The Treasury Accountant is responsible for managing, organizing, structuring, and implementing all treasury-related processes. Further, it’s the incumbent’s responsibility to ensure liquidity and to manage all treasury instruments. The execution/review of payment runs, FX exchanges, liquidity/FX planning & analysis, and cash flow forecasts are performed by this position. Integrity and compliance have to be ensured at any time.
Formal Qualifications:
Finance Management (FM) or Treasury Management (TM), Accounting (AC) or FP&A (FA) - FM and TM preferred
Overall Experience:
- 3 to 5 years’ experience in treasury
- Advanced working knowledge of Microsoft Office, proficiency in Microsoft Excel.
- FX trading tool- Intermediate
- Trading & Hedging- Intermediate
- Cash Tools & Processes- Advanced
- Liquidity & FX Forecasting/Planning-Advanced
- Payment run- Advanced
Cash Flow & Liquidity:
- Prepare and analyse monthly liquidity forecasts, FX forecasts, and cash flow statements.
- Ensure and manage liquidity to meet operational and strategic funding needs.
- Ensure timely and accurate payment runs.
- Set up, manage, and maintain cash pools to optimize cash usage across entities.
- Ensure monthly cash account reconciliations are completed accurately and on time
- Monitor foreign exchange (FX) rates and execute FX exchanges.
- Manage FX rates in SAP and maintain accurate FX-related interfaces.
- Report FX reasonability, cash holding levels, and other treasury metrics.
- Act as the primary point of contact for banks, credit card providers, and FX trading service providers.
- Manage bank mandates and oversee bank account openings/closings.
- Handle bank guarantees, loans, and oversee credit cards, cheques, and petty cash.
- Maintain authorizations, online banking access, and treasury user rights.
- Negotiate contracts with banks and credit card providers, aiming for cost efficiency.
- Ensure segregation of duties, adherence to internal controls, and regulatory compliance.
- Maintain and regularly update treasury guidelines, manuals, and regulations.
- Ensure that treasury processes and systems comply with group policies and external requirements.
- Manage and maintain interfaces (e.g., payment runs, FX rates, FX exchanges).
- Ensure accurate and timely reporting to Group, covering financial data, FX exposures, thresholds, and liquidity metrics.
- Implement and improve processes, drive automation, and create operational efficiency.
- Manage treasury-related projects from initiation to successful implementation.
- Lead or support cross-functional initiatives and process improvement projects.
- Guide and mentor Treasury Junior Accountant, ensuring development and knowledge transfer.
About the company
Company website•Pharmaceutical Manufacturing
With a 170-year heritage, Aspen is a global specialty and branded multinational pharmaceutical company with a presence in both emerging and developed markets. We have approximately 9 100 employees at 69 established offices in over 50 countries and we improve the health of patients in more than 150 countries through our high quality, affordable medicines.
Aspen focuses on marketing and manufacturing a broad range of post-patent, branded medicines and domestic brands covering both hospital and consumer markets through our key business segments. Our key business segments are Manufacturing and Commercial Pharmaceuticals comprising Regional Brands and Sterile Focus Brands. Our manufacturing capabilities cover a wide variety of product types including steriles, oral solid dose, liquids, semi-solids, biologicals and active pharmaceutical ingredients.
We operate 23 manufacturing facilities across 15 sites and we hold international manufacturing approvals from some of the most stringent global regulatory agencies including, among others, the United States Food and Drug Administration, the Australian Therapeutic Goods Administration and the European Directorate for the Quality of Medicines.