Senior Analyst - Control & Compliance

Job description

Department Finance & Corporate Development /

Job Purpose

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

Minimum Qualifications

• Bachelor degree in Finance / Accounting from a recognised university - professional certification will be preferred
• Professional qualifications are highly recommended (CertITM from ACT, FRM/CFM/Diploma in Treasury/CA/CPA))

Minimum Experience

• 4-7 years of experience in Treasury back office functions of a large, international organisation
• Experience of managing a team and ability to interact with large group involving different nationals

Skills

• Hands-on experience of processing treasury transactions in a corporate treasury environment
• Thorough understanding of treasury accounting principles and applications
• Good understanding of IFRS and how it impacts Treasury accounting
• Hands-on experience in using SAP TMS for recording and reporting of treasury transactions
• Strong written and verbal communication skills
• Ability to work under pressure and deliver to deadlines
• Proficient in MS Excel