Head of Treasury Recruitment

FD Capital recruits Heads of Treasury for UK businesses — senior treasury professionals placed into corporates, financial services firms, PE-backed businesses and international organisations with material cash, foreign exchange, debt or investment management requirements. The Head of Treasury owns the firm’s treasury function, managing liquidity, funding, financial risk and banking relationships at the senior leadership level. Adrian Lawrence FCA, founder of FD Capital and a Fellow of the ICAEW, leads our senior finance recruitment practice. We place Heads of Treasury across permanent, interim and fractional engagement types, with particular strength in businesses where treasury complexity has grown ahead of the existing finance function’s capability.

Call 020 3287 9501 or email recruitment@fdcapital.co.uk. Shortlists typically delivered within five to seven working days.

Adrian Lawrence FCA — Founder, FD Capital
Fellow of the ICAEW | ICAEW-Registered Practice | Senior finance placements since 2018

Treasury recruitment requires a precise understanding of the specific treasury challenge the business faces. A Head of Treasury for a corporate with a multi-currency international footprint, complex FX hedging requirements and a revolving credit facility needs a different profile from a Head of Treasury for a PE-backed business managing covenant reporting and working capital optimisation ahead of exit. FD Capital builds the brief carefully before sourcing — the treasury specialism is narrow enough that a poorly specified search wastes significant time on both sides.

When a Business Needs a Head of Treasury

Growing complexity outpacing the CFO’s bandwidth

In most businesses up to around £50m–£100m revenue, treasury is managed directly by the CFO or Finance Director — banking relationships, cash management, FX and debt are handled as part of the broader finance leadership remit. As businesses grow, internationalise, take on more complex debt structures or enter new markets, the treasury function develops a level of technical complexity that warrants dedicated senior leadership. The Head of Treasury appointment typically happens when the CFO recognises that treasury is consuming more of their time than it should, or when a specific treasury challenge — a refinancing, an international expansion, a PE-backed acquisition programme — requires technical depth the existing team doesn’t have.

Covenant management and lender relationships in PE-backed businesses

PE-backed businesses operating under leveraged capital structures have substantive treasury management requirements — covenant monitoring, lender reporting, interest rate risk management, working capital optimisation and cash flow forecasting at a level of precision that matches the sponsor’s requirements. A Head of Treasury in this context works closely with the CFO and the PE sponsor’s finance team, producing the treasury reporting the investment documentation requires and managing the banking relationships that support the portfolio company’s operations and growth.

International businesses with FX and multi-currency requirements

Businesses operating across multiple currencies face ongoing FX risk management requirements — identifying transactional and translational exposures, implementing hedging strategies using forwards, options or natural hedges, and ensuring the cost of hedging is proportionate to the risk being managed. The Head of Treasury owns this function, working with the CFO on the overall FX policy and with the commercial teams on transaction-level risk management. The Association of Corporate Treasurers (ACT) provides the professional framework and qualification standard for most UK treasury professionals.

Debt refinancing and capital structure management

When a business is refinancing its debt — replacing an existing facility with new terms, extending a revolving credit facility, or moving from one lender to a syndicated structure — the Head of Treasury leads the process: preparing the information package for lenders, managing due diligence, negotiating terms and overseeing documentation. This is a project that typically requires dedicated senior treasury expertise rather than the CFO’s general finance leadership capability, particularly in businesses where the refinancing is material to the company’s financial position and where lender relationships need careful management throughout the process.

What a Head of Treasury Does

Cash and liquidity management

The Head of Treasury is responsible for the firm’s day-to-day and strategic liquidity position — ensuring sufficient cash is available to meet operational requirements, optimising the deployment of surplus cash, and maintaining the credit facilities and banking relationships that provide liquidity headroom. In multi-entity businesses this involves cash pooling, intercompany funding and the management of cash across legal entities in different jurisdictions. Cash flow forecasting — typically maintained on a 13-week rolling basis — provides the visibility the board and lenders require. See our article on the importance of the 13-week cash flow forecast for context on this discipline.

Debt and banking relationship management

The Head of Treasury manages the firm’s debt portfolio — monitoring covenant compliance, producing lender reports, managing interest payments and maintaining the banking relationships that support the business’s funding needs. In businesses with multiple facilities — a revolving credit facility, term loans, invoice discounting and potentially bond issuance — the Head of Treasury provides the central coordination point for all lender relationships and ensures the board has a clear picture of the firm’s debt capacity and maturity profile at all times.

Foreign exchange and interest rate risk

Where a business has material currency exposures — from international revenues, overseas subsidiaries, foreign currency payables or cross-border acquisitions — the Head of Treasury develops and implements the hedging policy. This involves identifying exposures, selecting appropriate instruments, executing hedges through the firm’s banking relationships, and reporting hedge effectiveness to the CFO and board. Interest rate risk management — particularly for businesses with floating-rate debt — involves monitoring exposure and implementing swaps or caps where the policy requires fixed-rate protection.

Treasury operations and systems

The Head of Treasury owns the treasury management system (TMS) or the treasury processes within the firm’s ERP, ensuring accurate and timely recording of all treasury transactions. Payment authorisation, bank mandate management, counterparty credit limits and treasury accounting all sit within the function. In businesses implementing a treasury management system for the first time — or upgrading from manual spreadsheet-based processes — the Head of Treasury leads the systems project, working with the finance and IT teams to implement the right technology for the business’s complexity and scale.

Head of Treasury Salary and Day Rate Guide UK 2026

Business Context	Permanent Salary	Interim Day Rate	Fractional Day Rate
Corporate (£50m–£250m revenue, UK-focused)	£68,000 – £95,000	£425 – £625/day	£450 – £650/day
Corporate (£250m+ revenue, international)	£90,000 – £135,000	£550 – £800/day	£600 – £850/day
PE-backed business (covenant management focus)	£72,000 – £105,000	£450 – £650/day	£500 – £700/day
Financial services (asset management, insurance)	£80,000 – £120,000	£500 – £750/day	£550 – £750/day
Refinancing / transaction project (interim)	N/A	£500 – £800/day	N/A

London salary premiums of 15–25% typically apply. The MCT (Member of the Association of Corporate Treasurers) and FCT (Fellow of the ACT) qualifications command a premium of 10–20% over non-qualified peers at equivalent experience levels. For broader senior finance salary benchmarks see our Finance Director Salary Guide and our Head of Finance Salary Guide.

Head of Treasury Qualifications

The Association of Corporate Treasurers (ACT) is the professional body for UK treasury professionals, and ACT qualifications — particularly the Certificate in Treasury (CertT), the Advanced Certificate (AMCT) and the full MCT designation — are the most widely recognised credentials in the market. The majority of senior Heads of Treasury FD Capital places hold either an ACT qualification or a chartered accountancy qualification (ACA/ACCA/CIMA) with significant treasury specialism developed through experience rather than formal treasury qualification.

Sector experience typically matters more than qualification profile in treasury recruitment. A Head of Treasury with ten years of corporate treasury experience in international businesses brings more practical value to most briefs than a recently qualified treasury professional with limited operational exposure. FD Capital assesses candidates on the quality and depth of their treasury experience in contexts that match the hiring business — the complexity of the debt structures managed, the scale of FX exposures hedged, the sophistication of the banking relationships maintained, and their track record in specific treasury projects such as refinancings, TMS implementations or international expansions.

Related Senior Finance Recruitment Services

Recruit a Head of Treasury

FD Capital recruits Heads of Treasury for UK businesses — corporate, PE-backed and financial services. Permanent, interim and fractional engagement types. Pre-screened candidates with verified treasury experience. Shortlists within five to seven working days.

📞 020 3287 9501
✉ recruitment@fdcapital.co.uk

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