Member Article

Cash Management Savings Company Expands By Internalising Finance Function

One of the UK’s leading cash management savings services has expanded its team, in order to bring all finance provisions inhouse.

The decision by Cascade Cash Management Ltd has seen the creation of the role of Finance Manager, which has been filled by Anthony Tunmore, who brings with him over ten years of experience to the company in similar financial roles.

Anthony, from Newcastle upon Tyne, has joined the team from Inveniam Corporate Finance Ltd.

In his previous role he provided financial services to Cascade and developed a strong working relationship with the management team in doing so. It was clear to Anthony from an early stage that Cascade has huge potential and when the opportunity presented itself, he was keen to be a part of the project.

Anthony, 26, who already holds a Foundation Degree in Business Management, as well as his AAT qualification, is currently studying towards a BA Hons Degree in Finance Management with Derby University as well as progressing through his CIMA qualification to further extend his knowledge and capabilities in the business world. He said:

“I have closely watched the progression of Cascade with keen interest over the past twelve months. As soon as I spoke to Emma regarding the Finance Manager opportunity, I knew it was the right move. It is an exciting time to join the company, as it is already a well-established entity. There are also ambitious plans in place for further expansions to the offerings and capabilities of the service, which I am keen to help develop.

From a personal standpoint, the management team at Cascade are very keen to facilitate my personal development, be that through workflow opportunities or professional qualifications. I knew they would be supportive throughout the next year and beyond as I look to finish both my BA Hons Degree and my CIMA qualifications.“

Cascade Cash Management Ltd is an independent and transparent service created to generate enhanced cash returns and increased protection on deposits through professional cash management.

The Cascade team of eleven administer cash savings on behalf of clients and depositors, who can also use the portal to administer their own savings. Partners including IFA’s, solicitors, attorneys, accountants and many more can also self-brand the product for presentation to their own clients.

Managing director, Dr Emma Black, said:

“We are delighted that Anthony has joined us and after three months he is already a valued member of the team. I am also very happy that he is keen to finish his Degree and his CIMA qualifications as his continued learning Cascade will be to our advantage, as his skills improve and grow. We seek to create a culture of opportunity for the team and Anthony was the ideal candidate and a good fit for the post.”

Anthony’s role involves controlling the internal finance processes such as invoicing and accounting, as well as elements of customer facing activity to ensure the general ongoing financial wellbeing of the company. Anthony concluded:

“Now I have joined the company I am even more convinced that I have made the right choice. I can see Cascade growing stronger, expanding into new markets and creating new income streams. My aspiration will be to grow the finance function into an efficient team, creating opportunities for more financiers to join the Cascade service.”

This was posted in Bdaily's Members' News section by Anna Toms .