Log In
Sign Up
Treasury Accountant
About OutSystems
One of the fastest growing B2B software companies in the world, OutSystems is on a mission to change the way software is built. We are looking for talented and motivated people to join us as we enable every organization to innovate through the power of software. The OutSystems modern application platform empowers customers to build, deliver, manage and evolve the software that makes a difference to their business. With high-productivity, AI-assisted tools, customers are able to quickly tackle any strategic challenge such as application modernization, workplace innovation, business process automation, and customer experience transformation. The OutSystems platform also ensures solutions are secure, resilient, cloud-native, built to scale, and most importantly, are able to be continuously evolved.
One of the fastest growing B2B software companies in the world, OutSystems is on a mission to change the way software is built. We are looking for talented and motivated people to join us as we enable every organization to innovate through the power of software. The OutSystems modern application platform empowers customers to build, deliver, manage and evolve the software that makes a difference to their business. With high-productivity, AI-assisted tools, customers are able to quickly tackle any strategic challenge such as application modernization, workplace innovation, business process automation, and customer experience transformation. The OutSystems platform also ensures solutions are secure, resilient, cloud-native, built to scale, and most importantly, are able to be continuously evolved.
By delivering a best-in-class, state-of-the-art offering, OutSystems has achieved global scale and experienced tremendous recent growth. Today, OutSystems has more than 350,000 developer community members, 1,200 employees, 300 partners, and thousands of active customers in over 60 countries and across 22 industries. Founded in 2001 and headquartered in Portugal, OutSystems now has global offices in the United States, the United Kingdom, the Netherlands, Germany, the UAE, Japan, Hong Kong, Malaysia, Australia, and Singapore, as well as a thriving, world-wide community of remote employees.
OutSystems team members are at the core of a dynamic, industry-leading company that is helping customers of all sizes and all across the globe to build applications fast, right and for the future.
In the Treasury Accountant role, you will be central to the OutSystems management of key financial risks and the provision of appropriate liquidity and banking services in a range of areas and geographies. This role is part of the Global Accounting Shared Services Team.
The key role purpose of the Treasury Accountant is:
- To monitor global cash positions and transfer funds to meet operational needs.
- To support the management of Bank relationships.
- To undertake treasury back-office processing and accounting activities and resolve issues.
- To monitor compliance of treasury front office with treasury policies and limits
- To manage workflow for Bank Account Management
You will work with the finance team and experts from the OutSystems People Operations Team to enhance our internal systems of control, ensuring scalability of process.
Responsibilities:
Accounting and Reporting
- Produce control reporting (compliance, errors, exceptions, positions, limits, audit trails etc…) and other reports, as required daily, weekly, monthly etc.
- Assist in producing accounting reports.
- Produce bank account reports.
- Process OutSystems treasury related accounting postings into our ERP including management of the interface from banking portals.
- Process and review all Treasury accrual, revaluation postings and manual adjustments as required.
- Run daily, weekly, monthly, and annual closing Treasury processes and postings and report as required.
- Produce daily and monthly bank reconciliations accounts as appropriate and to ensure all reconciliation items are cleared appropriately.
- Produce the quarterly global bank reconciliation for all OutSystems bank accounts, follow up on any queries and issues.
- Report on OutSystems bank reconciliation status
- Work closely with the wider Accounting Team in relation to queries on Treasury related bank accounts.
- Evaluate and propose an effective internal Netting process within OutSystems with a consideration of an in-house bank set up.
Treasury Settlements and Confirmations
- Match confirmations, including inter-company.
- Re-solve un-matched confirmations and report on confirmation status.
- Manage the settlement interface and report on settlement status.
- Assist in managing the payment approval process for treasury payments.
- Maintain contacts with banks and counterparties to ensure proper settlement of transactions.
- Execute payment files and obtain necessary authorizations.
- Make SWIFT payment instructions.
- Monitor the payment process and report on payment status.
- Manage urgent and sensitive payments.
- Assist in managing the approval process for urgent and sensitive payments.
- Manage the funding of local accounts.
- Assist in managing the approval process for funding of local accounts.
Controls and Compliance
- Review reports and monitor compliance of treasury activities and positions with treasury policies including credit risk.
- Report compliance with banking covenants and borrowing agreements.
- Ensure an effective, robust and demonstrable control environment over all Treasury related processes.
- Assist with the development and maintenance of Treasury Procedures documentation for back-office activities.
Other
- Facilitate self-development by identifying and meeting own skill development needs and future career opportunities with the support of the Director of Shared Accounting Services
- Facilitate collaboration between Accounting and Finance team members through sharing information, collaborating on decision making, and taking mutual responsibility for the work of the teams.
- Ensure compliance with regulatory requirements as well as internal control mechanisms – promoting an efficiency driven culture within OutSystems.
- Undertake such other duties and tasks as may lie within the scope of this post to ensure the effective delivery and development of the service.
Requirements:
- 2 or more years of experience in Treasury Accounting, including experience dealing with multinational structures and global banking environments.
- Knowledge of Treasury products and their accounting on a regional and national level.
- Strong analytical skills, including the ability to evaluate financial information.
- Experience with NetSuite is a plus, but not required.
- Bachelor’s Degree in Accounting or Finance / Qualified Accountant
- Ability to travel periodically
- Results oriented with an uncompromising position on doing the right thing
- Able to give clear and consistent recommendations and/or instructions to team members.
- Excellent teamwork, communication, and documentation skills.
- Exceptional writing proficiency and oral presentation skills.
- Excellent listening, problem solving, and decision-making skills
Location:
- US – Remote (East Coast Preferred)
What we have to offer you?
- A company that continues to grow, change and innovate, and gives our teams the space to be proactive and creative.
- Real career opportunities. We care about growth and development. Vertical career progression is an obvious possibility, but we also offer the possibility for lateral moves, joining different teams, and mastering specific skills.
- Work colleagues that are as smart, hardworking and driven as you and a team that is global.
- A company culture that is based on transparency, teamwork and excellence (as promised in our Small Book of the Few Big Rules and delivered every day.)
- Disrupting the status quo is in our DNA. In fact, its why our company exists.
- We Ask Why a lot. It helps us connect our individual work to the bigger picture and sometimes even uncover a better way.
Are you ready for the next step in your career? Then wed love to hear from you!
Original source: Indeed