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- Tasks: Lead the Treasury Back Office team, ensuring smooth operations and accurate financial processes.
- Company: Join Ocado Group, a global tech leader transforming retail with AI and robotics.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Other info: Exciting opportunity to shape the future of finance in a cutting-edge tech company.
- Why this job: Be part of building a new team and make a real impact in finance operations.
- Qualifications: Experience in treasury operations and strong leadership skills required.
The predicted salary is between 60000 - 75000 £ per year.
Ocado Group is a global technology leader reinventing retail through AI and Robotic Engineering. While our technology powers the world’s most advanced fulfilment centres, our people drive our international growth. We are now launching a new Global Shared Service Centre in Sofia. This hub is the strategic heart of our international finance and people operations, and we are looking for leaders to contribute to building the Treasury Back Office team from the ground up.
Purpose of the role
As the Treasury Back Office Lead, you will manage the end-to-end Treasury Back Office function within the SSC, replicating and enhancing activities currently performed in the UK. You will:
- Act as the primary interface between SSC Finance teams and Group Treasury, ensuring alignment to Treasury policies, controls, and priorities.
- Ensure accurate, controlled, and timely delivery of all back office activities, including reconciliations, settlements, and cash operations.
- Embed Treasury processes within the SSC model while maintaining strong governance and oversight from Group Treasury.
- Drive standardisation, efficiency, and automation across Treasury and adjacent SSC finance processes.
- Partner closely with Treasury Front Office (Hatfield, UK) on a daily basis, acting as a trusted operational counterpart to ensure seamless end-to-end execution of cash movements, deal settlements, and liquidity activities across Front and Back Office.
- Deliver high-quality service to internal stakeholders, particularly SSC-based teams such as AP, Payroll, and Group Accounting.
Key Responsibilities
- Deliver all Back Office activities in line with existing UK processes, including cash management, bank reconciliations, bank account administration, payment confirmations and company card scheme administration.
- Ensure all Front Office deals are accurately settled, confirmed, and recorded in line with SLAs, ensuring cut off times are comfortably met.
- Ensure timely, accurate, and fully reviewed bank reconciliations across all entities and accounts.
- Monitor and resolve bank clearing items, working closely with SSC teams (e.g. AP, Payroll, Group Accounting).
- Maintain integrity of cash accounting and general ledger postings (Oracle Fusion).
- Support month-end and year-end close processes in collaboration with SSC accounting teams.
Treasury Back Office Lead employer: Ocado Technology Group
Contact Detail:
Ocado Technology Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Treasury Back Office Lead
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at Ocado Group. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for interviews by practising common questions related to Treasury operations. We recommend role-playing with a friend or using online resources to get comfortable with your answers.
✨Tip Number 3
Showcase your skills! Bring examples of how you've driven efficiency or standardisation in previous roles. This will demonstrate your ability to contribute to building the Treasury Back Office team effectively.
✨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 you’re genuinely interested in being part of our exciting journey at Ocado Group.
We think you need these skills to ace Treasury Back Office Lead
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Treasury Back Office Lead role. Highlight relevant experience in treasury operations, cash management, and any leadership roles you've held. 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 Ocado Group and how you can contribute to building our Treasury Back Office team. Keep it engaging and personal – we love a good story!
Showcase Your Achievements: When detailing your experience, focus on your achievements rather than just responsibilities. Use numbers and examples to demonstrate how you've driven efficiency or improved processes in previous roles. We appreciate results-driven candidates!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Ocado Group!
How to prepare for a job interview at Ocado Technology Group
✨Know Your Treasury Basics
Before the interview, brush up on your knowledge of treasury operations, especially cash management and bank reconciliations. Understanding the specific processes that Ocado Group uses will show that you're serious about the role and ready to hit the ground running.
✨Demonstrate Leadership Skills
As a Treasury Back Office Lead, you'll need to showcase your leadership abilities. Prepare examples from your past experiences where you've successfully managed teams or projects, particularly in finance. This will help illustrate your capability to build and lead the new team in Sofia.
✨Align with Company Values
Research Ocado Group's mission and values, especially their focus on technology and innovation. Be ready to discuss how your personal values align with theirs and how you can contribute to their goal of reinventing retail through AI and Robotic Engineering.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills in treasury operations. Think about potential challenges you might face in the role and how you would address them. This will demonstrate your proactive approach and readiness to tackle issues head-on.