FX Senior Analyst guarantees a correct FX accounting process to maintain an accurate FX P&L result.
P&L figures would not be trustable without this role contribution.
This role is responsible for:
* Avoiding any P&L impact not related with trading and standard business, i.E:
accounting errors, system fails, wrong definition of processes…
* Controls implementation to ensure no disruptions in accounting flows.
* Internal processes assessment and improvements.
* Ensuring the FX transaction flows (payments, confirmations and settlements) accuracy with both internal and external stakeholders.
* Data analysis to track P&L results, exposure and risk & opportunities.
* Create reports with meaningful insights
Accountabilities:
Ensure a correct and efficient accounting of FX impacts coming from balance sheet (settlement and revaluation process) and FX derivatives impacts (settlement and mark to market valuation) to have an approach of a real and accurate FX result and avoid FX impacts not related to standard flows by:
* Assuring balance sheet has been posting correctly and if there is a lack in any process, finding out incorrect or unreal exposures in balance sheet for the purpose of getting a more accurate picture to make hedging decision.
* Checking processes that involve FX accounting.
* Reviewing impacts in FX P&L and coordinating fixing potential errors with the owner team and consolidation team.
Analyze FX P&L results to create visibility of the FX performance and risk and opportunities by:
* Building different reports. (SAP, tableau)
* Measure balance sheet impacts due to market fluctuations, hedging impacts and cost of hedging.
Coordinate flows of FX hedging and FX cash operations between bank providers and our treasury departments to ensure correct amount and value date of settlements with providers (collect and pay) in order to save fees and interests due to wrong or late transfers by:
* Agreeing with banks the net/gross settlements of FX deals.
* Having a close communication with FX trader as well as treasury teams and create daily report summarizing the trades to be settled.
* Analyzing flows to find gaps and potential improvements to ensure a smoother process.
Assist:
* Project team in ad hod projects identifying and quantifying FX risks.
* Different GFS, OTC, P2P, Fin Ops,… to reduce lack of processes or non accurate accounting.
* Interco & treasury related to interco payments.
Maintenance of FX rates in systems, P&L structure, intercompany trading currency, solving and tracking of currency requests/problems,…
Skills
* Control of postings processes and internal accounting.
* Deep knowledge of company flows.
* Usage of Sap and Atlas systems.
* Effective communication skills.
* Excellent analytical aptitude.
* Fluent English.
* Advanced spreadsheet & modeling skills
* Motivated to seek answers and problem-solving skills.
Experiences
* 3 years of experience in GFS departments working with SAP in accounting processes.
* Nice to have - Experience in Corporate treasury and Foreign Exchange.
* Bachelor’s degree in Business, Finance, Economics or similar.
You will have the opportunity to work for a company that is going through significant change in becoming the world´s leading travel services provider. We are looking for people that are ready to ride the wave in this exciting journey.