At a Glance
- Tasks: Join our Treasury Team to drive strategic financial excellence and manage cash and liquidity.
- Company: Pennon, a leading company in the South West with a focus on employee development.
- Benefits: Generous holiday allowance, competitive pension, health benefits, and ongoing training opportunities.
- Other info: Join a supportive team recognised for its commitment to staff development.
- Why this job: Make a real impact in treasury management while developing your career in a dynamic environment.
- Qualifications: Professional accounting qualification and experience in a busy treasury environment.
We currently have an exciting opportunity arise for an Assistant Group Treasurer to join our team working in Exeter or Bristol. You will join us on a permanent basis, and in return, you will receive a competitive salary of £75,000 - £90,000 per annum plus car allowance.
The Assistant Treasurer will play a key role in developing Pennon’s Treasury function across cash management, debt capital markets, liquidity and risk management. The role will support the Group Treasurer in ensuring efficient access to funding, robust financial risk controls and compliance with the governance and reporting requirements of a listed business.
What you will be doing:
- Strategic Leadership: Support the development and implementation of a robust treasury strategy focused on efficient funding, cost optimisation, and long-term value creation.
- Cash & Liquidity Management: Oversee group-wide cash positions, ensuring adequate liquidity and effective working capital management through accurate forecasting and planning.
- Funding & Capital Markets: Manage the Group’s debt portfolio and support the execution of new financing transactions, including sustainable and green finance initiatives, while maintaining strong relationships with banks, investors, and rating agencies.
- Risk Management: Monitor key financial risks, implement approved hedging strategies, and contribute to scenario analysis and stress testing to support informed decision-making.
- Governance & Compliance: Ensure full compliance with treasury policies, loan covenants, and reporting standards, supporting disclosures and responses to external stakeholders.
- Treasury Operations & Systems: Drive operational excellence through automation, systems development, and continuous process improvement.
What we are looking for:
- You’ll be an analytical, detail-oriented treasury professional with strong technical knowledge and the ability to perform under pressure in a dynamic environment.
Key Qualifications:
- Proven analytical and problem-solving skills
- Solid understanding of accounting systems and reporting processes
- Experience in a busy treasury environment
- Ability to manage multiple priorities in a fast-paced, deadline-driven setting
Required:
- Professional accounting qualification (ACA, ACCA or CIMA)
Desirable:
- AMCT qualification
What's in it for you:
Pennon, who are one of the largest companies in the South West and we are proud to have been awarded Investors in People recognition. We know that the support and commitment of our staff is key to our success so you will receive the opportunity for ongoing development and training for a long-term career with us.
In return, we will offer an excellent range of benefits including:
- Generous holiday allowance plus bank holidays
- A discretionary Bonus
- Competitive Contributory Pension
- Share-save Scheme
- Various health benefits
- Wellbeing support programmes
- A range of Group Discounts
- Cycle to Work Scheme
- Financial support services
- And plenty more!
Closing Date: 14th November 2025
Assistant Group Treasurer employer: Pennon Group
At Pennon, we pride ourselves on being a leading employer in the South West, offering a dynamic work environment that fosters professional growth and development. As an Assistant Group Treasurer, you will benefit from a competitive salary, generous holiday allowance, and a comprehensive range of health and wellbeing support programmes, all while contributing to our mission of driving strategic financial excellence. Join us in Exeter or Bristol, where your expertise will be valued, and your career can flourish within a company recognised for its commitment to staff development and community impact.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Group Treasurer
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Pennon Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Assistant Group Treasurer
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Pennon Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Pennon Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Pennon Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Pennon Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Pennon Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Pennon Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
