Treasury Manager

The CFO HQ; West of England; Hybrid; GBP 65,000 - 90,000; Full time

Job summary

Gi Group is recruiting a Treasury Manager on behalf of a prestigious utilities client for a Bristol-based hybrid role. You will own cash flow forecasting, liquidity management and treasury reporting, supporting a TSA carve-out and interfacing with external banking partners.

The position includes ERP/TMS implementation and policy development for a standalone operating model. The role requires a Finance/Accounting degree, strong treasury experience, SAP R/3 expertise, advanced Excel and excellent

Qualifications

• Degree in Finance or Accounting is required.
• Strong treasury operations and cash forecasting experience.
• Experience with payment processing and bank reconciliations.
• Proficient in ERP systems; SAP R/3 preferred.
• Excellent English communication skills and stakeholder engagement.

Responsibilities

• Oversee cash & liquidity management across bank accounts.
• Own rolling multi-entity cash flow forecasts (13-week to 24-month).
• Provide regular cash and liquidity reporting for management decisions.

Skills

Treasury operations

Cash forecasting

Stakeholder communication

Advanced Excel

English language

Education

Degree in Finance / Accounting

Tools

SAP R/3

ERP systems

Banking platforms

Payment processing systems

Job description

Treasury Manager (12-month Contract, Inside IR35) – Bristol (Hybrid)Gi Group is advertising on behalf of our prestigious utilities client for an experienced Treasury Manager to take ownership of cash flow forecasting, liquidity management and treasury reporting. This is a key role ensuring the organisation maintains the right level of liquidity to meet operational and strategic requirements, while optimising returns and remaining compliant with internal controls and applicable regulatory requirements.The position will also play a central role during a carve-out/transition (TSA), acting as a key interface with external banking partners and supporting implementation of treasury processes and systems for a standalone operating model.Location: Bristol (hybrid working – 2-3 days per week in the Bristol office)Travel: Occasional travel to London and Edinburgh sites will be requiredContract: 12 months, Inside IR35Start date: ASAPThe role: what you'll be doingCash & Liquidity ManagementOversee daily cash positioning across bank accounts, maintaining clear visibility of available funds.Ensure sufficient liquidity to meet operational and investment requirements.Manage payment processes, transaction approvals and cash transfers.Monitor and analyse variances between forecast and actual cash flows.Cash Forecasting & ReportingOwn and maintain rolling multi-entity cash flow forecasts across:13-week12-month24-monthPartner with Finance colleagues and regional management to ensure forecasts align to business planning cycles and forecast updates.Provide regular cash and liquidity reporting to support management decision-making.Support multi-entity liquidity management (including SPVs), intercompany funding and short-term cash planning.Financial Control & ComplianceSupport month-end and year-end processes, including inputs to financial statements.Ensure compliance with internal controls, regulatory requirements and audit standards.Support internal and external audits as required.Support vendor/customer KYC information requests.Carve-Out & Transition (TSA) ResponsibilitiesAct as the key interface with treasury stakeholders and external banking partners during the TSA period.Support implementation/optimisation of a Treasury Management System (TMS).Develop and document treasury policies, procedures and controls for the standalone organisation.Support ERP implementation and TSA exit, improving cash visibility, reporting accuracy and process standardisation.Role evolution post-TSAAs the standalone treasury model matures, the scope is expected to expand into:Payments and cash transfers executionBank account administration (mandates/signatories)Bank reconciliations and enhanced cash reportingDay-to-day management of treasury systems and payment processesPotential additional scope (to be confirmed):Setting up new banking relationships and service providersSupporting bank facilities/fees/credit arrangements and connectivity (SWIFT/host-to-host)Debt/loan/covenant monitoring and financing activity supportSupporting management of liquidity, interest rate and counterparty risk### What we're looking forEssential:Degree in Finance / AccountingStrong experience in treasury operations, cash management and cash forecasting (or broader finance operations with strong treasury exposure)Hands-on experience with payment processing, bank reconciliations and banking platformsStrong ERP knowledge, ideally SAP R/3 (adaptable to other systems)Advanced Excel (able to structure data and handle large volumes accurately)High attention to detail, comfortable working to deadlines and managing high transaction volumesStrong written and spoken English; confident engaging proactively with senior stakeholdersExperience supporting new banking arrangements and/or ERP implementations/integrationsDemonstrable experience building/improving cashflow forecasting processes and toolsDesirable:Treasury and/or Accounting certificationShould you require any support or assistance, please contact your local Gi Group office.