Treasury Manager
Treasury Manager
Glasgow | Hybrid Working
A leading UK utilities organisation is seeking a Treasury Manager to join its Group Treasury function based in Glasgow. This role offers broad exposure across treasury operations, accounting, liquidity, and systems, with close interaction with a London-based Corporate Treasury team.
As Treasury Manager, you will be responsible for the reporting, operational, and accounting requirements of the Group’s treasury activities.
You will oversee the Treasury Management System (TMS) to ensure the accurate reflection of debt and liquidity positions, while managing day-to-day liquidity planning processes delivered by a Treasury Analyst.
You will play a key role in ensuring treasury operations support the organisation’s mission of delivering safety, warmth, and reliability to homes and businesses across the UK.
Key Responsibilities:
- Review daily liquidity reports, ad-hoc reporting, and month-end treasury processes
- Own the medium-term cashflow and 13-week liquidity forecasting process
- Manage cash management banking relationships, including mandates, KYC, and reporting
- Drive continuous improvement and development of the Treasury Management System
- Oversee key bank operational systems (online banking platforms and money market funds)
- Produce periodic FX risk analysis, collaborating with Treasury and Procurement stakeholders
Experience & Qualifications:
- An accounting qualification or progress towards one (ACA, ACCA, ICAS)
- Working knowledge of Treasury Accounting under UK GAAP (FRS 102), particularly debt, derivatives, and hedge accounting
- 2-3 years’ experience in Treasury (or equivalent exposure)
- Strong knowledge of cash management, cashflow forecasting, intercompany structures, and treasury systems
- Ability to analyse, interpret, and clearly communicate financial data
Please note this role cannot offer sponsorship.
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