
Flutter
jobsnear.net
Group Treasury Assistant Manager – Reporting, Operations & Controllership
About Flutter Entertainment:
Flutter Entertainment is the world’s leading online sports betting and gaming company with a market capitlisation of c. $37bn operating some of the most innovative, diverse and distinctive brands in the sector.
A constituent of both the London FTSE 100 and New York Stock Exchange , Flutter brings entertainment to life for over 20 million customers in a safe, responsible and sustainable way.
We call this the Flutter Edge – the combined power of our talented people, market-leading products, smart technology and the financial capital to succeed.
Operating in 20+ regulated markets , through our Positive Impact Plan , we are committed to making a positive contribution for our customers, colleagues, communities and the planet that we play on.
The Group uses a divisional management and operating structure across its companies: each division has an empowered management team, which is responsible for maintaining momentum and growth in its respective markets.
On 14th May 2024, it was announced that Flutter would be moving its primary listing from the UK to the US, and its global operational headquarters from Dublin to New York (effective 31st May 2024).
Role purpose:
This role reports to the Group Treasury Senior Manager of Reporting, Operations & Controllership, and is responsible for managing Treasury operations while collaborating with the broader Treasury team on the Group’s central Treasury activities. The role has a strong emphasis on enhancing Treasury operations and improving processes, with a significant focus on project work aimed at driving operational efficiencies.
Flutter Treasury has made significant progress with an ongoing treasury transformation project, which has included the implementation of an in-house bank, enhancing treasury systems and improving the group’s underlying banking infrastructure. The group’s 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 and operations across the group. 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.
The role will require substantial experience in Treasury operations, reporting, and project management. The role holder will require excellent technical skills, along with proven interpersonal, communication, and networking abilities. Experience in corporate Treasury within a large multinational company is essential.
Flutter has an international presence, with the treasury team located in Dublin, Isle of Man, Leeds and London, with the majority of the treasury team being Dublin based.
Accountabilities:
Prioritisation, Collaboration & Management:
- Managing and mentoring 1 Treasury analyst. Help foster a collaborative and supportive team environment, contributing to the professional growth of team members.
- Assist with building and nurturing a culture within the Group Treasury function of 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 Group Strategic Plan and Project Polaris objectives.
Treasury Operations
- Oversee daily settlements, deal confirmations, and resolution of queries for all Treasury transactions.
- Conduct daily reconciliations to ensure accurate capture of all transactions in the Group’s Treasury Management System (TMS) and Enterprise Resource Planning (ERP) system.
- Assist in managing intercompany loans and maintaining related documentation.
- Coordinate the Group’s quarterly debt servicing process in collaboration with Tax and Group Finance teams.
- Support retail operations by addressing banking-related projects and resolving banking issues.
- Collaborate with Risk, Systems, and Compliance Teams on Treasury transformation, automation, and continuous process improvement initiatives.
- Maintain robust policies, controls, risk assessment, and governance processes to ensure regulatory compliance and mitigate financial and operational risks, supporting both internal and external audits as necessary.
- Work collaboratively with finance teams, other divisions within the Group, and banking partners.
- Enhance the Treasury control environment to meet Sarbanes-Oxley (SOX) compliance standards.
- Assist Accounting Teams in ensuring all transactions are accurately recorded in the Group’s ERP system.
Treasury Reporting & Controllership
- Lead the production of comprehensive Treasury reports and Key Performance Indicators (KPIs) for various internal and external stakeholders, including reporting for Board-level review.
- Collaborate closely with divisional teams to ensure strict adherence to the Group Treasury policy across all divisions.
- Maintain and regularly update procedural documentation to ensure it is current and compliant with Sarbanes-Oxley (SOX) requirements.
Projects
- Devise and lead projects aimed at enhancing the efficiency of Treasury operations across the Group, including implementing an in-house bank and centralising Treasury functions from other divisions, in collaboration with the Group Treasury Senior Manager.
Competencies:
- Drives results and efficiencies
- Collaborates
- Plans and aligns
- Cultivates innovation
- Manages complexity
Key Requirements/Experience:
- At least 5-7 years of relevant Treasury operations experience.
- Ability to build good networks and relationships with internal and external parties.
- 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.
- Part or Qualified accountant advantageous.
- Exposure to the gaming industry, directly or via a bank, extremely advantageous.
Join us at Flutter and be part of a world-class company that is constantly pushing boundaries in the gaming and betting industry. We offer a competitive salary, comprehensive benefits package, and opportunities for professional growth and development.
Flutter is an equal opportunity employer. We are committed to creating a diverse and inclusive workplace for everyone. All qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Flutter is committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application process. If you need assistance or an accommodation due to a disability, please contact us and let us know the nature of your request.
Apply
To help us track our recruitment effort, please indicate in your cover//motivation letter where (jobsnear.net) you saw this job posting.