Assistant Treasurer Job Description

Assistant Treasurer Job Description

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Assistant treasurer provides consultative advice on financial matters to other internal stakeholders including finance, accounting, risk and other affiliates.

Assistant Treasurer Duties & Responsibilities

To write an effective assistant treasurer job description, begin by listing detailed duties, responsibilities and expectations. We have included assistant treasurer job description templates that you can modify and use.

Sample responsibilities for this position include:

Support the Group Treasurer in management of banking relationships for the Group within a traditional relationship banking model
Have significant knowledge of UK banking systems, cash management systems and payment techniques
Monitor banking and counterparty exposures, banking fees to ensure that they are appropriate for the services received
Act as liaison to Corporate Accounting and Financial Planning & Analysis to facilitate interest rate and foreign exchange forecasting, external reporting of interest rate and foreign exchange and market risk and accounting for derivative positions
Play key role in financial statement standardization process, as owners of funds, through identification and drafting of new disclosure requirements, documentation of required accounting policies, and liaising with external auditors, as applicable per jurisdiction and supporting the ultimate certification of the financial statements under the Sarbanes-Oxley Act
Play key role in financial statement standardization process, as owners of funds, through identification and drafting of new disclosure requirements, documentation of required accounting policies, and liaising with external auditors, as applicable per jurisdiction
Assist local business operating units with banking relationships and services
Partnership with all functional areas within CSIM to coordinate and initiate Accounting Policy reviews/updates any industry changes/trends
Lead the project to further develop the Treasury Management System (TMS) with a view to expanding its scope and reach to support cash management and Treasury related activity
Have significant knowledge of financial markets and products

Assistant Treasurer Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Assistant Treasurer

List any licenses or certifications required by the position: CTP, CFA, CFO, CPA, MBA, CCM

Education for Assistant Treasurer

Typically a job would require a certain level of education.

Employers hiring for the assistant treasurer job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Accounting, MBA, Business, Economics, Business/Administration, Education, Management, Graduate, Engineering

Skills for Assistant Treasurer

Desired skills for assistant treasurer include:

Capital markets
Banking
Cash management
Financial modeling
Products
Accounting
Accounting and internal controls
Applications
Appropriate accounting and financial software programs
Banking and investment legal and regulatory environment

Desired experience for assistant treasurer includes:

Minimum 10 -12 years treasury experience
Collaborative, proactive, energetic
Courage of convictions
Own all aspects of a designated group of funds, evidenced by an in-depth knowledge of those funds including
Work globally as an Assistant Treasurer/Director team, including liaising with Fund Operations, Tax, Compliance and Portfolio Management, promoting consistent and best practices across the businesses and locations
Advanced degree/diploma MBA/CFA/CPA/FRM

Assistant Treasurer Examples

1

Assistant Treasurer Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of assistant treasurer. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for assistant treasurer
  • Drive the technology strategy for the Corporate Treasury group and optimize banking structure
  • Provide general treasury support relating to M&A transactions and arrange for settlement and conversion of banking arrangements
  • Worldwide Cash Management – work with the Tax Department and the Mergers and Acquisition team to identify opportunities to either repatriate excess funds or utilize excess funds effectively for an acquisition
  • Credit Facility/Bond Management – Manage compliance reports for credit facility and senior notes, verify interest expense billed, paid and booked by accounting
  • Oversee financial risk management, interest rate and FX hedging
  • Manage relationships with banks and credit rating agencies
  • Develop and recommend capital allocation strategies, including dividends and share repurchases
  • Direct the company’s foreign exchange risk management programs
  • Manage the company’s international treasury activities, including inter-company loan transactions, and coordinate with the Tax group on cash repatriation strategies
  • Design and document Treasury policies and procedures to meet internal control and Sarbanes-Oxley requirements
Qualifications for assistant treasurer
  • Minimum of 7-10 years treasury experience
  • Coordinate with the HR compensation group and the management benefits and compensation committee to direct the company’s investments in the defined benefit and defined contribution plans, and to ensure the company meets its fiduciary responsibilities to retirement plan participants
  • Lead development of asset/liability studies for defined benefit plans
  • Conduct due diligence and prepare funding plans for the company’s acquisitions
  • Strong computer proficiency, including Microsoft Word, Excel, Outlook, and database systems
  • Proven experience in modeling, financial analytics, and/or reporting financial performance
2

Assistant Treasurer Job Description

Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of assistant treasurer. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for assistant treasurer
  • Lead and direct the GFAR managerial staff to ensure accurate, timely and complete execution of GFAR deliverables
  • Work globally to standardize internal and external reporting, such as board materials, TERs, yields, regulatory reporting, and any other reporting we provide to our customers, as applicable per jurisdiction
  • Meet with regulators, trade associations and other local authorities to influence corporate governance, best practice and equitable outcomes in line with global best practices for the Fund and our investors, particularly on operational practices
  • Be able to implement strong internal controls
  • Have experience of people management and able to motivate and develop staff
  • Have the ability to prioritise across a number of competing agendas
  • Be able to perform in an environment of rapid change
  • Manages daily cash and debt balances the delivery and clearing of investment positions and counterparty collateral allocation of debt positions
  • Develop and execute on financing and other corporate finance opportunities to support the company’s business strategy, including M&A financing
  • Bring innovative ideas to how we think about all areas of risk, including balance sheet, capital structure and financing risk, foreign exchange, interest rate and commodity exposures, and general business risk the ability to execute on these strategies
Qualifications for assistant treasurer
  • Development of funding and risk management strategies for large transactions
  • Proficient in MSFT Word, Excel and Powerpoint
  • Work with the Corporate Treasury team, international business units and Tax to recommend and implement appropriate funding and repatriation structures for foreign subsidiaries
  • Develop and strengthen relationships with financial institutions on a global basis
  • Identify and implement potential hedging strategies
  • Identify and implement activities that reduces treasury costs and expenses
3

Assistant Treasurer Job Description

Job Description Example
Our company is growing rapidly and is hiring for an assistant treasurer. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for assistant treasurer
  • Manage, monitor and review treasury, procedures and systems to provide internal controls and enhance efficiencies
  • Manage the portfolio of banks, to ensure best execution, and recommend changes when necessary
  • Maintain all SOX controls, and self-testing for FX, derivative and debt activity
  • Ensure Corporate Treasury’s compliance with FASB No
  • Communicate with foreign subsidiaries to arrange intercompany loan transactions or intercompany payments
  • Monitor and review the monthly reports and analyses performed by the business units on the Accounts Receivable facility
  • Work with the Treasurer to maintain global Treasury relationships with all credit facility banks
  • Manage relationships with commercial and investment banks, work with executive leadership to assess financial performance and future capital needs, and provide short term to long term financial modelling of the company's financial position
  • Lead in providing data of derivative and hedging transactions for periodic reporting (monthly/quarterly) to internal and external parties
  • Management of the Risk mgmt
Qualifications for assistant treasurer
  • Five years of secretarial or administrative office experience including office management skills
  • Strong oral and written communication skills with content and context editing and the ability to compose correspondence, proofread and develop / maintain the office filing system
  • Experience with FASB 133 and FASB 52 a strong plus
  • Proficient with Treasury Management Systems (TMS), Oracle, HFM and Sungard (or similar financial systems) strongly preferred
  • Experience successfully leading global Treasury or Finance technology implementations and facilitating or leading process redesign projects preferred
  • Level of decision making authority is extensive
4

Assistant Treasurer Job Description

Job Description Example
Our growing company is hiring for an assistant treasurer. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for assistant treasurer
  • Oversee all aspects of the companies’ credit facilities to ensure competitive pricing and attractive terms
  • Work with Senior Management to develop and evaluate capital structure strategies including share repurchase programs, dividend policies, and interest rate derivatives
  • Oversee all aspects of the company’s card programs including the gift card entity
  • Diary management for MD Treasurer, VP Head of Risk, VP Treasury
  • Incoming / outgoing phone calls
  • Screening and onward delegation or distribution of all post and emails
  • Preparing correspondence and presentation materials
  • Organising conference calls and video conferences
  • Preparation, collection and distribution of materials and agenda for meetings
  • Maintaining an accurate and up to date document management system
Qualifications for assistant treasurer
  • Expected to work with maximum level of autonomy in the areas of treasury operations and foreign exchange risk management
  • The impact of his/her decision on the organization will have significant and potentially large financial ramifications
  • Coordination and scheduling of interviews for recruitment
  • Coordinating rotational holiday/sickness cover within the PA team
  • Team holiday and absence time management and monitoring
  • Assisting in set up and organisation of team’s attendance at training courses / team away days / celebratory events , in conjunction with Griffin House Events Co-ordinator where appropriate
5

Assistant Treasurer Job Description

Job Description Example
Our company is looking to fill the role of assistant treasurer. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for assistant treasurer
  • Ensure Treasury operations are efficient, subject to adequate segregation of duty and well documented
  • Have significant experience in corporate treasury environments
  • Be a strong people manager and team player
  • Hold relevant financial professional qualifications with ACT membership preferable
  • Be responsible for global cash forecasting to ensure adequate liquidity and identify liquidity trends in the U.S. and overseas operations
  • Coordinate with the Financial Planning & Analysis group to further develop and maintain an accurate cash flow forecast
  • Assist the Global Treasurer in overseeing the company’s U.K
  • Assist in managing all debt, including covenant compliance, payment of interest, principal amortization, principal pre-payments, funding resets, loan assignments and tracking of investor holdings
  • Arrange credit as needed, including letters of credit, overdrafts, FX trading limits and bank guarantees
  • Participate in rating agencies’ projects and undertake financial ratio analysis
Qualifications for assistant treasurer
  • Proven substantial PA experience at Senior Level
  • PowerPoint (at least intermediate knowledge)
  • Courteous with a collaborative and tolerant working style, a pleasant personality and a good sense of humour
  • Comfortable working as part of a small team, a self-starter who is enthusiastic, willing and able to take on responsibility
  • Highly organised, pragmatic and reliable, with a high degree of accuracy through due attention to detail
  • Flexible and mature outlook, adaptable to changing priorities and comfortable managing workload and deadline pressures that may involve some occasional late working

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