Company Description

This is the chance to join us as a Treasury Accounting Specialist on a Fixed Term Contract

Anglo American is a leading global mining company, and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive mining operations and undeveloped resources provides the metals and minerals that enable a cleaner, greener, more sustainable world and that meet the fast-growing consumer-driven demands of the world’s developed and maturing economies.

Job Description

The Group Treasury function enables Anglo American to achieve its strategic ambitions by delivering financing, financial risk and cash management services to the organisation, whilst maintaining the highest standards of control and compliance, and providing a workplace of the future to develop and retain talent.

The Treasury Accounting team is a key contributor to these objectives as we drive to increase automation and streamline processes in cash management, back office and treasury accounting, as well as providing world-class systems infrastructure to the Group Treasury function.

Purpose

The Treasury Accounting Specialist delivers all financial reporting and treasury accounting, including hedge accounting and bank reconciliations, for all treasury activity undertaken by the Businesses within their responsibility which covers the London, South Africa and LATAM regions.

Responsibilities include

Performance & Delivery

Deliver world-class treasury accounting services to Anglo American group companies with a focus on debt, FX and interest rate derivatives, and money market instruments, ensuring adherence to relevant group policiesPreparation of departmental Budgets and OutlooksReview of daily interface from the treasury management system to SAPPreparation of month end reporting deliverables including upload of London Treasury entity financial results to the Group consolidation reporting system (HFM)Deliver automated accounting solutions for treasury transactions executed by Businesses and Corporate legal entitiesManage treasury transaction compliance with relevant legislation, accounting standards and external regulatory authority requirementsPreparation of annual external financial statements for UK Treasury legal entity and engagement with external auditors Engage with stakeholders to understand and incorporate evolving business requirements and regulatory changes into plansDevelop and maintain effective professional relationships with auditors and other relevant third parties (e.g. Bloomberg) to deliver quality solutions and services and identify opportunities for improvementEngage with auditors to understand changes in accounting standards and their impacts on accounting processes and systemsDeliver a high-class treasury and hedge accounting service, including technical accounting leadership in relevant areas, to all Businesses for whom the Group Treasury undertakes treasury activitiesContribute to the strategic plan for an ongoing “analyse and improve” programmeSupport the Global Process and Control Owner (“GPCO”) for Treasury Accounting covering the following process areas:Intercompany loan/deposit interest calculations statementsAccounting setup in the treasury management systemTreasury accountingHedge accountingAccounting interfaces to SAP, and associated reconciliationsHalf-Year and Annual ReportingPeriodic engagement with relevant stakeholders to receive feedback on service provisionIdentify and prioritise continuous improvement opportunities across treasury accountingReview and monitor Service Level Agreements (SLA) with Business Units to ensure we are achieving agreed service delivery requirements

Sustainability & Social

Support Global Treasury’s initiatives as part of the Group Finance Sustainability five-year plan

People & Teams

Identify and agree training and development requirements to build capability of team memberTranslate strategy and objectives to individual and team initiativesConduct regular reviews of team’s work plans and project plans

Compliance

Ensure that JSE SOX and UKCR controls are appropriately applied across Treasury Accounting processesReview key findings / control breaches, monitor remediation, and escalate to the Global Process and Control Owner (GPCO) where necessaryEnsure all accounting is executed in compliance with Group Treasury Policy and Group Accounting Standards

Qualifications

Qualifications:

Graduate or equivalent qualification in a relevant discipline, preferably commercial, numerical or scientificQualified accountant (ACA/ACCA/CIMA (UK); CA (SA) or equivalent) essential

Specific Knowledge requirements:

Extensive knowledge and understanding of treasury / financial products and services, including cash and funding instruments, derivatives, and bondsOperational experience in a corporate treasury department with significant systems automation exposureCooperation with third-party vendors and service providersExperience of operation and accounting configuration in the following systems would be a significant advantage:FIS QuantumBloombergSAPHFMStrong analytical and problem-solving skillsExcellent communication skills, both written and verbalThorough and conscientious with strong attention to detail

Additional Information

Who We Are
We aim to lead the industry by pursuing ever safer ways of working, demonstrating integrity and showing care and respect for people and the planet. That means we are constantly seeking new opportunities to mine and process our products sustainably, using less water, less energy and more precise extraction technologies. Our distinguished teams work safely and collaboratively, with the utmost consideration for local communities, our customers and the world at large.

What We Offer
When you join Anglo American, you can expect to enjoy a competitive salary and benefits package. But more than this, you’ll find yourself in an environment where the opportunities for learning and growth are second to none. From technical training to leadership programmes, we bring out the best in our people. 

How We Are Committed To Your Safety
Nothing is more important to us than ensuring you return home safely after a day’s work. To make that happen, we have the most rigorous safety standards in the industry. Not only that, we’re also frequently investing in new technologies that are helping to make mining safer.

Inclusion and Diversity
We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are. We provide equality of opportunity to enable everyone to fulfil their potential.

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