Job
Description
WPP is on a global transformation journey, and this is an opportunity to join and take the lead on the newly established Group Treasury shared service center (SSC). What youll be doing: You will take accountability for and centralize existing work done in the regional Treasury functions ensuring detailed process documentation and SOX compliant controls are always in place and build/train a team to run those processes supporting the Global Treasury team and its regional Treasurers across 110+ countries of operation. Driving best in class behaviors in your team and by business partnering with WPP finance and regional Treasury/Finance teams you will help to optimize the Group s cash flow, net interest P&L and support cash repatriation to WPP from operating units while minimizing risk and adding value through automation and ongoing continuous improvement of Treasury processes. This role will report into the Head of Treasury , key responsibilities are: Group Treasury Reporting support - Centralized Treasury oversight including Group Cash summary, Cash Liquidity (Short term & Long term), Counterparty Credit Risk, FX Risk, Net Debt and supply chain finance as well as a monthly Treasury dashboard for the Group Treasurer and CFO. Designing, Delivering and Presenting Group weekly cash liquidity view for 13-week & analysis on liquidity position & establish an efficient process to consolidate liquidity across different segments within group. Responsible for developing to monitor treasury activity across group and risk management against Group Treasury Policy. Support for ad hoc reporting and analytics as required by regional treasury teams supporting business needs, ensuring accurate and timely insights to aid decision-making. Cash management support for Global markets in IT2 and support collating and reviewing operating unit cash forecasts for Group. Supporting Treasury Transformation Project and IHB regarding core Treasury Payments - Derivative Confirmations Specialist to manage Treasury financial transactions, ensure accurate settlement, with end of day control reporting for verification of trade confirmations. Understanding of IT2 administration of static data - Setting up Repetatives, checking SSI s, checking bank statements, creating workbench and in the future FX and interest rates. Ideal candidate must have expertise in reconciliation, risk management, and compliance with financial regulations. General Computer Controls (GCC) to be done monthly for Group Treasury Supporting maintenance and development projects for treasury systems, and operational improvements in IT2 (ION Treasury management system). Support auditing data requests and communicate results to stakeholders and auditing entities. What youll need: Experience in working in a faced paced agile environment within a Global Treasury department or shared services of an international business. Strong understanding of cash flow modeling, FX markets, derivatives, and capital markets. Treasury knowledge covering bank accounts, cash pooling, inter-company loans, derivatives such as FX forwards, swaps, NDFs and interest rate or cross currency swaps (is a must) Global Cash management of a complex series of pooled and non-pooled bank accounts across a range of different currencies including international payments processing. Strong analytical, problem-solving skills and communication skills, including excellent written and verbal capabilities. (PowerPoint and presentation skills considered as a plus.) Experience with treasury management systems (TMS) IT2 or ION products a plus. Advanced level of technical proficiency and computer literacy (Word, Excel, PowerPoint, Microsoft Management) Experience in leading and working in teams, able to build strong relationships quickly High level of service mind-set with ability to communicate / influence senior leadership Highly results-focused, with ownership to drive results and strive for excellence Strong ability to turn opportunities into actions, strategies Fluency in English (reading, speaking, and writing). Qualifications and Skills Bachelors or master s degree in finance, Accounting, Economics, or related field; CTP, CA, CFA, or MBA preferred (or equivalent qualification preferred) 7-15 years of relevant experience in corporate treasury, banking, or financial risk management. Strong knowledge of financial markets, banking instruments, treasury technologies and regulatory requirements. Demonstrated experience in implementing and managing treasury systems a plus. Proficiency in financial modelling and analysis tools (Power BI, Alteryx) a plus. Demonstrable experience of managing a reasonable sized Treasury team including mentoring, training and developing team members as well as overseeing documentation, and training materials.
