Treasury Financial Manager

Michael Page International Rec Ltd
City Of London
£55k - £70k pa
17 Mar 2017
16 Apr 2017
Contract Type
Full Time
Treasury Financial Manager City of London Tier 1 Global Banking house Client Details Treasury Financial Manager City of London Tier 1 Global Banking house Description Treasury Financial Manager A challenge orientated, change driven, treasury controller with project and product control experience is sought for a unique opportunity in finance supporting Group Treasury. The candidate will initially be expected to be able to run existing business as usual tasks including hedge accounting, statutory reporting, monthly management reporting, controlling the business; whilst also assisting in moving the function to the standard operating model and helping to enable the interaction between Group Treasury with Asset & Liability Management (ALM). This means effectively the expected candidate is expected to take a joint financial & product controller role and morph it into a Financial Controller role using preferably previous project experience. Due to the multinational nature and our finance function, the prospective candidate will be required to work cross borders. Hedging * IFRS complaint hedge strategies. This includes structuring of hedges, hedging documentation and hedge effectiveness assessment * Advisory on local hedge accounting issues & solutions * Impact assessment of changes in accounting standards on existing Group Treasury transactions Financial reporting * Month end financial and management reporting * Ensuring the accounting and regulatory implications of transactions and strategies executed by Group Treasury are correctly documented, communicated and processed within the organisation * Provide accounting support and advisory on transactions. Review and sign-off of IFRS pack submissions * Reconciliation and sanity checks on FX revaluation impact on solo reserves and Trading Income * Produce Group treasury related financial disclosures and analytics to support IFRS packs Delivering target operating model * Ensuring Group Treasury is moved to being supported as a standard finance model * Helping deliver merger of Group Treasury and Asset & Liability Management Position reporting & management * Reporting of foreign currency exposures * Advisory on managing FX positions and impact * FX PnL: Monthly calculation and commentary Decision support & Transaction management * Forecasting and Budgeting * Facilitate & co-ordinate transactions from inception to booking including advising on structure * Advisory and support on P&L impact of capital transactions Profile Treasury experience is highly beneficial, with the prospective candidate expected to hit the ground running. Knowledge of: * Key treasury products and hedging instruments and associated accounting requirements including hedge accounting * Knowledge of IAS39 * Knowledge and impact of IFRS 9 on a treasury business * Financial Control or Product Control experience, ideally both * Qualified Accountant (ACA or CIMA) * Forecasting and Budgeting experience * Hedge accounting experience, with the business undertaking net investment hedges, cash flow hedges and fair value hedges * A self-starter and creative thinker with the ability to drive change and provide creative solutions Job Offer * Base from £55,000 to £70,000 * Excellent company benefits package - market leading * Competitive bonus scheme * Would suit someone at early point of AVP/Mid AVP ready for step up to a stronger AVP with big profile