Contact UsSENIOR ACCOUNTANT: TREASURY & INVESTMENTS – JOB DESCRIPTION
Under the supervision of, and reporting to the Chief Financial Officer, the Senior Accountant-Treasury and Investments will be responsible for developing the ATI Investment and Treasury Strategy, Funding Strategy and Asset Liability Management as well as managing and monitoring treasury and investments performance; managing and monitoring the funding structure and ensuring capital adequacy and liquidity.
Key Duties and Responsibilities:
- In charge of developing the ATI investment, capital management and asset liability management strategy
- Development of ATI’s investment policy, funding strategy, and liquidity management strategy
- Develop, monitor and manage ATI’s bank relationships
- Identification of fund managers for approval by the CFO and the Management Investment Committee
- Manage the performance of fund managers including setting appropriate performance benchmarks and ensuring that these benchmarks are achieved
- Give professional advice on strategic and tactical asset allocation
- Manage long term and short term cash flow and working capital /liquidity management.
- Manage balance sheet and day to day liquidity to support the business needs.
- Balance Sheet Optimisation
- Responsible for assets and liability matching, currency risk management and risk mitigation strategies such as hedging
- Forecast medium and long-term funding requirements
- Design and implementation of strategies to mitigate risks such as financial risk, market risk, credit risk, liquidity risks and capital management risks
- Manage and monitor treasury and investments
- Analyse and optimize investments’ return
- Oversee the work of the Treasury and investments department and ensure that all transactions are properly booked in an accurate and timely manner
- Review all investment accounts and ensure balance sheet reconciliations are done on a monthly basis and all reconciling items are resolved in a timely manner and that all balances are agreed with all counterparties.
- Ensure valuations of all investments is conducted in accordance with IFRS.
- Explore and propose new investment opportunities and different classes of investment to the MIC
- Produce monthly report and dashboards on investments including the macro and microeconomic outlooks guiding the short term and long-term investment strategy
- Coordinate with bank and asset managers
- Manage capital (share valuation, dividends, share buy-back, etc.)
- Work closely with the Membership Department/Unit
- Work on due diligence processes for financial institutions and other investment proposals
- Prepare management and board investment reports
- Implement effective people management initiatives including:
✔ Monitoring workflow, volume of work deliverables and the delivery of work of direct reports;
✔ Assisting team members in outlining their professional development goals and identifying any need for and monitoring “on the job training”; mentoring and coaching team members;
✔ Ensuring the efficient and fair assignment of work to direct reports; and
✔ Providing ongoing informal and formal feedback to direct reports and ensuring direct reports who are primary supervisors provide similar feedback to those they supervise.
✔ Assisting team members in outlining their professional development goals and identifying any need for and monitoring “on the job training”; mentoring and coaching team members;
✔ Ensuring the efficient and fair assignment of work to direct reports; and
✔ Providing ongoing informal and formal feedback to direct reports and ensuring direct reports who are primary supervisors provide similar feedback to those they supervise.
Role Specifications:
- A Master’s degree in Business Administration (MBA), Finance or Accounting Option
- Bachelor of Commerce degree in Accounting or Finance
- Professional investment qualifications e.g. CFA
- Membership of a professional body such as CA, ICPAK, CIMA, ACCA or similar bodies
- A minimum of twelve (12) years relevant Investment and Treasury experience
- Knowledge in strategy development
- Knowledge in policy development
- Knowledge of and experience working in a Treasury function
- In-depth understanding of the global fixed income market and investments
- Knowledge and experience in foreign currency hedging strategies, cash flow forecasting and debt sourcing skills
- Good understanding of Solvency II and RBC
- Microsoft excel modelling capabilities
- Risk management skills
- Strong analytical skills with a high level of accuracy and attention to details
- Strong planning and organizing skills
- Proactive and autonomous.
- Proficiency in standard office computer applications.
- Demonstrate ATI’s core values – unity of purpose, customer first approach, integrity, getting it first the right time and creativity;
- Ability to work in a multi-cultural environment;
- Excellent communication (oral, written and presentation) and interpersonal skills; and
- Fluency in written and spoken English. French will be an advantage.