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It is essential that all applicants have a minimum of 3 years work experience in the UK. Sponsorship is not provided with this role. Mandarin language is preferred. Candidates without any Treasury Accountant, Product Control experience unfortunately cannot be submitted.
Our client is looking for a Treasury Accountant, Product Control to join their team on a permanent basis. The role is 4 days a week in the office.
Role:
This is an analysis and production role and the role has standard daily, weekly, monthly and quarterly deliverables as well as a significant amount of ad hoc queries. This role is expected to have extensive liaison with Operations, Treasury, Business Management (within Treasury) and Risk Management function.
Key Responsibilities (but not limited to):
Ownership of tasks within daily, monthly & quarterly P&L production and Balance Sheet review of all Treasury, Loan and Deposit products.
Assisting the Team Manager with the daily and month-end analysis of:
othe FX trading P&L;
oHedge Accounting analysis;
oHedge Effectiveness testing;
oReporting and analysis to support the local management accounts and HO Reporting.
oIndependent Price Verification review.
Assisting the Team Manager on the Balance Sheet Substantiation and ensuring that the key reconciliations and analysis are all signed-off and submitted for review as part of the month-end time-tables.
Working closely with the Team Manager and Senior Financial Controller on preparing the audit pack and replying to auditors enquiries.
Preparation of the daily P&L reports for review by the Team Manager. Escalating issues and concerns immediately where appropriate.
Work closely with the Team Manager and assist in developing financial/analysis data and reports for business management.
Assist with any new product approvals process and to assist in developing financial/product information/ data required for any new products.
Standardizing the documentation for the daily, monthly product control manuals, procedures and processes and assisting the Team Manager with the periodic updates and reviews of the documentation and proposing required changes.
Assisting in the planning, testing and implementation of key systems / upgrades to systems or new products.
Skills, Experience and Qualifications:
Professional qualification (ACCA, ACA, CIMA or CFA preferred) held for at least 3 years or qualified by experience (QBE) for at least 5 years in a direct role.
Knowledge of financial products: FX Derivatives, Interest Rate Swaps, Bonds, MM Deposits and Loan products is essential.
Knowledge of RMB (CNH & CNY) is preferable as is knowledge of Clearing activities.
Understanding of Funds Transfer Pricing (FTP) methodologies.
Awareness of emerging industry trends such as Basel capital rules & IBOR transition implications.
Strong planning and prioritization skills with the ability to work on multiple tasks and with multiple stakeholders.
Proficient in MS Office, specifically a strong command in Excel and PowerPoint as well as good level for VBA and SQL.
Fluency in English (desirable: ability to communicate in Mandarin)
For more information on this role please contact Judith Webb by sending your CV and quoting ref 16836JW.
