Director, Treasury (Assistant Treasurer)

Why we're hiring:

WPP is on a global transformation journey, and this is an opportunity to join and strengthen the US Treasury team's focus on efficient cash management and liquidity optimization.

What you'll be doing:

The Assistant Treasurer will play a key role in supporting the US Treasury team's core activity, with a primary focus on daily cash management, borrowing and investing, systems development and business partnering WPP’s Agencies.

This role will report to the US Treasurer with 2 direct FTE reports and 2 interns. Key responsibilities include:

Cash Management:

• Oversight of daily cash positioning and forecasting, ensuring accurate and timely reporting.
• Optimize cash flow, identifying opportunities to improve efficiency and reduce costs.
• Collaborate with other finance teams to improve cash flow forecasting and reporting.
• Administration of bank accounts, including opening, closing, cash pooling, and maintaining account documentation.
• Regulatory compliance, bank KYC, internal controls and support internal and external audit as required.

Corporate Finance Activities:

• Oversee daily cash management operations, ensuring adequate liquidity for WPP's US operations.
• Oversee short-term investment and borrowing activities, complying with Group Treasury policies.
• Oversee short-term funding including up to $1bn of commercial paper, short term credit lines and receivables finance lines.
• Support other corporate finance activities as needed, such as dividend payments and debt management.

Treasury Systems and Technology:

• Support the optimization and standardization of the global treasury management system (TMS) within the US and on Global deliverables overseen by the Treasury Steering Committee.
• Assist with the integration of treasury data and reporting into relevant financial systems.
• Collaborate with Finance, Finance+ (WPP shared services), and other relevant teams on treasury-related projects.
• Administration of banking portal and ensure compliance to Data and Technology audit requirements.

Business partnering

• Build deep relationship with CFOs, Finance and Commercial leaders across WPP’s Agencies and influence decisions.
• Develop and enhance relations with WPP’s relationship banks bringing their advice and expertise to bear as required for risk management or other purposes.
• Help the integration, development and reporting of this in the central treasury system, IT2 and in the recently formed Treasury Shared Services team in Bangalore.

Risk Management:

• Assist in identifying and mitigating financial risks related to treasury activities.
• Support the implementation and monitoring of FX hedging strategies, ensuring compliance with Group Treasury policy.
• Contribute to regular treasury risk and other reporting as required.

What you'll need:

Education:

• Bachelor's or master’s degree in finance, accounting, business, economics, or a related field are desirable.
• Professional certifications such as CTP (Certified Treasury Professional), CFA (Chartered Financial Analyst), CPA (Certified Public Accountant), or MBA (Master of Business Administration) are highly desirable.

Experience:

• Minimum 10 years of experience in a treasury or finance role within a multinational company in corporate finance or treasury roles such as Financial Analyst, Accountant, or Treasury Analyst.
• Knowledge of treasury management principles, including cash management, risk management, and corporate finance.
• Strong analytical, problem-solving, and communication skills.
• Proficiency in Microsoft Office suite, particularly Excel and PowerPoint.
• Experience in managing liquidity, financial analysis, and team leadership.

Nice to have:

• CFA, CTP or MBA or any relevant Accounting/Treasury or Risk related qualification.
• Experience with treasury management systems (IT2 a plus, Wells Fargo Vantage, Citibank Citi direct, JP Morgan Chase Access, Bank of America CashPro, HSBCnet, RBC Express).
• Experience in Power Platform (Power BI, Power Automate, Power App and Power Query)
• Experience in the media, advertising, or a related sector.

Who you are:

You’re open: We are inclusive and collaborative; we encourage the free exchange of ideas; we respect and celebrate diverse views. We are open-minded: to new ideas, new partnerships, new ways of working.

You’re optimistic: We believe in the power of creativity, technology and talent to create brighter futures or our people, our clients and our communities. We approach all that we do with confidence: to try the new and to seek the unexpected.

You’re extraordinary: we are stronger together: through collaboration we achieve the amazing. We are creative leaders and pioneers of our industry; we deliver extraordinary every day.

What we'll give you:

Passionate, driven people – We champion a culture of people that do extraordinary work.

Scale and opportunity – We offer the opportunity to create, influence and deliver projects at a scale that is unparalleled in the industry.

Challenging and stimulating work – Unique work and the opportunity to join a group of creative problem solvers. Are you up for the challenge?