Senior Treasury Accountant

Hays; City Of London; On-site; GBP 30,000 - 35,000; Full time

Job summary

A leading company in London seeks a Senior Treasury Accountant to oversee treasury activities and financial reporting. This role requires expertise in accounting principles and treasury management, ideal for those with ACA, ACCA or CIMA qualifications. Support junior colleagues and enhance treasury operations while ensuring compliance with regulations.

Qualifications

• Recognized accounting qualification required.
• Experience in treasury accounting and financial services preferred.
• Understanding of Treasury Management Systems is essential.

Responsibilities

• Act as Subject Matter Expert in treasury activities and financial reporting.
• Manage derivatives accounting and regulatory reporting.
• Ensure robust financial information processes and controls.

Skills

Treasury products

IFRS knowledge

Financial reporting

Presentation skills

Education

ACA, ACCA or CIMA qualification

Further Treasury qualifications (ACT)

Job description

Hays City Of London, England, United Kingdom

Senior Treasury Accountant

Hays City Of London, England, United Kingdom

23 hours ago Be among the first 25 applicants

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This range is provided by Hays. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

Your new role

• Subject Matter Expert in accounting for and reporting of companies' treasury activities (Funding (internal and external), liquidity management, investments, and market risk management.
• Treasury legal entity and business unit controllership
• Analyses and provides explanations of the financial position and performance of Treasury entities and group-wide treasury activities.
• Ownership of derivatives accounting (classification, valuation, and disclosure) and hedge accounting.
• Ownership of management, statutory and regulatory reporting for Treasury legal entities and treasury activities, as well as planning and forecasting activities.
• Assist in the training of other group teams in treasury accounting matters, and in issue resolution.
• Support resources for corporate projects, including liability management exercises, debt and equity issuances, restructuring and M&A.
• Lead role in Treasury system enhancements and in ensuring Back Office concerns and system issues are addressed in a timely manner. Participate in system needs identification and in user training/testing.
• Training and development of junior Treasury colleagues

Controls

• Responsible for ensuring that processes and controls around the preparation of financial information (including Solvency II data) are robust, clearly documented and operating effectively to minimise errors and fraud.
• Take a proactive role in the enhancement of the (TMS) to produce reliable, accurate and verifiable financial information. Manage interactions between the FO, MO and BO modules of the TMS
• Lead in TMS workflow management ensures trades and activities booked in the system reflect the economics of transactions and are in line with policy. Assist the Treasury Controller in review of Daily (Afternoon) Reports and in escalation of control issues.
• Ensure adequate and up-to-date written procedures and policy documents in all areas of treasury accounting and reporting. Ensure that all documentation required by various accounting standards is completed, and new standards are applied correctly and in a timely manner as per the relevant Business Rules
• Ensure that processes and controls around the preparation of financial information are robust, clearly documented and appropriately followed to ensure that operational risks are minimised.
• Apply applicable company policies to ensure assets and liabilities are correctly measured, classified, valued and disclosed.
• Manage the Group's intercompany balance netting cycle and overall control of inter-group funding. Ensure settlement of balances in line with applicable Treasury Policy.
• Continuously work to improve the control environment across all Treasury operations
• Support the Group's compliance with regulations including Solvency by ensuring accurate submission of regulatory data as per existing rules. Collaborate with the Regulatory Reporting Team in ensuring the Back Office team's SII reporting knowledge is up-to-date.

Financial accounting and reporting

• Provide accounting support for Group Treasury activities by recording and reporting the performance of the Group's financial investments, borrowings, risk management activities and capital in accordance with laid down accounting practice and principles.
• Managing the interfaces between the Treasury Management System, the ERP (general ledger system) and the consolidation system. This includes ensuring reconciliation between the systems is accurately completed and signed off by the Treasury Controller.
• Support Treasury's Front and Middle Offices in reporting on the accounting implications of various transactions and in provision of financial data to support ad hoc projects.
• Provide necessary and complete information as requested by internal and external parties to support financial information relating to Treasury information
• Manage periodic financial and regulatory reporting calendars for treasury operations and treasury entities.
• For all Treasury legal entities, they own the statutory accounting process and ensure the statutory obligations of the legal entities are fully met.
• Ensure monthly management accounts for the Group's treasury companies are prepared appropriately and reconciled back to the Treasury management system or other supporting records.
• Ensure that month-end Business Unit TMS reports are produced and distributed to business units accurately and in a timely manner.
• Provide subject matter expertise in the production and review of certain disclosures in the Group's financial statements relating to financial assets, liabilities, derivatives and hedge accounting. Working with the Treasury Controller, lead in ensuring requirements under IFRS7, IFRS13, and IFRS9 are met in the Group's financial statements.

Planning and forecasting

• Support the Group's Planning process on treasury balances and activities.
  These will include planning of financial investments, borrowings, group liquidity, internal funding and liquidity requirements and risk management activities.
• On a periodic basis, we review the Group's investments and funding performance against Plan and market expectations. Provide relevant commentary to explain material variations.

What you'll need to succeed

• Hold a recognised accounting qualification (ACA, ACCA or CIMA).
• Ideally hold or be actively working towards holding further Treasury qualifications (ACT).
• Possess treasury accounting experience or at least have a background in financial services. A good grounding in treasury products. IFRS knowledge, with practical experience of IAS39, IFRS9, IFRS13 and IFRS7 is essential.
• Experienced in delivering the delivery of financial and management information reporting cycles to senior level management and possess excellent presentation skills
• Have a good understanding of Treasury Management Systems

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

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Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing

• Industries

  Hospitals and Health Care, Non-profit Organizations, and Government Administration

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