ROLE PURPOSE

Plan International is an independent child rights and humanitarian organisation committed to children living a life free of poverty, violence and injustice. We actively unite children, communities and other people who share our mission to make positive lasting changes in children’s and young people’s lives. We support children to gain the skills, knowledge and confidence they need to claim their rights to a fulfilling life, today and in the future. We place a specific focus on girls and women, who are most often left behind. We have been building powerful partnerships for children for more than 75 years and are now active in more than 70 countries.

The Treasury Department is a small specialist team that utilises technology to leverage its services to more than 64 country offices, 19 National Organisations and 3 Field Country National Organisations. The department transacts approx. 900 foreign exchange transactions a year amounting to in the region of €400,000,000 per annum and manages a deposit book daily of approx. €100,000,000 per day. The Treasury Department utilizes a Salmon treasury management system and SAP general ledger.

The post falls within Plan Treasury Services and within Central Finance, which sits in Global Finance. Reporting to the Director of Plan Treasury Services, this role will be responsible for international payments, manages receipts of funds from the member organisations, and the preparation of field Treasury Reporting. Within this role, it is likely that you will interact daily with National Organisation Finance Directors, Country Finance Managers, Regional Finance Managers, as well as the Relationship Directors and the dealers of Plan’s global banks. The ensures that the 50+ countries have adequate cash funding daily whilst monitoring budgets. The post supports the financial transactions of Treasury and maintains the treasury reporting.

The post holder must have an excellent working knowledge of bank payments systems and international payment protocols and Excel.

DIMENSIONS OF THE ROLE

· Supports the management of Plan Treasury services accounting and reporting processes.

· Processes treasury general ledger entries, reconciles SAP/TMS data and reports up on variances.

· Investigate and report payment and banking queries as they arise.

· Manage the process for reviewing field country bank balances, bank reconciliations and grant bank balances.

Prepares journals and bank reconciliations on a routine basis.

· Executes automated daily reconciliations in the TMS (Salmon) and the ERP (SAP)

· FX Trade and Investment support

Systems and processes

· The role utilizes BPC, SAP, SAP BI, 360T, Salmon TMS, Excel, Finastra.

ACCOUNTABILITIES

Treasury has up to date live reporting system

· Maintain treasury reports in Salmon in order:

o to be able to identify treasury transactions, monitor counterparty exposure and ensure compliance with board policies.

o to provide ancillary information for internal reporting and monitoring

o to record all treasury transactions ensuring that the treasury management system and general ledger reflect funds transmissions, payments, and receipts accurately.

Efficient and cost-effective banking services are readily available to Plan throughout the 64 programme countries and GH.

· Maintain good dealing relations with the bank counterparties in order that Plan is known as a ‘Customer of Choice’.

Plan programme countries bank accounts hold sufficient funds for two weeks operation.

o Supports the purchase of local currency in the spot market at competitive prices for delivery to the field countries in accordance with policy and approvals so as Treasury provides an efficient and cost-effective currency service to Plan.

o Delivers cash (USD, EUR, and GBP) to field countries.

The full functions of the treasury department are available to Plan International Inc and NOs (National Organisations) during UK working hours.

· An efficient and competent Central Treasury is in place to support Plan International Inc and NO

o To identify gaps and develop refinements to treasury procedures so as they are up to date and reflect ‘best practice’ and rewrite processes as necessary.

o To monitor field bank reconciliation reviews and issue guidance on issues

· Ensures that Plan International’s global policies for Safeguarding Children and Young People and Gender Equality and Inclusion are fully embedded in accordance with the principles and requirements of the policy including relevant Implementation Standards and Guidelines as applicable to their area of responsibility. This includes, but is not limited to, ensuring staff and associates are aware of and understand their responsibilities under these policies and Plan International’s Code of Conduct (CoC), their relevance to their area of work, and that concerns are reported and managed in accordance with the appropriate procedures.

· Strategic planning is important, around the impact of:

o exchange rate movements on counterparty exposures.

o inward flows of NO funds on Treasury bank counterparty exposures and identify alternative counterparty locations to relocate funds thereby ensuring board policies are adhered to.

o changes in financial risk markers to the counterparty limits to minimise risk of loss of capital and income and reputational risk.

KEY RELATIONSHIPS

This position represents Plan in relations with the bank dealing and payment staff at the relationship banks.

· Resolve payment or dealing problems as necessary (high)

This position liaises with Salmon the treasury management system suppliers.

· Implement new functionality.

· Resolve issues as they arise.

Internal

Work with Plan finance (from Program Countries, National organisations, and international headquarters) to

· Deliver appropriate currency in a timely manner (high)

· Provide banking support to National Organisations, Programme Countries, and IH Finance

· IT on the connectivity of the treasury management system and online banking

· Finance on reporting and general ledger, and payment releasing.

· Audit support – yearly and ad-hoc.

TECHNICAL EXPERTISE, SKILLS AND KNOWLEDGE

Knowledge

· Demonstrable knowledge of international banking.

· Intermediate to advanced level of Accounting Knowledge.

· In depth knowledge of foreign exchange trades and investment banking

· Demonstrate a basic understanding of the principles of cash flow forecasting

Skills

· Strong analytical skills and ability to identify and resolve issues and risks.

· Advanced Excel skills

· Good English written and oral communication skills.

· Good organisational skills and the ability to manage multiple tasks and meet tight deadlines.

· Strong ability to prioritise workload in a fast-paced environment.

· Able to make judgments and execute work autonomously.

· Fully qualified Accountant or – or studying towards CIMA/ACCA/ACT/ACA.

· System knowledge – SAP needed, TMS experience is a plus.

Behaviours

· Ability to collaborate with others to refine and streamline systems and processes for effectiveness and efficiency.

· Willingness to attend bank meetings and seminars.

· Team player.

· Able to prioritise work effectively and follow policies and instructions accordingly.

· Integrity

· Extensive experience of handle confidential information.

· Excellent negotiation, communication and interpersonal skills

· Proactive and able to solve problems.