Manager, Treasury Accounting

Why apply for this role?

The purpose of this role is to is to draw upon specialist knowledge to develop and deliver the Banks business objectives. With guidance from the Senior Manager, youll contribute to the development of policy and controls within a changing business environment as well as directly performing and overseeing the work of the department.

Youll manage a small team with responsibility for a specific business unit and/or part of the departments reporting and control activities, as well as having additional cross department responsibilities for elements of the reporting and reconciliation work of the department performed across all areas. Youll be expected to contribute widely to the duties of the team and to rotate between functions.

What youll be doing

• Preparing all IAS 39 hedging documentation, and performing all necessary reconciliations and balance sheet substantiation for balances relating to hedging accounting
• Preparing all necessary analysis to ensure the IAS 39 hedge accounting is complete and accurate
• Analysing viability of proposed hedging strategies from an IAS 39 perspective and provide proper guidance/advice to Front Office and other departments
• Producing the hedge analysis and disclosures required by Group Finance and Santander Madrid Finance in monthly hedge disclosures
• Ensuring a full audit trail for all accounting and reconciliation processes, and ensuring that the control infrastructure around the reconciliation process is robust
• Flagging and investigating any problems or unusual items in hedged packages

What were looking for

• Strong technical accounting (hedge accounting knowledge) especially IAS39, IFRS 9 and IFRS 7
• Extensive Treasury product knowledge with a strong emphasis on derivative valuation knowledge including an understanding of the drivers of changes in valuation
• Qualified accountant ACA/ACCA/CIMA
• Previous experience in hedge accounting / Treasury Finance / Product control team, or strong technical financial institution / instrument experience PQE from practice is desirable
• Excellent attention to detail, and the ability to work accurately under pressure, often to very tight timescales
• Excellent MS Excel skills and communication skills

What else you need to know

Given the recent impact of the Coronavirus outbreak we will be conducting all interviews via telephone or video-conference where possible.

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How well reward you

As well as a competitive salary, youll enjoy a benefits package that you can tailor to your needs.

• Eligible for a discretionary performance-related annual bonus
• Pension with generous contributions of up to 12.5% from Santander, depending on your own contribution and length of employment with us
• 30 days holiday plus bank holidays, with the option to purchase up to 5 contractual days per year
• 6,000 car allowance per year
• Company funded individual private medical insurance
• Voluntary healthcare benefits at discounted rates such as private medical insurance for your family, dental insurance, healthcare cash plan and health assessments
• Benefits supporting you and your family, such as death-in-service benefit, income protection, and voluntary life assurance and critical illness cover
• Share in Santanders success by investing in our Sharesave and Partnership shares plans

For more information about our wide range of benefits and family friendly policies visit our website.

Why Santander?

At Santander, with only a small action or a simple idea, you can achieve great things. You can improve the daily life of more than 140 million people. You can collaborate with a friendly team of more than 200,000 employees.

It doesnt stop there. Youll also be part of a vibrant organisation thats been reinventing itself for more than 160 years. One that invests millions of pounds in training its people every year. One that helps more than 2 million people every year with social programmes.

We call it #TheSantanderEffect.

Equal Opportunities

Santander are an equal opportunities employer. When we talk about diversity, we dont just want to pay lip service. Our customers come from a wide range of backgrounds, and so do our people. Its important to us that we create an inclusive culture where everyone counts.

For more information on our commitment to equal opportunities, please visit our diversity page here.

What to do next

If this sounds like a role youre interested in, then please apply on the link below.

Due to high volume of applications we may need to close this role earlier than the advertised date, so recommend submitting an application as soon as possible.

Job Reference: A38263