5 days ago
About the Team
The world of Treasury and Commodity management is changing, companies are managing a wider range of risks and complexities than ever before. Commodity trading, foreign exchange volatility, market complexity and changing regulations are the new normal and as such our clients are asking for ever more support in these areas.
PwC’s Treasury and Commodities team provides a full range of assurance and advisory treasury support to clients across non-bank financial services businesses, trading businesses and leading multinational corporations. Our teams provide these specialist services to across a wide geographical area, including the UK, Europe and the Middle East.
In the UK, we have the Global Firms largest concentration of expertise including auditors, former Treasurers, Analysts, Risk Managers, Traders, IT Specialists and Finance professionals. We have been recognised as the leading Corporate Treasury & Commodities service provider in the country for the past 15 years winning the TMI best global treasury consultancy.
About the Role
As financial markets became ever-more sophisticated, so do the strategies and financial instruments utilised by corporations. In order to keep pace with these advances, we are seeking Senior Associates to help leading businesses manage and account for the risks associated with treasury and commodity transactions and market exposures.
The role will give new accountants the chance to build on their existing accounting knowledge and experiences by working on treasury and commodity activity across a wide range of client industries, on both audit and advisory projects. As part of our team Senior Associates are expected to provide advisory and assurance services as part of a team delivering
Treasury and Trading audit support;
Advice on treasury and commodity risk management, hedging strategies and appropriate derivative instruments and associated accounting;
Treasury and Trading controls and internal audit support;
Review and development of treasury and commodity risk and cash management policies, processes, controls and reporting;
Review and development of price, market, credit and liquidity risk frameworks for trading portfolios;
Review of processes and controls in Trading functions;
Treasury and cash transformation projects;
Support clients in developing the business case for, then selection, design and implementation of treasury, payment and cash system solutions; and
Involvement in the treasury and commodity aspects of transaction-related and M&A projects.
Essential skills & experience
ACA or ACCA qualification;
Experience as an advisor in a leading consultancy or as an external auditor;
Experience of working within a project environment as part of a team;
Strong analytical skills including the ability to interpret financial and non-financial data;
Strong attention to detail;
Flexibility in working in different environments;
Drive and determination to bring value to our clients;
Intellectually curious and agile and are hungry to learn;
- Excellent communication skills both written and oral; and
Ability to work both in small teams and as part of larger projects.
Associate member of the ACT or studying towards;
Strong understanding of treasury controls, internal audit capabilities;
Experience in one or more of the following areas – treasury systems, treasury operations/ back office;
Some knowledge of IAS 39/IAS 32/IFRS 7/IFRS 9;
Understanding of Commodities Trading business models and deal life cycles;
Experience of energy or commodity trading or other forms of commodity management; and
Familiar with using or building financial or other types of business models.