Senior Manager, Treasury Operations & Cash Management

The Treasury Manager, Costa is responsible for the day‑to‑day operation of treasury activities across the Costa business. This includes hands‑on cash and bank management, cash‑flow forecasting, liquidity management, treasury controls, and support of financial risk management activities. A key element of the role is the monitoring, reporting and optimisation of working capital, supporting improved cash generation and disciplined cash usage across the business. The role also contributes to the ongoing improvement of treasury processes, ensuring activities remain efficient, well controlled and scalable. The role covers all Costa legal entities and operating units and operates within the wider Coca‑Cola treasury and finance framework. The role is supported by a small team, including Treasury Consultants and support from a managed service provider (Genpact), with the Treasury Manager providing operational oversight, review and coordination of activities.

Work Focus

• Cash Management: Monitor daily cash balances and ensure sufficient liquidity to meet operational requirements. Oversee cash inflows and outflows from business operations, ensuring activity is accurately recorded and reconciled. Execute payments, transfers and banking transactions accurately and on time. Support retail cash collection processes and optimisation of card and other income streams.
• Cashflow Reporting and Forecasting: Prepare and maintain rolling short‑term cash‑flow forecasts (including 13‑week direct forecasts). Support longer‑term cash planning and indirect cash‑flow forecasting. Monitor and report on working capital performance, identifying opportunities for improvement.
• Working Capital Reporting and Optimisation: Monitor and report on working capital performance, including key cash drivers and trends. Prepare working capital analysis for finance stakeholders, highlighting risks and improvement opportunities. Work with Finance, FP&A and operational teams to support initiatives that improve cash conversion and working capital efficiency. Track benefits from working capital initiatives and ensure improvements are reflected in cash‑flow forecasts.
• Financial Transactions Recording: Record and review treasury‑related transactions within the ERP and banking systems. Ensure accurate coding of transactions and adherence to accounting and treasury policies. Ensure timely and accurate bank reconciliations. Support automation and efficiency improvements through system and process optimisation.
• Risk Management: Support the identification, monitoring and management of financial risks, including FX, credit and liquidity risk. Execute approved hedging and risk mitigation activities in line with treasury policy and guidance.
• Banking and Financial Relationships: Maintain relationships with external banks and internal Coca‑Cola treasury teams. Support bank account administration, mandates and documentation. Assist with the evaluation of banking services to ensure they meet operational requirements.
• Treasury Policies and Procedures: Apply and support treasury policies and procedures to ensure compliance and strong internal control. Contribute to the development and maintenance of treasury documentation and process guidance.
• Team Coordination: Work closely with finance teams including Accounting, FP&A and Internal Audit. Coordinate treasury activity across internal teams and the managed service provider. Ensure timely delivery of treasury outputs aligned to reporting deadlines.
• Process Improvement: Identify opportunities to streamline and improve treasury processes. Support the implementation of automation and best practices where applicable.
• Audit Support: Support external and internal audit activity relating to treasury and cash. Provide documentation, explanations and walkthroughs as required. Communicate regularly with OU Finance teams (Costa), FP&A, Accounting, Source to Pay, Order to Cash, Legal, Tax and wider Coca‑Cola teams. Provide clear and accurate treasury information to support financial decision‑making. Ensure consistent and standardised approaches to communication and interaction with shared service and accounting teams.

Key Success Parameters Experience: 5+ years’ experience in a Treasury Manager or equivalent operational treasury role, ideally within a multinational or complex operating environment. Practical experience across cash management, cash‑flow forecasting, banking activity and treasury controls. Experience producing working capital and cash performance reporting, with the ability to identify drivers and improvement opportunities. Experience working within defined treasury policies and risk frameworks. Exposure to shared service or managed service models, with experience reviewing and overseeing transactional activity. Strong analytical and problem‑solving skills, including cash‑flow analysis and working capital reporting. A formal treasury qualification is advantageous but not essential; relevant hands‑on experience is the key requirement.

Key Knowledge Requirements: Mastery of operational treasury management within a multinational or complex business. Cash‑flow forecasting and working capital analysis. Treasury controls, policies and risk awareness. Strong Excel capability and experience working with ERP and banking systems.

Broad Expertise In: Experience working alongside shared service or managed service providers. Exposure to Microsoft Dynamics 365 or similar ERP platforms. Effective communication with non‑treasury stakeholders. Continuous improvement and automation mindset.

Location(s): United Kingdom City/Cities London

Travel Required: 0% - 25%

Relocation Provided: No

Job Posting End Date: May 19, 2026

Annual Incentive Reference Value Percentage: 15 Annual Incentive reference value is a market‑based competitive value for your role. It falls in the middle of the range for your role, indicating performance at target.