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Cash and Banking Manager

Company:Co-op Group
Salary:£60,700 to £67,000 a year
Hours:Full-time
Location:Manchester, M60 0AG
Working pattern:Hybrid - 3 days remote
Job type:Permanent
Posting date:19 Oct 2026
Closing date:26 Oct 2026
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Summary

Cash and Banking Manager

£60,700 to £66,700 plus great benefits (Work Level 5)

Manchester city centre (hybrid - spending a minimum of two days a week in the office)

We're looking for a Cash and Banking Manager to join the Cash and Banking team within our wider Finance Controls and Operations (FC&O) team. FC&O is part of Co-op's Finance area and are responsible for carrying out core finance processes across the business.

In this role, you'll be responsible for the cash and banking process for our Food, Property and Corporate areas, ensuring the bank and control account reconciliations are accurate and compliant with regulations. You'll also help to manage the working capital of our business, highlight any key financial risks, and lead a team of talented colleagues. As part of our FC&O team. we'll also look to you to maintain positive relationships with colleagues, and champion the services our area provides, right across Co-op.

Why this role matters

This role helps us make sure our finances are accurate and well-managed. By keeping strong controls in place and always looking to improve how we work, you'll help us to protect the financial health of the business, meet our regulatory responsibilities, and give our leaders the insight they need to make the right decisions.

What you'll do

  • Lead, support, and develop a high-performing team, helping them deliver a consistent, high-quality service
  • Oversee balance sheet reconciliations, making sure they're accurate, timely, and well-controlled
  • Build strong, consistent controls across the end-to-end process, supporting internal and external audits
  • Act as a trusted expert, handling complex queries and overseeing investment partner reconciliations to manage risks
  • Play an active role in our wider FC&O team, helping to shape and deliver our strategy

What you'll bring

We're committed to making our roles as accessible as possible, so we only ask for the minimum criteria. To thrive here, you'll need to bring:

  • A relevant accountancy qualification (e.g., ACA, ACCA or CIMA)
  • Experience leading teams and the ability to bring out the best in people
  • Experience implementing financial controls in a banking or shared services environment
  • Good strategic-thinking and problem-solving skills, with the ability to contribute to financial planning
  • Good relationship-building and communication skills

Why Co-op?

At Co-op, we're owned by our members. And because we're owned by you, we can do right by you. So, when you join us, you're not just taking a job, you're joining a movement. We're an organisation that puts people and communities first, and we're powered by purpose. We want this to be a place where you can thrive, so you'll also receive:

  • Private healthcare
  • An annual incentive scheme (based on individual and business performance)
  • 28 days holiday (rising to 32 with service) plus bank holidays
  • A pension with up to 10% employer contributions
  • 30% discount on Co-op products and 10% off other brands
  • Stream - early access to a percentage of your pay as you earn it
  • Virtual healthcare including GP appointments, mental health support, nutrition and fitness advice
  • 24/7 colleague support service
  • Training and support for your development and career progression
  • Cycle-to-work scheme

A place you'll belong

We're building diverse teams that reflect the communities we serve. We welcome applications from everyone, and our support centre is an inclusive environment where all our colleagues can thrive.

If you have a disability, we'll make reasonable adjustments to support you through the recruitment process. We're also proud to be part of the Disability Confident scheme - if you're disabled and you meet the minimum criteria for this job; we'll guarantee you an interview.

Learn more about our recruitment process at https://jobs.coop.co.uk/apply-process

Explore our commitments to diversity, inclusion and wellbeing at https://jobs.coop.co.uk/diversity-inclusion-wellbeing

As part of your application, you'll need to complete an online assessment. This assessment typically takes up to 50 minutes. If you're a current Co-op colleague, this does not need to be completed.

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