P&O Ferries are proudly part of the DP World family; with over 150 different businesses across over 40 countries and are a world leading enabler of global trade.

A household name for over 180 years, P&O Ferries have a rich heritage in ferry services. Our ships sail across the English Channel, North Sea & Irish Sea and we employ almost 2000 people.

The Treasury & Banking Manager will be responsible for overseeing the company’s cash management, banking operations, liquidity planning, and treasury strategy. The role ensures that the business maintains optimal liquidity, efficient banking structures, and robust controls, while supporting financing activities and risk management. This position reports to the Finance Director and works closely with the wider finance team and external banking partners.

Location: Woking

Key responsibilities:

Treasury & Cash Management

• Monitor daily cash positions and ensure adequate liquidity across all group entities.
• Develop and maintain reliable, robust and accurate rolling cash flow forecasts, identifying funding needs and surpluses.
• Manage short-term investments and debt instruments to optimise returns and minimise risk.
• Ensure efficient intercompany funding and cash pooling arrangements.

• Liaise effectively with the CFO, FD, Subsidiaries and Dubai (shareholder) Treasury teams on all Treasury matters

Banking & Operations

• Manage and maintain all banking relationships, accounts, and mandates.
• Oversee bank account openings, closures, and compliance with KYC/AML requirements.
• Negotiate banking fees, facilities, and service agreements to achieve cost efficiency.
• Review and approval of monthly bank reconciliations prepared by Banking clerks
• Ensure banking systems and platforms are effectively used, secure, and integrated with ERP/finance systems (future state)
• Develop an understanding of monthly receipt and payment profiles to effectively understand funding needs across the group
• Understand and monitor working capital requirements actively, balancing receipts with supplier payments, maximising cash surplus’ where possible

Risk & Compliance

• Implement treasury policies and internal controls in line with best practice and regulatory requirements.
• Monitor foreign exchange, interest rate, and liquidity risks; propose and execute hedging strategies where appropriate, including supporting the processes associated with EUAs (carbon credits) and similar.
• Ensure compliance with group treasury policies, IFRS reporting requirements, and audit processes.

Financing & Strategic Support

• Support capital raising, financing requirements, and debt covenant compliance.
• Provide treasury input into business planning and investment decisions.

Leadership & Collaboration

• Supervise banking clerks where applicable.
• Collaborate with accounting, tax, and operational teams to ensure alignment of cash management with business strategy.
• Act as the key contact for banks, credit rating agencies, and external advisors on treasury matters.

Key skills & experience:

• Minimum 5–8 years’ experience in corporate treasury, banking, or related finance roles.

• Strong knowledge of treasury operations, banking products, cash management, and FX/interest rate risk management.

• Experience in managing banking facilities and stakeholder relationships.

• Proficiency in treasury management systems (TMS), ERP systems, and advanced Excel.

• Excellent analytical, problem-solving, and communication skills.

• Strong attention to detail and learning mindset

• Collaborative energy and “can do” attitude

• Management experience

At P&O Ferries we want you to be you. Not only will that make us stronger but will allow us to bring authenticity to everything we do. We know our customers come from all walks of life and so do our employees. We are all about connecting the world and that starts with finding connections with who you work with.

When we recruit, we want to you to bring your whole self to work, and we are working towards increasing diversity across all of our employees. We know we cannot be the best unless we recruit the best regardless of race, gender, sexual orientation, gender identity or expression, lifestyle, age, educational background, national origin, religion, or neurodiversity. #pando