Treasury

The Treasury team look after a number of areas:

• Manage the University's overall cash and bank balances
• Establish amount of cash available to invest
• Invest spare funds appropriately to maximise the return
• Ensure all balances and investments are recorded in the ledger
• Monitor credit ratings of investment destinations to ensure that all University investments remain compliant with University policy
• Manage the University's corporate loans, including interest and principal
• Manage loan covenant requirements, ensure that the University does not breach the covenants
• Maintain the corporate Treasury Policy and ensure all treasury management activities are compliant
• Carry out scenario planning for loan and other financing alternatives
• Calculate any exchange rate gain or loss arising on difference to contract rate, if applicable
• Identify any surplus euros or other currencies which can be converted to GBP
• Carry out period end close activities, including investment postings and accruals
• Review bank reconciliations and temporary petty cash floats
• Carry out annual financial year-end confirmation of petty cash balances

Treasury Policy