Acceleration Center - Managed Services - Treasury - Sr Associate

Line of Service Advisory Industry/Sector Not Applicable Specialism Managed Services Management Level Senior Associate Job Description & Summary A career in our Managed Services team will provide you an opportunity to collaborate with a wide array of teams to help our clients implement and operate new capabilities, achieve operational efficiencies, and harness the power of technology.
Our Strategic Program Management Office Sourcing practice will provide you with the opportunity to help organisations balance long term strategies and short term imperatives to optimise their investments and strategic activity required to achieve the organisation's business objectives.
We help enhance organisations project and program performance by identifying alternative project approaches, consistently aligning projects with corporate strategy, setting the tone and pace of programmes from the outset, responding quickly and effectively to crisis situations and extracting value from agile program delivery.
Our team's roles focus on project portfolio management for both people and client management.
Additionally our team processes services such as portfolio, program, and project management which require a diverse range of skill sets needed and growth opportunities for new and experienced team members.
To really stand out and make us fit for the future in a constantly changing world, each and every one of us at Pw C needs to be a purpose-led and values-driven leader at every level.
To help us achieve this we have the Pw C Professional; our global leadership development framework.
It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.
As a Senior Associate, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution.
Pw C Professional skills and responsibilities for this management level include but are not limited to: Use feedback and reflection to develop self awareness, personal strengths and address development areas.
Delegate to others to provide stretch opportunities, coaching them to deliver results.
Demonstrate critical thinking and the ability to bring order to unstructured problems.
Use a broad range of tools and techniques to extract insights from current industry or sector trends.
Review your work and that of others for quality, accuracy and relevance.
Know how and when to use tools available for a given situation and can explain the reasons for this choice.
Seek and embrace opportunities which give exposure to different situations, environments and perspectives.
Use straightforward communication, in a structured way, when influencing and connecting with others.
Able to read situations and modify behavior to build quality relationships.
Uphold the firm's code of ethics and business conduct.
This role will sit within the Pw C Managed Services team.
More specific responsibilities for this role include: Daily cash management - responsible for managing daily cash position for multiple clients to ensure sufficient liquidity to meet short term funding needs.
Responsible for confirming all bank account statements (prior day and current day) have been accurately captured by the system and daily cash reconciliation properly executed; if upload fails, will need to work with bank and technology vendor to quickly solution.
Responsible for investigating any large variance from previous day's cash position.
Prepare daily positions / funding recommendations for client approval and sign-off.
Cash forecasting - responsible for accurately preparing cash forecasts to determine short-term liquidity needs (13 week rolling) for our clients.
Prepare weekly cash forecasts (and adhoc, upon client request).
Conduct variance analysis to gain understanding for discrepancies and continuously refine forecast to more accurately predict timing of cash requirements and expected cash surpluses and deficiencies.
Intercompany loan management - support intra funding requirements (loans and deposits) and identify intercompany loan / deposit requirements (new loan / deposit, settlement and roll-over) between client entities through client documented guidelines to ensure adequate liquidity while maintaining compliance requirements.
Accurately capture intercompany loan / deposit activity with system and maintain / attach required documentation.
Coordinate with client contacts to develop and capture necessary requirements for any new loan agreements.
Ensure system accurately captures accounting and monthly interest is accurately earned / paid.
Bank account management - responsible for coordinating bank account documentation to support client requested bank account changes including account openings, account closings and signatory management.
Manage bank related documentation, act as key point of contact between bank and our clients and accurately maintain bank account details within Treasury Management System.
Manage client request workflow to ensure requested change is within client guidelines and, if within guidelines, coordinate with client resources to complete bank requirements to reflect desired change (account opening, account closing, signatory change).
Ensure appropriate maintenance of bank connectivity and account related services are established / deactivated (initiate setups and required services with new account; deactivate bank connectivity to TMS and confirm account closure for bank account closure request).
Cash accounting - accurately capture cash / bank statement related transactions within Treasury accounting module.
Maintain tagging assignment rules; continuously looking for opportunities to refine and further automate process.
Coordinate with key client resources to accurately capture accounting details for one-off cash inflows / outflows that do not have established tagging assignment rules.
Maintain Treasury managed service system controls/procedures.
Act as key client administrator ensuring client and key Pw C resources maintain required access, as determined by our clients.
Act as key client liaison on core Treasury activities between clients, Pw C and banking partners; field ad hoc client questions and requests.
Job Requirements and Preferences: Bachelors' degree in accounting, finance or related degree required.
Appropriate experience in lieu of education may be considered.
3-6 years of professional experience.
Association of Financial Professionals Certified Treasury Professional (CTP) designation desirable.
Preferred Knowledge/Skills: In addition to the necessary skills and experience to perform the responsibilities outlined above, there are a number of traits that a successful candidate will possess: Corporate treasury experience and interest in growing Treasury skillsets.
Excellent analytical, communication and presentation skills.
Strong computer skills including knowledge of computer financial applications, ERP packages, and Consolidation and Reporting Systems are preferred.
Proficiency in Word, Excel, and Power Point.
Familiarity with Digital Tools such as Tableau, Alteryx and Power BI.
Entrepreneurial with a self-starting personality; ability to prioritize and manage multiple responsibilities simultaneously.
A team player with the ability and understanding of how to operate in a dynamic environment.
Ability to work both independently and as a team player.
Able to mentor and develop treasury proficiency in others.
Ability to organize and complete work related projects in a timely manner.
Flexible, adaptable, and willing to do what it takes to get the job done.
The desire and the ability to continuously process significant feedback from any source and to rapidly convert this learning into action.
Travel Requirements: Up to 20% Available for Work Visa Sponsorship? No Government Clearance Required? No Job Posting End Date #J-18808-Ljbffr