Treasury Specialist

World Health Organization - Washington, DC

Full-time - Mid Level

Washington, DC

National Security and International Affairs

About the position

This requisition is for employment at the Pan American Health Organization (PAHO)/Regional Office of the World Health Organization (WHO). The Department of Financial Resources Management (FRM) oversees the financial transactions of the Organization by establishing the accounting policies and procedures, in accordance with PAHO's Financial Regulations and Rules; processes the disbursements of funds; prepares the financial statements of the Organization; monitors the inflow of funding and utilization of these resources; is responsible for investments and banking, financial analysis, monitoring the cost centers' financial administration, payroll, pension, taxes, Staff Health Insurance, and the processes and systems involved with FRM's area of responsibility.

Responsibilities

• Identify and implement best practices in treasury, accounting and risk management in the operations of the Team.
• Ensure timely monitoring and reporting of financial risks.
• Develop and document all policies and processes regarding Treasury operations, including accounting and investment guidelines, electronic banking protocol, business continuity plans, etc.
• Liaise with country offices to ensure provision of appropriate level of banking services, technology, training and operational support.
• Supervise Treasury staff; provide training and guidance on issues arising from the day-to-day activities.
• Promote automation of tasks wherever possible, including reporting and dashboards, to support internal controls and management oversight.
• Develop and maintain an active relationship with investment counterparts and asset managers to obtain investment information and market advice.
• Review and report on performance of investment partners and portfolio managers.
• Oversee the accounting and reporting of investment activity in accordance with accounting standards and financial regulations and rules.
• Oversee calculation, accounting and reporting of interest apportionment to all PAHO interest-bearing funds.
• Contribute to the preparation of investment reports and other documents for senior management and the PAHO Investment Committee.
• Participate in the preparation for PAHO Investment Committee meetings.
• Monitor, review and report on the compliance of internally and externally managed funds as per investment policies and guidelines.
• Act as the key contact for KYC requests and other documentation from investment partners and banks.
• Review and clear the processing of all settlements of Treasury Transactions.
• Follow up on payment execution and settlement of all treasury operations to ensure they are processed on time and without delays.
• Record keeping of all investment and cash management transactions as per policies and guidelines.
• Ensure efficient and error free processing of all treasury transactions with strict compliance to policies and procedures.
• Ensure necessary procedures including back-up and business continuity plans to minimize operational risks.
• Develop and maintain an active relationship with banking partners to ensure efficient and cost-effective provision of services.
• Support country office banking requirements, including the review of requests for new banking relationships and services.
• Act as authorizing signatory on all payments issued at Regional Headquarters.
• Assume custody of all cash items received by the Organization and ensure maintenance of registry of receipts and disposition of these items.
• Oversee the maintenance of bank signatory panels, database and files.
• Review monthly bank reconciliations for corporate accounts and ensure timely clearance of outstanding reconciling items.
• Monitor and analyze the banking fees on a regular basis to ensure they reflect agreed conditions.
• Provide ERP Business Process evaluation and training for the Treasury team members, as well as country office counterparts.
• Manage the credit card program by providing advice to cardholders, monitoring and reporting the activity on credit cards and ensuring compliance with policies.
• Ensure the maintenance of updated policies, SOPs and Job Aids for business processes under Treasury.
• Prepare year-end statements and disclosures for the Financial Report to the Director.
• Assemble information and maintain files on banking laws, currency conversion requirements, exchange control regulations, devaluation trends, etc.
• Provide leadership, guidance and monitoring staff through setting of clear work objectives.
• Perform other related duties, as assigned.

Requirements

• A bachelor's degree in accounting, business administration or finance from a recognized university.
• Seven years of combined national and international experience in accounting and/or finance, with at least two years of supervisory experience.
• Experience with International Public Sector Accounting Standards (IPSAS) or International Financial Reporting Standards (IFRS) required.

Nice-to-haves

• Professional certification in Accounting (CPA or CA), Investment Management (CFA), or Treasury Management (CTP) is highly desired.
• A master's degree in accounting, finance, or business administration would be an asset.
• Experience in managing investment portfolios would be an asset.
• Experience working with Workday Financial Management Modules or ERP would be an asset.

Benefits

• 30 days annual leave
• dependency benefits
• pension plan
• health insurance scheme
• home leave
• travel and removal expenses on appointment and separation
• education grant for dependent children
• assignment grant
• rental subsidy