Treasury Analyst

ACCA Careers; Reading; Hybrid; GBP 52,000 - 63,000; Full time

Benefits offered by this job

Competitive salary

Holiday allowance

Pension scheme

Wellbeing benefits

Job summary

Thames Water, the UK’s largest water and wastewater company, is seeking a Treasury Analyst to support cash management, forecasting and risk analysis in a front-office treasury team. Based in Reading with a hybrid pattern, the role offers exposure to debt, derivatives and external stakeholders while contributing to policy and process improvements.

You will work under the Assistant Treasurer, handle daily liquidity activities and develop documentation for auditors and internal stakeholders, while

Qualifications

• Excellent analytical skills and attention to detail.
• Understanding of debt and derivatives transactions.
• Treasury knowledge or experience.
• Good at building relationships, a team-player and an effective communicator.
• Excellent MS Excel skills, familiar with Treasury Management Systems.
• Part or fully qualified finance professional.

Responsibilities

• Complete daily cash management activities including money market funds, deposits, and facility drawdowns.
• Prepare weekly and three months rolling cash forecast and support longer-term forecasts.
• Counterparty exposure and risk analysis.
• Create deals on the Treasury Management System.
• Prepare periodic covenant compliance certificates.
• Identify and implement process efficiencies and automation using the Treasury Management System including inputting, reporting, and data uploads.
• Liaise with Treasury colleagues to ensure transactions are recorded and accounted for properly.
• Ensure all activities comply with treasury policy and procedures.
• Develop new procedures and documentation where required.
• Support on projects and providing information (e.g. to auditors and stakeholders) on debt/derivatives portfolio.
• Support Assistant Treasurer with ad hoc tasks.

Skills

Analytical skills

Debt & derivatives

Treasury knowledge

Relationship building

MS Excel

Treasury Management System

Education

Part or fully qualified finance professional

Tools

Treasury Management System

Job description

This is a broad and exciting Treasury Analyst front office role at the UK's largest Water and Wastewater Company, in which you will gain exposure to our wider business and external stakeholders on all elements of treasury.

This role will give the right person an exciting challenge and scope to help shape the direction of our Treasury team.

You will be support the liquidity management in a Group with debt obligations of over £14bn, annual group interest costs of c.£500m and a derivatives portfolio with a notional value of over £10bn, reporting into the Assistant Treasurer.

What You’ll Be Doing As a Treasury Analyst

• Responsible for completing daily cash management activities including money market funds, deposit transactions and facility drawdowns for the Group.
• Preparation of weekly, three months rolling cash forecast and support production of longer term forecast.
• Counterparty exposure and risk analysis.
• Create deals on the Treasury Management System.
• Prepare periodic covenant compliance certificates.
• Identify and implement process efficiencies and automation using the Treasury Management System including transaction inputting, reporting and market data uploads.
• Liaise with Treasury colleagues to ensure transactions are recorded and accounted for properly.
• Ensure all activities are undertaken in compliance with treasury policy and procedures.
• Develop new procedures and documentation where required.
• Support on projects/delivery of information e.g. to auditors and other stakeholders on the debt/derivatives portfolio.
• Support Assistant Treasurer with any other tasks/ad hoc activities or analysis.

Base location: Reading - Hybrid

Working pattern: 36 Hours

What You Should Bring To The Role

To thrive in this role, the essential criteria you’ll need is:

• A talented individual with excellent analytical skills and attention to detail.
• An understanding of debt and derivatives transactions, including index-linked instruments.
• Treasury knowledge or experience.
• Good at building relationships, a team-player and an effective communicator
• Excellent MS excel skills, familiar with Treasury Management Systems.
• Part or fully qualified finance professional

What’s in it for you?

• Competitive salary circa £55,000 per annum, depending on experience
• Annual Leave - 26 days holiday per year increasing to 30 with the length of service (plus bank holidays)
• Performance-related pay plan directly linked to company performance measures and targets
• Generous Pension Scheme through AON
• Access to lots of benefits to help you take care of you and your family’s health and wellbeing, and your finances – from annual health MOTs and access to physiotherapy and counselling, to Cycle to Work schemes, shopping vouchers and life assurance.

Who are we?

We’re the UK’s largest water and wastewater company, with more than 16 million customers relying on us every day to supply water for their taps and toilets. We want to build a better future for all, helping our customers, communities, people, and the planet to thrive. It’s a big job and we’ve got a long way to go, so we need help from passionate and skilled people, committed to making a difference and getting us to where we want to be in the years and decades to come.

Working at Thames Water

Thames Water is a unique, rewarding, and diverse place to work, where every day you can make a difference, yet no day is the same. As part of our family, you’ll enjoy meaningful career opportunities, flexible working arrangements and excellent benefits.

If you’re looking for a sustainable and successful career where you can make a daily difference to millions of people’s lives while helping to protect the world of water for future generations, we’ll be here to support you every step of the way. Together, we can build a better future for our customers, our region, and our planet.

Real purpose, real support, real opportunities. Come and join the Thames Water family.

We’re committed to being a great, diverse, and inclusive place to work. We welcome applications from everyone and want to ensure you feel supported throughout the recruitment process. If you need any adjustments, whether that’s extra time, accessible formats, or anything else just let us know, we’re here to help and support.

When a crisis happens, we all rally around to support our customers. As part of Team Thames, you’ll have the opportunity to sign up to support our customers on the frontline as an ambassador. Full training will be given for what is undoubtedly an incredibly rewarding experience. It’s also a great opportunity to learn more about our business and meet colleagues.