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Treasury Section Manager

Date: 08-Mar-2023

Location: Bracknell, GB

Company: Honda Motor Europe Ltd

At Honda we embrace inclusion in our various policies, so whilst our contracts state that the hours are as required to fulfil the role with a minimum of 35 hours per week, we offer flexibility for when you work.  The regular office hours are 08:00 – 16:00 Monday to Thursday with a half hour lunch break & 08:00 – 13:00 on a Friday.  However, we offer flexibility of when you work with our daily flex-time start of between 07:00 and 11:00 providing that there is no business requirement.

Whilst there is no contractual right to work from home, the flexibility we offer is that you can request to work from home for a maximum of 50% of the working days in any one month, again providing there is no business requirement to attend the office.



The Treasury Section Manager is responsible for defining, driving and implementing the overall strategy for Treasury and the associated Risk Management of Honda Finance Europe’s (HFE) borrowings of up to £1billion. A key element of the role is to develop and implement HFE’s funding plan that will be designed to meet daily and long term liquidity requirements, whilst minimising HFE’s funding costs and adhering to liquidity ratio control items.


You will ensure treasury systems, processes and procedures are operating effectively whilst ensuing effective Governance is delivered across the function. You will also be responsible for all Treasury related reporting providing funding strategies to the Treasury Committee for approval.  


You will also have direct line responsibility for managing Treasury Analyst Co-ordinator, and a Treasury undergraduate. You will work closely with the Finance department team.


Main Responsibilities: 
Refinancing and Liquidity Management
•    Manage the operational responsibilities for HFE’s funding portfolio including Loan facilities and Commercial Paper facilities approx £1 billion.
•    Monthly preparation and implementation of HFE’s medium to long term funding plan ensuring liquidity ratios are manage effectively whilst ensuring HFE costs are minimised.
•    Investigation and implementation of alternative funding methods as instructed by the Treasury Committee.
•    Plan and execute the refinancing of existing funding lines to ensure HFE has adequate funding at all times.
•    Implementation of alternative funding methods as instructed by the Treasury Committee.


Banking Relationships
•    Work closely with banks in order to maintain and build strong banking relationships. Hold regular meetings with existing or potential new banking partners to maintain or develop banking relationships;
•    Negotiate rates and terms with banking partners to minimise costs to HFE.


Risk Management
•    Management and reporting of all Treasury related Operational and Strategic risks.
•    Ensure adequate cover is available for all Cashiering and Treasury related activities. Manage the Treasury Function’s Business Continuity Plan (BCP) and test the plan as part of the wider BCP tests for the Bracknell site.
•    Management of HFE’s Interest Rate Risk and Foreign currency exposures, making recommendations to the Treasury Committee on how to effectively manage these risks. Implementation of risk strategies once approved by the Treasury Committee.


•    Bi-annual review of HFE’s Treasury Policy ensuring the policy is kept up to date and business controls (including bank mandates and systems user access) and processes reflect the agreed policy.
•    Perform an annual ‘Health Check’ of the Treasury function to ensure that best practice is being applied across the function. Manage and improve treasury processes and procedures to maximise efficiency of operations.
•    Supporting audits as and when required (including but not limited to SOx and year end).


Treasury Systems
•    Manage the treasury management systems ensuring all systems are operating effectively and dealing with the appropriate stakeholders when issues occur.
•    Manage the relationships with the Treasury Systems providers including (Wall Street Systems, and the Honda Information Service Department team.


Treasury Reporting
•    Preparation of periodic Treasury Reporting for Internal and External requirements including reporting to Honda Motors and to HFE’s banking partners.
•    Liaise with Honda Motors Treasury Office as and when required.
•    Preparation of presentations to the monthly HFE Treasury Committee and quarterly Honda Motor Europe Regional Operating Board.


People Management
•    Overseeing the management of daily cashiering activities.
•    Support the Treasury Analyst Co-ordinator. 

Qualifications, skills and experience required/desirable:
•    Significant experience in a Treasury Function and 
•    Understanding of Treasury markets & products;
•    Good communications skills and the ability to develop strong relationships with banking partners;
•    Ability to prioritise and provide evidence of a commitment to delivering results against targets and deadlines.


•    Ideally ACT qualified or working towards a Treasury Qualification (ACT)



Honda is dedicated to the principle of creating equal opportunities within the workplace for all associates, agency workers, contractors, job applicants and visitors.

Central to this is Honda's commitment to be a fair, discrimination free company that accepts the uniqueness and differences of people around the world and adheres to the principle that all people are created equal and we embrace inclusion with our various policies.  

This commitment comes directly from the Honda Philosophy and belief that we all work together for a common purpose. Honda recruits, hires, trains and promotes into all levels the most qualified/experienced individuals without regard to race, colour, origin, religion, gender, sexual orientation, age, disability or any other protected characteristic.

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