Treasury Analyst

Treasury Analyst

Scottish Power HQ, Glasgow (hybrid)

Salary starting from £40,000 + up to 10% bonus and single cover private medical

Permanent, full-time position

Closing Date:
Monday 2nd of March 2026

Help us create a better future, quicker

As a Treasury Analyst at Scottish Power, you will play a central role in supporting our ability to deliver a cleaner, greener and more resilient energy future.

This role is ideal for someone who is analytical, curious, and thrives in a fast-paced corporate treasury environment.

In this role, you will deliver accurate cash flow forecasting across multiple entities, manage daily cash positioning, and support the efficient deployment of cash to minimise borrowing and maximise value.

You’ll work closely with finance teams, maintain strong relationships with banking partners, and ensure adherence to treasury policies and controls.

You will also provide cover for FX trading and the preparation of guarantees, support treasury reporting and KPI tracking, and contribute to ongoing system and process improvements within a strong regulatory and audit framework.

Cash Flow Forecasting

• Prepare short-term and medium-term cash flow forecasts across multiple entities

• Monitor variances between forecast and actuals, providing analysis and recommendations

• Collaborate with finance teams to ensure accurate input of data and variance analysis

Cash Management

• Manage daily cash positioning and ensure sufficient liquidity for operational needs

• Optimise use of surplus cash and minimise borrowing costs

• Maintain relationships with banking partners

• Support compliance with internal controls and treasury policies

FX Trading & Guarantees (Cover Role)

• Execute FX trades in line with approved policies when required

• Monitor FX exposures and assist in hedging strategies

• Prepare and process bank guarantees and letters of credit as required

Other Duties

• Assist with treasury reporting and KPI tracking

• Support treasury systems and process improvements

• Ensure compliance with regulatory and audit requirements

• Degree in finance, accounting, economics, mathematics or a related discipline preferred

• Experience in treasury, finance, banking or accounting (corporate treasury experience desirable but not essential)

• Strong analytical skills with excellent attention to detail

• High proficiency in Excel and data analysis

• A proactive, solutions focused mindset

• Ability to collaborate effectively with internal and external stakeholders

• Commitment to ongoing learning and an interest in deepening treasury expertise

• Degree in Finance, Accounting, Economics, Mathematics, Business or a related discipline

• Understanding of cash management processes, bank account operations, and liquidity principles

• Basic understanding of FX markets, exposures, and trading mechanics (training can be provided)

• High proficiency in Excel (e.g., formulas, pivot tables, data manipulation)

• High level of integrity, reliability, and accountability

As well as a competitive salary which is reviewed annually, you can also enjoy a number of other benefits. With our pension scheme, we’ll double match your contribution up to a company contribution of 10%.

At Scottish Power, we believe it's the little things we do in life that make a big difference. From helping you look after your family's wellbeing, save for your future and take personal steps for climate action - our benefits are designed to help you do just that - so that you have everything you need to take care of your world - today and tomorrow.

That's why our benefits include:

• 36 days annual leave

• Holiday Purchase - perfect your work/life balance with extra annual leave

• Share Schemes

• Payroll Giving and Charity Matched Funding

• Technology Vouchers - save more and spread the cost of your technology purchases

• Electric Vehicle Schemes - to help you transition to green/clean driving

• Cycle to Work scheme and Public Transport Season Ticket Loans

• Healthcare benefit options including:
  Dental Insurance, Private Medical Insurance, Health Cash Plan and annual Health Assessments

• Life Assurance (4x salary)

• Access to Savesmart financial wellbeing support

• Plus shopping, leisure,…