Senior Treasury Manager

BW ESS is seeking an experienced Senior Treasury Manager to take ownership of the Group's treasury activities across its international corporate entities, project SPVs and joint ventures.

As BW ESS continues to grow, the complexity and importance of treasury is increasing materially. This role will bring together activities currently undertaken across different parts of the organisation, establish clear ownership and controls, and build a scalable treasury capability for the Group.

This is a senior, hands‑on role for someone who can both design the right treasury framework and make sure it operates effectively day to day. We are looking for candidates with real ownership experience in complex, multi‑entity, multi‑currency environments, ideally gained in energy, renewables, infrastructure, utilities or another project- and SPV‑based business.

BW ESS is a global energy storage owner‑operator, moving with speed to develop, deliver and operate market‑leading projects. The business is active in the UK, Australia, Italy, Germany, Spain, and Sweden. It has more than 540MWh of operating Battery Energy Storage Systems (BESS), with ~12GWh under construction and a development pipeline of several gigawatts.

Part of BW Group, BW ESS builds on decades of global infrastructure experience, takes a long‑term view of projects and partnerships, and focuses on unlocking value throughout the energy storage asset lifecycle.

Reporting to the Director of FP&A and Treasury, you will work closely with the CFO, Strategic Finance, Portfolio FP&A, Accounting, Tax, Investments, Legal and project teams, as well as BW Group and the Group's banking counter parties.

You will be responsible for Group cash and liquidity management, credit support, FX and hedging operations, cash investment, banking and treasury facilities, treasury governance and treasury systems.

Your objective is to replace fragmented activity with a coherent Group treasury capability: giving management reliable visibility of cash, liquidity and treasury risk, ensuring cash and credit resources are deployed efficiently, strengthening controls and banking infrastructure, and building processes and systems that scale with the business.

Cash management: own the consolidated Group cash position across corporate entities, project SPVs, joint ventures, accounts and currencies, including restricted and unrestricted cash, intercompany funding, equity contributions and distributions, and ensuring the right cash sits in the right entity, account and currency ahead of material payment obligations.

Liquidity management: own the Group liquidity position and rolling forecast, consolidating inputs from Portfolio FP&A, Accounting, Investments, Strategic Finance and project teams, and providing forward‑looking analysis of requirements, constraints, surpluses and funding needs across multiple currencies and jurisdictions.

Credit support: own the portfolio of bank guarantees, parent‑company guarantees, letters of credit and other contingent exposures, managing issuance, amendment, renewal and cancellation, and monitoring utilisation, expiries, fees, collateral and facility headroom.

FX management: own the consolidated view of forecast and actual FX exposures across development, construction, operations and corporate activity, maintain the Group's FX framework, recommend hedging actions, and execute approved transactions within delegated authorities.

Cash investment: manage surplus cash within approved policies and counter party limits, optimising deposit arrangements, managing counter party exposure and diversification, and negotiating terms to improve returns while preserving liquidity.

Hedging operations: own the operational management of FX and…