS modelling, including presentation of insights and outcomes to the Group Treasurer and Deputy Group Treasurer.
* Partner with Group Finance and the FP&A team to ensure alignment between treasury cash flow forecasts and the Group's budget, plan and long-term forecasts.
* Lead treasury Balance Sheet analysis, in collaboration with Accounting teams, driving process improvements and strengthening controls within a SOX environment.
* Ensure all treasury transactions are accurately recorded in the Group's ERP system through close partnership with Accounting teams.
* Build and enhance the treasury control environment to ensure treasury transactions are executed, reviewed and approved in line with Group Treasury policy, approved limits and SOX control standards.
* Monitor counterparty credit limits across the Group, investigating limit breaches and coordinating escalation and remediation actions where required.
* Work closely with the Risk Management team to ensure daily funding requirements are met across the Group, including oversight and administration of RCF drawdown and paydown activity.
* Partner with divisional teams, Group Tax and Group Intercompany to ensure adequate funding is maintained and surplus funds are identified and repatriated efficiently and on a timely basis.
* Deliver license and regulatory treasury reporting, ensuring accuracy, completeness and timely submission.
* Support the Group's debt covenant compliance process, including analysis, monitoring and coordination with key stakeholders.
* Oversee interest reconciliation for client funds, ensuring balances are accurate, supported and appropriately reported.
* Act as a primary Treasury point of contact for audit queries, coordinating responses and supporting internal and external audit reviews.
* Maintain and regularly update treasury policies, procedures and documentation to ensure SOX compliance and audit readiness.
* Devise and lead projects to enhance the efficiency of Treasury operations across the Group, including in-house bank enhancements and the centralisation of treasury activities, in partnership with the Senior Manager.
* Support the delivery of core Treasury Operations activities across the team, providing cover where required to ensure continuity of service.
* Provide hands-on support for key operational processes as needed, including settlements, deal confirmations, reconciliations across TMS and ERP, and intercompany loan administration.
* Support quarterly debt servicing activities and retail banking initiatives in partnership with Tax, Group Finance and Retail teams.
* Stay current with treasury best practice.
What attributes will you need to succeed:
* At least 5-7 years of relevant Treasury operations experience.
* Ability to build good networks and relationships
* Excellent verbal and written communication, and ability to convey ideas in both technical and user-friendly language.
* Flexible, enjoying a frequently changing environment with a positive attitude and desire to constantly improve.
* Proactivity and innovation – highly self-motivated and directed.
* Strong time management, organisational and multi-tasking skills.
* High level of attention to detail.
What's in it for you
We are a flexible employer; whether you have personal commitments or a hobby that brings you joy, we want you to bring your best self to work and feel empowered to do so. We also like to share our success; after all you make it happen. We have an excellent benefits package that can be personalised to you:
* Bonus scheme
* Uncapped holiday allowance
* Enhanced pension scheme
* Private healthcare
* Life assurance
* Income protection
* Hybrid working
* €1,000 annual self-development learning fund
* Invest via the Flutter Sharesave Scheme
* Paid volunteering days
* Enhanced parental leave
* Wellbeing fund (£/€250 a year)
* Recognition programs
* Gym membership, discounts, vouchers and much more
About Flutter
We are a world leader in online sports betting and iGaming, with a market leading position in the US and across the world.
We have an unparalleled portfolio of the most innovative, diverse and distinctive brands including FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, Snai, tombola, Betfair, MaxBet, Junglee Games, NSX and Adjarabet.
With our global scale and challenger attitude, through which we excite and entertain our customers, in a safe and sustainable way. Using our collective power, the Flutter Edge, we aim to disrupt the sector, learning from the past to create a better future for our customers, colleagues and communities.
We're working to be an inclusive employer, and we encourage people from all backgrounds, ways of thinking and working to apply. Everyone brings different perspectives and experiences; you don't have to meet all the requirements listed to apply for this role.
If you need any adjustments to make this role work for you let us know, and we'll see how we can accommodate them.