At a Glance
- Tasks: Support cash management and assist with bank reconciliations and payment processes.
- Company: Join Majestic Wine Group, the UK's largest wines and spirits specialist.
- Benefits: Enjoy a competitive salary, staff discounts, and generous holiday allowance.
- Other info: Agile working policy and career development opportunities available.
- Why this job: Be part of a dynamic team and contribute to financial operations in a growing company.
- Qualifications: Strong understanding of financial processes and excellent attention to detail.
The predicted salary is between 30000 - 40000 £ per year.
Majestic Wine Group is the UK’s largest end-to-end wines and spirits specialist, operating across retail, on‑trade and hospitality through four brands: Majestic Retail, Majestic Commercial, Enotria and Vagabond. Founded in 1980 and backed by Fortress Investment Group, the business has undergone rapid growth through transformation and acquisitions, formally becoming Majestic Wine Group in 2025. With over 200 retail stores, a nationwide on‑trade supply network and a growing wine bar estate, Majestic is focused on curating a high‑quality, differentiated product range, delivering expert service and expanding its physical and digital footprint across the UK.
Role Purpose
As a vital member of the Treasury team, you will be responsible for supporting the Group’s overall cash management strategy. While this role focuses primarily on the cash reconciliation of retail stores, you will also play a key part in broader team operations, including bank reconciliations, payment management, and various ad‑hoc treasury analyses and tasks.
Job Specifics
- Contract Type: Permanent
- Location: Watford – our Head Office is 15‑minute walk from Watford Junction station
- We are proud to offer an Agile Working Policy for Head Office colleagues; a blend of office and remote working which will include a number of days working at the Majestic Office each week
Key Accountabilities And Responsibilities
- Store Reconciliations
- Daily Data Management: Download and analyse daily Till Variance and Petty Cash data to monitor store performance against company guidelines.
- Discrepancy Investigation: Identify and investigate POS discrepancies, missing banking or late deposits by liaising directly with retail store managers.
- Audit & Adjustments: Process necessary amendments to the Till Variance spreadsheets following thorough investigations.
- Banking Liaison: Act as the primary point of contact for Barclays to resolve banking discrepancies and issues.
- Store Support: Manage the provision of banking facilities and paying‑in cards for all retail locations to ensure seamless operations.
- Compliance: Escalate any significant matters of concern or instances of non‑compliance with company financial guidelines.
- Payment Processes
- Manual Payments: Prepare and raise manual payments for authorisation, including individual vendor payments and inter‑company transfers.
- BACS Management: Execute BACS runs in accordance with Group Treasury policies.
- Multi‑Currency Operations: Support financial transactions across various international currencies.
- Bank Reconciliations
- Account Balancing: Post and reconcile the Group’s numerous bank accounts.
- Reporting: Ensure all reconciliations are completed accurately and in alignment with the monthly reporting schedule.
- Ad Hoc Treasury Tasks
- Provide support for departmental projects and administrative treasury tasks as required by the management team.
Knowledge & Skills Required
- A solid understanding of financial processes and robust internal controls surrounding cash handling.
- A keen eye for detail with the ability to investigate data discrepancies and find root causes.
- Strong organisational skills and the ability to prioritise a heavy workload in a deadline‑driven environment.
- Excellent interpersonal skills for liaising with store staff and external partners, paired with a team‑player attitude.
- Familiarity with BACS, manual payments and multi‑currency environments is highly desirable.
What’s In It For You
- A competitive salary & performance‑related bonus
- Up to 20% Staff Discount
- 29 days holiday, including public and bank holidays and a Holiday Purchase Scheme
- Life Assurance (Worth 2 times your annual salary)
- A contributory Company Pension Plan
- Career development opportunities
- Free parking on site with electric charging points
- Access to Retail Trust which includes: Retail Rewards including instant savings with discounted e‑vouchers, discounted reloadable shopping cards, gift vouchers and gift cards, discounts of up to 30%, and access to a free counselling support phone line
- Company maternity, paternity and adoption leave after 26 weeks
- Long service rewards
Treasury Assistant in Watford employer: Majestic Wine Warehouses LTD
Majestic Wine Group is an exceptional employer, offering a dynamic work environment in Watford with a strong focus on employee growth and well-being. With an Agile Working Policy, competitive salary packages, and extensive benefits including generous holiday allowances and career development opportunities, employees are empowered to thrive both personally and professionally. Join a team that values collaboration and innovation while being part of the UK's largest wines and spirits specialist.
Contact Details:
Majestic Wine Warehouses LTD Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Treasury Assistant in Watford
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to Majestic Wine Group. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by researching Majestic Wine Group's values and recent developments. Show us you’re genuinely interested in the company and how you can contribute to their cash management strategy.
✨Tip Number 3
Practice common interview questions related to treasury roles. We want to see your understanding of financial processes and your problem-solving skills, so be ready to share examples from your past experiences.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re serious about joining the Majestic team.
We think you need these skills to ace Treasury Assistant in Watford
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Treasury Assistant role. Highlight any relevant experience you have with cash management, bank reconciliations, or payment processes. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about joining Majestic Wine Group and how you can contribute to our Treasury team. Keep it concise but engaging – we love a good story!
Show Off Your Attention to Detail:Since this role involves a lot of data management and discrepancy investigation, make sure to showcase your attention to detail in your application. Mention specific examples where you've successfully identified and resolved issues in the past.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Majestic Wine Warehouses LTD
✨Know Your Numbers
As a Treasury Assistant, you'll be dealing with cash management and reconciliations. Brush up on your financial processes and be ready to discuss how you would handle discrepancies or manage daily data. Show them you understand the importance of accuracy in this role!
✨Demonstrate Attention to Detail
This role requires a keen eye for detail, especially when investigating data discrepancies. Prepare examples from your past experiences where your attention to detail made a difference. Highlight how you approach problem-solving and ensure compliance with financial guidelines.
✨Show Your Organisational Skills
With a heavy workload and tight deadlines, organisational skills are key. Be ready to share how you prioritise tasks and manage your time effectively. You might even want to bring a simple example of a system you use to keep track of your responsibilities.
✨Be a Team Player
You'll be liaising with store staff and external partners, so excellent interpersonal skills are a must. Think of instances where you've worked collaboratively in a team setting. Emphasise your ability to communicate clearly and support others in achieving common goals.
