Head of Treasury - 12 Month FTC

About the role

Trainline is seeking an experienced treasury leader to manage and modernise its finance operations during a period of significant transition. This interim role involves overseeing daily liquidity and cash management while driving a strategic overhaul of banking automation and internal governance frameworks. The successful candidate will act as the senior treasury authority, providing clear direction and stability as the finance function evolves its operational landscape. You will be responsible for establishing robust financial controls while simultaneously enabling the business to operate efficiently in a dynamic environment. This position demands a proactive leader who can translate complex financial strategies into actionable plans for the broader finance team. The role offers a unique opportunity to leave a lasting impact on the treasury function within a fast-paced, high-growth technology organisation. You will be instrumental in shaping the future financial infrastructure that supports the company's long-term ambitions.

Key facts

What you'll do

• Oversee the complete treasury operation, maintaining rigorous oversight of liquidity monitoring, cash positioning, FX trading, RCF drawdowns, and intercompany payments.
• Architect and deploy a robust 13-week cashflow forecasting model to enhance decision-making capabilities and provide precise RCF recommendations to stakeholders.
• Lead the execution of a comprehensive banking automation initiative, managing the integration of D365 and the implementation of a next-generation cash management platform.
• Formalise the treasury control environment by designing and maintaining a detailed delegation of authority framework and managing the centralised treasury controls register.
• Develop and implement a cohesive set of treasury policies that specifically address FX hedging strategies, counterparty risk assessment, and stringent payment governance protocols.
• Spearhead the redesign of the treasury operating model, which includes the clear definition of RACI matrices and the strategic transition of specific tasks into the Operational Finance function.
• Produce comprehensive documentation for all end-to-end treasury processes to guarantee audit readiness and effectively mitigate key-person dependency risks.
• Lead the recruitment, mentoring, and professional development of a Treasury Analyst, while clearly defining the future structure and career path for the team.
• Establish strong governance frameworks to ensure compliance with financial regulations and internal policy standards.
• Collaborate closely with external banking partners to optimise relationships and secure favourable terms for the business.
• Analyse historical treasury performance data to identify trends, inefficiencies, and opportunities for continuous improvement.
• Serve as the primary liaison between the treasury function and senior executive leadership, ensuring alignment on financial objectives.
• Implement best practices in financial management to enhance the accuracy and reliability of all treasury reporting.
• Drive the adoption of new technologies and methodologies to future-proof the treasury operations against emerging market challenges.

Requirements

• Possess proven experience leading a corporate treasury function at a listed or near-listed company, demonstrating the ability to manage complex financial operations.
• Have a demonstrated history of success in treasury transformation projects, including system implementations or operating model redesigns that deliver measurable results.
• Exhibit hands-on leadership capability, effectively balancing individual execution with the development and empowerment of a high-performing team.
• Show deep expertise in payment controls, fraud risk management, and the establishment of strong governance frameworks to protect corporate assets.
• Bring a strong background in cashflow forecasting, FX (spot and forward) markets, RCF management, and proactive bank relationship management.
• Demonstrate the ability to influence and communicate effectively with C-suite stakeholders, including the CFO and Finance Director, articulating complex financial information clearly.
• Be available to commence the role within a tight timeframe of four to six weeks from the date of offer.
• Hold a thorough understanding of financial regulations and compliance standards relevant to treasury operations in the United Kingdom.
• Display exceptional problem-solving skills and the capacity to analyse intricate financial scenarios under pressure.

Nice to have

• Hold an ACT qualification, such as CertICM or MCT, which demonstrates a high level of treasury professionalism.
• Have direct experience with D365 or Dynamics treasury modules, showcasing familiarity with modern financial platforms.
• Possess familiarity with corporate banking platforms, SWIFT, SEPA transactions, and the implementation of Provision 29 controls.
• Bring a background in the travel, consumer tech, or payments sectors, offering relevant industry-specific insights.

Practical notes

This role requires a minimum of 60% office attendance over a 12-week period to ensure seamless integration with the team and effective collaboration. The successful candidate will have access to a competitive benefits package that includes private healthcare and dental insurance, participation in a 2-for-1 share purchase plan, an EV scheme, and a generous 28-day work-from-abroad policy to support work-life balance. Applicants must be prepared to start the position within four to six weeks of acceptance, ensuring a timely transition and minimal disruption to ongoing operations. The role is based in London, requiring a hybrid work arrangement that combines the focus of remote work with the collaborative energy of the office environment.