Treasury Analyst

Co-op; Manchester; Hybrid; GBP 28,000 - 34,000; Full time

Job summary

A leading community-focused organization in Manchester is looking for a Treasury Analyst to join their services team. This role involves ensuring accurate treasury processes, managing reconciliations, and supporting key projects. The ideal candidate will possess treasury back-office experience, strong problem-solving skills, and knowledge of SAP S4/Hana. Competitive benefits are offered, including a bonus and hybrid working options.

Benefits

Annual bonus based on performance

28 days holiday plus bank holidays

Pension with up to 10% employer contributions

Subsidised onsite gym access

Coaching and training for career development

Qualifications

• Experience in treasury back-office processes and a good understanding of finance.
• Reconciliation experience is crucial.
• Commercial awareness and problem-solving skills are essential.

Responsibilities

• Be an expert in complex balance sheet and bank reconciliations.
• Monitor and resolve differences on reconciliations.
• Manage complex treasury transaction processing.

Skills

Treasury back-office processes

Reconciliation experience

Commercial awareness

Problem-solving skills

Effective communication

Proactive approach

Tools

SAP S4/Hana

Power BI

SharePoint

Job description

Treasury Analyst

Up to £33,500 plus great benefits (Work level 6B)
Manchester city centre, hybrid working, splitting your time between working from home and coming into the office at least once a week, including Wednesdays.

We’re looking for a Treasury Analyst to join our Co‑op Business Services (CBS) team. CBS is made up of a number of diverse teams dedicated to delivering high‑quality, reliable and cost‑effective business services across our Co‑op. You’ll play a key role in helping CBS to support and realise our group vision of ‘co‑operating to build more value for member‑owners every day’.

As a Treasury Analyst, you’ll make sure our reconciliations are spot‑on, risks are managed, and improvements are always on the horizon. It’s a great opportunity to develop your skills, gain experience, and help shape how our team works at Co‑op.

Why this role matters

At Co‑op, we’re here to make things fairer, easier, and better for our members and communities. Behind the scenes, strong financial controls keep everything running smoothly. In this role, you’ll make sure our treasury processes are accurate and compliant, supporting key projects and helping us improve how we work. Your expertise will help us manage risk, deliver great service, and keep our business moving forward.

What you’ll do

• Be an expert in complex balance sheet and bank reconciliations
• Monitor and resolve differences on reconciliations, driving issues to completion
• Work with upstream and downstream colleagues to clear queries and implement improvements
• Manage complex treasury transaction processing
• Develop reports using tools like Power BI and SharePoint to support internal customers
• Support advisors and senior advisors with complex queries
• Help the Bank Reconciliation Manager with team development and create training guides (written and video)
• Provide specialist knowledge to support business change programmes and ad‑hoc projects
• Identify and implement continuous process improvements

What you’ll bring

• Experience in treasury back‑office processes and a good understanding of finance
• Reconciliation experience
• Commercial awareness and problem‑solving skills
• Ability to work collaboratively and communicate effectively
• A proactive approach and willingness to learn and improve processes
• SAP experience, particularly S4/Hana Treasury experience, is highly desirable

Why Co‑op?

At Co‑op, we’re owned by our members. And because we’re owned by you, we can do right by you. So when you join us, you’re not just taking a job, you’re joining a movement. We’re an organisation that puts people and communities first, and we’re powered by purpose. We want this to be a place where you can thrive, so you’ll also receive:

• An annual bonus (based on personal and business performance)
• 28 days holiday (rising to 32 with service) plus bank holidays
• A pension with up to 10% employer contributions
• Access to a subsidised onsite gym (at our Manchester HQ)
• Coaching and training to support your career development
• Wagestream app – giving you access to a percentage of your pay as you earn

Building a diverse environment

We’re actively building diverse teams and we welcome applications from everyone. If you have a disability, we can make reasonable adjustments to our recruitment process according to your needs. We’re also part of the Disability Confident scheme, meaning we’ll always offer an interview to disabled candidates who apply through the scheme if they meet the minimum criteria for a job.

We’ll ask whether you’d like to be considered under the Disability Confident scheme when you apply.

If we invite you to take part in the recruitment process for any of our jobs, we’ll ask you if you need any reasonable adjustments to enable you to participate.

You can find out more about our recruitment process at jobs.coop.co.uk/apply-process

You can find out more about the Disability Confident scheme at Disability Confident Scheme – Co‑op Colleagues and more about our commitments to diversity and inclusion at Diversity and Inclusion

Please note that we may close applications for this role early.

As part of your application, you’ll need to complete an online assessment. This assessment typically takes up to 50 minutes. If you’re a current Co‑op colleague, this does not need to be completed.