financial Reporting analystING Business Shared Services B.V.

Overview:
This position is part of the Treasury Accounting Team with specific responsibilities for:
• All aspects of Treasury Accounting, including hedge accounting and keeping up to date on developments in accounting standards.
• Maintaining and updating the ledger for all fair value accounting of investments, borrowings & derivatives. Includes analysis of movements in the net present values of these products.
• Production and analysis of Group Treasury related reporting (e.g. preparation of daily P&L, NPV P&L, daily Balance Sheet and intersystem reconciliations etc.)
• Ensuring day-to-day compliance and integrity of the general ledger system through monitoring of treasury related transactions & control reconciliations.
• Understanding and generation of key reports from the treasury reporting system & general ledger; This is to enable clear messaging to key stake holders Finance, Group Treasury & Market Risk Management.
• Conduct continuous process improvement around Treasury reporting. This involves critical thinking and working with various teams within the organization to deliver results.
If you are good at:
Treasury Reporting & Investigations
• Daily responsibility for preparation of key treasury reports. This includes Daily P&L Reporting & control reconciliations, as well as month/quarter end treasury reporting.
• Completion of daily GT P&L;
• Deploying daily risk and control measure and ensuring compliance with clear identification and escalation of breaches.
• Assistance with analysis on asset disposals and impacts to income;
• Completion of month end and quarter end tasks including Balance sheet reconciliations, analytical review, various reports to head office on the investment portfolio.
Hedge accounting
• Assistance with hedge effectiveness testing & other month end IFRS journals & reporting
• Assistance with effectiveness testing on an ongoing basis;
• Posting of relevant IFRS journals in the General Ledger;
• Generation and understanding of key reports from either Source systems or the General Ledger in order to complete the Treasury and IFRS reporting tasks;
• Adequate explanations for NPV movement explained on a monthly basis;
• Advising on hedging strategies.
Projects
• Projects and ad hoc requests
• Constant improvement on GT reporting;
• Improving the efficiency of the book structure and removing the impact of legacy transactions;
• Analysis of implementation of new data sources for revaluation purposes.
Qualitifcations and Experience:
• Bachelor's Degree in Accounting, Finance or Equivalent
• 3-5 years CA/CPA post qualified
• Excellent understanding of IFRS 9 and its application to commerce
• Solid understanding of Treasury function and its interdependencies with Market Risk/Finance departments
• Treasury Accounting/Hedge Accounting experience
• General knowledge of accounting requirements relevant for the Financial Services Industry.
• In depth understanding of Treasury Accounting
• Ability and willingness to pick up and learn in-house Treasury reporting systems
• Funds Transfer Pricing knowledge
• Previous experience in a similar role in the financial services industry (preferably Banking) or in a similar Treasury Accounting function
• CA firm experience, preferable qualified at Big 4
• Exemplary accuracy and attention to detail
• Enthusiasm to pick up and run with adhoc projects, taking responsibility for their delivery in a professional manner.
• Demonstrated team player and high achiever
• Excellent oral and written communication skills
• Highly developed numerical and analytical skills
If you can:
• This role is suited to an experienced Treasury Accountant who will be expected to assume responsibilities for their tasks and be able to work autonomously;
• Dealing with any difficulties that may arise which prevent task completion while also ensuring reporting is accurate and produced in a timely manner;
• Complete detailed tasks and ensure a keen analytical review of completed work to ensure accuracy. The person should be able to articulate any issues in a timely and succinct manner to the Manager;
• Maintain an enquiring attitude so as to ensure that potential reconciling issues are fully investigated and escalated as appropriate;
• This successful candidate must be willing to embrace tight deadlines;
• Team playing attitude and be able to communicate with various levels within the organisation;
• Identifying and implementing ways to improve processes and processing efficiencies.
• Identification and correction of reconciling items between the General Ledger and the Treasury reporting system;
• Identification and correction of treasury reporting/system issues preventing timely completion of month end / daily reporting obligations;
• Ensuring adequate documentation and treasury reporting requirements are met;
• Advising in hedge accounting and hedge ineffectiveness calculation methodology.
If you'd like to work with:
• Financial Control, External Reporting & Tax Accounting staff
• Senior Financial Accounting Managers
• Market Risk Manager
• Treasury & Treasury Operations
• Performance Reporting team
• External and External Auditors
• Treasury System Support