Treasury Analyst

Saga Group; Folkestone; Hybrid; GBP 36,000 - 42,000; Full time

Job description

Salary £36,000 to £42,000 depending on experience

Permanent

Hybrid / Folkestone

Working as a Treasury Analyst here at Saga you will be key to looking after the financial health of our organisation by mitigating risks, keeping assets safe and returns optimised. It is truly a very critical role sitting in the fast-paced operation of Treasury and is a central point of contact of a small dynamic team.

Our Treasury department manages the Group’s cash, debt, currency and commodity hedges and investment strategy. We are an Enterprise function and have internal stakeholders across the Group and external stakeholders including lenders and auditors.

We work in a hybrid way at Saga both at home and in the office. The Treasury Team work from Folkestone up to twice a week. We also occasionally meet in the London office.

Role Responsibility

You will deliver a professional, high quality, reliable and efficient service to colleagues primarily within the Saga Finance and Group Professional Services community, but also to Saga colleagues in other teams, acting as a knowledgeable point of contact for all Treasury-related issues and queries. You will ultimately be the key point of contact for all Treasury partners outside of Saga including our banks, other financial services providers, and auditors.

Your key areas of responsibilities are;

• To follow our Business Code of Conduct and always act with integrity and due diligence.
• Management of Enterprise-wide cash balances each day such that there are no overdrawn balances and that surplus funds are invested in line with policy, ensuring regulatory capital is ringfenced where required.
• Maintain the day-to-day liquidity forecasting, ensuring that we have a rolling three-month view of expected cash and credit facility utilisation, providing regular updates to senior colleagues on the cash position and expected headroom.
• Assist with implementing process improvement and automation of daily processes, especially cash management, working with the finance transformation team to drive forward change and extracting additional value from existing portals and systems.
• FX settlement on behalf of the Travel businesses, in line with Group policy, including coordination of weekly requirements and monthly reporting.
• Preparation and processing of manual payments, where required, and coordinating the authorisation process.
• Leading online banking and portal administration and maintenance of user and contact lists.
• Ownership of bank mandates, coordinating changes with the Company Secretarial Team and various banks, including maintenance of a master database.
• To prepare monthly reporting for both cash and the debt facilities under Treasury management. Additionally, preparation of monthly reports on FX, interest, and forward rates and supporting colleagues with ad hoc market data requests.
• Acting as a key point of contact for our banking and other partners, including responsibility for KYC requests.
• Management of the Treasury inbox, providing appropriate responses in a timely manner.
• Support ad hoc projects and tasks as required.

The Ideal Candidate

• Strong communication skills are essential, being one of the primary points of contact within a small team and communicating directly with internal and external stakeholders.
• Sense of urgency, with the ability to role-model the Saga value of “Make it happen”.
• Ability to work autonomously.
• Accuracy and the ability to self-review is key, given the exposure to material transactions and executing foreign exchange trades with banks.
• Identification of training needs to resolve gaps in knowledge and skills.
• Have a historical treasury, economics, or accounting background.
• Familiarity with banking and payment mechanisms beneficial.
• Forecasting experience beneficial, including variance analysis to improve forecasting accuracy.
• Refinitiv Eikon or Bloomberg (particularly within Microsoft Excel).
• Finance platform - Workday.

Saga Values: Make it Happen, Do the Right Thing, Customer First, Excellence Every Day, Our People Make Us Special

Package Description

Everyday our colleagues deliver exceptional experiences to our customers. We believe exceptional work deserves even more exceptional rewards, that's why we have put together an amazing benefits package for all colleagues.

BENEFITS AVAILABLE TO ALL COLLEAGUES:

• 25 days holiday + bank holidays
• Option to purchase additional leave up to 5 extra days
• Pension scheme matched up to 10%
• Company performance related annual bonus - Up to 5%
• Colleague discounts including family discounts on cruises and holidays
• Range of reductions and offers from leading retailers, travel groups and entertainment companies
• Enhanced maternity and paternity leave
• Grandparents leave
• Income protection
• Access to Saga Academy, our bespoke learning platform

About the Company

Over the past 70 years we have become the UK's specialist provider of products and services to people aged over 50 in the UK. We’re one of the most recognised and trusted brands amongst UK consumers in this demographic, recognised for its high-quality products and exceptional standards of service. Our product portfolio includes cruises, holidays, insurance, personal finance products and our Saga Magazine.

We aim to be the most-trusted brand for older people in the UK. Our focus on delivering exceptional products and service empowers our colleagues to create moments that are personal and special for our customers and for each other. Our values underpin our approach and help guide us to deliver our purpose.

We’re committed to making sure that colleagues can be their best, be themselves and make a difference – more than anywhere else. We do this by creating a truly inclusive culture, where all colleagues can bring their full and authentic selves to work and be treated with dignity and respect in an environment that is free from discrimination and harassment.

Thanks to our people, Saga has been ranked 6th in the UK’s Best Employers 2025 by the Financial Times and Statista. This recognition, based on the voices of 20,000 employees across the UK, is a testament to the great culture we’ve built together. This award belongs to all our colleagues who collectively make Saga a fantastic place to work.

We are champions of age inclusivity and signatories of the Age-Friendly Employer Pledge, we are proud of our multigenerational teams we have in place. We’re also a committed Disability Confident employer and ensure that our recruitment process is inclusive and accessible.

Your application will have fair consideration, and you’ll receive personal communication throughout your applicant journey when you apply to join Saga.

Saga does not accept agency CVs unless specifically engaged on the role by the Talent Acquisition Team. Please do not forward CVs to our recruiters, employees or any other company location. Saga will not be responsible for any fees related to CVs received in this unsolicited manner.