Job Summary
This role will be part of the Group Treasury team, responsible for month-end treasury reporting, derivatives valuation, risk analysis, and Treasury Management System implementation, while driving process improvements and ensuring robust controls over treasury operations
Job Description
Month end / Reporting
- Explore data analytics and robotic functionalities for month end activity and reporting
- Perform valuations for Derivatives (FX and interest rates) on Reval and Bloomberg including variance analysis
- Investigate rate fixings differences on TMS for loans and derivatives with float component
- Perform hedge effectiveness testing including hedge accounting advisory and derivative Mark-to-Market valuation at month end
- Support the accounting for other financial instruments
- Prepare and provide analysis for liquidity, currency and interest rate risk for financial reporting (once a year)
- Support in the analysis and preparation of Treasury report and Risk report
- Prepare and analyse foreign exchange and interest rate forecast for Group budgeting purpose
Systems
- Support the implementation and enhancement of treasury management system for overseas Business Units
- Lead implementation of Cash Accounting and Payments capabilities for Business Units on new treasury management system
- Provide support for system changes and related testing
- Perform user acceptance testing for new scenarios in treasury management system
- Provide guidance to team members and other business units on new treasury management system related matters
- Host training sessions for team members and other Business Units
- Provide support for system data migration (static and trade data)
- Update treasury management system User Guide
- Maintenance of static data in the treasury management system
- Streamlining payment process including developing a strategy for payment architecture
- Lead collaboration with other implementation project teams for system integration and dashboarding
- Collaborate with external stakeholders to support end-to-end forecasting system implementation
Policies And Procedures
- Recommend and implement improvements to current treasury processes
- Maintain a system of policies and procedures that impose an adequate level of control over treasury activities
- Optimisation of payment infrastructure, bank fees optimisation and bank account rationalisation
- Daily treasury operations including review of deals, confirmations and settlements prepared by front office
- Recommend process improvement initiatives to increase team's productivity and efficiency, reducing time spent and manual interventions whenever possible
Key Qualification
- Degree in Accounting or Finance; Big 4 background preferred.
- 5-7 years experience in treasury accounting and financial reporting, including derivatives and hedge accounting.
- Strong understanding of FX, interest rate and liquidity risk with exposure to risk analysis and forecasting.
- Hands-on experience with Treasury Management Systems, including implementation, UAT and process automation.
Diversity brings us closer to the communities we serve
Guided by our Purpose, we are creating, inspiring, and nurturing an inclusive culture that unlocks the power of diverse teams to drive Frasers Property forward. Our values drive everything we do, which are core to creating safe places where everyone belongs, is mutually respected and feels empowered to be authentic at work. Working collaboratively makes us progressively stronger and better as an organization, which helps our people to thrive each day.
