Treasury & Tax Manager

The Treasury & Tax Manager is responsible for leading treasury, cash management, tax compliance and advisory, transfer pricing, and intercompany activities across ANZ. The role oversees cash and liquidity forecasting, supports delivery of cash targets, manages treasury operations and receivables sale arrangements, coordinates outsourced tax compliance, and ensures accurate and timely transfer pricing and intra-group processes.

Role Summary

• Accountable for treasury, cash management, cash forecasting, tax compliance and advisory, transfer pricing, and intercompany activities across Australia and New Zealand.
• Responsible for oversight of external tax service providers and delivery of accurate, timely and appropriately approved tax returns, calculations, schedules and payments.
• Responsible for monitoring cash performance against targets and providing early visibility of risks, opportunities and funding requirements.
• Reports into the Head of Financial Services
• 1 direct report- Treasury accountant

Key Responsibilities

Cash Management

• Monitor cash landing positions against targets and drive actions to address variances.
• Identify and communicate cash risks and opportunities at an early stage, recommending and implementing appropriate mitigation actions.
• Prepare and report cash risks and opportunities three times each year, or as otherwise required.
• Determine loan and borrowing requirements and prepare recommendations for approval.
• Manage the Australian receivables sale programme, including oversight of reporting, notices, customer limits and bank portal submissions.
• Work with business stakeholders to improve the timeliness, reasonableness and accuracy of cash forecasts.

Treasury Operations

• Determine daily cash pooling and funding requirements across the Australian and New Zealand businesses.
• Analyse and manage bank fees, identify anomalies and recommend opportunities to reduce costs.
• Approve spot foreign exchange purchases within delegated authority.
• Manage bank authorities and corporate online banking administration.
• Review bank and cash reconciliations and ensure reconciling items are resolved promptly.
• Prepare or review treasury-related general ledger journals as required.
• Provide operational backup to the Treasury Accountant and ensure continuity of core treasury processes.

Intercompany Netting and Reconciliations

• Lead the intercompany reconciliation process in accordance with Group timetables and reporting deadlines.
• Review MATCH results and ensure transactions with Group companies are identified and accurately recorded in the general ledger.
• Liaise with international Group contacts to resolve differences and agree intercompany transactions and balances.
• Calculate intra-group royalty amounts and coordinate purchase orders and invoicing, including responsibility for withholding tax requirements.
• Provide backup support for intercompany netting and MATCH activities.

Cash Forecasting and Liquidity Reporting

• Oversee and review the rolling two-month daily cash forecast.
• Ensure monthly liquidity reporting and forecasting are completed accurately and submitted in accordance with Group timetables.
• Lead the quarterly rolling cash flow forecast process, including supporting schedules, commentary and analysis.
• Review forecast-to-actual variances and identify actions to improve forecast accuracy.
• Use cash and liquidity forecasts to inform funding, borrowing and cash management decisions.

Tax Compliance and Advisory

• Manage the relationship with external tax service providers and coordinate delivery of tax compliance activities across Australia and New Zealand.
• Provide accurate source data from E1, Hubble and other relevant systems to support preparation of tax returns and calculations.
• Review draft income tax, GST, FBT, BAS, CAS and NRWT returns and ensure all returns are appropriately reviewed and approved before submission.
• Schedule tax payments and ensure they are completed accurately and on time.
• Prepare tax true-up journals and complete periodic tax balance sheet reconciliations.
• Complete Polaris tax schedules, including tax effect accounting, Pillar Two and country-by-country reporting requirements.
• Prepare quarterly rolling forecast tax calculations and monthly tax cash forecasts.
• Provide practical tax advice to internal stakeholders and escalate complex or material matters to external advisers or regional specialists as appropriate.
• Review new product development excise classifications and verify applicable excise rates.
• Maintain clear supporting documentation and an effective compliance calendar for all tax obligations.

Transfer Pricing

• With support from the Treasury Accountant, calculate transfer prices for relevant product categories and channels, including Mumm Terroirs, ready-to-drink products, bulk Mumm Terroirs wines and travel retail.
• Maintain accurate transfer pricing information in Polaris, E1 and other relevant systems.
• Assist with and review Headquarters brand market support calculations and ensure all related charges are invoiced correctly.
• Prepare local transfer pricing segmentation.
• Prepare intra-Pacific management fee calculations, supporting documentation, recharges and forecasts.
• Contribute to preparation of local transfer pricing documentation with support from the APAC tax team and external advisers.
• Maintain clear controls and audit trails for transfer pricing calculations, approvals and invoicing.

People Management

• Coach and develop direct reports on functional skills, transferrable skills and behaviours, leveraging areas of strength to address development areas with consistent, direct and constructive feedback.
• Ensure that the Performance and Development Review (PDR) process is fully embedded for the team including individual development plans and career planning. Coach the team to deliver their individual objectives and personal development plans.
• Conduct weekly/fortnightly WIPs and quarterly performance development plan check-ins.
• Manage change in the department and proactively drive team motivation/positivity.

Other

• Support continuous improvement, automation and simplification of treasury, tax and transfer pricing processes.
• Maintain strong relationships with internal stakeholders and deliver responsive, practical and accurate financial services support.
• Contribute to Financial Services projects and cross-functional initiatives as required.
• Ensure procedures, controls and process documentation remain current and support effective knowledge transfer.
• Participate proactively and constructively in Finance team meetings and planning activities.

Aboriginal and Torres Strait Islander Peoples are encouraged to apply.
To apply please click apply or call Doireann Boylan on 02 8289 3204 for a confidential discussion.