At a Glance
- Tasks: Lead day-to-day Treasury operations and ensure smooth execution of financial activities.
- Company: Join a dynamic finance team in a reputable organisation with a strong focus on innovation.
- Benefits: Competitive salary, professional development opportunities, and a collaborative work environment.
- Other info: Opportunity for career growth and to drive process improvements in a fast-paced environment.
- Why this job: Make a real impact in financial operations while developing your skills in a supportive setting.
- Qualifications: Bachelor’s degree in Finance or related field; experience in treasury or financial operations preferred.
The predicted salary is between 60000 - 75000 £ per year.
The Treasury Operations Lead role supports the Treasury Manager by facilitating the effective day-to-day execution of Treasury activities across the group. The role is responsible for operational delivery, control integrity, and day-to-day oversight of Treasury processes, ensuring resilience, consistency, and segregation of duties. The role complements the Treasury Manager’s strategic, policy, and risk ownership, and technical responsibilities by translating direction into controlled execution and by supervising operational activity.
Responsibilities
- Cash and Liquidity Operations
- Own and oversee execution readiness for time-critical Treasury activity including urgent payments, payroll funding cycles, and value-date dependent FX/payment execution.
- Oversee the controlled execution of Treasury payments and standard FX transactions in line with Treasury policy and approved workflows.
- Monitor execution quality and ensure issues are resolved without compromising control standards.
- Act as escalation point for liquidity execution issues, including cut-off, holiday, or settlement challenges.
- Banking Operations
- Lead bank administration activities across the Group, including account opening and closure coordination, mandate and signatory updates, and banking documentation management.
- Coordinate and execute mandate and signatory updates in accordance with approved governance and delegation frameworks.
- Support online banking governance including entitlements and access processes in line with internal control attributes.
- Act as day-to-day operational contact with banks and service providers for execution, investigations, and administrative matters ensuring communications with banks are accurate, timely, and aligned with approved Treasury positions.
- Maintain accurate records and audit ready evidence relating to bank mandates, authorities and access.
- Support the Treasury Manager by preparing information, coordinating responses, and ensuring operational follow-through on banking initiatives.
- Oversee and provide cover for the issuance, maintenance, and preparation of letters of credit, guarantees, bid bonds and performance bonds, and maintain associated records.
- Control, Risk, Procedures and Audit
- Support the execution of Treasury risk management activities (e.g. FX settlement, payment timing, operational risk mitigation) in line with approved policies.
- Ensure operational controls around risk execution are followed and exceptions are escalated appropriately.
- Build and maintain Treasury SOPs and process documentation, ensuring critical processes are written, controlled, trainable and auditable.
- Facilitate execution of key Treasury control activities, including access reviews, evidence retention, and audit preparation.
- Support Internal Controls, Audit, and Compliance teams with timely, accurate documentation.
- Process, Digitalisation and Automation
- Drive process standardisation, automation, and efficiency improvements in line with Treasury Manager strategy and priorities.
- Drive continuous improvement by identifying and implementing efficiency opportunities through treasury technologies and system integrations (e.g., banking connectivity, reporting automation, workflow optimisation, and responsible Gen-AI enablement) in line with Treasury Manager strategy and priorities to reduce manual effort, strengthen controls, and improve scalability.
- Team Oversight and Development
- Provide day-to-day guidance and oversight to the Treasury Analyst.
- Act as a second line reviewer for critical execution steps through knowledge sharing.
- Drive standardisation through trackers, templates, and evidence packs to reduce key-person dependency.
- Service Model, Prioritisation and Stakeholder Management
- Implement Treasury service discipline: manage inbound requests through prioritisation rules, maintain clarity on what Treasury will deliver and by when, and support establishment of service levels.
Qualifications and Experience
- Bachelor’s degree in Finance, Accounting, Economics, or a related field.
- Proven experience in similar treasury, accounting, or financial operations role.
- Strong control mindset- evidence, auditability, segregation of duties, procedure discipline.
- Preference for experience from stock exchange listed company and offshore related environment, banking or finance is an advantage.
- Confident stakeholder management with banks and internal teams; able to drive closure and maintain standards.
- Solid IT knowledge and advanced MS working knowledge.
- Familiarity with SOX compliance and external audit processes.
- IFS knowledge an advantage.
- Excellent English verbal and written communications skills.
Treasury Operations Lead in Aberdeen employer: Borr Drilling
As a Treasury Operations Lead, you will thrive in a dynamic and supportive environment that prioritises employee growth and development. Our company fosters a culture of collaboration and innovation, offering competitive benefits and opportunities for professional advancement, all while being located in a vibrant area that enhances work-life balance. Join us to be part of a team that values integrity, excellence, and the continuous improvement of our Treasury operations.
StudySmarter Expert Advice🤫
We think this is how you could land Treasury Operations Lead in Aberdeen
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and treasury sectors. Attend industry events or webinars, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews by researching the company and its treasury operations. Understand their challenges and think about how you can contribute. We want you to show them you’re not just another candidate, but the perfect fit for their team!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online platforms. Get comfortable talking about your experience in cash and liquidity operations, banking processes, and risk management. We want you to shine when it counts!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us. Let’s get you that Treasury Operations Lead role!
We think you need these skills to ace Treasury Operations Lead in Aberdeen
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Treasury Operations Lead role. Highlight relevant experience in treasury, finance, or accounting, and don’t forget to showcase your strong control mindset and stakeholder management skills.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention specific experiences that align with the responsibilities listed in the job description, like managing banking operations or driving process improvements.
Showcase Your Technical Skills:Since the role requires solid IT knowledge, make sure to highlight your advanced MS skills and any familiarity with treasury technologies. If you have experience with automation or digitalisation, definitely include that too!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Borr Drilling
✨Know Your Treasury Basics
Before the interview, brush up on your knowledge of treasury operations, especially cash and liquidity management. Be ready to discuss how you would handle time-critical activities like urgent payments and FX transactions, as these are key responsibilities in the role.
✨Showcase Your Control Mindset
Highlight your understanding of operational controls and risk management during the interview. Prepare examples of how you've ensured compliance with policies and maintained audit-ready documentation in previous roles. This will demonstrate your fit for the position's focus on control integrity.
✨Prepare for Stakeholder Scenarios
Think about past experiences where you managed relationships with banks or internal teams. Be ready to share specific examples of how you navigated challenges and maintained clear communication, as stakeholder management is crucial for this role.
✨Emphasise Process Improvement Skills
The role involves driving efficiency and automation in treasury processes. Come prepared with ideas or past experiences where you've successfully implemented process improvements or technology integrations. This shows you're proactive and aligned with the company's goals.
