Description
Our client, a large banking organisation is looking to recruit an experienced financial control manager to join a treasury team in central London for a 3-6 month contract.
The treasry Finance department supports the delivery of insightful management information to senior executives so that the treasury businesses (Group Capital Management, Funding & Liquidity, Balance Sheet Management etc) deliver on their strategic aims.
Job Role
A contract role for 3 to 6 month has arisen in the corporate treasury team for an effective financial controller with around 2-7 years PQE to manage, provide and agree the complete suite of reporting for this particular desk. Ideally the candidate will have a finance background in capital related products.
We are looking for a knowledgeable candidate, with deep analytical skills who can bring their skills and experience to the role, owning the Front Office relationship and issues for their books, performing variance analysis, producing commentary and communicating this to the corporate treasury Front Office clearly. They will need to have a keen eye for detail, accuracy and be deadline orientated, while fitting into a collaborative environment within a team of 7.
The role will involve a great deal of face-to-face interaction with the corporate treasury Front Office, corporate treasury and other finance teams, building these relationships and working with others to ensure new transactions are correctly accounted for.
The successful candidate will be responsible for the timely production of accurate and complete books and records for all portfolios and SPVs ensuring compliance with all Group financial and external reporting requirements, while providing insightful information to stakeholders.
Key Accountabilities
- Money Market products knowledge (understanding the products and their booking and accounting) of bonds, loans and deposits, interest rate and currency swaps, call and current accounts, nostros and any other money market related derivatives trading.
- Balance Sheet & P&L reporting and control
- Playing an active part in the group's liability management exercises (ie capital issuance, restructures and repurchases) and being the finance subject matter expert within the team undertaking the exercises.
- Work closely with the Capital Management desk to understand their trading strategies and risks.
- Proactively build and manage relationships facing the business and other internal clients within Finance, Risk, Operations, Internal Audit and IT.
- Contribute to strategic and continuous improvement projects as well as operational excellence initiatives to improve daily functions/processes continuously.
- Maintain and improve the control environment within the team with focus on adherence to policies, SOX requirements as well as any internal audit action points.
- Continuously reviewing operating processes to drive efficiencies; reducing non-core tasks, reduce duplication, ensure core production is automated
- Manage stakeholder expectation, especially at key reporting periods. Ensure any issues are flagged ahead of time, be proactive in identifying issues and providing constructive solutions
Additional Accountabilities
- May be responsible for production, analysis, explanation and reporting of the daily, weekly and monthly profit and loss
- Develop MI and KPI for management reporting purposes as well as for sharing with our internal clients - the MI may range from breaks summary to fair value hierarchy analysis. Refine these MI and KPI over time as the business evolves
Key Skills/Knowledge
- Strong product knowledge around share capital and related reserves, senior debt issuance, dated and undated liabilities and related hedging derivatives;
- Strong technical accounting understanding around the treatment of the products and related disclosure around capital;
- Confidence in presenting to senior colleagues
Desirable Skills/Knowledge
- Qualified accountant
- Ability to manage others (depending on experience, coaching & reviewing the work of others may form part of the role)
- SAP, Oracle GL, Business Objects Query Tool, MS Access and Excel
Other core competencies
- Creative - can turn data into relevant and insightful information
- Drive - self motivated, driven, enthusiastic, wants to make a difference
- Team player - collaborative, builds trust and strong working relationships
- Execution - turns strategy into results. Smooth delivery of results
- Communication - clear and effective communicator, both verbal and written, as well as listening to the requirements of the stakeholders which the team supports.