Senior Treasury Analyst

Ocado Group is an equal opportunities employer and as such makes every effort to ensure that all potential employees are treated fairly and equally, regardless of their sex, sexual orientation, marital status, race, colour, nationality, ethnic or national origin, religion or belief, age, or disability or union membership status.

About Us

Our teams are putting the world's retailers online using the cloud, robotics, AI, and IoT. We provide services to partner clients globally via our innovative advanced robotics technology, known as the Ocado Smart Platform ("OSP"), this drives our highly automated, multi-million pound Customer Fulfilment Centres (CFCs). In our CFCs - together with the proprietary software applications - we operate a world-class online grocery business that automates the single pick of products, ready for your online delivery.

About the role

Great opportunity for someone to step into a Senior Treasury Analyst role and become a key member of the Group Treasury function. Ocado is a forward thinking and progressive organisation who prides itself on putting people first. The right candidate will have the opportunity to grow and develop their skillset in this role and become the go to person for the function.

As a Senior Treasury Analyst you will have responsibility for building out and managing the timely and accurate reporting and forecasting of the Group's available cash. You will own everything Treasury Reporting and build the required dashboards while collaborating with various stakeholders. When you not working on reporting you will be free to support the day to day treasury front office operations, as well as supporting various strategic treasury related projects.

The Senior Analyst will support the treasury front office team on strategic projects to manage risk, ensure the group is funded appropriately, implement the Group's Treasury policies, establish and maintain the treasury reporting and drive the efficiency and continuous improvement of Treasury.

Accountabilities

Daily Group Cash Positioning

• Responsible for reviewing Group cash positioning on a daily basis
• Develop our Treasury reporting and minimise idle cash and also ensure funding is available when and where required
• Support the team in monitoring and managing positions to the relevant cut-off times for our cash pools
• Work closely with our business units to understand cash flow expectations, driving positive change.
• Review the compilation of the Group cash forecast based on submissions from the business units reported in the Treasury Management System
• Review daily variance analysis and reporting of actual cash position to individual business cash forecasts
• Support in Identify funding requirements and coordinate drawings / repayments under the RCF
• Understand the cause of banking costs and proactively support driving a reduction in charges.
• Review and support analysts with FX dealing as and when required, while adhering to policy limits and processes.

Group banking structure

• Support the management and utilization of the main credit facilities
• Assist with optimizing Group cash pooling structures; open/close bank accounts
• Support future amendments to cash management structures and payment processing approaches
• Support the Monitoring Intercompany Loan balances and Virtual account balances

Treasury settlements & cash forecasting

• Own the preparation of Group Treasury cash flows and work collaboratively with others to consolidate the Group long term cash forecast

Treasury reporting

• Establish and continuously develop high quality treasury reporting
• Prepare and collate the various treasury reporting packs
• Assist and support the Group Treasury team on day to day treasury operations and ad-hoc projects as they arise
• Maintain strong relationships with key members of Group Finance, Tax, Group Legal, Divisional Finance, IT and shared service centers

About you

• Currently studying towards the ACT qualification or qualified.
• Experience using Kyriba and advanced excel.
• Good grasp of basic tools, eg Office 365, Excel, Google Suite.
• Experience of working within or alongside a Treasury Finance function and accounting for Treasury derivatives (IAS 39/IFRS 9)
• Ideally cash management experience, with an understanding of payment processes and formatting
• Ideally some exposure to financial systems, eg Treasury Management System, Banking Platforms

What we offer you

Our employee benefits are designed for you, we care about people and we've ensured we have a wealth of benefits that focus on your well-being. We regularly review our benefits to ensure we are supporting our employees appropriately.

30 days ‘working from anywhere in the world' policy

Wellbeing support through dedicated apps and an Employee Assistance Programme

25 days annual leave, rising to 27 days after 5 years service (plus optional holiday purchase)

Pension scheme (various options available including employer contribution matching up to 7%)

Generous Private Medical Insurance (within the first month of joining!)

Income Protection (can be up to 50% of salary for 3 years) and Life Assurance (3 x annual salary)

22 weeks paid maternity leave and 6 weeks paid paternity leave (once relevant service requirements complete)

Train Ticket loan (interest-free)

Cycle to Work Scheme

Free shuttle bus to and from Hatfield Train Station to the Hatfield offices

Free shuttle bus to and from Welwyn Garden City Train Station to the Welwyn Garden City offices

Opportunity to participate in Sharesave and Buy as You Earn share schemes

15% discount on Ocado.com and free delivery for all employees (within the first month of joining!)