Treasury & Finance Operations Manager

The Role...

At Soho House the Treasury & Fin Ops Manager will be in-market lead for treasury operations cash disbursements and related financial controls across the North America business providing the day-to-day link between our North America sites US support office and the Soho Hub our Finance Hub in the UK.

With core transaction processing and accounting activities managed centrally by the Soho Hub this role provides critical in-market oversight of cash and payment activities and ensure the global treasury payment and finance policies operate effectively across the US and Canada.

The role provides US time-zone coverage for time-sensitive treasury and payment matters exercise judgement over exceptional cash requirements supports the integrity of banking and payment controls and acts as a two-way liaison between local operations and the Hub. The role is also responsible for ensuring that time-critical financial and statutory matters requiring a local presence are appropriately managed and escalated.

Main Duties...

Treasury operations cash management and controls

• Act as the North America point of contact for day-to-day treasury and cash management matters between our sites US support office and the Soho Hub supporting operations spanning four time zones.
• Provide in-market oversight of cash disbursement activities and related controls ensuring payments are appropriately authorized supported and executed in accordance with global treasury and finance policies.
• Support effective cash and banking controls across North America identifying local workarounds or control gaps agreeing remediation with the Soho Hub and escalating material exceptions.
• Partner with local FP&A operations and the Soho Hub to ensure appropriate visibility of time-sensitive cash requirements and payment obligations.
• Promote strong cash management and financial risk awareness among non-Finance colleagues ensuring treasury and payment control expectations are understood and applied consistently at site level.

Time-critical payments and treasury escalations

• Own US time-zone coverage for urgent treasury cash and payment escalations across North America outside UK support hours.
• Exercise judgement over exceptional and time-sensitive funding and payment requirements determining which requests require immediate action and which should be challenged or deferred through standard processes.
• Approve and facilitate exceptional payments within agreed delegated authority limits where deferring to the next working day would create material operational regulatory or employee risk including:
• F&B vendor payment holds that could prevent a House from opening a kitchen for service;
• Liquor holds with the potential to disrupt supply from vendors within a state;
• Regulatory or compliance payments required immediately for a House to continue trading;
• Same-day contractual payments required for scheduled events or performances; and
• Same-day employee payments where required by state law.
• Protect the integrity of the treasury and payment control environment while operating at pace ensuring exceptional disbursements receive appropriate local approval and are communicated to the Soho Hub for subsequent accounting reporting and compliance.
• Maintain a complete audit trail of exceptional treasury and payment activity monitor root causes and escalate recurring issues for permanent resolution.

Financial authorities and statutory matters

• Serve as an in-market finance contact for relevant local city and state authorities where a US presence is required helping ensure time-sensitive financial and regulatory matters are appropriately managed.
• Ensure time-critical financial and statutory correspondence is acknowledged logged routed to the appropriate owner and tracked to closure for US legal entities including correspondence from tax authorities labor authorities lenders insurers and legal or regulatory bodies.
• Coordinate with the Soho Hub Tax Legal FP&A and other local stakeholders to ensure financial obligations arising from statutory correspondence are assessed and actioned ahead of applicable deadlines.
• Receive log and route physical financial documentation and cheques where an in-market presence is unavoidable.

Treasury process improvement and stakeholder partnership

• Support North America sites and the US support office in complying with global treasury cash management and payment processes reinforcing established Hub processes and redirecting transactional activity to the Soho Hub as appropriate.
• Act as the in-market partner to the Soho Hub in resolving treasury payment and site compliance issues at source.
• Identify recurring payment issues manual processes control gaps and business workarounds and partner with the Soho Hub to develop sustainable process improvements.
• Support continued enhancement of treasury controls payment processes and ways of working as the North America finance operating model evolves.
• Promote a risk-aware and compliance-focused culture by providing guidance and support to local and Hub teams on treasury processes payment controls and policy adherence.
• Invest in continuous professional development to enhance treasury financial risk and broader finance capabilities.
• Perform additional duties as assigned by management.

Requirements...

• Bachelors degree in Finance Accounting Business or related discipline; treasury or accounting qualification (e.g. CTP CPA ACA ACCA or CIMA) desirable but not required.
• 5 years of finance experience with relevant experience across treasury operations cash management payments banking or financial controls.
• Experience operating in a centralized or shared-services finance environment and partnering with remote processing teams.
• Practical experience with cash disbursements payment controls banking processes and financial risk management.
• Experience in a multi-site multi-entity environment; hospitality leisure or retail experience desirable.

Technical knowledge and systems

• Strong understanding of treasury and payment controls authorization frameworks audit trails and segregation of duties.
• Understanding of cash management banking operations and payment processes.
• ERP / finance systems experience required; Oracle experience desirable.

In-market and regulatory knowledge

• Familiarity with US federal and state authority correspondence and associated financial obligations desirable.
• Working knowledge of US unclaimed property (escheatment) requirements desirable.

Skills and personal attributes

• Strong judgement in assessing and challenging time-sensitive cash and payment requirements while maintaining controls.
• Ability to balance operational urgency with treasury governance financial risk and global policy requirements.
• Highly organized and detail-focused with the ability to manage time-critical activity across UK and US time zones.
• Strong stakeholder management and communication skills with the confidence to work across Operations FP&A Tax Legal and centralized Finance teams.
• Able to work independently with confidential financial information and exercise sound judgement under pressure.
• Calm pragmatic and solutions-oriented with a strong understanding of financial risk and control.

Why work with us...

Soho House offers competitive compensation packages that feature global benefits and perks. Whether youre seeking entry-level employment or a new opportunity to expand your profession we offer training to develop the technical and managerial skills necessary to enhance your career.

• Health Care 401K: Full time employees are eligible for full benefits; Medical Dental & Vision as well as Retirement fund with a 2% match
• Paid Time Off: Full- Time Employees have sick days vacation days
• Career Development: Soho House can progress your career domestically or internationally as well as managerially or technically
• Soho Impact: Empowering the Soho House Community to make positive change through mentoring apprenticeship local outreach and sustainability
• Learning & Development: An extensive range of internally and externally run courses are available for all employees.
• Cookhouse & House Tonic: Celebrating our passion for food and drink. Check out our monthly calendars and get involved in trips trainings and events. Available to all.
• Team Events: From fitness sessions to cinema screenings and art classes each month we hold a series of fun events which you can sign up to.
• Team Meal: Whilst on duty in our Houses & Restaurants you will be provided with a substantial meal free of charge.

Required Experience:

Manager