Senior Analyst - Control & Compliance
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Key skills for this role
About the Role
Ensure compliance with treasury policies, manage transactions, conduct audits, and support financial reporting while possessing strong treasury accounting skills.
Key Skills for This Role
Responsibilities
- Ensure all treasury transactions are accurately recorded in the Treasury Management System (TMS) on time
- Ensure timely settlement/rollover of treasury transactions
- Maintain treasury related hedge documentation as required by established policies and procedures
- Analyse hedges vs exposures to highlight over/under hedge positions
- Ensure all Debt facilities drawdowns and repayments are accurately recorded in TMS
- Conduct Quarterly compliance reviews and report areas of non compliance
- Carry out month end treasury accounting activities including hedge accounting and MTM valuations
- Prepare the Consolidated Monthly Treasury Report and other ad hoc treasury reports
Requirements
- Experience in treasury operations, including transaction confirmation, settlement, and reconciliation
- Knowledge of Treasury Management Systems (TMS) and SAP
- Understanding of hedge accounting and financial covenants
- Strong analytical and problem solving skills
- Excellent attention to detail and organizational skills
- Ability to work with internal and external auditors
Full Job Posting
Policies, Processes & Procedures
- Follow departmental policies, systems, processes, procedures and controls to ensure consistency, standardization and accuracy in ways of working.
- Support seniors in the review and revision of methodologies, procedures and processes in line with EGA group wide requirements and international standards.
Confirmation and Settlement of Treasury Transactions
- Ensure that all treasury transactions are accurately recorded in the Treasury Management System (TMS) on time.
- Ensure all treasury transactions are confirmed with the counterparties on a timely basis and errors/discrepancies are reported and followed up for timely resolution.
- Ensure timely settlement/rollover of treasury transactions.
- Maintain treasury related hedge documentation (including ISDAs and sponsor guarantees) as required by established policies and procedures.
- Analyse hedges vs exposures to highlight over/under hedge positions.
- Process transaction confirmations in line with defined control standards including bank requirements, EGA Group Board mandates, EGA Group Treasury Policy, Delegation of Authority and ISDAs.
Loan Administration and Debt Servicing
- Ensure all Debt facilities (including Shareholder loans), drawdowns, repayments are accurately recorded in the Treasury Management System (TMS) in a timely manner.
- Ensure accurate calculation of all debt service obligations in TMS and posting of monthly accruals.
- Monthly reconciliation of Interest, fees and loan balances.
- Handle loan related queries from the lenders/shareholders.
- Process Cash call requests from group companies and ensures accurate recording in the Treasury Management System (TMS) in a timely manner.
Covenant Compliance
- Conduct Quarterly compliance reviews, investigate and report areas of non compliance.
- Ensure that all lender related obligations are met within the expected timeframe.
- Ensure the submission of all lender related reporting obligations as required by the financial covenant.
- Conduct prospective testing and ensure that management is informed of any possible future non compliance.
- Support the various departments to understand and apply EGA group’s compliance obligations and also to Investigate, report and follow up on resolution of non compliance items.
- Set up controls to monitor compliance of the existing Treasury Rules & Policies eg Deal Confirmation, Counterparty Limits, Dealer Limits and Financial Covenants.
Treasury Accounting
- Ensure TMS account correctly for treasury transactions in line with policy.
- Carry out month end treasury accounting activities (including hedge accounting, MTM valuations) and support GL team with the preparation of Treasury related schedules/disclosures.
- Perform reconciliation and analysis of designated GL accounts as per the SLAs set up with GL team.
- Coordinate and interact with internal and external auditors in carrying out their periodic reviews.
- Provide timely and relevant information to support the treasury audit process.
Bank Relationship
- Ensures any changes to bank mandates which are relevant to treasury compliance are communicated to banks or relevant institutions on a timely basis.
- Ensure any changes to company SSIs are communicated to banks or relevant institutions on a timely basis.
- Handle various KYC requests/queries by financial counterparties/lenders.
Policies, Systems, Processes and Controls
- Ensure adherence to standard operating procedures (SOP).
- Support any system implementations for EGA Group.
- Identify any system issues and support the IT department in the implementation of fixes, corrections and improvements in EGA Group SAP and Treasury Management Systems.
- Maintain and update the Static Data of TMS as required ie Accounting set up, Facility Maintenance, Instrument set up, Bank Accounts and BP maintenance.
- Observe Treasury controls and procedures are strictly followed by the whole Treasury Operations team and any exceptions highlighted via Monthly Exceptions report.
- Review and update Standard Operating procedures for applicability and relevance with a strong view on controls.
- Explore TMS functionality to handle new Treasury products/instruments and work with IT to make required set up in TMS as per business need.
Treasury reporting
- Prepare the Consolidated Monthly Treasury Report and other ad hoc treasury reports at the request of Senior Management.
- Handle ad hoc information requirements from other teams/stakeholders.
Related Assignments
- Handles any ad hoc information requirements or processes as directed.
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