Treasury Controller

Glasgow

£Market leading salary + benefits

Our client is a leading global financial services firm who can offer outstanding career prospects in a fast paced, collegiate environment in Glasgow.  An opportunity has arisen for a Treasury Controller to join the Global Funding team who support the business in managing funding and liquidity across the markets they serve.  Treasury Control manage global foreign exchange exposure, at an entity level, arising from trading and non-trading activities across the Firm.  Due to the significant risk to the Firm created by unhedged FX exposure, this team has a pivotal role in safeguarding the Firm’s assets.   The team’s primary objective is to minimize revaluation P&L (transactional risk).

This is an excellent opportunity for an ambitious and commercially focused accountant to develop their treasury career in a specialist role.

The successful individual will be responsible for the day to day management of the team reporting to the Senior Manager. The hedging processes follow both a daily and monthly cyclical process. Daily hedging captures all exposure that is booked in a currency different from the functional currency of the entity. Hedge trades are executed by either FX spot trades or forwards with NY FX desk via Corporate Treasury. An integral part of the hedging process involves ensuring the integrity of the source data, as part of this role you will have responsibility for an internal suite of controls that validates the hedging data.

Specific Responsibilities:

The role will include the following involvement and responsibilities:

• Reviewing the Consolidated Daily Hedging Instruction to Corporate Treasury to mitigate Transaction Currency Risk to the firm
• Working alongside Hedging and Controls Associate to ensure the integrity of the Daily Control Framework
• Maintaining strong relations with key stakeholders including Business Unit Controllers, Corporate Treasury, Legal Entity Controllers and Operations
• Provide support to wider controller group in relation to related queries
• Month end substantiation and sign-off responsibilities for Net Revenue and Balance Sheet Accounts on Treasury Cost Centre's
• Responsibility for preparing Reporting for Key Stakeholders including Regulatory Controllers, Business Unit Controllers and Senior Management within Treasury Capital Markets
• Management Reporting for Treasury Revaluation Currency
• Support Senior Manager dealing with ad hoc requests from Corporate Treasury desk

Skills and qualifications required:

• The successful candidate should be able to demonstrate a rounded commercial approach to reporting and controllership, with proven skills in chasing issues through many layers to discover root causes
• Candidates for the role should be a qualified accountant (CA, ACCA, CIMA) and have relevant degree or equivalent experience
• Candidates should possess excellent Microsoft Excel skills and be proficient at summarising and presenting themes and results in a meaningful format
• Able to build good relationships with stakeholders across a variety of business and finance areas
• Candidates should be highly numerate with a close attention to detail
• Have the flexibility required to work in a dynamic environment under tight deadlines

The following personal attributes are important for this role:

• Confident
• Adaptable
• Team worker
• Strong communicator
• Well organised
• Strong verbal and written communication skills
• Solid analytical skills
• Strong sense of accountability and ownership

Skills desired:

• Relevant work experience in the financial services industry (Financial and Product Control, Treasury)
• Knowledge of financial products which are used in the financial services industry, particularly in FX Hedging
• Experience of working in a product control environment

Whats on offer

£Market leading basic salary + generous company pension and annual leave

To discuss further or apply please contact [email protected] or call 0141 611 7770.