Treasury Analyst

Exchange for Change; Milton Keynes; Hybrid; GBP 70,000 - 95,000; Full time

Benefits offered by this job

Competitive base salary

Bonus scheme

34 days holiday incl. bank holidays

5% employer pension contribution

Life Insurance: Cover of 4 times base

Private Medical Insurance

Income protection

Family Leave provisions

Hybrid Working

Job summary

Exchange for Change in Milton Keynes is seeking a Treasury professional to support cash flow forecasting, payments, reconciliations and liquidity management for the national Deposit Return Scheme.

You will work with the Head of Treasury, finance team and partners, maintain bank relationships, ensure security of funds, and contribute to timely financial reporting; hybrid working with minimum 3 days in office.

Qualifications

• Experience in treasury and cash management operations.
• Strong Excel and PowerPoint skills with data handling ability.
• Experience with online banking platforms and treasury systems.
• Candidate ideally working towards AMCT or equivalent.

Responsibilities

• Daily cash balances reconciliation and liquidity management.
• Forecasting short-term cash and variance reporting.
• Manage bank relationships and account mandates.
• Support security of funds and timely cash output.
• Collaborate with Head of Treasury and finance team.

Skills

Treasury experience

Excel

PowerPoint

Communication

Education

AMCT Qualification or equivalent

Tools

SAP S/4HANA

Oracle

Treasury Management Systems

Job description

About us

At Exchange for Change (EfC), we are building something the UK has never had before. Working across the United Kingdom, we are designing and delivering a Deposit Return Scheme from the ground up, creating a system that helps reduce litter and waste by encouraging people to return their empty drinks bottles and cans for recycling.

We are industry led, and driven by purpose. A national movement with a clear mission. No bottle unreturned. No can left behind.

This is not just another job. This is a rare opportunity to do meaningful work, shape a landmark national programme, and help deliver lasting positive impact for people, businesses and the planet alike.

Your role

You will be responsible for supporting the delivery of the Treasury function, owning operational tasks, including short term cash flow forecasting, payment and collection processing, bank account reconciliation, KPI reporting and short-term cash investments.

You will be part of the Treasury team and work closely with the Head of Treasury, finance team and the wider business, being a central point for all things cash and liquidity in the business. You will build and maintain strong relationships with our operational banks and technology partners.

Your work will directly support the successful delivery of the scheme, ensuring security of funds held, and availability of liquidity as required.

You’ll be based at our Milton Keynes office (30min from Euston) with the option to work flexibly from office or home (minimum 3 days in office).

Key Responsibilities & Priorities

Cash and Liquidity Management

• Daily reconciliation of cash balances and movements
• Manage scheme liquidity to ensure cash is available as required
• Processing of regular and ad-hoc payments and collection files
• Investment of scheme cash in line with counterparty policy to manage financial risk
• Collect, analyse and translate data into easily digestible information to support decision making

Short-Term Cash Forecasting

• Ownership of short-term cash forecast model
• Weekly variance reporting to support model improvement
• Partner with wider business to improve cash forecasting accuracy

Account and Relationship Management

• Manage relationship with bank to ensure suitable accounts are held, with mandates and authorisations kept up to date.
• Support Head of Treasury in ensuring the scheme is utilising the most efficient products and services to meet its requirements.

What success looks like

• Delivery of cash management ensuring liquidity as required whilst ensuring security of scheme cash
• Timely and reliable cashflow output to support decision making in the wider business
• Clean internal and external audits delivered with the support of strong defined processes and use of systemisation as appropriate

About you

• You are ideally working towards the Association of Corporate Treasurers AMCT Qualification or equivalent qualification
• You have previous experience working within Treasury
• You have strong Microsoft Office skills, with a focus on Excel and Powerpoint.
• You have experience with Online Banking platforms, SAP S/4HANA, Oracle or equivalent, and Treasury Management Systems.
• You communicate confidently and credibly with colleagues across all levels.
• You’re curious about the wider business with a desire to be in a pivotal role

The opportunity

Work that makes a difference - and a place where you can too.

This is a once-in-a-generation opportunity to help establish a scheme of national importance, working with purpose-driven colleagues and partners to deliver visible, real-world impact. You’ll contribute directly to meaningful environmental and social change and in return, we support and reward our team through a range of benefits and initiatives, including:

• Competitive base salary
• Bonus scheme
• 34 days holiday inclusive of bank holidays, additional holidays for length of service
• Flexibility with holidays. You may work on a local public holiday and take an alternative day off, giving you the freedom to celebrate the days that matter most to you.
• 5% employer pension contribution
• Life Insurance: Cover of 4 times base salary
• Private Medical Insurance: Includes GP access and an Employee Assistance Programme (EAP) for wellbeing support
• Income protection
• Family Leave: Maternity, adoption, parental, and paternity leave policies will be developed to be progressive and inclusive.
• Hybrid Working: 60% office or field-based and 40% home-based, with some flexibility according to business and personal needs.