Treasury Manager

Zilch is a payment tech company on a mission to create the most empowering way to pay for anything, anywhere. Combining the best of debit, credit and savings, we give our customers the option to earn instant cashback or spread the cost of pricier purchases, completely interest free and with no late fees. We started in 2018 with a small team and a big dream - to make credit accessible to all. Since then, we’ve achieved double unicorn status and taken on more than 5 million customers. There are some exciting projects coming up and we’ve got big growth plans.

About the role.

With over 5 million active customers and over £2bn in annual funded volume, supported by multiple debt facilities, Treasury is a critical driver of Zilch’s success—providing the liquidity, risk management, and reporting capability that underpin the Group’s operations and growth. Reporting to the Capital Markets Manager, you will be responsible for the end-to-end Treasury Function at Zilch and will manage a team of two Treasury Analysts. This role is suited to someone who thrives in a fast-paced, dynamic environment and who takes ownership of ensuring that cash, liquidity, and funding operations run smoothly and reliably. As Zilch accelerates its growth ambitions through new products and funding initiatives, the Treasury Manager will play a key role in supporting the Group to achieve these strategic objectives.

Day to day responsibilities.

• Treasury Operations & Controls
  • Oversee the reconciliation of issuing, acquiring, and card scheme cashflows across internal and external data sources.
  • Maintain strong oversight of the daily liquidity position and ensure cash is managed in line with Group requirements.
  • Refine and maintain treasury processes, with a strong focus on controls, documentation, auditability, and reporting accuracy.
• Data, Reporting & Analytics
  • Work closely with Financial Reporting, FP&A, and Strategic Finance to align liquidity requirements with the Group’s forecasts, and provide data and insights that help drive the right decisions.
  • Collaborate with the Finance Data team to enhance the accuracy, automation, and timeliness of treasury-related data flows.
  • Oversee the preparation and review of daily reporting outputs to senior stakeholders, ensuring insight and accuracy.
• Debt Facility & Capital Markets Support
  • Provide oversight and review of debt facility reporting, contractual notices, and covenant compliance for lenders.
  • Support the Capital Markets Manager on new initiatives, including system or process enhancements and the integration of changes into BAU operations.
  • Lead the quarterly Agreed-Upon Procedures (AUP) external audit for the Group’s securitisation debt facility.
• Systems, Banking & Administration
  • Manage the Treasury Management System (TMS), including system administration, enhancements, and user access.
  • Oversee the administration and control of bank accounts, banking platforms, FX brokers, and other payment infrastructure.

What we’re looking for…

• Experience managing or supporting securitisation debt facilities, including covenant reporting, lender deliverables, and audit requirements.
• Strong understanding of payment flows, particularly issuing, acquiring, and scheme settlement processes.
• Competency in FX risk management, with experience in controls frameworks and hedging instruments.
• Experience leading Treasury operations in a high-growth or fast-paced environment.
• Strong analytical mindset with the ability to interpret complex data flows and identify issues quickly.
• Excellent communication skills, with confidence dealing with senior stakeholders and external lenders.
• Proven ability to manage, mentor, and develop a small team.
• Experience of using Atlar, or similar Treasury Management Systems.
• Experience of using Netsuite, or similar general ledger systems.
• Experience in using Visa Pre‑funding Solutions (VPS), or similar pre‑funding collateral scheme solutions (Mastercard/Visa).

Benefits.

• Compensation & Savings: Income Protection. Permanent employees enjoy access to our Share Options Scheme. 5% back on in-app purchases. £200 for WFH Setup. Private Medical Insurance including; GP consultations (video, telephone or face-to-face). Prescribed medication. In-patient, day-patient and out-patient care. Mental health support. Physiotherapy. Advanced cancer cover. Employee Assistance Programme including: Unlimited mental health sessions. 24/7 remote GP & physiotherapy. 24/7 helpline for emotional & practical support. Savings & discounts on everyday shopping. 1:1 personalised well-being consultations.
• Family Friendly Policies: Enhanced maternity pay. Enhanced paternity pay. Enhanced adoption pay. Enhanced shared parental leave.
• Learning & Development: Professional Qualifications. Professional Memberships. Learning Suite for e‑courses. Internal Training Programmes. FCA & Regulatory training.
• Hybrid Working. Casual dress code. Workplace socials.

To apply for this role, please submit your CV along with a cover letter. We acknowledge receipt of your resume for a position at Zilch and we appreciate your interest in joining our business. We will screen all applicants and select candidates whose qualifications meet our requirements. We will carefully consider your application during the initial screening and will contact you if you are selected to continue to the next stage of the recruitment process. We wish you every success. Zilch Technology is an equal opportunities employer and we encourage all applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, religion or belief.