Director of Treasury

STOIX is working with an international public transport group operating services across the UK, Ireland, the Nordics and a growing portfolio of global markets. Owned by an infrastructure consortium, the business is transitioning from a loosely federated group into a properly consolidated international operator — with an active £1bn+ refinancing, 17 operating companies, and bids in flight on some of the largest transport tenders globally.

The role:

• Own the Group treasury function end to end — strategy, operating model, controls, systems
• Lead execution on a £1bn+ refinancing programme, covenant reporting across 15+ lenders, and ongoing capital markets activity
• Build cash visibility, forecasting and liquidity infrastructure from first principles — leveraging automation and AI where they genuinely add value
• Manage relationships with lenders, rating agencies and sophisticated infrastructure shareholders, including board-level reporting
• Support international M&A, bids and tenders — including asset-backed, project-style and concession financing
• Partner across 17 operating companies to rationalise banking, embed controls and professionalise the function
• Lead and develop a Treasury Manager and Treasury Analyst, with scope to shape the team as the Group scales

The profile (non-negotiable):

• Significant treasury experience in a large, complex, multi-entity corporate — infrastructure, transport, utilities, real assets or another capital-intensive sector
• Proven delivery in structured finance and capital markets — debt issuance, refinancing, covenant-heavy facilities, asset-backed funding
• Demonstrated treasury transformation experience — TMS implementation, process redesign, operating model build, not just steady-state
• Comfortable operating inside sophisticated shareholder dynamics — consortium investors, infrastructure funds, PE sponsors
• Strategic direction-setter who still rolls up their sleeves and writes the board paper themselves — this is an exec team that does, not one that delegates
• Credible in front of lenders, rating agencies and a demanding shareholder base
• 10+ years of treasury experience; ACT, ACA or CFA preferred

What this is (and isn’t):

• This is a full-suite Group Treasury Director role inside a business mid-transformation, with real scope and a CFO who will back you to execute.
• It is not a maintenance or steady-state treasury seat.
• It is not a pure structured finance / niche debt specialist role.

This is where you build the function, own the capital structure, and sit at the centre of a business that is genuinely evolving — sophisticated shareholders, international growth, and a live refinancing that matters. If you’ve done the hard yards in structured finance and treasury and want to own the full suite inside a business going somewhere, this is the one.