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Treasury Controller

Copenhagen

  • Organization: UNOPS - United Nations Office for Project Services
  • Location: Copenhagen
  • Grade: Mid level - P-4, International Professional - Internationally recruited position
  • Occupational Groups:
    • Operations and Administrations
    • Accounting (Audit, Controlling)
    • Administrative support
    • Banking and Finance
  • Closing Date: 2024-11-11

Job categories Finance
Vacancy code VA/2024/B0004/29100
Level ICS-11
Department/office MP, FG, Finance Group
Duty station Copenhagen, Denmark
Contract type Fixed Term
Contract level P4
Duration Two years initially, renewable subject to satisfactory performance and funding availability
Application period 21-Oct-2024 to 11-Nov-2024
Applications to vacancies must be received before midnight Copenhagen time (CET) on the closing date of the announcement.

Functional Responsibilities

Summary of functions:

  1. Execution of Treasury Mandate (including reporting, monitoring, analysis and Treasury policy)

  2. Compliance & Control 

  3. Financial Risks Analysis

  4. Knowledge management and innovation

  5. Team management

1. Execution of Treasury Mandate
  • Ensure that the treasury activities are in line with the UNOPS Financial Rules and Regulations, UNOPS Treasury Policy by implementing an effective control framework

  • Develop and deliver a reporting framework to inform The Deputy CFO and Head of Treasury & Investment Management and senior stakeholders on Treasury Policy adherence 

  • Assess UNOPS Treasury Policies adequacy towards regulations and best practice and suggest updates when required; support with policy development and maintenance

2. Compliance & Control
  • Develop and implement a control framework including all Treasury activities (e.g., compare and match the records of internal information with external sources such as banks, counterparties), ensure available technology and systems are  utilized in this framework to the possible extent

  • Ensure Treasury teams act within defined roles and responsibilities by monitoring audit trails and access rights/authorizations. 

  • Develop, implement and maintain a RACI matrix to ensure accountability across all Treasury activities, and communicate this to relevant stakeholders

  • Develop, implement and maintain a control testing structure to ensure alignment of activities with the controls, as well as to assess the effectiveness and efficiency of the treasury controls to detect and prevent any violations, weaknesses, or (potential) risks

  • Review financial transaction valuation models developed by functional Treasury teams and ensure these models are compliant

  • Support internal and external audit process

  • Liaise with Finance Group and Risk and Compliance Group teams in the area of risk reporting, exposure management, and performance management and results

3. Financial Risks Analysis
  • Researching best practices and benchmarking UNOPS activities toward industry standards to ensure efficiency of methodology and techniques used in financial risks analysis 

  • Collaborate closely with Treasury team and UNOPS project and field based colleagues on the identification of financial risks of UNOPS

  • Quantify and measure financial risks according to policy risk limits; manage risk limits including exceptions and changes and their reflection in Treasury policies

  • Regular reviews of key financial parameters; develop and own Treasury KPI/KVI/KRI’s

  • Spearhead reporting capabilities by analysing data sources for optimal automation, harmonizing Treasury reports and creating interactive, real-time reports crucial for risk reporting

  • Develop risk measurement frameworks by utilizing at-risk analysis and scenario analysis techniques

4. Knowledge management and innovation
  • Contribute to the development and introduction of innovation to ensure UNOPS is continually incorporating best practice approaches into financial services.

  • Contribute to the dissemination and sharing of best practices and lessons learned for corporate development planning and knowledge building.

  • Plan, implement and organise capacity building of personnel, clients and stakeholders.

  • Develop and maintain (up-to-date) knowledge on all treasury activities to be able to support UNOPS Treasury teams (including other UNOPS corporate functions, if needed) as an independent stakeholder in this area

5. Team management
  • Facilitate the engagement and provision of high quality results and services of the team supervised through effective recruitment, work planning, performance management, coaching, and promotion of learning and development.

  • Provide oversight, ensuring compliance by team members with existing policies and best practices.

Impact of Results
The Treasury Controller provides independent oversight and control on treasury activities including all Treasury activities conducted by all functional Treasury teams, enabling an efficient, strong and cohesive control (including systems) and reporting framework on policy adherence, compliance and financial risk analysis.

Education/Experience/Language requirements

Education
  • Graduate university degree in finance and/or business or a related field is required.

  • A combination of an undergraduate degree with two additional years of work experience may be accepted in lieu of the advanced university degree 

  • Appropriate professional accreditation or qualification in Treasury or Finance is highly desirable.

  • Membership in an internationally recognized accounting body or Treasury body would be an advantage. 

  • Financial Risk Management certification would be a further advantage.

Experience
  • A minimum of  7 years of progressively responsible experience in treasury or banking with a strong focus and expertise on Treasury instruments either in a large corporate or a financial institution is required.

  • Experience with Governance & control frameworks, Compliance and control testing, business analysis & understanding and stakeholder management

  • Experience with Financial risk management & hedging (including FX risk, counterparty risk, and liquidity risk) and Treasury processes (FO/MO/BO) analysis are pre-requisite.  

  • Experience with  of Data & analytics and Treasury Technology is strong asset

Language Requirements
  • Full working knowledge of English.  

  • Knowledge of another official UN language is an asset.



We do our best to provide you the most accurate info, but closing dates may be wrong on our site. Please check on the recruiting organization's page for the exact info. Candidates are responsible for complying with deadlines and are encouraged to submit applications well ahead.
Before applying, please make sure that you have read the requirements for the position and that you qualify.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.