Treasury Supervisor

University of Glassgow
July 22, 2024
Offerd Salary:£32,332 - £36,024
Working address:N/A
Contract Type:Open-ended
Working Time:Full time
Working type:N/A
Ref info:N/A
Treasury Supervisor

Job Purpose

- To provide support to the Treasury and Commercial Manager, by efficiently and effectively managing the two treasury analysts, ensuring the daily, weekly and monthly operational treasury activities are completed on time and to a high standard. - Ownership and delivery of all aspects of treasury reporting to the Treasury Manager and Head of Finance Tax, treasury and Reporting. - To support the wider Tax, Treasury and Reporting team with completion of month end activities, purchasing and journal entry. - To provide services to the wider University population in a customer focussed way, in line with our service excellence agenda.

Main Duties and Responsibilities

Team Management

- Management of treasury analysts and the oversight and control of the treasury mail-box – allocation of queries and incoming messages to team members ensuring timely response of all queries (SLA of 5 days).

- Management of work amongst Treasury Assistants with input from Treasury & Commercial Manager.

- Ensure the FX rates are updated daily in the financial ledger, and cross checking those entered by a team member.

- A key member of the finance team you will lead by example and motivate, ensuring behaviours and attitudes reflect University values. In doing so promote a continuous improvement approach and demonstrate a culture of ownership and accountability to ensure the delivery of excellent services.

- Delivery of annual objective setting that are aligned to the overall Finance goals, with ongoing management of achievements captured and documented via the P&DR process.

- Development of a high performing team, providing direction and feedback on performance and objectives.

- Deliver regular Team Meetings to ensure effective communication, disseminate key messages as appropriate, and provide a forum for Team to escalate any issues.

- Management of team workload to ensure that there is sufficient cross team coverage for key tasks, removing any key person dependencies, through developing and maintaining appropriate training materials and actively managing team depth charts and training, including robust on-boarding training schedule.


- Contribute to service improvement to assist the Treasury and Commercial Accounting Manager to document, update and improve the existing cash and treasury policies and procedures on an ongoing basis.

Focal Point

- Act as main point of contact for Accounts Payable and Accounts Receivable teams for treasury matters, ensuring business as usual / routine issues are dealt with promptly by the treasury assistants but where the issues are complex / ad hoc in nature then the Treasury Supervisor will use their expert knowledge to resolve or escalate in a timely manner.

- Build Relationship with the University's operation banks for transactional queries in relation to RFIs for outgoing payments or queries re. incoming payments, working in collaboration with Finance ops management to ensure a swift and timely resolution.

- Accountable and Responsible for the control of the University's several banking and money market online platforms. Ensuring the access and approval authorisations are up to date and appropriate for the University to function in a controlled financial manner in line with the University's treasury management policy.


- Preparation of bank reconciliations for the University's high volume transactional accounts, Ensuring timely investigation of reconciling items and maintaining lines of communication with relevant teams e.g. accounts payable and receivable either through calls/ meetings or emails, or SharePoint.

- Supervision of bank reconciliation progress throughout the month for all transactional accounts – HSBC group facility accounts and Handelsbanken transactional accounts.

- Preparation of month-end reconciliations for Money Market Fund accounts and other investment accounts.

- Communicate with other teams in order to obtain their reconciliations and to clear reconciling items in the Tax, Treasury and Reporting team's reconciliations.

Month End / Reporting

- Calculating and posting monthly interest receivable accrual.

- Assist Treasury & Commercial Accounting Manager with preparation and processing of bi-annual bond interest payments to bond holders.

- Treasury Supervisor will be responsible for collating, editing and validating information for review by the Treasury and Commercial Accounting Manager prior to submission to external organisations such as banks , external and internal auditors.

- Using analytical skills for recording and reporting of income for Scottish Funding Council/Office for National Statistics purposes.

- Use of analytical skills to define, develop and refine data for monitoring KPIs in relation to the monthly financial reporting process And performance of team against targets.

- Prepare and issue weekly cash report to Director / Deputy Director of Finance.

Group's Financial Covenants

- Accountable for the accurate and timely preparation of all calculations regarding the University's financial covenant compliance requirements relating to the £245m of private placement bonds.

- Excellent organizational skills are required to ensure there are no delayed reports or late payments that could have significant financial impact to the University.

- Payments of interest biannually £3.5m.

- Complying with covenants quarterly reporting to banks.

- Sending documentation as stated in the agreement to banks and bondholders, within strict timescales.


- Assist the Treasury and Commercial Manager with the provision of information as required to the external and internal auditors.

- To undertake any other duties required by the Treasury and Commercial Manager or other line management.

- Maintain the contents register for the Finance Office for insurance purposes.

Knowledge, Qualifications, Skills and Experience



A1 Ability to demonstrate the competencies required to undertake the duties associated with this level of post having acquired the necessary knowledge and skills through personal development and progression in a similar related role.

A2 Scottish Credit and Qualification Framework level 8 (SVQ level 4, HND) or equivalent, and experience of personal development in a similar role.

A3 Detailed knowledge of finance procedures, such as bank reconciliations.

A4 Detailed knowledge of Treasury Management policies.

A5 Good knowledge of banking processes and management information systems.

A6 Excellent working knowledge of Microsoft Excel, Word , PowerPoint, and Outlook.


B1 Part-Qualified or Qualified by experience in Accounting



C1 Ability to learn and understand new, specialist and complex technical concepts, information, and procedures;

C2 Proven problem solving & analytical skills

C3 Ability to demonstrate an understanding of operational requirements, including conceptualising and interpreting service requirements

C4 Excellent communication skills with the ability to confidently persuade, influence and articulate financial processes and procedures to staff and senior managers in a clear straightforward manner.

C5 Excellent organisational skills with the ability to plan and prioritise workload to deliver to tight deadlines and manage competing demands from various stakeholders;

C6 Ability to use initiative and exercise judgement to resolve issues;

C7 Self-motivated and a desire to learn with the ability to work independently.



E1 Detailed Knowledge and experience of financial procedures gained through attaining or working towards a recognised accountancy qualification.

E2 Experience of providing clear and high quality information, advice and guidance to stakeholders.

E3 Experience of working independently and resolving unforeseen issues and challenges.

E4 Relevant experience of working in a busy and high volume finance transactional environment.

E5 Experience of dealing effectively with a range of stakeholders, internal and external, using initiative to proactively resolve problems arising.

E6 Experience of and proven ability to work to tight deadlines.

E7 Experience of supervising or managing a team.


F1 Experience of using Agresso accounting software.

F2 Experience of working in a treasury role.

Terms and Conditions

Salary will be Grade 6, £32,332 - £36,024 per annum.

This position is full time (35 hours p/w) and open ended. Relocation assistance will be provided where appropriate.

As part of Team UofG you will be a member of a world changing, inclusive community, which values ambition, excellence, integrity and curiosity.

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. 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., 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.

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.

We endorse the principles of Athena Swan https: // www. 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. for more information.

Vacancy Ref : 150090 Close Date : 22-Jul-2024 23:45

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