Tax & Treasury Manager at Energy People

Reporting Line: Finance Director
Grade/Level: Senior Manager 

Role Purpose

The Tax & Treasury Manager is responsible for providing strategic leadership, governance, and operational oversight for the Company’s tax, treasury, liquidity, and foreign exchange (FX) management activities.

The role ensures:

• Optimal FX risk management and currency exposure mitigation
• Strong liquidity and cash flow resilience in a volatile FX environment
• Full compliance with tax, treasury, and financial regulatory requirements
• Effective banking, FX counterparty, and regulatory relationships
• Alignment of treasury and tax strategy with the Company’s financial and business objectives

The role acts as a key advisor to the Finance Director and Executive Management on FX strategy, capital structure, tax risk, and financial risk management in a complex macro‑economic and regulatory environment.

Key Responsibilities

Foreign Exchange (FX) & Treasury Strategy (Primary Emphasis)

• Own and lead the end‑to‑end FX management framework, including identification, measurement, monitoring, and mitigation of FX exposures arising from: 
  • Imports and exports
  • Intercompany transactions
  • Foreign currency debt and funding
  • Capital expenditure and dividend flows.
• Develop and execute FX risk management strategies, including natural hedging, financial hedging, and balance sheet optimization.
• Define and enforce FX risk limits, policies, and governance frameworks in line with Group and local requirements.
• Oversee hedging strategies and execution, ensuring alignment with market conditions and internal risk appetite.
• Monitor FX markets, macro‑economic trends, and regulatory changes, proactively advising the Finance Director on implications and recommended actions.
• Ensure accurate FX forecasting, reporting, and stress testing to support business planning and decision‑making.
• Provide clear FX insights and recommendations to Executive Management and the Board as required.

iquidity, Cash & Working Capital Management

• Lead short‑, medium‑, and long‑term cash flow forecasting, ensuring accuracy, reliability, and alignment with business plans. 
• Ensure optimal liquidity positioning across bank accounts, currencies, and geographies.
• Drive working capital optimization initiatives to release cash and improve cash conversion cycles.
• Oversee funding strategies, including local and foreign currency borrowings, ensuring cost efficiency and compliance with covenants.
• Approve and monitor significant treasury transactions to ensure proper execution and control.

Banking & Financial Counterparty Management

• Own senior‑level relationship management with banks and financial institutions, including FX counterparties. 
• Lead negotiations on: 
  • FX pricing and spreads
  • Credit facilities and funding terms
  • Bank fees and service levels
• Ensure diversification of banking and FX counterparties to manage concentration risk.
• Act as the primary escalation point for complex or high‑risk treasury and FX matters.

Tax Strategy, Compliance & Risk Management

• Provide strategic leadership for direct and indirect tax management, ensuring optimization of the Company’s total tax position. 
• Ensure full compliance with: 
  • Corporate income tax
  • VAT, withholding tax, excise duties
  • Transfer pricing and intercompany tax requirements
• Lead relationships with tax authorities and regulators, including audits, disputes, and negotiations.
• Oversee tax risk assessments and ensure robust internal controls over tax processes.

Governance, Controls & Compliance

• Ensure strong internal controls over treasury, FX, and tax processes, including compliance with IFRS and internal financial policies. 
• Oversee treasury systems, payment platforms, and FX reporting tools to ensure accuracy, security, and audit readiness.
• Ensure compliance with: 
  • Local financial regulations
  • Central Bank and FX regulatory requirements
  • Group treasury and tax policies

Leadership & Team Management

• Provide strong people leadership to treasury and tax teams, including: 
  • Corporate Treasury
  • Treasury Operations
  • Tax Planning and Compliance 
• Set clear performance objectives, coach high‑potential talent, and build succession plans.
• Foster a culture of accountability, continuous improvement, and strong risk awareness.

Strategic Partnership & Advisory

• Act as a trusted finance partner to the Finance Director, ExCo, and business leaders.
• Provide financial risk, FX, and tax insights to support: 
  • Capital investments
  • Pricing decisions
  • Contract structuring
  • Business expansions and restructurings
• Support M&A, divestments, and major strategic initiatives from a treasury and tax perspective.

Key Interfaces

Internal

• Finance Director
• Executive Committee
• Business Unit Leaders
• Group / Regional Treasury and Tax Teams

External

• Banks and FX counterparties
• Tax authorities and regulators
• Auditors and financial advisors 

Qualifications & Experience

• Bachelor’s degree in Finance, Accounting, Economics, or related discipline
• Professional qualification (ACCA, ACA, CFA or equivalent) preferred 
• Minimum 8–12 years progressive experience in treasury and tax, with: 
  • Significant FX management experience in a volatile currency environment
  • At least 5 years in a senior management or leadership role
• Strong exposure to multinational or large, complex organizations

Core Competencies

• Advanced FX risk management and hedging expertise
• Strategic treasury leadership
• Strong commercial and financial acumen
• Regulatory and compliance mindset
• Executive‑level stakeholder management
• High integrity and risk awareness
• Analytical thinking and decision‑making under uncertainty