Treasury Specialist

Organization Unit: Accounting Services

Reports to: Senior Director, Financial Planning and Analysis

Location: Montpellier, France

Grade: SO4

Salary: From 63,492 Euros per annum

Date Published: 18 June 2024

Closing Date for Applications: 12 July 2024 at 09:00 CEST

Job Summary

CGIAR has an ambitious agenda to deliver science and innovation and advance the transformation of food, land, and water systems to deliver diverse, healthy, safe, sufficient, and affordable diets, and ensure improved livelihoods and greater social equality.

The Accounting Services team is responsible for ensuring compliance with statutory regulations, accurately recording all financial transactions, managing accounts payable and receivable to ensure prompt payments and collections, optimizing cash liquidity and cash flow, preparing comprehensive financial statements and statutory reports, and maintaining and improving accounting systems to ensure efficient data processing and reporting.

Reporting to the Senior Director, Financial Planning and Analysis the Treasury Specialist at the System Organization, is responsible for overseeing the organization’s cash management and treasury operations, ensuring efficient liquidity, timely and accurately processing of invoices and managing financial risks. The Treasury Specialist plays a pivotal role in the implementation and optimization of treasury processes as well as maintaining close relations with financial institutions.

Duties and Responsibilities:

• Develop and implement robust treasury and cash management processes to optimize cash flow and manage liquidity risks.
• Develop and oversee the System Organization's treasury and investment policy.
• Manage daily cash positions and forecast short-term and long-term cash flow requirements, execute payments and financial transactions, including foreign exchange and investments and reconcile, register and manage CGIAR Centers incoming invoices and hosting reports and CGIAR Collaboration transactions.
• Lead projects to enhance treasury infrastructure, including system integrations and process automation.
• Lead projects to enhance treasury infrastructure, including system integrations and process automation. Optimize current ERP to improve operational efficiency and provide accurate reporting.
• Foster or contribute to highly collaborative teamwork within Business Operations & Finance and other units in the System Organization, as well as across the entire CGIAR system; proactively participate in knowledge and capacity-building initiatives to support the delivery of the Organization’s business and work plans.
• Engage with suppliers, financial institutions, and other external stakeholders on treasury-related matters and build and maintain strong relationships.
• Address internal and external audit requests related to treasury operations Ensure compliance with internal controls, policies, and regulatory requirements related to treasury activities.
• Identify, communicate and manage risks to organizational objectives associated with activities or decision-making within your area of responsibility in line with the CGIAR System risk management framework and close coordination with relevant stakeholders.
• Undertake other tasks to advance relevant strategies and initiatives further and assigned by supervisor.

Requirements

Education and Experience

• Bachelor’s degree or equivalent in Finance, Accounting, or related field.
• Professional certification (e.g., CPA, CMA) or ongoing pursuit of such qualifications is preferred.Starter to mid -level experience in treasury management, banking operations, financial services or a similar role.
• Experience in foreign exchange or liquidity management. Familiarity with financial regulations and compliance standards.
• Previous experience in an international organization or multicultural environment is an advantage.
• Knowledge of ERP systems, particularly Unit4 ERP is an advantage.Prior sanctions compliance experience with US OFAC and other governmental agencies would be an advantage.

Key Competences

• Strong understanding of treasury operations, banking, and cash management principles.
• Proficiency in treasury management systems and advanced Excel skills.
• Excellent analytical, problem-solving, and project management abilities.
• Effective communication and interpersonal skills to interact with various stakeholders.
• Proficiency in invoice processing and payment preparation in ERP Systems.
• Strong understanding of accounting principles and practices, particularly related to accounts payable.
• Ability to manage large volumes of invoices efficiently and accurately.
• Familiarity with banking platforms for payment processing.
• Attention to detail and accuracy in data entry and financial record-keeping.
• Mission & Values Orientation: Demonstrates alignment with organizational values, acts with integrity, and takes accountability for achieving organizational objectives.
• Stakeholder Service Orientation: Ability to understand and address internal and external stakeholders' needs.
• Initiative: Proactive approach to identifying and implementing process improvements.
• Collaboration and Influence: Strong interpersonal skills to collaborate effectively within a team and influence stakeholders.
• Decision Making: Capable of making timely and informed decisions in alignment with organizational policies and procedures.

Languages

• Excellent command of the English language, both written and spoken.
• A working knowledge of an additional language such as Spanish, French or Arabic is an advantage.

Benefits

The successful candidate will be employed in Montpellier, France by the CGIAR System Organization.

The CGIAR System Organization is an equal opportunity employer and offers competitive compensation with favorable taxation arrangements in France and, subject to eligibility, comprehensive employee benefits comprising extensive insurance coverage, a retirement plan, an education grant, and relocation support at the start of the appointment and upon conclusion of appointment for staff members and eligible dependents. All benefits are denominated and paid in Euros.

System Organization appointments are typically for a fixed term of three years, with a possibility of renewal subject to effective performance, operational needs, and funding.

Submitting Your Application

All applications must be submitted online by clicking the 'Apply' button below. If you require assistance or face challenges in submitting your application, please email recruitment@cgiar.org with the position title in the subject line. Please note we will not accept applications through this email.

Documents provided in a language other than English will not be considered.

CGIAR is committed to fair, safe, and inclusive workplaces. We believe that diversity powers our innovation contributes to our excellence, and is critical for our mission. We offer a multi-cultural, multi-color, multi-generational, and multi-disciplinary, collegial working environment, with a competitive salary, excellent benefits, and flexible working arrangements. We consciously create an inclusive organization that reflects our global character and commitment to gender equity. We, therefore, encourage applicants from all cultures, races, ethnicities, religions, sexes, national or regional origins, ages, disability status, sexual orientations, and gender identities. If you require accommodation due to a disability, please email your request to recruitment@cgiar.org and include “Diversity and Inclusion Accommodation” in the subject line.

All received applications will be acknowledged; however, only shortlisted applicants will be contacted.