TREASURY ACCOUNTANT
POSITION SUMMARY
Our client has a centralised Group Treasury function based in London, which is responsible for liquidity
management, funding, financial risk management, insurance management and commodity hedging.
Key responsibility of the role is to ensure effective and efficient recording of treasury transactions within
accounting records and systems in accordance with Company policies and procedures. Reporting to the Group
Treasury Controller, the Treasury Accountant will have frequent interactions and work closely with colleagues
within Finance, Tax, Financial Planning & Analysis and Operating units. The role will suit an experienced
treasury accountant who wishes to work in a dynamic and growing company. The position will play an
important role in the London team and is an excellent opportunity for the right candidate to join a first-class,
award winning global treasury function.
MAIN DUTIES & RESPONSIBILITIES
Conduct day-to-day and month-end accounting and reporting activities for the Group’s oil and gas
hedging activities;
Preparation of general ledger account rconciliations for derivative transactions to ensure integrity of
accounting data interfaced from Treasury CTRM system to the Group’s ERP SAP system, and
subsequent reporting systems in conjunction with the Group Finance and Operating Unit Accountants;
Implementation and maintenance of hedge accounting relationships for the Group’s Operating Units
including the preparation of hedge documentation, performing hedge designations or de-designations
and supporting hedge effectiveness testing process when required;
Providing insight into derivatives movements of actuals against budget and forecast and providing
suitable commentary for review;
Contribute to the preparation and review of Treasury’s monthly management information report
distributed to the Group’s Senior management and key stakeholders;
Participate in treasury systems developments including upgrade testing and process
automation/enhancement to gain efficiencies;
Provide support and cover to the Back Office Treasury Analyst;
Adhoc project work as required for Group Finance function.
REQUIRED COMPETENCES/ QUALIFICATIONS / EXPERIENCE / PROFILE
Qualified accountant (ACA, ACCA, or CIMA) with significant technical accounting experience with in
depth knowledge of hedge accounting under IFRS 9 (commodities, currency and interest rate hedging)
Recognised Treasury qualification (ACT or equivalent) is desirable;
Experience with a Treasury Management System;
An eye for detail and accuracy in reporting;
Excellent communication and presentation skills, both written and oral
Excellent analytical skills;
Good project management skills
Readiness to work as part of a small team