Assistant Vice President, Financial Reporting & Control - Treasury Accountant

JobsCloseBy Editorial Insights

CLS is looking for an Assistant Vice President, Financial Reporting & Control - Treasury in London to oversee daily cash management, FX hedging, UC/AAA reporting cycles, intercompany settlements and treasury planning with a strong focus on accuracy and collaboration. You will manage operational cash balances, build and maintain bank relationships, and support the CFO and risk teams with clear, concise treasury dashboards and insights. The ideal candidate brings 5+ years in finance, solid systems skills (Oracle, Excel, PowerBI) and the ability to translate complex data for non finance stakeholders; 3LoD experience and cash flow forecasting are advantageous but not essential. To apply, tailor your CV to highlight hands on treasury experience, quantify impact, demonstrate cross functional collaboration and show your alignment with CLS values and flexible hybrid London on site working.

About CLS:

CLS is the trusted party at the centre of the global FX ecosystem.  Utilized by thousands of counterparties, CLS makes FX safer, smoother and more cost effective.  Trillions of dollars’ worth of currency flows through our systems each day. 

Created by the market for the market, our unrivalled global settlement infrastructure reduces systemic risk and provides standardization for participants in many of the world’s most actively traded currencies.  We deliver huge efficiencies and savings for our clients: in fact, our approach to multilateral netting shrinks funding requirements by over 96% on average, so clients can put their capital and resources to better use.

CLS products are designed to enable clients to manage risk most effectively across the full FX lifecycle – whether through more efficient processing tools or market intelligence derived from the largest single source of FX executed data available to the market.

Our ambition to make a positive difference starts with our people.  Our values underpin everything that we do at CLS and define our working environment:

• Pivotal purpose
• Trusted guardian
• Targeted innovation
• Facilitate connections
• Delivering excellence
• Inclusive culture

Job information:

• Functional title - Assistant Vice President, Financial Reporting & Control - Treasury 
• Department - Finance
• Corporate level - Assistant Vice President 
• Report to - Vice President, Finance Business Partnering - Treasury Manager
• Location - London

What you will be doing:

• Manage operational cash balances
• Prepare daily and monthly reporting
• Undertake FX hedging and money market activity
• Maintain banking relationships
• Support the Treasury Manager on a day-to-day basis, working closely to ensure there is an appropriate level of two-way communication to help deliver Finance’s objectives
• Daily and monthly Treasury reporting – preparation of the daily Cash and Cash equivalents report as well as month end reporting of overall Treasury position for the CFO and also Risk reports
• Fx hedging – ensuring that the Group is adequately hedged at all times through placement of Fx forward contracts as part of hedging program
• Month end Fx reporting – preparation and explanation of monthly Fx P&L
• Treasury planning and forecasting – forward looking planning and analysis around future requirements at both Group and Legal Entity levels
• Intercompany settlement – settlement of intercompany balances on a timely basis including transferring cash and posting necessary general ledger journals
• Interest receivable – placement of deposits and posting necessary general ledger bookings
• Build and maintain relationships with external Treasury related counterparties
• Annual Treasury review – assist in annual Treasury review with any necessary updates to the Treasury & Capital Management policy and the investment guidelines
• Support Legal Entity function where required
• Facilitate monthly Treasury meeting with CFO, Head of Finance, Treasury Manager, and ED of Finance
• Facilitate quarterly meeting with Risk to review investment portfolio
• Manage relationship with Banks and bank accounts

What we are looking for:

• Understanding of cash management and liquidity would be advantageous
• Demonstrates ability to work in a fast-paced, strong controls and cross-functional environment
• Attention to detail
• Excellent communication and presentation skills, with the ability to distil complex information to non-finance stakeholders
• Experience of a three lines of defence (3LoD) control framework and cashflow forecasting / management would be advantageous but is not essential
• Strong knowledge of financial systems (e.g. Oracle, Excel, PowerBI etc.)

Qualifications

• Bachelor’s degree (Finance or equivalent) with 5+ years’ experience

Our commitment to employees:

At CLS, we celebrate inclusion and consider this to be one of our strongest assets. We are committed to fostering an environment in which everyone feels comfortable to be who they are, and inclusion is valued. All employees have access to our inclusive benefits, including:

• Holiday - UK/Asia: 25 holiday days and 3 ‘life days’ (in addition to bank holidays). US: 23 holiday days.
• 2 paid volunteer days so that you can actively support causes within your community that are important to you.
• Generous parental leave policies to ensure you can enjoy valuable time with your family.
• Parental transition coaching programmes and support services.
• Wellbeing and mental health support resources to ensure you are looking after yourself, and able to support others.
• Employee Networks (including our Women’s Forum, Black Employee Network and Pride Network) in support of our organisational commitment to embrace and always be learning more about inclusivity.
• Hybrid working to promote a healthy work/life balance, enabling employees to work collaboratively in the office when needed and work from home when they don’t.
• Active support of flexible working for all employees where possible.
• Monthly ‘Heads Down Days’ with no meetings across the whole company.
• Generous non-contributory pension provision for UK/Asia employees, and 401K match from CLS for US employees.
• Private medical insurance and dental coverage.
• Social events that give you opportunities to meet new people and broaden your network across the organisation.
• Annual flu vaccinations.
• Discounts and savings and cashback across a wide range of categories including health and retail for UK employees.
• Discounted Gym membership – Complete Body Gym Discount/Sweat equity program for US employees.
• All employees have access to Discover – our comprehensive learning platform with 1000+ courses from LinkedIn Learning.
• Access to frequent development sessions on a number of topics to help you be successful and develop your career at CLS.