Cash Manager - Castrol at BP in Pangbourne, England, United Kingdom

Cash Manager - Castrol Location: GB: Pangbourne Technology Centre Entity: Finance Job Family Group: Finance Group Job Description: We’re setting up a new treasury function as Castrol prepares to operate independently of bp. It’s a significant moment for us, and we’re building the foundations of how Castrol will manage cash, funding and liquidity as a standalone business. Joining us now means you’ll help shape how our treasury team works. We’re designing processes, tools and decision‑making frameworks from scratch, and we work closely with colleagues across finance, the wider business and our banking partners to make it happen. You won’t just join a treasury team — you’ll help build one. This is a role within the Castrol organisation and the successful candidate will become part of the Castrol ring-fence.  If you are part of the ring-fence, it is expected that your employment will move with Castrol to new ownership.” Please note that roles based out of SJS or Sunbury will move to Timber Square, Southwark, from Q4 2027” The Role Castrol is seeking a highly skilled Cash Manager and people leader to take ownership of short‑term liquidity and daily cash management across our global business. This is a high‑impact role at the heart of Castrol’s financial operations, supporting our “Onward, Upward, Forward” strategy by ensuring the business remains resilient, well‑funded, and positioned for sustainable growth. As Cash Manager, you will have end‑to‑end oversight of Castrol’s cash and liquidity management, including currency management, spanning daily cash positioning through to three‑month liquidity forecasting and planning. Reporting directly to the Treasurer, you will be accountable for the consolidated daily cash position and medium‑term liquidity outlook, ensuring sufficient funding is maintained across the group, including at the Castrol Treasury Centre. This role offers a rare opportunity to shape and influence a newly established Treasury function within a $10bn+ global business. You will play a leading role in defining how the function operates — from designing systems, reporting and processes, to embedding best‑practice ways of working — while also building, developing, and leading your own team. You will lead daily cash positioning activities by overseeing cash forecasts, analysing forecast‑to‑actual performance, and determining funding requirements to maintain optimal liquidity across the group. Beyond day‑to‑day operations, you will be responsible for driving the delivery and continuous improvement of Castrol’s three‑month liquidity and cash forecasts, partnering closely with finance teams across geographies to enhance accuracy, insight, and ownership. A key focus of the role is the use of technology and data to enhance liquidity management. You will champion the development of systems and tools to improve forecasting, optimise cash deployment, and generate meaningful insights from Castrol’s data. In addition, the role provides exposure to policy development, stress testing, and senior‑level reporting, offering strong visibility and influence within Treasury and the wider organisation. This is an ideal opportunity for a commercially minded Treasury leader who enjoys combining operational excellence with strategic thinking, values collaboration across a global business, and is motivated by the chance to build and shape a high‑performing cash management capability. You will also play a key role in the growth and optimization of the Castrol treasury function as it separates from bp. This will include projects to implement new banking arrangements, new liquidity structures, banking architecture and new systems. The Cash Manager will be a critical member of the Group Treasurer’s team and will maintain a close relationship with the banks and the wider market to understand best practice and opportunities to continually optimize Castrol cash management. We see this role as central to keeping the business funded and able to operate smoothly. You’ll help us create simple, reliable processes that scale as Castrol grows. What you’ll deliver Drawing on your strong experience across corporate treasury operations, systems, policies, and controls, you will play a central role in establishing, leading, and embedding Castrol’s standalone Treasury function. Working collaboratively with senior stakeholders across the business, you will ensure that cash and liquidity insights actively inform decision‑making and support the resilience and growth of the organisation. You’ll help us build a clear picture of how cash moves across the business each day. We’ll rely on you to bring together forecasts, actuals and funding needs so we can make informed decisions. You’ll also help us understand where we have surplus cash and how best to use it. You and your teams responsibilities include: Delivering clear and accurate visibility of forecast‑versus‑actual cash movements, enabling confident short‑term liquidity decisions and proactive management of risks and opportunities. Providing timely, insightful funding requirements derived from cash forecasts to support entity‑level liquidity needs across the group. Producing a consolidated, currency‑level view of daily funding requirements, bringing transparency and consistency to group‑wide liquidity management. Identifying surplus cash positions and leading upstreaming activities through intercompany funding arrangements to optimise group liquidity and cash deployment. Maintaining robust short‑term cash positioning across all currencies, safeguarding daily cash flows and minimising liquidity risk. Delivering high‑quality cash and liquidity insights through fit‑for‑purpose reporting and analytical tools, developed in close partnership with senior finance and business stakeholders. Expanding the coverage, capability, and usability of the funding request tool to enable scalable, efficient, and consistent funding visibility as the business evolves. Collaborating on treasury policy, liquidity stress testing, process improvement, and technology enhancements to continuously strengthen Castrol’s Treasury capability. What you’ll bring: We’re looking for someone who understands treasury operations and is comfortable working with cash, FX and banking partners. You don’t need to tick every box, but experience in the following areas will help you succeed: Experience in treasury cash management activities Experience in analysing financial risks and developing hedging strategies (e.g. FX) Experience in operational improvement in execution Experience in dealing and negotiating with banks Academic background preferred- Finance, economics, engineering, data science Experience in financial (Market, Liquidity, Credit) and/or operations risk management. Development experience with data visualization tools (i.e. Power BI, Tableau) and data analytics tools (e.g. SSMS SQL, Python, DAX, RegEx, Dataiku) Interest in staying abreast with financial market developments and being able to understand their impact on the business (Rates, FX, Credit, Commodity prices etc.) Strong English language knowledge Confidence to take decisions based on training and problem solving skills. Strong organizational and time management skills, including the ability to work independently under tight deadlines and pressure and manage multiple tasks simultaneously. Excellent problem-solving capability Strong attention to detail We value people who communicate clearly, manage their time well and stay steady when priorities shift. Curiosity and a willingness to work through problems with others matter to us. Why this role matters: We’re at a turning point for Castrol. Joining us now means you’ll help shape how our treasury function operates for years to come. You’ll work with a small, collaborative team, have visibility with senior leaders and play a direct role in Castrol’s transition to a standalone business. If you want to build something meaningful and see the impact of your work every day, we’d like to hear from you. Why join us? At bp, we support our people to grow in a diverse and exciting environment. We believe that our team is strengthened by diversity. Reinvent your career as you help our business meet the challenges of the future. Apply now! Travel Requirement Up to 10% travel should be expected with this role This role is not eligible for relocation Remote Type: This position is a hybrid of office/remote working Skills: Analytical Thinking, Analytical Thinking, Asset and project finance, Banking Relationships, Banking solutions, Cash, Claims Management, Collaboration, Commercial Acumen, Communication, Corporate Finance, Corporate structure and group funding architecture, Credit rating management, Curiosity, debt and liquidity forecasting, Debt Capital Markets, Decision Making, Defined benefit pension schemes fund management, Defined contribution pension schemes investment strategy, Digital Automation, Digital cybersecurity, Digital Fluency, Equity Capital Markets, Ethical judgement, Financial framework management {+ 15 more} Legal Disclaimer: We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us. If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.