Treasury Controller Job Description
Treasury controller
provides subject matter expertise related to funding, liquidity management, liquidity stress testing, asset/liability management, interest rate risk management, capital adequacy, and capital stress testing.
Treasury Controller Duties & Responsibilities
To write an effective treasury controller job description, begin by listing detailed duties, responsibilities and expectations. We have included treasury controller job description templates that you can modify and use.
Sample responsibilities for this position include:
Prepare journal entries and assist in book keeping for treasury related activities including Investments, Debt and Derivatives
Oversee the CIB Treasury RWA operating model through reporting cycle
Daily interaction with Corporate Treasury, Market Risk, Operations, IT, and other key finance groups (Accounting Policy, Management Reporting, Balance Sheet Reporting, Market Risk Controllers, Regulatory)
Coordinate with Capital International sub-businesses on the implementation of new regulatory requirements and initiatives affecting Treasury related areas
Drive standardization in accounting and operational process controls for Treasury related areas of accounting
Oversee quarterly due diligence reporting and quarterly disclosure/reporting for long term
Completion and circulation of daily P&L decomp analysis, investigating unexplained P&L where they occur
To ensure errors are minimised through a methodical and meticulous approach to work and by understanding and assuming primary responsibility for all aspects of their allocated daily and M/E processes
To act as a team player
Work with internal stakeholders Corporate Financial Reporting, Policy groups, Legal, RCMO, to clarify interpretations and reporting requirements
Treasury Controller Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Treasury Controller
Typically a job would require a certain level of education.
Employers hiring for the treasury controller job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Accounting, Economics, Business, Business/Administration, MBA, Mathematics, Communication, Accountancy, Technical
Skills for Treasury Controller
Desired skills for treasury controller include:
Essbase would be an added advantage
Retail banking and products
Basel Capital rules and RWA
Derivatives
Any other valuation tool is an asset
Apply a deep understanding of regulatory guidelines across capital and liquidity
Bloomberg
Business complexity'
Capital and liquidity risk regulations
Commitments
Desired experience for treasury controller includes:
Daily P&L production and attribution of P&L
Balance Sheet and P&L reconciliation
Dealing with ad hoc queries from management
Enhance controls and control self assessments to strengthen the control environment associated with the liquidity reporting performed by CB Treasury within the liquidity risk infrastructure (“LRI”)
Review and validate margin calls and reconcile mark-to-market changes
Investigate any discrepancies on a trade level for Initial or Variation Margin
Treasury Controller Examples
1
Treasury Controller Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of treasury controller. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for treasury controller
- Collaborate with the Risk Management Team
- Manage counter-party hedge regime by monitoring the fund’s exposures and instructing the execution of credit default swaps hedges
- Consistently seek opportunities to improve processes, controls and procedures
- Work closely with operations to reconcile daily cash balances and resolve pending cash discrepancies as necessary
- Identify gaps in current practices with the goal of increasing efficiency
- Prepare key reports related to Treasury for senior management, the SEC and Regulatory reporting teams
- Prepare various analytical and reconciliation reports between the general ledger, sub-ledgers and third party systems
- Participate in system implementations and other strategic initiatives as needed
- Responsible for ensuring the integrity and completeness of all Treasury data (including required disclosures, schedules, and other information) provided to Program Office accounting, reports to regulators, financial disclosures for bond offerings, and all other major financial reports provided internally and externally (including the review of interest expense on long-term debt, tax-exempt revenue bonds, and other bond financings)
- Provide support to the investments team to reviewing the accounting and compliance impacts of new investment vehicles and regulatory changes, particularly alternative investments
Qualifications for treasury controller
- Preparation of the Consolidated Daily Hedging Instruction to Corporate Treasury to mitigate Transaction Currency Risk to the firm
- Monitor and understand the Daily Control Framework, resolving issues where necessary
- Acting as Cost Center Controller for Treasury Cost Centers in terms of hedging out currency exposure
- Preparation of Non-Standard Hedging Instruction for Asia Corporate Treasury
- Month end substantiation and sign-off responsibilities within 3R’s system for Net Revenue and Balance Sheet Accounts on Treasury Cost Center’s
- Support manager dealing with ad hoc requests from Corporate Treasury desk
2
Treasury Controller Job Description
Job Description Example
Our growing company is hiring for a treasury controller. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for treasury controller
- Controlling of equity, dividends and shares
- Analysis and explanation of the Group’s financial items
- Performing and maintaining internal control procedures
- Contributing to the improvement of financial reporting systems and processes
- Participating in projects on an ad-hoc basis, including the current implementation of a new treasury management system
- Head of projects in order to improve transparency and performance inclusive management of transfer prices
- Support in the management of the cash-, fx- and interest rate risks
- Implementation of cashpools
- Assistance of our international subsidiaries in all treasury related questions
- Providing accounting advice and guidance to project teams to ensure that transactions are appropriately reported and understood
Qualifications for treasury controller
- An ability to see the bigger picture and quickly contextualize process knowledge
- Strong IT skills - Excel essential
- Numerate and good attention to detail
- Qualified accountant Minimum 5+ years’ experience with accounting / financial services background
- Proactive and “on-the-ball” ability being flexible and responsive to change
- Familiarity with internal JPM systems a plus
3
Treasury Controller Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of treasury controller. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for treasury controller
- Ensure that accounting controls are adequate and effective
- Ensure reconciliations are accurate, complete and in compliance with US GAAP
- Be a collaborative business partner with the Treasury Group, and other segment CFO's and Controllers
- Manage a group of 8 colleagues
- Review and approve information being used by Regulatory and SEC reporting to prepare quarterly reports, including SOX controls
- Identify and implement opportunities to continuously improve controls and financial performance of the business segment
- Responsible for the monthly close process for Treasury
- Interact with internal & external auditors (and Risk Management) and other regulators as necessary
- Support analysing and evaluating clients’ financial (credit) profile and decisions on credit limits and collaterals for monitoring issued and received collaterals
- Lead the team of 3 responsible for ‘FVA’ front to back reporting in CIB
Qualifications for treasury controller
- Management/staff development experience required
- Ability to multi task and work under pressure - both independently, in a team-oriented, collaborative environment
- Graduate in Banking and Finance
- Minimum of 2 years work experience in Product Control/Finance Control/Risk or related function
- 5+ years of experience in an accounting capacity, to include 2+ years support of a Treasury function
- A self-starter, the candidate must be promptly efficient in a fast paced environment
4
Treasury Controller Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of treasury controller. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for treasury controller
- Key point of contact for the Front office (located in New York and London), Market Risk, VCG and Financial Control to ensure that queries are explained and issues closed out
- Partner/work closely with LOB controllers to understand the booking structure/Impact on ‘FVA’ and ‘OCI’ impact on large notes issuance
- Partner with the Market Risk teams and FO to ensure daily risk is complete and signed off
- Liaising with LOB Controllers with regards to FTP policy charges and relevant impact analysis
- Other the BAU responsibilities- the candidate will be involved in ad hoc and strategic project work, including the testing / migration between FTP Technology platforms
- Responsible for ‘FVA’ front to back reporting in CIB
- Assists with monthly closing, quarterly financial reporting and analysis particularly with items related to tax provision, deferred taxes, stock option plans, EPS, equity, and debt covenant
- Assists with the calculation of quarterly international management service and cost sharing agreement fees
- Manages, reviews, and provides federal and state income tax related information to 3rd party tax preparers for tax provision and tax return processes
- Reviews and finalizes quarterly and annual tax provision for effective tax rate
Qualifications for treasury controller
- Accounting Qualification (Part or Full) preferred
- Good analytical skills, the ability to process and understand information from varying sources and systems
- 10+ years of progressive accounting experience, including managing global teams
- Hands on accounting/business management experience at large, multi-national complex organizations is preferred
- Prior experience of working in Financing / Treasury would be preferred but not absolutely required
- Strong interpersonal skills, including verbal and written communication - ability to obtain, understand, and disseminate information to various cross-function groups
5
Treasury Controller Job Description
Job Description Example
Our company is looking to fill the role of treasury controller. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for treasury controller
- Reviews sales and use and property tax returns
- Reviews annual federal and state income tax returns prepared by 3rd party tax preparers
- Reviews and finalize annual foreign bank account return
- Coordinates with 3rd party tax advisors regarding FIN 48, transfer pricing, R&D tax credits, and international issues
- Support the team other CIB Treasury teams to forward the CIB Treasury agenda
- Maintain the agenda for RWA reporting projects within the CIB Treasury Capital Controller Team
- Ownership of the daily P&L and Risk reporting process for ‘FVA’ on FVO liabilities
- Contribute to key treasury projects like cash forecasting, in house banking, centralizing FX risk in close cooperation with front office
- You will manage key risks such as interest rate and foreign exchange risks
- You will provide analysis and information in response to ad hoc requests from various areas throughout the firm
Qualifications for treasury controller
- Ability to establish strong relationship with business partners at VP level
- Innovative and flexible approach to problem solving, with a focus on continuous improvement
- Great attitude and ability to work independently in a fast-paced environment
- Exceptional internal control focus
- Oversee and manage the day-to-day deployed production team in Mumbai responsible for daily and month end product control for various Treasury products
- Contribute to EMEA and department level initiatives