Treasury Accountant

Job Description

Job Title: Treasury AccountantLocation: London (Hybrid)Contract Length: 3 monthsOpportunity Overview:Anglo American has set its Burning Ambition to be the most valued mining company by all its stakeholders by 2023. The Group Treasury function enables Anglo American to achieve its strategic ambitions by delivering financing, financial risk and cash managementservices to the organisation, whilst maintaining the highest standards of control and compliance, and providing a workplace of the future to develop and retain talent.The Treasury Operations team is a key contributor to these objectives as we drive to increase automation and streamline processes in cash management, back office and treasury accounting, as well as providing world-class systems infrastructure to the Group TreasuryfunctionRole Purpose:The Treasury Accounting Coordinator delivers all financial reporting and treasury accounting, including hedge accounting and bank reconciliations, for all treasury activity undertaken by the Business Units within their responsibility.Key Responsibilities:Performance & Delivery:

• Deliver world-class treasury accounting services to Anglo American group companies with a focus on debt, FX and interest rate derivatives, and money market instruments, ensuring adherence to relevant group policies
• Preparation and review of monthly treasury reporting packs for business units and corporate functions
• Review of daily bank reconciliations and ensuring any unreconciled items are resolved in a timely manner
• Preparation of departmental Budgets and Outlooks
• Deliver automated accounting solutions for treasury transactions executed by Business Units and Corporate legal entities
• Manage treasury transaction compliance with relevant legislation, accounting standards and external regulatory authority requirements
• Engage with stakeholders to understand and incorporate evolving business requirements and regulatory changes into plans
• Develop and maintain effective professional relationships with auditors and other relevant third parties (e.g. Bloomberg) to deliver quality solutions and services and identify opportunities for improvement
• Engage with auditors to understand changes in accounting standards and their impacts on accounting processes and systems
• Deliver a high-class treasury and hedge accounting service, including technical accounting leadership in relevant areas, to all Business Units for whom the Group Treasury undertakes treasury activities
• Contribute to the strategic plan for an ongoing "analyse and improve" programme
• Periodic engagement with relevant stakeholders to receive feedback on service provision
• Identify and prioritise continuous improvement opportunities across treasury accounting
• Review and monitor Service Level Agreements (SLA) with Business Units to ensure we are achieving agreed service delivery requirements
• Support the Global Process and Control Owner ("GPCO") for Treasury Accounting and Bank Reconciliation, covering the following process areas:
• Bank reconciliations
• Intercompany loan/deposit interest calculations statements
• Accounting setup in Quantum
• Treasury accounting
• Hedge accounting
• Accounting interfaces to SAP, and associated reconciliations
• Half-Year and Annual Reporting

Sustainability & Social:

• Support Global Treasurys initiatives as part of the Group Finance Sustainability five-year plan

People & Teams:

• Line manager for the UK Treasury Accountant
• Identify and agree training and development requirements to build capability of team member
• Translate strategy and objectives to individual and team initiatives
• Conduct regular reviews of teams work plans and project plans

Compliance:

• Ensure that JSE SOX and UKCR controls are appropriately applied across Treasury Accounting processes
• Agree work plan in relation to testing, training and attestation for UKCR
• Review key findings / control breaches, monitor remediation, and escalate to the Global Process and Control Owner (GPCO) where necessary
• Ensure all accounting is executed in compliance with Group Treasury Policy and Group Accounting Standards

Requirements & Skills:

• Qualified accountant (ACA/ACCA/CIMA (UK); CFA (SA) or equivalent) essential
• Degree or equivalent qualification in a relevant discipline, preferably commercial, numerical or scientific
• Extensive knowledge and understanding of treasury / financial products and services, including cash and funding instruments, derivatives, and bonds
• Operational experience in a corporate treasury department with significant systems automation exposure
• Cooperation with third-party vendors and service providers
• Experience of operation and accounting configuration in the following systems would be a significant advantage; FIS Quantum, Bloomberg and SAP
• Strong analytical and problem-solving skills
• Excellent communication skills, both written and verbal
• Thorough and conscientious with strong attention to detail
• Strong understanding of key treasury accounting standards - IAS32, IAS39, IFRS7, IRFS9, and relevant amendments due to Interest Rate Benchmark Reform
• Understanding of key drivers of treasury profit & loss and balance sheet movements
• Can define requisite accounting and analytical knowledge and skills for team members
• Provide training for team members in requisite technical skills
• Good communication skills, both written and verbal, including to an audience whose first language may not be English
• Work quickly to meet tight deadlines while maintaining a high level of accuracy
• Microsoft Office including Excel, PowerPoint and Word
• Willing and able to travel overseas for work on an occasional basis