Senior Treasury Manager - UK

<div>&nbsp;</div> <div><strong data-olk-copy-source="MessageBody">Location: London<br>Type: Full-time</strong></div> <div>&nbsp;</div> <div> <div data-olk-copy-source="MessageBody">BW ESS is seeking an experienced Senior Treasury Manager to take ownership of the Group's treasury activities across its international corporate entities, project SPVs and joint ventures.</div> <div data-olk-copy-source="MessageBody">&nbsp;</div> <div>As BW ESS continues to grow, the complexity and importance of treasury is increasing materially. This role will bring together activities currently undertaken across different parts of the organisation, establish clear ownership and controls, and build a scalable treasury capability for the Group.</div> <div>&nbsp;</div> <div>This is a senior, hands-on role for someone who can both design the right treasury framework and make sure it operates effectively day to day. We are looking for candidates with real ownership experience in complex, multi-entity, multi-currency environments, ideally gained in energy, renewables, infrastructure, utilities or another project- and SPV-based business.</div> <div>&nbsp;</div> <div> <div><strong data-olk-copy-source="MessageBody">About BW ESS</strong></div> <div>BW ESS is a global energy storage owner-operator, moving with speed to develop, deliver and operate market-leading projects.&nbsp;The business is active in the UK, Australia, Italy, Germany, Spain, and Sweden. It has more than 540MWh of operating Battery Energy Storage Systems (BESS), with ~12GWh under construction and a development pipeline of several gigawatts.</div> <div>&nbsp;</div> <div>Part of BW Group, BW ESS builds on decades of global infrastructure experience, takes a long-term view of projects and partnerships, and focuses on unlocking value throughout the energy storage asset lifecycle.</div> </div> </div> <div>&nbsp;</div> <div>To find out more, visit: <a href="https://bw-ess.com/">https://bw-ess.com/</a></div> <div>&nbsp;</div> <div> <div><strong data-olk-copy-source="MessageBody">The Role</strong></div> <div>Reporting to the Director of FP&amp;A and Treasury, you will work closely with the CFO, Strategic Finance, Portfolio FP&amp;A, Accounting, Tax, Investments, Legal and project teams, as well as BW Group and the Group's banking counterparties.</div> <div>&nbsp;</div> <div>You will be responsible for Group cash and liquidity management, credit support, FX and hedging operations, cash investment, banking and treasury facilities, treasury governance and treasury systems.</div> <div>&nbsp;</div> <div>Your objective is to replace fragmented activity with a coherent Group treasury capability: giving management reliable visibility of cash, liquidity and treasury risk, ensuring cash and credit resources are deployed efficiently, strengthening controls and banking infrastructure, and building processes and systems that scale with the business.</div> <div>&nbsp;</div> <div><strong>Key Responsibilities</strong></div> <ul> <li> <div>Cash management: own the consolidated Group cash position across corporate entities, project SPVs, joint ventures, accounts and currencies, including restricted and unrestricted cash, intercompany funding, equity contributions and distributions, and ensuring the right cash sits in the right entity, account and currency ahead of material payment obligations.</div> </li> <li> <div>Liquidity management: own the Group liquidity position and rolling forecast, consolidating inputs from Portfolio FP&amp;A, Accounting, Investments, Strategic Finance and project teams, and providing forward-looking analysis of requirements, constraints, surpluses and funding needs across multiple currencies and jurisdictions.</div> </li> <li> <div>Credit support: own the portfolio of bank guarantees, parent-company guarantees, letters of credit and other contingent exposures, managing issuance, amendment, renewal and cancellation, and monitoring utilisation, expiries, fees, collateral and facility headroom.</div> </li> <li> <div>FX management: own the consolidated view of forecast and actual FX exposures across development, construction, operations and corporate activity, maintain the Group's FX framework, recommend hedging actions, and execute approved transactions within delegated authorities.</div> </li> <li> <div>Cash investment: manage surplus cash within approved policies and counterparty limits, optimising deposit arrangements, managing counterparty exposure and diversification, and negotiating terms to improve returns while preserving liquidity.</div> </li> <li> <div>Hedging operations: own the operational management of FX and interest-rate derivatives, including execution, confirmation, settlement, records of hedges and maturities, collateral and threshold monitoring, and treasury inputs into valuation, accounting and reporting.</div> </li> <li> <div>Banking and facilities: act as principal treasury relationship owner for cash-management and transaction banks, maintain the Group's banking architecture (accounts, mandates, signatories, access, KYC and documentation), own treasury-related facilities, and support complex funds flows for acquisitions, disposals, financings, refinancings and project financial close.</div> </li> <li> <div>Controls, policy and governance: own treasury policies, procedures, delegated authorities and the control framework, ensure transactions are authorised, documented, reconciled and auditable, monitor compliance with policy and counterparty limits, and report to senior management and governance forums.</div> </li> <li> <div>Systems and transformation: define the future treasury operating model, lead Treasury's contribution to the Group's ERP implementation, drive automation of cash visibility, forecasting, payments and bank-statement collection, and assess the role and timing of a dedicated Treasury Management System.</div> </li> </ul> <div><strong>Required Skills and Experience</strong></div> <ul> <li> <div>10+ years' relevant experience in corporate treasury, infrastructure, energy, banking or a closely related finance role.</div> </li> <li> <div>Demonstrable experience taking ownership of treasury activities in a complex, multi-entity, multi-currency organisation.</div> </li> <li> <div>Strong practical experience across cash and liquidity management, FX, banking, credit support and treasury controls.</div> </li> <li> <div>Experience managing senior relationships with banks and other financial counterparties.</div> </li> <li> <div>Strong understanding of treasury risk management, with the ability to translate financial exposures into practical recommendations and actions.</div> </li> <li> <div>Ability to operate effectively across multiple legal entities, jurisdictions, currencies and stakeholders.</div> </li> <li> <div>Strong judgement and the confidence to identify issues, challenge existing practice and recommend solutions to senior management.</div> </li> <li> <div>Comfortable working hands-on while building more scalable processes, controls and systems.</div> </li> <li> <div>Strong analytical capability and the ability to communicate complex treasury issues clearly and concisely.</div> </li> <li> <div>ACT, ACA, ACCA, CIMA or equivalent professional qualification preferred.</div> </li> </ul> <div><strong>Preferred Experience</strong></div> <ul> <li> <div>Energy, renewables, infrastructure, utilities or another project- and SPV-based business.</div> </li> <li> <div>Treasury within a business undergoing rapid international growth.</div> </li> <li> <div>Project finance, including restricted cash, reserve accounts and project-level funding structures.</div> </li> <li> <div>Bank guarantees, letters of credit, parent-company guarantees and other project credit support.</div> </li> <li> <div>FX and interest-rate derivatives, including ISDA-governed arrangements.</div> </li> <li> <div>ERP, Treasury Management System or wider finance-transformation implementation.</div> </li> <li> <div>Cash pooling, bank connectivity, automated payments and treasury reporting.</div> </li> <li> <div>Acquisition, disposal, refinancing and complex transaction funds flows.</div> </li> </ul> <div><strong>Why Join BW ESS?</strong></div> <div>This is an opportunity to join a fast-moving global energy storage owner-operator at a pivotal point in its growth, and to build the Group's treasury capability from a position of genuine ownership.</div> <div>&nbsp;</div> <div>If you are an experienced treasury professional who enjoys combining framework-building with hands-on delivery in an international, project-based business, we would like to hear from you.</div> <div>&nbsp;</div> <div><strong>Equal Opportunity</strong></div> <div>BW ESS is committed to building a high-performing, inclusive team and welcomes applications from candidates of all backgrounds</div> </div> <p>&nbsp;</p><div class="content-conclusion"><p><span data-olk-copy-source="MessageBody">Your personal information will be processed in accordance with our <a href="https://bw-ess.com/bw-ess-candidate-privacy-notice" target="_blank">Recruitment Privacy Notice</a>.</span></p></div>

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