Title:Director, Enterprise Accounting - Treasury
ID:JREQ042859
Description
We are the leading source of intelligent information for the world's businesses and professionals, providing customers with competitive advantage. Intelligent information is a unique synthesis of human intelligence, industry expertise and innovative technology that provides decision-makers with the knowledge to act, enabling them to make better decisions faster. We deliver this must-have insight to the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization.
Reporting into the Head of Enterprise Accounting, the successful candidate will lead a team of 6 with foundational accountability spanning financial reporting and controls over treasury activities such as FX deals, derivatives and hedge accounting, co-ordinating the company’s bank account administration process and maintaining the integrity of relevant systems and processes in the treasury operations space. The treasury accounting and reporting team lead by this in dividual, partners with the company’s Corporate Treasury team, business operations and the wider Accounting Organization, including global Controller teams and Genpact, our outsourced General Accounting service provider.
Day to day responsibilities:
Financial reporting
- Timely review, analysis and reporting of financial information for debt, derivatives, interest and other finance income & expense ensuring the presentation of balance sheet, income statement and cash flows in accordance with IFRS (International Financial Reporting Standards).
- Ownership of footnote disclosures in the company’s quarterly and annual financial statements and supporting completion of disclosure materials for capital markets transactions (i.e. issuance of public debt).
Treasury back-office operations
- Define the global bank account administration process, approve requests to open bank accounts, ensure that bank accounts are closed when not required and manage the team’s delivery of bank account administration for corporate activities.
- Have oversight of the customer service process with strategic relationship banks and act as an escalation point for unresolved issues.
- Provide specialist banking and cash management advice to operational teams including integration planning for acquired companies, legal entity re-organisations and ad hoc requests.
- Co-ordinate the provision of bank and corporate guarantees.
Controls
- Maintain an effective control environment over the accounting process and financial reporting of treasury activities including debt, derivatives, FX deals and inter-company cash management.
- Manage treasury operational risks through robust controls including bank payment authorizations, deal confirmations and reviewing daily and monthly FX rates.
- Support Corporate Treasury and Legal in complying with relevant derivative regulations and reporting requirements.
- Engage effectively with the internal and external auditors.
Projects
- Provide thought leadership on accounting for financial instruments, with emphasis on debt and derivative transactions and compliance with hedge accounting requirements.
- Deliver accounting and control advice to Corporate Treasury and other stakeholders on relevant initiatives / projects, being mindful of objectives and business rationale of the proposed initiatives.
- Lead improvements to treasury-related systems, processes and controls.
People
- Develop and maintain the team’s knowledge of treasury operations best practice, valuation and accounting of debt and derivative instruments, relevant accounting standards and regulatory requirements.
- Source, grow and flow talent as required from and to the wider finance organization.
Qualifications
- Big 4 or equivalent trained and qualified accountant with extensive post qualification experience that includes significant experience in the treasury operation of a multi-national corporation involving accounting for financial instruments (debt, derivatives and other capital transactions, hedge accounting) as well as execution of banking and cash management practices.
- A professional treasury qualification and experience with SAP and SunGard Integrity Treasury system would be a strong advantage.
- Experienced with Microsoft Office applications.
- Strong leadership, organizational and talent management and business acumen
- Must be able to drive results and manage multiple priorities
- Ability to work across boundaries and motivate others through the power of influence
- Strong written and presentation skills
At Thomson Reuters, we believe what we do matters. We are passionate about our work, inspired by the impact it has on our business and our customers. As a team, we believe in winning as one - collaborating to reach shared goals, and developing through challenging and meaningful experiences. With over 60,000 employees in more than 100 countries, we work flexibly across boundaries and realize innovations that help shape industries around the world. Making this happen is a dynamic, evolving process, and we count on each employee to be a catalyst in driving our performance - and their own.
As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under country or local law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.
Intrigued by a challenge as large and fascinating as the world itself? Come join us.
To learn more about what we offer, please visit careers.thomsonreuters.com.
More information about Thomson Reuters can be found on thomsonreuters.com.
Job: Accounting & Finance Family Group
Primary Location: London, GB
Other Locations:
Organization: Fin - Acctg Mgmt & Admin
Schedule: Full-time
Education Level: None
Job Type: Standard
Shift: Day Job
Travel:
See Full DescriptionMay 26, 2015 at 03:00AM from Thomson Reuters - Finance Jobs
ID:JREQ042859
Description
We are the leading source of intelligent information for the world's businesses and professionals, providing customers with competitive advantage. Intelligent information is a unique synthesis of human intelligence, industry expertise and innovative technology that provides decision-makers with the knowledge to act, enabling them to make better decisions faster. We deliver this must-have insight to the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization.
Reporting into the Head of Enterprise Accounting, the successful candidate will lead a team of 6 with foundational accountability spanning financial reporting and controls over treasury activities such as FX deals, derivatives and hedge accounting, co-ordinating the company’s bank account administration process and maintaining the integrity of relevant systems and processes in the treasury operations space. The treasury accounting and reporting team lead by this in dividual, partners with the company’s Corporate Treasury team, business operations and the wider Accounting Organization, including global Controller teams and Genpact, our outsourced General Accounting service provider.
Day to day responsibilities:
Financial reporting
- Timely review, analysis and reporting of financial information for debt, derivatives, interest and other finance income & expense ensuring the presentation of balance sheet, income statement and cash flows in accordance with IFRS (International Financial Reporting Standards).
- Ownership of footnote disclosures in the company’s quarterly and annual financial statements and supporting completion of disclosure materials for capital markets transactions (i.e. issuance of public debt).
Treasury back-office operations
- Define the global bank account administration process, approve requests to open bank accounts, ensure that bank accounts are closed when not required and manage the team’s delivery of bank account administration for corporate activities.
- Have oversight of the customer service process with strategic relationship banks and act as an escalation point for unresolved issues.
- Provide specialist banking and cash management advice to operational teams including integration planning for acquired companies, legal entity re-organisations and ad hoc requests.
- Co-ordinate the provision of bank and corporate guarantees.
Controls
- Maintain an effective control environment over the accounting process and financial reporting of treasury activities including debt, derivatives, FX deals and inter-company cash management.
- Manage treasury operational risks through robust controls including bank payment authorizations, deal confirmations and reviewing daily and monthly FX rates.
- Support Corporate Treasury and Legal in complying with relevant derivative regulations and reporting requirements.
- Engage effectively with the internal and external auditors.
Projects
- Provide thought leadership on accounting for financial instruments, with emphasis on debt and derivative transactions and compliance with hedge accounting requirements.
- Deliver accounting and control advice to Corporate Treasury and other stakeholders on relevant initiatives / projects, being mindful of objectives and business rationale of the proposed initiatives.
- Lead improvements to treasury-related systems, processes and controls.
People
- Develop and maintain the team’s knowledge of treasury operations best practice, valuation and accounting of debt and derivative instruments, relevant accounting standards and regulatory requirements.
- Source, grow and flow talent as required from and to the wider finance organization.
Qualifications
- Big 4 or equivalent trained and qualified accountant with extensive post qualification experience that includes significant experience in the treasury operation of a multi-national corporation involving accounting for financial instruments (debt, derivatives and other capital transactions, hedge accounting) as well as execution of banking and cash management practices.
- A professional treasury qualification and experience with SAP and SunGard Integrity Treasury system would be a strong advantage.
- Experienced with Microsoft Office applications.
- Strong leadership, organizational and talent management and business acumen
- Must be able to drive results and manage multiple priorities
- Ability to work across boundaries and motivate others through the power of influence
- Strong written and presentation skills
At Thomson Reuters, we believe what we do matters. We are passionate about our work, inspired by the impact it has on our business and our customers. As a team, we believe in winning as one - collaborating to reach shared goals, and developing through challenging and meaningful experiences. With over 60,000 employees in more than 100 countries, we work flexibly across boundaries and realize innovations that help shape industries around the world. Making this happen is a dynamic, evolving process, and we count on each employee to be a catalyst in driving our performance - and their own.
As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under country or local law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.
Intrigued by a challenge as large and fascinating as the world itself? Come join us.
To learn more about what we offer, please visit careers.thomsonreuters.com.
More information about Thomson Reuters can be found on thomsonreuters.com.
Job: Accounting & Finance Family Group
Primary Location: London, GB
Other Locations:
Organization: Fin - Acctg Mgmt & Admin
Schedule: Full-time
Education Level: None
Job Type: Standard
Shift: Day Job
Travel:
See Full DescriptionMay 26, 2015 at 03:00AM from Thomson Reuters - Finance Jobs