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Treasury Back Office Lead

Ocado GroupSofia, Bulgaria
On-site Full-time

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Experience Level

Manager

Qualifications

Qualifications and Requirements A solid background in Treasury operations, financial management, or a related field. Demonstrated experience in managing a Treasury Back Office function or similar. Strong analytical skills and attention to detail. Proficient in financial software and ERP systems, experience with Oracle Fusion is a plus. Excellent communication and interpersonal skills. Ability to work collaboratively in a fast-paced environment.

About the job

About Ocado Group

Ocado Group develops advanced AI and robotic engineering solutions that support some of the world’s most sophisticated fulfillment centers. The team drives ongoing international growth and technological innovation in retail logistics.

The company is launching a new Global Shared Service Centre in Sofia, Bulgaria. This center will become the strategic base for international finance and HR operations. Ocado Group is building the Treasury Back Office team from the ground up and looking for experienced leaders to join at this formative stage.

Role Overview: Treasury Back Office Lead

The Treasury Back Office Lead will manage the full Treasury Back Office function within the Sofia Shared Service Centre (SSC). This includes adapting and improving processes established in the UK. The role focuses on integrating treasury activities into the SSC, ensuring strong governance, and supporting both local and group-wide finance teams.

Main Responsibilities

  • Act as the main point of contact between SSC Finance teams and Group Treasury, ensuring all activities align with Treasury policies, controls, and priorities.
  • Oversee accurate, controlled, and timely execution of back office tasks such as reconciliations, settlements, and cash operations.
  • Embed treasury processes into the SSC structure while maintaining oversight from Group Treasury.
  • Promote standardization, efficiency, and automation across treasury and related SSC finance processes.
  • Work closely with the Treasury Front Office in Hatfield, UK, to support smooth cash movements, deal settlements, and liquidity management between Front and Back Office teams.
  • Deliver high-quality service to internal stakeholders, particularly SSC-based teams like Accounts Payable, Payroll, and Group Accounting.

Treasury Back Office Operations

  • Manage all back office activities according to UK-established processes, including cash management, bank reconciliations, bank account administration, payment confirmations, and company card scheme management.
  • Ensure all Front Office deals are settled, confirmed, and recorded accurately and on time, meeting Service Level Agreements (SLAs) and cut-off deadlines.

Bank Reconciliation & Cash Control

  • Perform timely and accurate bank reconciliations for all entities and accounts, with thorough reviews.
  • Monitor and resolve bank clearing items in collaboration with SSC teams such as Accounts Payable, Payroll, and Group Accounting.
  • Maintain integrity in cash accounting and general ledger postings using Oracle Fusion.
  • Support month-end and year-end closing processes in partnership with SSC accounting teams.

About Ocado Group

Ocado Group is a pioneering technology company that is revolutionizing the retail sector through advanced artificial intelligence and robotic engineering. Our innovative technologies enhance the efficiency of fulfillment centers globally, while our talented workforce drives our expansion into international markets.

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