SP Electricity North West manages and invests in the power network that supplies electricity to the 2.4m homes and businesses across the North West. Our 2,400 colleagues manage the 13,000km of overhead lines, 44,000km of underground cables and thousands of electricity substations to keep power flowing and supporting green growth. We’re one of six distribution network operators in the UK and are regulated by Ofgem.
We’re proud that in December 2024 we were named Utility of the Year by Utility Week magazine who said we punched above our weight and used innovation to solve some of the industry’s most difficult challenges. Come and be part of our team and make a difference.
Now part of the Iberdrola and ScottishPower group, we’re collectively building smarter, greener electricity networks that will get Britain growing by investing in a better future, quicker.
A Fantastic Opportunity: Treasury Analyst
We have an exciting opportunity for a Treasury Analyst to join us within the Strategic Planning team in Manchester. You will support the treasury function and be responsible for group’s cash management requirements. This will involve managing and reporting on the group’s short to medium term cash flow requirements, ensuring compliance with the group’s financing agreements and adherence to the group’s treasury policy.
* Manage the group’s short to medium term cash requirements and maintain a cash flow forecast to manage liquidity requirements;
* Identify opportunities for investing surplus cash to optimise returns whilst ensuring appropriate liquidity;
* Verbally contract liquidity fund transactions and money market deals with agreed bank counterparties;
* Manage the group’s short-term borrowing requirements under the group’s banking facilities;
* Ensure all interest and principal payments are made promptly and correctly on long term debt and derivatives via online banking systems;
* Correctly record all treasury transactions into the treasury system;
* Monitor credit risk of counterparties and manage the group’s exposures;
* Maintain the group’s bank mandates;
* Always ensure compliance with the board approved treasury policy;
* Produce weekly and monthly treasury management information, containing cash, liquidity, and market data;
* Assist with other ad-hoc projects within the Corporate Finance and Treasury team;
* Assist with the ongoing integration of the group into the ScottishPower and Iberdrola groups following the recent acquisition.
The successful candidate must, at the start of employment have permission to work in the UK without sponsorship.
What we’re looking for
We welcome applications from individuals with diverse backgrounds and experiences who meet the following criteria:
* Degree level education, in a numerate, finance or economics-based subject
* Part newly qualified in AMCT, CIMA or ACCA
* Experience gained in a large corporate finance environment
* Have strong analytical and numerical skills with the ability to logically process and interpret data;
* Have a willingness to learn new systems and develop your own skills and business knowledge;
* Are proficient in IT and the use of computer applications, including Treasury Management Systems and Bloomberg;
What we’re offering
We value your expertise.In return, you’ll receive:
* An annual bonus scheme
* 25 days annual leave increasing with length of service
* Private Healthcare
* An employee rewards portal offering discounts on several well-known brands
* A market-leading contributory pension scheme
* Employee assistance programme
* Opportunity for professional development through our L&D function.
Our Commitment to Inclusion
We’re proud to foster a workplace where everyone can thrive. We celebrate diversity and are committed to building a team that reflects the communities we serve. We believe that embracing our differences makes us stronger.
If you need any adjustments or support during the application process, please contact our Recruitment Team at careers@enwl.co.uk or call 0845 366 0092 (option 2).
Any offer made will remain conditional until pre-employment checks are complete to a level deemed satisfactory by SP Electricity North West. Due to the of this role, the following pre-employment checks will be required; references from previous employers, a Medical Appointment, Disclosure and Barring Service (DBS), Financial checks, and a Drug & Alcohol test.
We reserve the right to close this vacancy early.
We don't accept speculative CVs from agencies. Any received we will assert ownership of the candidate and no fee will be payable