Treasury Operations Specialist, Take Two Interactive

• Role would suit a qualified treasurer / accountant with previous experience in managing treasury operational functions as well as financial accounting
• Qualified Treasurer and/or Accountant with at multiple years’ experience (minimum 5)
• Good ERP systems and BI systems knowledge
• Flexible knowledge of bank and investment portals

Desirable

• Manage the Treasury function for all UK Entities, including controlling foreign exchange risk, investment management, cash flow forecasting, and overall cash management and cash control
• Manage and control the reporting element of payroll, including managing all payroll-related bookings, control accounts, and the PSA tax arrangements for all UK entities
• Manage the UK (and where applicable, European) treasury function liaising with relevant business bank support contacts and US treasury team when needed
• Participate in various Treasury and Group projects/tasks as and when required
• Point-person for European bank account operations
• Leading any account opening and closing initiatives and fulfilling requirements as necessary to completion in a timely fashion
• Ensure cash management processes are standardized across all entities, seeking to gain efficiencies from standardization and streamlining these process
• Review, management, and submission of the monthly cash flow forecast for all UK entities; reporting to US treasury team any cash risks
• Management of group funding between relevant entities to ensure sufficient liquidity for business operations
• Review international and group intercompany positions on a quarterly basis and prepare settlements
• Control intercompany loans, including formulation of new loans, maintenance of existing loans and monthly accrued intercompany interest income, and ensuring these are recorded correctly and payments obligations are met
• Ensure reconciliations for all companies’ cash accounts are completed monthly
• Assess and action investment opportunities in events of excess liquidity
• Record all investments classifications and monthly interest income to ensure reconciliations for all companies’ investment accounts are completed monthly
• Optimize returns with varying investment instruments, e.g., money market funds, time deposits
• Identify and accurately forecast foreign exchange exposure on a monthly rolling basis, taking action to mitigate these through the necessary instruments, e.g., balance sheet hedging program to minimise foreign exchange P&L impact
• Perform monthly FX P&L impact for relevant entities and analyze material fluctuations
• Book monthly realized and unrealized gains and losses and report quarterly FX disclosures to US Treasury team
• Liaise with the relevant finance and legal staff to coordinate working capital transactions
• Own controls and procedures around all treasury activities, ensuring any risks identified are mitigated
• Act as Finance business partner with payroll and HR, ensuring that all the businesses needs are met
• Ensure that all Finance requirements are considered and accounted for by HR and payroll
• Ensure all payroll-related entries are recorded across all companies in an accurate and timely manner and that all entities’ booking processes and timelines are standardized
• Ensure that all payroll related-control accounts are fully reconciled and accurate
• Identify areas for efficiency improvements across the payroll process, working with payroll, HR, HRIS, and Business Applications teams
• Meet internal and external reporting requirements to perform analysis for moth-end close and external audit purposes
• Complete PSA reporting requirements, ensuring that submissions are completed in an accurate and timely manner, and all related payment requirements are met
• Maintain and build robust processes surrounding testing of RACM as relates to payroll and PSA
• Act as finance point-person for any payroll tax related questions or issues
• Work with treasury team in obtaining access to relevant treasury systems to facilitate cash management, investment management, and foreign exposure risk mitigation
• Evaluate treasury and payroll operational and financial risks for group companies and establish mitigating controls
• Control and continuous improvement over Blackline financial reporting system as pertains to treasury and payroll tasks and accounts
• Liaise with department managers and identify opportunities for re-engineering current business processes with the goal of delivering operational efficiencies and improved financial visibility
• Drive necessary changes in systems for reporting needs
• Flag systems issues early and follow through to resolution
• Assist SDOF to ensure compliance with all US GAAP regulations and UK GAAP audit requirements
• Assist in production of the annual statutory accounts for all entities, liaise with EY external auditors to ensure filing within the necessary deadlines
• Ensure compliance with company SOX controls requirements
• Routinely review SOX controls language and requirements and update as necessary to fit with optimized processes and business needs
• Management of direct report including setting clear business objectives, coaching, and professional development
• Provision of timely and constructive feedback to direct reports
• Developing close working relationships within finance and across business functions, taking on additional responsibilities as required
• All reporting both internal and external is done in a timely and accurate manner
• Operate as an effective business partner to the noted functions
• Recommend and initiate improvements to current processes
• Ensure timely month-end close processes and accurate reporting of financials within the corporate consolidation tools (HFM)
• Introduce best practices and standardization within the finance and operations functions for the group
• Motivate and develop direct reports; and
• Ensure processes remain SOX compliant