Treasury Manager in Bristol

Cash & Liquidity Management

• Oversee daily cash positioning across bank accounts, ensuring clear visibility of available funds.
• Ensure sufficient liquidity to meet operational and investment requirements.
• Manage and oversee payment processes, transaction approvals, and cash transfers.
• Monitor and analyse variances between forecast and actual cash flows.

Cash Forecasting & Reporting

• Develop and maintain short- and medium-term cash flow forecasts.
• Provide regular liquidity and cash reporting to management to support decision-making.
• Support multi-entity liquidity management (including SPVs), including inter-company funding and short-term cash planning.

Financial Control & Compliance

• Support month-end and year-end processes, including inputs to financial statements.
• Ensure compliance with internal control frameworks, regulatory requirements, and audit standards.
• Support internal and external audit processes as required.

Carve-Out & Transition Responsibilities

• Act as the key interface with Vattenfall Treasury and external banking partners (e.g. Nordea) during the TSA period.
• Support the implementation and optimisation of Treasury Management Systems (TMS).
• Develop and document treasury policies, procedures, and controls for the standalone organisation.
• Support ERP system implementation and TSA exit, with a focus on improving cash visibility, reporting accuracy, and process standardisation.

Role Evolution (Post-TSA)

• The scope of this role is expected to expand following transition to a standalone treasury operating model.

Operational Treasury Activities

• Execution of payments and cash transfers.
• Bank account administration, including mandates and signatories.
• Bank reconciliations and enhanced cash reporting.
• Day-to-day management of treasury systems and payment processes.

Banking, Funding & Financial Risk (scope to be confirmed)

• Manage relationships with banks and financial service providers.
• Support negotiation and management of bank facilities, fees, and credit arrangements.
• Oversee bank account structures, connectivity (e.g. SWIFT/host-to-host), and access controls.
• Support management of debt, loans, and credit facilities, including covenant monitoring.
• Contribute to capital structure planning and financing activities (e.g. refinancing or new facilities).
• Identify and support management of financial risks, including liquidity, interest rate, foreign exchange, and counter-party risk.

Qualifications

• 3–6 years in Treasury operations / cash management or Accounts / finance operations.
• Hands-on experience with Payments, reconciliations, bank systems.
• Strong knowledge of ERP systems (preferably SAP and other systems).
• Excellent Excel skills (Pivot tables, Vlookup, data structuring skills).
• Ability to work with large volumes of data accurately.
• High level of precision and attention to detail.
• Ability to manage high transaction volumes and deadlines.
• A strong command of English, both verbally and written.
• Degree in Finance/ Accounting; Treasury / Accounting certificate beneficial.

This job description is not intended to be exhaustive. The post holder may be required to undertake other duties appropriate to the role, within their skills and abilities.

Our offer

Good remuneration, a challenging and international work environment, and the possibility to work with some of the best in the field. You will be working in interdisciplinary teams and you can always count on support from committed colleagues. We offer attractive employment conditions and opportunities for personal and professional development.

Commitment to Diversity

Vattenfall is committed to promoting a diverse and inclusive community - a place where we can all be ourselves and succeed on merit. We offer a range of family friendly, inclusive employment policies, flexible working arrangements, staff engagement forums and services to support all our employees. We are convinced that diversity contributes to build a more profitable and attractive company and we strive to be good role model regarding diversity. Vattenfall works actively for all employees to have the same opportunities and rights regardless of gender, ethnicity, age, transgender identity or expression, religion or other belief, disability or sexual orientation.