Treasury Operations Manager

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

At Pennon Group, we're proud to be leading the way in the water and renewables industries. Alongside our subsidiaries - South West Water, Bristol Water, Bournemouth Water, Pennon Water Services and Pennon Power - we're committed to delivering a sustainable future of our region. Because we know that by continually driving up our standards today, we'll build a better tomorrow for our communities.

We currently have an opportunity for a Treasury Operations Manager to join our Finance team based in Bristol or Exeter. Joining us on a full-time permanent basis, you will receive a competitive annual salary plus excellent benefits.

About the role:

You will be delivering the Corporate Treasury function's objectives and managing the company's risk management in relation to financial activities, including hedging of foreign exchange, interest rates and inflation.

What you'll be doing:

• Supporting the Group Treasurer to maintaining the Group's Banking relationships
• Leading the short to medium term liquidity forecasting model and credit rating models to ensure compliance with our policies and procedures
• Managing the Group's treasury dealing and cash management
• Managing the Group's debt portfolio, ensuring that the debt is serviced in accordance with the facility agreements and that the Group maintains an efficient debt portfolio
• Being accountable for month end treasury reporting to the accounting team
• Supporting the company with the Annual report and Performance reporting from a treasury position
• Taking responsible for the year end and Half year treasury reporting
• Managing the Group's finance lease portfolio and debt portfolio
• Supporting the Group Treasurer with debt bank documentation
• Providing the interest and inflation forecasting for the Group
• Managing the interest forecasting
• Supporting with the regulatory review process and ongoing monitoring from the treasury perspective
• Preparing the management commentary for the Group on treasury matters for the board and executive committees
• Using our hedging policy and strategy to ensure that the groups hedging is maintained in accordance with the agreed position
• Working with the relevant subsidiaries to manage the budgeting process from a treasury perspective
• Delivering project work - relating to the operational treasury improvements and supporting projects relating to M&A, Price review and Renewables.

What we are looking for:

• Accounting Qualification (ACA, ACCA) and ideally a Treasury Qualification AMCT / MCT
• Extensive experience in fast paced accounting or treasury function
• Experience in Financial Risk Management
• Proven capability in forecasting and Financial Performance Analysis
• Experience with working with the external and internal audit teams.

What's in it for you:

We know that the support and commitment of our staff is key to our success so you will receive the opportunity for ongoing development and training for a long-term career with us. We're one of the largest companies in the South West and are proud to have been awarded Investors in People recognition. In return, we offer an excellent range of benefits including:
• Generous holiday allowance plus bank holidays
• A discretionary Bonus
• Competitive Contributory Pension
• Share-save Scheme
• Various health benefits
• Wellbeing support programmes
• A range of Group Discounts
• Cycle to Work Scheme
• Financial support services
• And plenty more!

Closing Date: Sunday 16th February, 2025

Be yourself, we like it that way. Together, we will build a culture of belonging, where inclusion is instinctive. Diversity is our strength and a reflection of our communities. We care, we value everyone, we celebrate uniqueness.

Our core values which are essential to our success are:

Be Rock Solid - Build trust and be trusted. Be the one we all look to and can depend on.

Be You - We want you to bring your best everyday. Be yourself and make your mark in your individual way.

Be the Future - Embrace change. Drive Progress. Own the challenge.