Treasury Manager (12 Month FTC)

Contract type: Fixed Term Contract (12 months) Location: Hatfield (Hybrid working – 3 days in the office) Working hours per week: 40 hours Level: Manager Application Closing Date: Tuesday 31st March 2026 About Us Our mission is to deliver joy in every shop, through unbeatable choice, unrivalled service, and reassuringly good value. We’re Ocado Retail, a market-leading joint venture between Ocado Group and M&S, and the world’s largest dedicated online supermarket, ocado.com. Not only is Ocado.com the only place to shop a full range of M&S food online, it’s also the home to the widest online supermarket range in the UK and champion of small, independent brands. We’re also the brains behind Zoom by Ocado, our same-day grocery delivery service. About The Team And The Role We are embarking on a strategic transformation of our Treasury function. This is a unique opportunity to join at a pivotal stage, playing a key role in driving modernising our processes, leveraging technology, and strengthening our financial resilience. The position presents the opportunity and challenge of working in both a dynamic and exciting environment within the UK’s largest dedicated online grocery retailer. What You’ll Do • Lead the end-to-end migration of bank accounts to a new provider and financial integration with the relevant systems • Implementation of a Supply Chain Finance programme • Drive technology and process improvements, including automation of cash flow forecasting, bank reconciliation, and other digital solutions (leveraging AI where possible). Re-engineer processes across Treasury, AP, and AR to reduce manual work and improve data exchange. • Oversee daily treasury operations such as cash positioning, bank reconciliation, and payment processing. Provide cover for the Treasury Analyst when required. • Lead liquidity monitoring and continuously improve short- and medium-term cash flow forecasting using advanced modelling. Recommend optimal use of surplus cash through deposits, short-term investments, and broader investment strategy • Deliver accurate and timely month-end and reports for senior stakeholders. Use data analytics and AI tools to strengthen controls, documentation, and reporting. • Strategic & Risk Support: Support the Treasurer in developing and executing treasury strategy, and represent the function in audits to ensure strong governance and risk management. Who You Are Essential • Demonstrated treasury experience • Qualified or studying towards ACT (Association of Corporate Treasurers) or another professional accounting qualification (ACA, ACCA, CIMA). • Solid Treasury operations experience, ideally with exposure to systems projects. • Proficient excel skills, adept at spreadsheet compilation and analysis reporting. • Strong analytical and problem-solving skills, with an ability to use technology and data effectively. • Comfortable balancing day-to-day with longer-term project responsibilities. • Excellent communication skills, with the ability to engage senior stakeholders and cross-functional teams. Desirable • Experience with projects (bank account migration, H2H implementation, Treasury best practices) • Supply Chain Finance programme • Some experience of ERP systems (e.g. Oracle Fusion) What’s In It For You By joining Ocado Retail, you’ll have the chance to experience life at the world’s largest online retailer, work with an amazing bunch of people who challenge what’s possible each day, and grow your skills and career in online retail. If that’s not enough to tempt you, you’ll also get access to loads of great benefits to sweeten the deal. Here’s a taste of what we offer: Health & Wellbeing: Private medical insurance with option to add your family, Digital GP appointments, market-leading family policies, mental health support, discounted gym memberships, dental insurance, and more. Spend & Save: Annual bonus scheme split between personal and business objectives, recognition with reward platform, up to 7% matched pension contributions, 15% Ocado discount, 20% M&S discount, free breakfast every day in the office, electric vehicle leasing scheme, and free shuttle bus from Hatfield station to the office. Never miss the moments that matter: Hybrid working, 26 days holiday plus 8 flexible bank holidays, options to buy extra holiday, 2 weeks work from anywhere, and lifestyle break opportunities. Our Hiring Process Lucky for us, we receive a high volume of applications and genuinely appreciate the time and effort invested by every candidate. To ensure a fair and thorough process, every application is reviewed by a member of our team. If your skills and experience are a strong match, a Talent Partner will contact you to discuss the role and guide you through the next steps of our hiring process. Your Application and AI In the spirit of innovation, we welcome you to use AI tools in your application, just as we use them in our own business at Ocado Retail. However, as you leverage this technology, please don't lose sight of the most important element: your unique self. Your experiences, passions, and personality are what truly set you apart. Ensure that your application still authentically conveys who you are and why you're a great fit for us. Everyone’s welcome We’re an equal opportunities employer, which means that we make sure all potential colleagues are treated fairly and equally. We want to ensure everyone has a fair chance to apply; if you need this job description in an alternative format (e.g., larger print, different document type, etc.), please reach out to us at careers@ocadoretail.com and we'll be happy to assist you, and if you require reasonable adjustments during the recruitment process, please let us know on the application form.