Treasury Accounting Specialist

The Treasury Accounting Specialist is responsible for accounting and efficient financial reporting of treasury related transactions, ensuring compliance with financial regulations and accounting standards (IPSAS). The role supports treasury management, financial reporting, audit processes, and capacity building within the Finance Group at UNOPS.

Responsibilities

• Ensure appropriate accounting of treasury-related transactions including FX-Spot, Forwards, NDF, Options, Interest Rate Derivatives, Inflation Swaps, Equity and Credit derivatives, Cash, Cash Equivalents, Fixed Income.
• Support ad-hoc valuation exercises of UNOPS investment portfolios and liaise with asset managers and global custodian.
• Ensure appropriate hedge accounting and review of hedging performance.
• Support UNOPS Treasury unit with managing hedge efficiencies and effectiveness.
• Ensure accurate accounting of UNOPS financial portfolios in accordance with IPSAS.
• Support treasury in triannual ALM study on liability-driven investment portfolios (ASHI).
• Maintain accuracy and system integrity by reviewing accounting results between Treasury Management System and ERP.
• Advise back office on accounting and reporting matters of in-house treasury transactions and liaise with treasury unit.
• Ensure accurate monthly recording and accounting of externally managed investments.
• Ensure understanding and recording of collateralisation postings for margin calls according to regulations and accounting standards.
• Exercise periodic monitoring over transactions and account balances to ensure compliance with regulations and standards.
• Ensure all applicable deadlines to books’ closures are met.
• Oversee and document accounting compliance of treasury-related transactions in ERP.
• Prepare regular management reports on accounting results, foreign exchange analysis, and externally managed investments.
• Support preparation and consolidation of monthly and quarterly financial forecasts.
• Support preparation of corporate financial statements in compliance with IPSAS.
• Provide support during internal and external audit processes and manage audit queries.
• Establish effective working relationships with key counterparts and manage expectations.
• Support process documentation and continuous improvements including development of SoPs and PQMS.
• Become a subject matter expert on accounting for treasury-related transactions.
• Develop innovative solutions to optimize financial processes and increase automation.
• Provide guidance and advice on financial accounting, interpretation, and operational guidance on accounting standards and financial regulations.
• Participate in development of Operational Manuals.
• Monitor developments and updates to accounting standards related to financial instruments and share knowledge.
• Provide expert advice and support in book closure and year-end closure processes.
• Maintain a log of issues, analyze data, and develop action plans to improve processes and controls.
• Contribute to developing and maintaining a strong control environment around financial reporting and transaction integrity.

Requirements

• Bachelor’s degree (or equivalent) preferably in Finance, Accounting, Financial Management or a related field with 7 years of relevant experience OR a Master's Degree (or equivalent) in any of the above disciplines with 5 years of relevant experience.
• Fully qualified accounting qualification with a recognised accountancy body is required.
• Specialized certifications such as chartered financial analyst (CFA) is considered an asset.
• Relevant experience is defined as treasury accounting working experience within an international environment is required.
• A thorough knowledge of International Public Sector Accounting Standards (IPSAS) or International Financial Reporting Standards (IFRS) is required.
• Experience in Treasury Management Systems, and ERP is considered an asset.
• Fluent proficiency in English is required.

Skills

• Treasury Accounting
• International Public Sector Accounting Standards
• International Financial Reporting Standards
• Financial Reporting
• Treasury Management Systems
• ERP Systems
• Audit Processes
• Accounting Qualification
• Chartered Financial Analyst
• Financial Regulations

Languages

English