Treasury Accountant

Arriva; United Kingdom; Hybrid; GBP 45,000 - 60,000; Full time

Job summary

Join a leading transport provider as a Treasury Accountant on a 12-month fixed-term basis. You will manage treasury transactions, maintain intercompany positions, and ensure compliance while collaborating with various teams. Ideal candidates will have a finance degree and be qualified accountants, with strong analytical and communication skills. Enjoy a hybrid working model and generous benefits including a pension plan and free bus travel.

Benefits

Generous Pension Plan

Life Assurance

25 Days Holidays

Employee Assistance Programme

Discounts and Cash Back

Eyecare Vouchers

Free Arriva Bus Travel

Qualifications

• Experience in treasury accounting and financial modelling.
• Ability to deliver insights and recommendations under tight deadlines.

Responsibilities

• Deliver all Treasury related accounting requirements.
• Maintain intercompany balancing process across forecasts and budgets.
• Prepare Treasury Assumptions documents and reports.

Skills

Numerical Skills

Analytical Skills

Communication Skills

Presentation Skills

Education

Degree in Finance

Qualified Accountant

Tools

Microsoft Office

Excel

ION Treasury Systems

Job description

Arriva is a leading provider of passenger transport across Europe, employing around 34,400 people and delivering around 1.6 billion passenger journeys. With buses, trains, coaches, trams, waterbuses, bike-sharing systems, on-demand transport solutions and a rolling stock leasing company, Arriva proudly connects people and communities safely, reliably and sustainably across 11 countries, delivering these services in a better way, every day.

We have strong roots dating back to 1938, an ambitious growth agenda, and a continuously developing relationship with our new shareholder I Squared Capital who acquired Arriva in May 2024.

An exciting opportunity has arisen to join our dedicated treasury function - Arriva Treasury Company Limited - on a 12-month fixed-term basis as a Treasury Accountant. Operating under the wider Group Treasury Policy, Arriva Treasury Company Limited functions as a distinct entity within the group, delivering specialist services such as funding, liquidity, and risk management through its In-House Bank (IHB), the central hub for banking and funding operations across the group's operating units.

Reporting to the Treasury Manager - Controlling, you'll play a key role in delivering accurate monthly accounting for treasury transactions, including daily bank reconciliations, month-end journals, and hedge accounting. A core part of your responsibilities will involve maintaining financial planning and control of intercompany positions across our international operations, ensuring alignment and consistency in liquidity forecasts, budgets, and hedging entries. You'll also prepare and publish Treasury Assumptions for planning cycles, collaborate with the Back Office to reconcile intercompany positions, and support ongoing improvements to forecasting processes.

Key responsibilities of the role:

• Delivery of all Treasury related accounting requirements for the three Treasury legal entities, including but not limited to, Month End Reporting, Forecasts and Accounting Records whilst working closely with the Group Accounts function.
• Open and regular communication with the group's operating units to challenge and agree final intercompany funding and cost assumptions to be made within each forecast, for intercompany financial positions to be assumed between the In-House Bank and each business and operating unit, to eliminate intercompany mismatches and to drive forecast accuracy.
• Maintain the above intercompany balancing process across the 13-Week Cash Forecast, Liquidity Plans, Group (quarterly) Forecasts, Budgets, Business Plans, and other ad-hoc forecasts.
• Maintain the above intercompany balancing process across all Treasury and In-House Bank exposures, being loans, cash deposits, forecasted cash pool positions, corresponding interest positions and accruals, IHB margins and fees assumptions, bank and parental guarantees assumptions and fees, fuel hedging exposures and fuel cash flows, amongst others.
• Use the forecasted data and intercompany positions to prepare and deliver each relevant forecast from the IHB's perspective, to be submitted for the final consolidation.
• Research the data and issue the Treasury Assumptions documents on a regular basis and for each relevant forecast process.
• Prepare and deliver to agreed deadlines regular Treasury reporting and any ad-hoc reporting required by the Treasury leadership team. Identify opportunities to make Treasury reports more efficient and provide actionable insight.
• Ensure Arriva is fully compliant with internal and regulatory compliance.

What we'd like from you!

The ideal candidate will hold a degree in finance, accounting, or a related business discipline and be a qualified accountant (e.g., CIMA, ACCA, ACA). They will have experience working within the accounts function of a multinational business, with exposure to treasury accounting, financial modelling, forecasting, and analysis.

Experience in investment appraisal or a background in group FP&A would be highly beneficial and will be considered an advantage.

Candidates will also:

• Possess strong numerical and analytical skills with a good eye for attention to detail.

• Be organised and able to prioritise tasks and activities.
• Be self-assured in building and developing the appropriate models or forecasts and applying the correct analysis to deliver insightful and actionable recommendations.
• Have a willingness and ability to absorb new information and skills quickly.
• Be target focused with proven ability to add value / deliver outstanding results to tight deadlines in a fast-paced changing environment.
• Possess excellent communication and presentation skills with ability to quickly establish effective relationships both internally and externally at all levels in the organisation.
• Be proficient in Microsoft Office, with advanced Excel skills and the ability to perform financial modelling.

Experience with ION Refinitiv or other ION treasury systems would be an advantage, though not essential.

Finally, we're looking for candidates aligned to Arriva's values: caring passionately, doing the right thing and making a difference.

What we can offer you in addition to a competitive base salary:

• True hybrid working - focusing on where you can best deliver for your customers, whilst still allowing for the required work life balance.
• A generous pension plan.
• Life Assurance plus access to one of the UK's largest networks of medical professionals (UK based colleagues).
• 25 days holidays and statutory bank holidays per year (pro rata for mid-year joiners), and opportunity to purchase additional holiday in eligible windows.
• Access to our Employee Assistance Programme (EAP).
• Access to discounts and cash back through 'The Village' - our Online Reward Gateway.
• Eyecare vouchers.
• The opportunity to join our Employee Experience Forum - a community of people leading activity and initiatives to enhance Wellbeing, Career Development and Communications within our community in the Corporate Centre.
• The opportunity to join a Global Arriva Inclusion Network (GAIN) group- a community of people who are passionate about equality, diversity and inclusion.
• Free Arriva bus travel for you and immediate family outside of London - T&C's apply
• And a truly wonderful team to be joining!

Why work for us?

Arriva is a people focused business. In every part of Arriva, our people deliver high standards of customer service and work together to demonstrate kindness, determination, and resilience.

Our values were created by Arriva people. They guide our actions and the way we work, helping to reflect and shape our culture. They focus on caring, integrity and making the difference.

Our people choose to work for us, and to stay with us, because we are a great place to work. At Arriva, we strive to create a culture where we can all be ourselves, where we belong, feel respected and our differences celebrated.

We actively seek out and value difference. We want our business to reflect the wide range of communities in which we operate, so we can serve them even better.

The closing date for applications is Sunday 1 June 2025. Arriva Group reserve the right to close this vacancy early.