Treasury Financial Controller (12 month FTC) (12919)

Investec; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A global financial services firm in London is looking for a Qualified Accountant to join its Funding & Trading Finance Team. You will provide financial insight on trading and funding activities, produce daily P&L reports, and support month-end financial controls. Ideal candidates should possess a strong understanding of IFRS standards, particularly IFRS9, and be proficient in MS Office tools like Excel and PowerPoint. The firm promotes a culture of belonging and innovation and offers various wellbeing benefits.

Benefits

Pension

Private Medical Cover

Virtual GP

Gym Discounts

Psychologist Service

Annual Leave

Life Assurance

Qualifications

• Experience in financial insight on trading and funding activity.
• Proficient in daily P&L and FX exposure reporting.
• Ability to support month-end close and financial control.

Responsibilities

• Provide clear financial insight on trading and funding activity.
• Produce daily P&L and FX exposure reporting.
• Support month-end close for Treasury portfolio.

Skills

Qualified Accountant

Understanding of Banking products

Technical understanding of IFRS standards

Proficient in MS Office Suite

Attention to detail

Education

Chartered Accountant preferred

Tools

Excel

PowerPoint

Job description

Overview

The Funding & Trading Finance Team is a finance business partner to the Investment Banking, Global Markets and Bank Funding Group areas. We work closely with the Front office, Risk and Group Finance. What will I be doing?

Responsibilities

• Provide clear, timely financial insight on trading and funding activity
• Support new products and funding structures from a finance and control perspective
• Maintain a robust control environment around P&L, balance sheet and hedge accounting
• Produce daily P&L and FX exposure reporting to the desk
• Run the daily hedge accounting process and related controls
• Support the month-end close and wider financial control for the Treasury portfolio
• Daily P&L production for Treasury activities, ensuring accurate, timely reporting and clear commentary on key drivers
• Daily FX exposure monitoring, including reconciliation of positions, identification of variances and prompt escalation of issues
• Ownership of micro and macro hedge accounting processes (IFRS 9), including documentation, effectiveness testing, reviewing of hedge relationships and ongoing monitoring of designated relationships
• Month-end close activities for Treasury, including journals, reconciliations, reviews of balances and preparation of supporting analyses
• Business partnering with the Treasurer and Treasury desk, providing insight on P&L, exposures and hedge performance, and supporting decision-making
• Controls and governance, contributing to a strong control environment across Treasury (e.g. balance sheet substantiation, process documentation and continuous improvement)
• Support for new products and funding initiatives, assessing accounting implications, data and system requirements in collaboration with front office, Risk and Group Finance
• Timely escalation of issues/concerns
• Audit queries during annual and interim audits

Qualifications

• Qualified Accountant (Chartered Accountant preferred)
• Understanding of Banking products
• Technical understanding and application of IFRS standards, particularly IFRS9
• Proficient in use of the MS Office Suite, particularly Excel & PowerPoint
• Systematic approach in analysing and solving problems with excellent attention to detail

Personal Skills

• Ability to articulate financial concepts clearly to non-financial stakeholders and fostering open dialogue
• Capacity to analyse situations logically and make well-informed decisions
• Self-motivated, proactive and enthusiastic
• Ability to work independently and in a team
• Building and maintaining strong relationships with colleagues, clients, and other stakeholders
• Demonstrating diligence, reliability, and a strong sense of responsibility
• Meticulousness in reviewing financial statements and reports to ensure accuracy
• Good organisational skills, with a demonstrated capacity to prioritise tasks
• Strategically and consistently meet critical deadlines
• Ability to prioritise
• Personable and confident
• Creative and willing to work in a constantly changing environment
• Strong academic background is preferred.

Benefits

• Pension
• Private Medical Cover
• Virtual GP
• Gym Discounts
• Psychologist Service
• Annual Leave
• Life Assurance
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Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work. Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.