Treasury Analyst - Fixed Term Contract

About Us

We are Ocado Group, and we're bringing world-class automation to online grocery. Our Ocado Smart Platform (OSP) combines cutting-edge robotics, AI, and IoT within our advanced CFCs. We've mastered the single pick, transforming online delivery for our global partners. Join us and be part of a team pushing the boundaries of retail technology.

About the Role

Ocado’s Treasury team oversees developing and implementing Treasury strategy and managing financial risks. This includes trading in capital (debt/equity) and other financial markets, running Front and Back Office activities, and managing the Treasury Management System (Kyriba).

The Treasury Analyst (Back Office) is a key member of the Back Office Treasury department, responsible for the settlement, confirmation, bank clearing, and monthly bank account reconciliation of all Ocado entities with Fusion ERP. This role involves mapping Treasury accounting files from Kyriba into Fusion.

The Treasury Analyst (Back Office) ensures that all bank transactions (receipts and payments) are accurately reconciled and accounted for on a timely basis across all Ocado Group’s bank accounts according to defined Service Level Agreements, as reported via a suite of KPIs.

The team also delivers monthly Bank Account vs GL reconciliations, ensuring any reconciling items are flagged and actions to clear them are identified.

The Treasury Analyst (Back Office) reports directly to the Treasury Back Office Lead.

Key Responsibilities:

• Prepare bank reconciliations and payment monitoring promptly and accurately.
• Understand and escalate open bank clearing items to ensure prompt resolution.
• Ensure bank clearing activities comply with Group Finance policies and practices.
• Confirm and settle Front Office transactions.
• Manage company card schemes, including setup, decommissioning, reconciliations, and changes.
• Handle regulatory reporting (KYC, UBO declarations) and other tasks as delegated by the Director of Treasury or Back Office Lead.
• Process Oracle journal entries to support the monthly closure of accounting books and bank records.
• Control treasury spending, including raising POs, logging costs, and maintaining documents.
• Ensure high-quality preparation and review of bank reconciliations for cash and cash clearing accounts, providing commentary as needed.
• Support external audit requests with necessary bank reconciliation evidence.
• Own the administration of Company Card schemes including initial set up, decommissioning, limit changes along with any required reconciliations.

About you

• Performing cash/bank reconciliations in a high volume, fast changing organisation
• Experience of working in a global organisation with multiple currencies
• Ideally post graduate, studying towards Treasury (ACT) or Accounting (AAT, ACCA, CIMA) qualifications
• Working knowledge of Oracle Fusion or other similar ERP systems
• Experience using with Kyriba (Treasury Management System) on a day to day basis will be a major advantage
• Working knowledge of Oracle Cash Management or other similar high volume reconciliation tools

What we offer

We believe in supporting our people with meaningful, flexible benefits that prioritise well-being and work-life balance. Here’s a snapshot of what you can expect:

• Time to recharge:
  25 days annual leave (rising to 27 after 5 years), plus the option to buy more – and 30 days a year to work from anywhere in the world.
  
  
• Health & wellbeing:
  Private Medical Insurance from your first month, wellbeing support through specialist apps and EAP, plus Income Protection and Life Assurance.
  
  
• Family-first policies:
  22 weeks paid maternity/primary carer leave and 6 weeks paid paternity leave (after qualifying period).
  
  
• Financial support:
  Pension with employer matching up to 7%, share schemes (Sharesave & BAYE), and interest-free loans for train tickets.
  
  
• Commuter perks:
  Cycle to Work Scheme and free shuttle buses to/from Hatfield and Welwyn Garden City stations.
  
  
• Exclusive discounts:
  15% off at Ocado.com with free delivery (starting in your first month).

Ocado Group is an equal opportunities employer and as such makes every effort to ensure that all potential employees are treated fairly and equally, regardless of their sex, sexual orientation, marital status, race, colour, nationality, ethnic or national origin, religion or belief, age, or disability or union membership status.