treasury accounting manager in brentford

16 May 2019
alexander jenkins, randstad business support
job type
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brentford, london
accountancy & finance
sub specialism
job type
working hours
3 years pqe plus
reference number
alexander jenkins, randstad business support
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job description

Treasury Accounting Manager

Location: Brentford

Contract: 3 Months - Leading to Permanent Role

Pay Rate: £530 (LTD) £420 (PAYE)

Our client, a leading pharmaceuticals company is currently looking to recruit a new Treasury Accounting Manager during the transitional stage.


Treasury Accounting delivers value by providing financial oversight and business partnership across businesses within the Group. We are primarily responsible for providing accounting advice on hedging and funding strategies to Corporate Treasury and to correctly report the nature of these transactions in the right legal entities.

The Treasury Accounting Manager sits in the Treasury Accounting team within Corporate Services and has key responsibilities for managing and co-ordinating the reporting activities for the main financing company of the Group and the financing entities for our ViiV and Consumer Healthcare joint ventures. In this regard, there will be involvement in high profile transactions and expected to be the main accounting adviser for the Treasury elements of the transaction and any hedging proposals and can assist other businesses and understand the accounting of hedging activities that mitigate foreign exchange risk.

In addition to the operational elements, the job holder will be encouraged to manage significant project responsibilities, such as the implementation of a new Treasury Management System which provides a good opportunity to improve and develop processes that will improve efficiency/accuracy through process improvements and additional automation.

In addition to the above, the key responsibilities will be:

* Manage the monthly and annual statutory reporting of various Treasury finance entities within a team of three Treasury professionals including an off-shore provider of services; statement, balance sheet and cash flow statement; and
* Management of the documentation and effectiveness of accounting hedges under IFRS 9.

This role will report to the Director Treasury Accounting within Corporate Services.

Qualifications and experience required:

* Qualified accountant with experience in a treasury function and good understanding of derivative financial instruments;
* Knowledge of the impact of relevant accounting standards (IFRS 9, IAS 32, IFRS 7 and IAS 21), including practical exposure to hedge accounting principles;
* Have strong numerical skills and excellent attention to detail; and

In addition to the above, the following skills and capabilities would help succeed in this role:

* Communication skills: Must be able to communicate confidently and effectively (verbal and written) within the team and with people in a range of disciplines from external auditors and other functions which may have varying levels of knowledge and understanding of Treasury's hedging activities.
* Ability to work across boundaries: Stakeholders may be based in different locations around the world or within other functions.
* Ability to prioritise and work on multiple activities in parallel: The role covers daily operational deliverables and ad hoc projects with focus on managing multiple reporting deadlines and delivering results.

Randstad Business Support is acting as an Employment Agency in relation to this vacancy.


treasury operations