As the Treasury Accountant you will be a key member of the global treasury team focussed on managing treasury functions for United Malt Group (UMG) in North America, including cash and liquidity management, management of foreign currency exposure, hedge accounting, treasury settlements and other payments, maintaining timely and accurate financial records, and month end reporting. In this role you will liaise with both internal and external stakeholders on a daily basis, and will be supporting key strategic initiatives as the organization seeks to grow

Role duties:

Banking and Cash Management

· Maintain strong relationships with our banks and ensure all bank documentation is current, accurate and executed in a timely manner, including authorities for banking transactions

· Responsible for daily cash flow process including managing the cash position, and preparing weekly cashflow forecasts

· Prepare daily electronic payments - wire, EFT (electronic funds transfer), and FX (foreign exchange) entries for Treasury and Tax transactions

· Execute FX settlements, maintain documentation and post book entries on a timely basis

· Liaise with banks regarding any transaction payment issues including stop checks, payment tracking etc

· Reconcile outstanding FX contracts and Accounts Receivable

Foreign Exchange (FX) Hedging

· Liaise with Group Treasury, UMG sales teams, banks and other external service providers (FIS, Hedgetrackers) to manage our foreign exchange risk exposure

· Capture and maintain all deals in Treasury and Hedge Accounting software

· Execute, manage and reconcile hedge positions to open exposures (sales, purchases and other outgoings) in accordance with Treasury policies

· Execute settlements and post associated journals

· Calculate the trigger of hedges with special treatment

Debt Management

· Assist Group Treasury to manage internal and external loans and execute debt transactions

· Post related journals

· Reconcile loan balances and interest

Reporting and Other

· Complete monthly journal of debt transactions and other treasury related fees

· Support and contribute to key strategic initiatives and projects

Provide backup for other Treasury team members as required

Skills and Abilities:

· Understanding and experience in Treasury Accounting including foreign exchange, derivative hedge accounting, liquidity and cashflow management, and various Financial Instruments and financial markets

· Proficiency in communicating with management, and other internal and external stakeholders

· Self-motivated, goal orientated individual with effective organizational skills

· Ability to work a as part of a broader team, and to thrive under pressure

· Must be proactive, with the ability to meet and surpass project deadlines

· Good computer software skills including Excel, accounting software and preferably treasury management systems

Strong analytical mindset with a meticulous eye for detail, and ability to generate solutions.

Education and Experience:

· Bachelor’s degree in Accounting/Finance or similar degree

· Chartered Accountant or Chartered Professional Accountant preferred

· Derivative hedge accounting experience required

· Several years’ experience with GL (general ledger) accounting

· A few years’ experience with accounting for derivative instruments, cash side process, and the sales contract drivers

Working knowledge of banking products such as positive pay, EFTs, ACH (automated clearing house), wires.

Salary range: $61,662 - $92,498 per year. The United Malt pay range for this job level is a general guideline only and not a guarantee of compensation or salary. Additional factors considered in extending an offer include (but are not limited to) responsibilities of the job, education, experience, knowledge, skills, and abilities, as well as internal equity, alignment with market data, applicable bargaining agreement (if any), or other law.

Job Type: Full-time

Pay: $78,707.00 - $118,061.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Physical setting:

• Office

Schedule:

• Monday to Friday

Application Question(s):

• What is your experience with accounting for derivative instruments, cash side process, and the sales contract drivers

Education:

• Bachelor's (Preferred)

Experience:

• Hedge Accounting: 1 year (Preferred)
• General ledger accounting: 4 years (Preferred)

Work Location: One location

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