Treasury Accountant

Reporting To: Head of Group Treasury

Company Overview

Our client is a prominent privately held company operating globally with annual revenues exceeding £1 billion. The groups expansive operations span 50 countries across Europe, Asia Pacific, the Middle East, Africa, and the Americas. Supported by institutional investors, our client is well-equipped with substantial financial resources for strategic acquisitions.

Role Overview

The Treasury Accountant will join Group Treasury, based in the Central London office, with the flexibility to work remotely. This role will collaborate with a team of three, supporting the groups cash and risk management projects and operations. The role entails regular interaction with various departments and colleagues throughout the organization, focusing on three primary areas: loan management, enhancing cash visibility, and assisting with other treasury projects and operations.

Key Responsibilities

Loan Management:

• Manage and optimize the groups intercompany and employee share loan processes.
• Oversee the complete loan cycle, utilizing expertise in pricing cross-currency, cross-border loans, international transfer pricing principles, and managing multi-jurisdictional loan parameters and stakeholders.
• Act as the central point of contact for all employee share and intercompany loans.
• Develop and maintain a comprehensive loan repository to manage the lifecycle of all loans.
• Calibrate cost of funding models and create an intercompany lending model to ensure profitable intercompany borrowing and lending.
• Collaborate with HR, Equity Modelling, Finance, Legal, and other business units to meet stakeholder loan reporting requirements.

Enhancing Cash Visibility:

• Develop and manage a unified list of bank accounts in the Treasury Management System (TMS).
• Increase daily cash visibility across the groups entire cash portfolio.
• Engage with the global banking network to facilitate SWIFT reporting to the TMS, with a focus on banks not initially included in pooling and fiduciary accounts.

Cash Pooling Support:

• Serve as the contact point for integrating pooling arrangements with the general ledger and ERP.
• Collaborate with local banks to enhance yield on third-party and internal cash.

Support for Treasury and Cash Management:

• Assist in daily TMS cash management processes.
• Support cash flow forecasting, analysis, and reporting responsibilities.

Key Competencies

• Demonstrated experience in setting up and managing intercompany loans.
• Familiarity with transfer pricing implications of multinational loans, including multicurrency exposure.
• Previous experience operating and developing a TMS (experience with Kyriba is advantageous).
• Proven expertise in loan administration and control.
• Experience managing a group cash pool.
• In-house banking exposure in a treasury context.
• Ideal candidates will be part-qualified/finalists through ACCA, CIMA, or ACA.
• Minimum part-qualification through the ACT.
• Advanced proficiency in using Microsoft Excel for analysis (VLookups and pivot tables).
• Strong attention to detail and a solid grasp of financial control principles.

How to Apply

If you are interested in being considered for this opportunity, please email your CV to Craig Perkins via craig@treasuryrecruitment.com or call +44 203 603 4448 to discuss further.