The successful candidate must have a distinguished background in capital markets or in a corporate treasury function in a trading or financial organisation. He/she must be able to operate independently and have a demonstrated ability to work effectively within a team, and be able to interact effectively with risk management, accounting, operations and trading teams.

The role:

• Ensure Payments are done on time and correctly
• Ensure adequate collateral is maintained
• Ensure the company obtains the best possible interest rates on funds deposited with banks and that surplus cash is invested in order to maximize returns
• Monitor FX control a/c - follow up unhedged trades with desk support/traders and calculate interest charges
• Participate actively in Treasury administration and development
• Manage cash accounts
• Adhere to controls and procedures set down to ensure the Company is not unduly exposed to risk
• Liaise with banks to ensure timely settlement of transactions
• Work closely with accounting to ensure cash account reconciliations are completed, with any discrepancies resolved in a timely manner

Essential Skills, Experiences, Competencies

• Several year's experience in a management capacity in a treasury, accounting or financial role including cash management, credit control, banking
• Educated to degree level or equivalent, preferably in a financial area of study
• Excellent organizational skills and strong attention to detail. Strong on follow-up
• Ability and drive to work independently even when under pressure and cope with tight deadlines whilst retaining accuracy
• Languages: English is essential, Fluent French and other languages would be an asset.
• Strong computer skills (Excel, Word, VBA, Macro level is an advantage)
• A very pragmatic team player able to inspire and influence with confidence and maturity
• Robust personality with proactive and positive attitude
• Capable to of operating and building effective relationships at all levels within the organization in Geneva and internationally
• Pragmatism, strength of character, a global mindset
• The confidence, maturity and stature to interact with colleagues at senior level
• The ability to react swiftly to adverse and emergency situations, to propose solutions and ensure successful outcomes; an ability to resist stress and respond to the unexpected.
• Self discipline, planning skills and attention to detail.

This role sits within the Corporate Treasury “front office” team of the Treasury Function.  Key responsibilities are:

• Management of daily cash movements/balances, forex and hedging;
• Cashflow forecasting: compilation, monitoring and management;
• Weekly Actual –v- Budget Cash Reporting;
• Divisional netting process;
• Interest analysis, management account review;
• Uncommitted credit lines including money market, forex, trade finance and guarantees;
• IAS39 compliance and documentation;
• Management of inter-company funding, balances and interest apportionment;
• Treasury input for divisional budget;
• Development of systems and processes;

• Ad-hoc projects as required.

To account for all Treasury transactions in compliance with accounting standards, in particular IAS 39

Forecasting the Financing line in the Groups’ consolidated statutory accounts. This requires liaison with all group companies, good understanding how variances arise and active management.

To be responsible for all treasury related accounting disclosures in Group and subsidiary accounts.

Managing the ongoing interface the Treasury system with the General ledger and monitoring and reviewing its effectiveness and accuracy in accounting.

To provide an effective, efficient and independent financial control on Treasury Department activities

Manage the operation of the Treasury back office functions.

To be responsible for year end statutory disclosures in the Group accounts under IFRS 7 and IAS 32.

Our rapidly expanding client is currently looking for a qualified accountant to head up their small Treasury function to ensure that all exposures (debt, interest rate and liquidity); to manage the group’s cash forecasting; to ensure that hedging instruments are properly accounted for and managed.

Further details upon application

Qualified accountant (ACA, CIMA or ACCA), ACT

Our FTSE 250 client is looking for a Treasury Controller to manage Treasury accounting and controls team, agreeing prioritized work plans, setting annual objectives and managing performance and undertaking any necessary recruitment; to provide the group with expert financial accounting advice in respect of Treasury instruments and structures, with an emphasis on IFRS accounting for debt and derivates, taking the lead in proposing group Treasury accounting policy and ensuring processes and procedures are appropriate to meet the group’s requirements in a timely and accurate fashion.

Ensure accurate hedge accounting for the group’s derivative portfolio;

develop the recording of and ensure accurate monitoring of Treasury systems and accounting controls, maintaining and evaluating the Treasury accounting and controls risk register, ensuring appropriate controls are in place and operational in respect of key Treasury risks managed by the front office; taking the lead in proposing improvements to the control environment;

Ensure the Treasury department’s systems environment is proactively managed to support both the front office and accounting requirements (within Group IT policy) and that all systems are appropriate to the department’s needs.

Management of the day to day cashflow of the company.

Ensuring all transactions are controlled and reported correctly.

Management of cash forecasting on a day to day level .

Assisting with the production and analysis of the cashflow for the

Management of the working capital including development of a working capital model.

Analyses of net debt and interest paid.

Compliance to banking covenants.

Quarterly review and accounting of company financial derivatives and hedges including fixed rate swaps and cross currency swaps.

Management of cash control team ensuring delivery of cash reconciliation