Treasury Accountant

Overview

We are seeking an experienced Treasury Accountant to support the delivery of high-quality treasury and cashbook operations within a regulated financial services environment.

Key Responsibilities

• Oversee daily treasury operations, ensuring accurate and timely cash reconciliations, payment processing and transaction monitoring.
• Review and monitor treasury activity completed by junior team members, maintaining high standards of accuracy and compliance.
• Manage short-term liquidity using internal and external funding sources, ensuring cost-effective and timely availability of funds.
• Utilise intercompany funding options where appropriate to optimise cash utilisation and minimise funding costs.
• Review and approve daily trading deal requests, ensuring compliance with company policy, risk frameworks and regulatory requirements.
• Monitor bank accounts and cash positions to ensure effective use of facilities and optimum liquidity management.
• Work closely with Treasury colleagues, Finance, Controlling and Accounting teams to ensure forecasted cash flows are complete and aligned with business activity.
• Maintain and update working files supporting the 'cost of money' P&L line, ensuring accuracy of funding and interest rate data.
• Lead month-end treasury accounting activities, including journals, accruals, variance analysis and forecast commentary.
• Prepare and review balance sheet reconciliations, ensuring issues are identified and resolved promptly.
• Monitor market developments (interest rates, inflation and macroeconomic trends) and assess their impact on funding costs and P&L volatility.
• Provide cross-cover across treasury functions, including Middle Office, Risk and Planning, to ensure continuity during periods of absence.
• Support senior treasury colleagues as required to ensure uninterrupted treasury operations.

Education, Training and Experience

• Qualified accountant or studying towards a relevant UK qualification (e.g. ACCA, CIMA, ACT or AAT).
• Proven experience in treasury or finance roles, ideally within financial services or banking.
• Strong experience in cash management, treasury controls and balance sheet reconciliations.
• Advanced Excel skills and strong proficiency in Microsoft Office.
• Working knowledge of SAP or similar financial systems.

Skills and Personal Characteristics Required

• Excellent interpersonal skills, with experience supporting and mentoring junior colleagues.
• Strong analytical and problem-solving skills with high attention to detail.
• In-depth understanding of treasury operations, cash management and bank file processing.
• Ability to prioritise and manage multiple tasks in a high-pressure environment.
• Clear and confident communicator, able to influence and build relationships at all levels.
• Proactive, disciplined and able to work independently while supporting wider team objectives.
• Adaptable and resilient, with a focus on continuous improvement and professional development.