At a Glance
- Tasks: Deliver top-notch treasury accounting services and financial reporting for global operations.
- Company: Join Anglo American, a leading global mining company focused on sustainability.
- Benefits: Enjoy competitive salary, extensive training, and a commitment to your safety and growth.
- Why this job: Make a real impact in a dynamic environment while working with innovative financial solutions.
- Qualifications: Qualified accountant with strong analytical skills and knowledge of treasury products.
- Other info: Be part of a diverse team dedicated to sustainable practices and continuous improvement.
The predicted salary is between 50000 - 60000 ÂŁ per year.
This is the chance to join us as a Treasury Accounting Specialist on a Fixed Term Contract. Anglo American is a leading global mining company, and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world‑class competitive mining operations and undeveloped resources provides the metals and minerals that enable a cleaner, greener, more sustainable world and that meet the fast‑growing consumer‑driven demands of the world’s developed and maturing economies.
Finance plays a critical role in supporting and influencing the Organisation in setting targets, developing work plans, executing priority projects, managing risk, monitoring financial performance vs targets and supporting the business with key decision making whilst maintaining the highest standards of control and compliance, and providing a workplace of the future to develop and retain talent. The Company’s strategic ambition requires the delivery of Finance functional excellence.
The Treasury Accounting team is a key contributor to these objectives as we drive to increase automation and streamline processes in treasury accounting and financial reporting pertaining to the Group Treasury function and entities.
PurposeThe Specialist, Treasury Accounting delivers all financial reporting and treasury accounting, including hedge accounting, bank and balance sheet reconciliations, for all treasury activity within their responsibility which covers the London, South Africa and LATAM regions.
Key responsibilities include:- Deliver world‑class treasury accounting services to Anglo American group companies with a focus on debt, FX and interest rate derivatives, and money market instruments, ensuring adherence to relevant group policies.
- Preparation of Treasury Entity Budgets and Outlooks.
- Monitoring and reporting on daily interface from the treasury management system to SAP.
- Preparation of month‑end reporting deliverables including upload of London Treasury entity financial results to the Group consolidation reporting system (HFM).
- Preparation of interim and year‑end Group reporting deliverables as relevant to the London Treasury entity – including relevant statutory notes and templates.
- Review, improve and maintain mapping and posting rules between key financial systems: Quantum; SAP and HFM.
- Review, improve and maintain alignment of intercompany balances and transactions between the London Treasury entity and Businesses.
- Prepare balance sheet reconciliations and variance analysis controls on a timely basis in line with Group policies.
- Perform other ICFR controls as set out in the Treasury Accounting Risks and Controls Matrix (RACM).
- Deliver automated accounting solutions for treasury transactions executed by Businesses and Corporate legal entities.
- Ensure treasury transaction compliance with relevant legislation, accounting standards and external regulatory authority requirements.
- Preparation of annual external financial statements for UK Treasury legal entity and engagement with external auditors.
- Develop and maintain effective professional relationships with auditors and other relevant third parties (e.g. Bloomberg) to deliver quality solutions and services and identify opportunities for improvement.
- Engage with auditors to understand changes in accounting standards and their impacts on accounting processes and systems.
- Deliver a high‑class treasury and hedge accounting service, including technical accounting leadership in relevant areas, to all Businesses for whom the Group Treasury undertakes treasury activities.
- Contribute to the strategic plan for an ongoing “analyse and improve” programme.
- Support the Global Process and Control Owner (“GPCO”) for Treasury Accounting covering various process areas.
- Identify and prioritise continuous improvement opportunities across treasury accounting.
Support Global Treasury’s initiatives as part of the Group Finance Sustainability five‑year plan.
PeopleDemonstrate behaviour in line with the Group’s values, standards and a professional workplace. Participate as an effective team member in working collaboratively with your leader, peers and relevant others (including from other teams) to achieve business goals.
ComplianceEnsure that ICFR controls are appropriately applied across Treasury Accounting processes. Review key findings/control breaches, monitor remediation, and escalate to the Global Process and Control Owner (GPCO) where necessary. Ensure all accounting is executed in compliance with Group Treasury Policy and Group Accounting Standards.
QualificationsGraduate or equivalent qualification in a relevant discipline, preferably commercial, numerical or scientific. Qualified accountant (ACA/ACCA/CIMA (UK); CA (SA) or equivalent) essential.
Specific Knowledge requirements:- Extensive knowledge and understanding of treasury/financial products and services, including cash and funding instruments, derivatives, and bonds.
- Operational experience in a corporate treasury department with significant systems automation exposure.
- Cooperation with third‑party vendors and service providers.
- Experience of operation and accounting configuration in the following systems would be a significant advantage: FIS Quantum, Bloomberg, SAP, HFM.
- Strong analytical and problem‑solving skills.
- Excellent communication skills, both written and verbal.
- Thorough and conscientious with strong attention to detail.
We aim to lead the industry by pursuing ever safer ways of working, demonstrating integrity and showing care and respect for people and the planet. That means we are constantly seeking new opportunities to mine and process our products sustainably, using less water, less energy and more precise extraction technologies. Our distinguished teams work safely and collaboratively, with the utmost consideration for local communities, our customers and the world at large.
When you join Anglo American, you can expect to enjoy a competitive salary and benefits package. But more than this, you’ll find yourself in an environment where the opportunities for learning and growth are second to none. From technical training to leadership programmes, we bring out the best in our people.
Nothing is more important to us than ensuring you return home safely after a day’s work. To make that happen, we have the most rigorous safety standards in the industry. Not only that, we’re also frequently investing in new technologies that are helping to make mining safer.
We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are. We provide equality of opportunity to enable everyone to fulfil their potential.
Specialist, Treasury Accounting (12 month Fixed Term Contract) employer: Anglo American / De Beers Group
Contact Detail:
Anglo American / De Beers Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Specialist, Treasury Accounting (12 month Fixed Term Contract)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with yours. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your answers to common interview questions, but keep it natural. We want you to sound confident and authentic, not rehearsed. Mock interviews with friends can really help you nail this!
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Specialist, Treasury Accounting (12 month Fixed Term Contract)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Treasury Accounting role. Highlight relevant experience and skills that match the job description, like your knowledge of financial products and systems. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about treasury accounting and how your background aligns with our goals at Anglo American. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, make sure to include examples of how you've used these skills in past positions. Whether it's problem-solving or financial reporting, we want to see your thought process in action!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do at Anglo American.
How to prepare for a job interview at Anglo American / De Beers Group
✨Know Your Numbers
As a Treasury Accounting Specialist, you'll be dealing with financial reporting and treasury accounting. Brush up on your knowledge of cash and funding instruments, derivatives, and bonds. Be prepared to discuss how you've used these in past roles or projects.
✨Showcase Your Systems Savvy
Familiarity with systems like FIS Quantum, SAP, and HFM is crucial. If you have experience with these, make sure to highlight it during the interview. If not, do some research on how they work and be ready to discuss how you would approach learning them.
✨Demonstrate Problem-Solving Skills
The role requires strong analytical and problem-solving skills. Prepare examples from your previous experience where you identified issues and implemented solutions, especially in a treasury or financial context. This will show your ability to think critically under pressure.
✨Emphasise Team Collaboration
Anglo American values teamwork and collaboration. Be ready to share experiences where you worked effectively within a team, particularly in finance or accounting settings. Highlight how you contributed to achieving business goals and maintained professional relationships with colleagues and third parties.