Treasury Manager

Zilch Inc UK; City of Westminster; Hybrid; GBP 75,000 - 90,000; Full time

Job summary

A leading payment tech company in the UK seeks a Treasury Manager to oversee the Treasury function, ensure daily liquidity, and manage financing for growth initiatives. The role involves leading a team and collaborating with finance departments for reporting and compliance. Ideal candidates will have strong analytical skills, treasury operations experience, and the ability to mentor junior staff. The offered position includes a hybrid working model and a variety of workplace perks.

Benefits

Pension scheme

Private medical insurance

Gym membership discounts

Enhanced family friendly policies

Workplace socials

Healthy snacks

Qualifications

• Proven ability to manage and mentor a small team.
• Experience in a fast-paced growth environment.
• Familiarity with debt facilities and compliance.

Responsibilities

• Oversee the end-to-end Treasury Function.
• Provide oversight of daily liquidity and cash management.
• Collaborate with departments for financial reporting.

Skills

Analytical mindset

Excellent communication skills

Risk management

Team management

Experience in treasury operations

Understanding of payment flows

FX risk management

Tools

Treasury Management System

Netsuite

Job description

With over 5 million active customers and over £2bn in annual funded volume, supported by multiple debt facilities, Treasury is a critical driver of Zilch's success – providing the liquidity, risk management and reporting capability that underpin the Group's operations and growth. Reporting to the Capital Markets Manager, you will be responsible for the end‑to‑end Treasury Function at Zilch and will manage a team of two Treasury Analysts. This role is suited to someone who thrives in a fast‑paced, dynamic environment and who takes ownership of ensuring that cash, liquidity and funding operations run smoothly and reliably. As Zilch accelerates its growth ambitions through new products and funding initiatives, the Treasury Manager will play a key role in supporting the Group to achieve these strategic objectives.

Treasury Operations & Controls

• Oversee the reconciliation of issuing, acquiring and card‑scheme cashflows across internal and external data sources.
• Treasury Analysts will operate the 7‑day Visa scheme settlement process; you will provide oversight and manage contingencies.
• Maintain strong oversight of the daily liquidity position and ensure cash is managed in line with Group requirements.
• Refine and maintain treasury processes, with a strong focus on controls, documentation, auditability and reporting accuracy.

Data, Reporting & Analytics

• Work closely with Financial Reporting, FP&A and Strategic Finance to align liquidity requirements with the Group’s forecasts and provide data and insights that drive the right decisions.
• Collaborate with the Finance Data team to enhance the accuracy, automation and timeliness of treasury‑related data flows.
• Oversee the preparation and review of daily reporting outputs to senior stakeholders, ensuring insight and accuracy.
• Assist with downstream processes and reporting across the wider Finance team, providing relevant analysis where required.

Debt Facility & Capital Markets Support

• Provide oversight and review of debt‑facility reporting, contractual notices and covenant compliance for lenders.
• Support the Capital Markets Manager on new initiatives, including system or process enhancements and the integration of changes into BAU operations.
• Lead the quarterly Agreed‑Upon Procedures (AUP) external audit for the Group’s securitisation debt facility.

Systems, Banking & Administration

• Manage the Treasury Management System (TMS), including system administration, enhancements and user access.
• Oversee the administration and control of bank accounts, banking platforms, FX brokers and other payment infrastructure.
• Experience managing or supporting securitisation debt facilities, including covenant reporting, lender deliverables and audit requirements.
• Strong understanding of payment flows, particularly issuing, acquiring and scheme settlement processes.
• Competency in FX risk management, with experience in controls frameworks and hedging instruments.
• Experience leading Treasury operations in a high‑growth or fast‑paced environment.
• Strong analytical mindset, able to interpret complex data flows and identify issues quickly.
• Excellent communication skills, confident dealing with senior stakeholders and external lenders.
• Proven ability to manage, mentor and develop a small team.

Bonus Skills

• Experience of using Atlar or a similar Treasury Management System.
• Experience of using Netsuite or a similar general ledger system.
• Experience in using Visa Pre‑funding Solutions (VPS) or a similar pre‑funding collateral scheme solution (Mastercard/Visa).

Zilch is a payment tech company on a mission to create the most empowering way to pay for anything, anywhere. Combining the best of debit, credit and savings, we give our customers the option to earn instant cashback or spread the cost of pricier purchases, completely interest‑free and with no late fees. Pretty great, right?

We started in 2018 with a small team and a big dream – to make credit accessible to all. Since then, we’ve achieved double‑unicorn status and taken on more than 5 million customers. There are some exciting projects coming up and we’ve got big growth plans.

Compensation & Savings

• Pension scheme.
• Death in Service scheme.
• Income protection.
• Permanent employees enjoy access to our Share Options Scheme.
• 5 % back on in‑app purchases.
• £200 for WFH setup.

Health & Wellbeing

• Private medical insurance including GP consultations (video, telephone or face‑to‑face).
• Prescribed medication.
• In‑patient, day‑patient and out‑patient care.
• Mental health support.
• Optical, dental and audiological cover.
• Physiotherapy.
• Advanced cancer cover.
• Menopause support.
• Employee Assistance Programme (EAP) – unlimited mental health sessions, 24/7 remote GP & physiotherapy, 24/7 helpline for emotional & practical support.
• Savings & discounts on everyday shopping.
• 1:1 personalised well‑being consultations.
• Gym membership discounts.

Family Friendly Policies

• Enhanced maternity pay.
• Enhanced paternity pay.
• Enhanced adoption pay.
• Enhanced shared parental leave.

Learning & Development

• Professional qualifications.
• Professional memberships.
• Learning suite for e‑courses.
• Internal training programmes.
• FCA & regulatory training.

Workplace Perks

• Hybrid working.
• Casual dress code.
• Workplace socials.
• Healthy snacks.