Powered by Water, Driven by Purpose
At Pennon Group, we're proud to serve communities while protecting the environment. Together with our subsidiaries, South West Water, Bristol Water, Bournemouth Water, SES Water, Pennon Water Services and Pennon Power, we're leading the way in water and renewables.
We're proud to be recognised as a leader in the UK water sector, working towards a greener future. Our goals? As well as lowering our carbon footprint, we're working with partners to plant 300,000 trees, restore peatlands and supporting farmers and landowners to improve water quality and wildlife.
Whether you're starting out or seeking a new challenge, our scale and ambition create opportunities for you to shape your own career.
Ready to make a splash? Join our team today.
Pennon Group is seeking an experienced Treasury Manager to oversee the back-office function of our busy Treasury team. You will manage a c.£5bn debt portfolio, ensuring smooth execution of payments, robust governance, and timely, accurate reporting.
This is a hands-on role with the opportunity to develop the team, optimise processes, and contribute to treasury policy and strategic initiatives. It's an ideal stepping stone to a Deputy Treasury position supporting the Group Treasurer.
Key Responsibilities Maintain and implement the Group Treasury Policy
Ensure adherence to group procedures and regulatory requirements
Lead and develop the Treasury Operations team
Deliver month-end, half-year, full-year, and regulatory reporting
Prepare analysis and presentations for CFO and Group Treasurer
Conduct going concern and credit rating analysis
Manage derivatives, interest forecasting, debt optimisation, and lease portfolios
Oversee intercompany loans and subsidiary interest allocation
Monitor and maintain the Group debt schedule
Experience & Qualifications
Required: Experience managing a busy treasury operations function
Strong knowledge of TMS and banking platforms
AMCT qualification
Desirable: Professional accountancy qualification ( CIMA, ACCA, ACA )
What's in it for you: 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
Closing Date: 20th March 2026
Please note that the successful candidate will be subject to a mandatory DBS check as part of the onboarding process. We welcome and encourage applications from all qualified candidates. Please note that we reserve the right to close this advert early.
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.
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