Please note this vacancy is only open to current University of Glasgow employees.

Job Purpose

This role is to support the Treasury Manager in the management and leadership of the Treasury Function in ensuring the delivery of service excellence to both internal and external customers, whilst delivering exceptional value to enable the University to meet its strategic goals and remain financially sustainable.

This role will also be a key contributor to driving forward and embedding a programme of process improvement by challenging the status quo of existing Treasury processes and procedures.

Main Duties and Responsibilities

1. Manage the University’s banking function

• Build and manage relationships with the University’s operational banking institutions and act as the key point of contact for all operational matters

• Responsible for the administration of the Group’s banking relationships, ensuring mandates are kept up to date, KYC requests are responded to on time, accounts are opened and closed ensuring compliance with Treasury Policy and apply expertise to ensure online banking is administered in accordance with best practice

• Act as a signatory on the University and subsidiary bank mandates and as an authorised approver for electronic banking, ensuring daily payments are approved on time

2. Management of treasury activities

Responsible for the service delivery of the treasury function, ensuring compliance with the University’s treasury management policy, including:

• Management of cash balances and liquidity to ensure adequate cash is available to meet operational needs. Maximise the returns on cash balances by investing cash in accordance with the Treasury Policy

• Responsible for the annual review and sign off, of the Treasury Control Framework and standard operations procedural documentation ensuring it remains fit for purpose

3. Manage and develop operational banking processes

Responsible for developing and managing operational banking:

• Evaluate existing processes and controls. Identify, implement, and evaluate improvements across the function in order to improve efficiency and a best practice control environment

• Develop and lead on communication channels between the Treasury function and other key finance teams such as accounts receivable, accounts payables and college finance teams, in order to more effectively service the university

• Ensure all bank account reconciliations are completed by the team in a timely manner and that reconciling items are followed up and brought to resolution

4 Lead and manage the Treasury team

Lead, motivate and develop team members:

• Plan and manage team activity in the short, medium and long term, ensuring activity and plans align to the Finance Strategy

Responsible for developing the skills and capabilities of the team through effective recruiting, coaching, training and mentoring, working closely with the Treasury Manager to build robust succession plans

• Role modelling and embedding the university values in the team, creating a positive, efficient and effective team culture, focused on continuous improvement and delivering for our stakeholders

5. Treasury reporting and policy updates:

Responsible for Treasury reporting requirements:

• Prepare monthly reports for senior management, and quarterly input to Finance Committee Papers, including insight, analysis and commentary

• Responsible for robust metrics reporting to the Finance Leadership Team including insight, analysis and commentary

6. University Endowment Investments

• Ensure that the monthly accounting reconciliation and reporting requirements for the University’s Endowment Investments is timely and accurate for the Investment Advisory committee and Finance committee, liaising with Fund managers and custodians as required

7. Compliance with obligations under borrowing agreements

• Preparation of Financial Covenant requirements

8. Other responsibilities

• Responsible for responding to internal and external audits

• Applying financial expertise and experience, contribute to the University’s new ERP system implementation as regards cash management and treasury activities with advice, guidance on best practice and policy

• Other activities as may be reasonably required by line management

Knowledge, Qualifications, Skills and Experience

Knowledge/Qualifications

Essential:

A1 Either: Ability to demonstrate the competencies required to undertake the duties associated with this level of post having acquired the necessary professional knowledge and management skills in a similar or number of different specialist roles. Or, Scottish Credit and Qualification Framework level 9, 10 or 11 (Ordinary/Honours Degree) or equivalent.

A2 Professionally qualified with a relevant professional accounting qualification (CA, ACCA, or CIMA).

A3 Excellent working knowledge of Microsoft Excel, Word and PowerPoint.

Desirable:

B1 Treasury qualifications or experience.

Skills

Essential:

C1 Excellent planning and organisational skills.

C2 Ability to prioritise, manage the workload of self and others to deliver to tight deadlines and manage competing demands from various stakeholders.

C3 Ability to identify process and control weaknesses, influence, make recommendations and implement solutions to resolve these areas.

C4 Ability to apply intellectual rigour and analytical insight to support qualitative decision making.

C5 Highly effective oral and written communication and interpersonal skills with the ability to challenge assumptions and practices with diplomacy.

C6 Strong problem solving skills and an ability to explain accounting concepts to non-qualified finance team members.

C7 Resilient and able to effectively deal with ambiguity and able to maintain momentum in the face of obstacles/setbacks.

C8 Advanced skills in the use of Microsoft packages such as Excel, Word, Visio, PowerPoint; and accounting software packages.

C9 Strong attention to detail.

C10 Proven ability to deliver against a programme of continuous process improvement.

C11 Strong leadership and management skills with ability to motivate and develop high performing teams.

Experience

Essential:

E1 Significant experience of working in a fast paced, deadline driven environment at a management or professional level.

E2 Experience of building strong, effective and credible working relationships with peers and senior leaders.

E3 Experience of implement and delivering process improvement.

E4 Experience of managing and developing a team.

E5 Significant experience of audit, financial accounting or financial controls.

Desirable:

F1 Experience of presenting and explaining financial and other data to both financial and non-financial colleagues.

F2 Experience of working within a large complex organisation.

Terms and Conditions

Salary will be Grade 8, £50,253 - £58,225 per annum.

This post is full time (35 hours p/w) and fixed term for up to 2 years.

Closing date: 1 September 2025

The University of Glasgow has a responsibility to ensure that all employees are eligible to live and work in the UK. If you require a Skilled Worker visa to work in the UK, you will be required to meet the eligibility requirements of the visa route to be assigned a Certificate of Sponsorship.

Please note that this post may be eligible to be sponsored under the Skilled Worker visa route if tradeable points can be used under the Skilled Worker visa rules. For more information please visit: https://www.gov.uk/skilled-worker-visa.

As a valued member of our team, you can expect:

1 A warm welcoming and engaging organisational culture, where your talents are developed and nurtured, and success is celebrated and shared.

2 An excellent employment package with generous terms and conditions including 41 days of leave for full time staff, pension - pensions handbook https://www.gla.ac.uk/myglasgow/payandpensions/pensions/, benefits and discount packages.

3 A flexible approach to working.

4 A commitment to support your health and wellbeing, including a free 6-month UofG Sport membership for all new staff joining the University  https://www.gla.ac.uk/myglasgow/staff/healthwellbeing/.

We believe that we can only reach our full potential through the talents of all. Equality, diversity and inclusion are at the heart of our values. Applications are particularly welcome from across our communities and in particular people from the Black, Asian and Minority Ethnic (BAME) community, and other protected characteristics who are under-represented within the University. Read more on how the University promotes and embeds all aspects of equality and diversity within our community https://www.gla.ac.uk/myglasgow/humanresources/equalitydiversity/.

We endorse the principles of Athena Swan https://www.gla.ac.uk/myglasgow/humanresources/equalitydiversity/athenaswan/ and hold bronze, silver and gold awards across the University.

We are investing in our organisation, and we will invest in you too. Please visit our website https://www.gla.ac.uk/explore/jobs/ for more information.