Senior Treasury Analyst

Bristol, United Kingdom
10 days ago
Full time role


OVO Energy is an independent energy technology company and supplier. The company was launched in 2009. OVO Energy is set ...

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Job Description

We’re making zero carbon happen

We’re OVO Group, a big family of companies united by a single vision: to get to zero carbon, fast. 

We call this Plan Zero – and it shows how we’ll be fighting the climate crisis and transforming the way people use energy over the next decade. To do this, we need the sharpest minds. Are you up for the challenge?

Do great green things with OVO Energy

So much has changed since we launched in 2009.  Our goal remains the same though: make energy cheaper, greener, and simpler. Just as it was on day one.

Everyone belongs at OVO

Our aim is to build a diverse and inclusive movement: teams of brilliant people, with unique talents, skills, passions, and experiences. 

We encourage everyone to join us, whatever your gender identity, race, ethnicity, sexual orientation, age, life experience, or background. So please come as you are – we can’t wait to meet you.

Where in the world of OVO will I be working?

You will be working within the OVO Retail Finance Team. The OVO Retail Finance Team’s objectives are:

  • Financial Control; to ensure OVO's resources are directed, monitored and measured in an accurate and timely manner and to maintain a ‘No Surprises Environment’
  • Financial Planning; to allocate future resources beneficially to Ovo and to introduce a clear method to achieve these plans
  • Strategy; to help build and execute an action plan and to drive OVO to its long term objectives.

This role is within the OVO Capital Allocation team and will report into the Treasury and Cashflow Manager.  The role will support the objectives of the Treasury team to ensure there is effective control and efficient use of OVO’s cash resources.  There will be a real focus on ensuring clear visibility and accuracy of OVO cash forecasts.  The Treasury team are responsible for monitoring/accounting for approx. £6bn of customer receipts per year as well as processing over £5bn of supplier payments.

What will I be doing?

The role will involve:

  • Liaising with teams across the business to own and maintain an accurate daily cash forecast and support the optimisation of the daily cash position.
  • Provide daily updates to Senior management on cash position, covenant headroom and key working capital and cash management levers
  • Continued development on the automation of cash reporting
  • Deliver variance analysis and insight against previous forecasts to improve forecasting accuracy
  • Drive continuous improvements to short and long term cash forecasting processes and models
  • Working closely with and provide ongoing support for Treasury Assistants
  • Input to improving Treasury processes, procedures, and opportunities to improve other core Treasury activities
  • Act as key point of contact for banking relationships, bank mandates and banking access/admin
  • Collaborating with Controls team to develop and implement a framework of key treasury procedures and controls

Is this the job for me?

What we are looking for…

  • Qualified accountant (ACA/ACCA/CIMA) or Treasury Qualification
  • Proven experience of a similar role (2+ years) ideally in the Energy industry
  • You are someone who strives for accuracy, is detail-oriented and takes full ownership of the work you are responsible for.
  • Excellent communication skills to interact with key stakeholders and teams throughout the business and externally.
  • You have a proven track-record in excel-based modelling and cash flow forecasting.
  • Exceptional analytical skills with the ability to challenge.
  • Self-motivated and self-starter with a ‘can do’ attitude.
  • Strong work ethic, dynamic and enthusiastic to strive for highest levels of accuracy
  • You should be diligent with a preference for attention to detail, and be willing to dig and investigate at depth to resolve problems.
  • You should also be team-oriented with a willingness to help colleagues investigate issues.

Brilliant benefits for a world-changing team

Our people are at the heart of Plan Zero. That’s why we offer plenty of green benefits and progressive policies to make you feel at home.

For starters, you’ll get 34 days of holiday (including bank holidays).

Then there’s Flex Pay. It’s an extra 9% of your salary on top of your core pay to use as you like. You can take it as cash, add to your pension, or choose to spend it on a huge range of flex benefits.

Here’s a taster of what’s on offer:

For your health
With benefits like a healthcare cash plan or private medical insurance depending on your career level, critical illness cover, life assurance, health assessments, and more

For your wellbeing
With gym membership, gadget, travel and cyber insurance, workplace ISA, will writing services, DNA testing, dental insurance, and more

For your lifestyle
With extra holiday buying, discount dining, culture cards, tech loans, and supporting your favourite charities with give-as-you-earn donations

For your home 
Get up to £300 off any OVO Energy plan (when you pay by Direct Debit), plus personal carbon offsetting and great discounts on smart thermostats and EV chargers

For your commute
Nab a great deal on ultra-low emission car leasing, plus our cycle to work scheme and public transport season ticket loans 

Want to hear about our full range of flexible benefits and progressive people policies? Our People Team can tell you everything you need to know.

Oh, and one last thing...

We’d be thrilled if you tick off all our boxes yet we also believe it’s just as important we tick off all of yours. And if you think you have most of what we’re looking for but not every single thing, go ahead and hit apply. We’d still love to hear from you!

OVO Energy is an independent energy technology company and supplier. The company was launched in 2009. OVO Energy is set ...

View Company Profile