Treasury & Commodities - Senior Associate

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Job description

About the Team

CMAS supports our clients through moments of exceptional change - whether that is through managing new risks, growth, capital and debt raising, divestitures, stress, or business transformation. CFOs are under increasing pressure to stay on top of emerging issues and, as part of CMAS, the Treasury and Commodity team is a leading provider of assurance and advisory services to companies facing challenges created by the fast pace of change and volatility in the world markets.

Treasury involves managing the financial risks of an organisation (funding and liquidity, cash management and market risk management e.g. FX) and covers the end to end process from cash to debt to eliminating volatility from the P&L. Whilst the primary purpose of Commodity Management is to manage risks generated through the management of supply and demand and to reduce them to an acceptable level. Volatility in price, regulatory requirements, political and economical context all have impacts on what we call 'Commodity Management'.

Recognised as the leading provider of corporate treasury services in the UK, our expertise includes technical accounting advice on financial instruments, advice on trading, risk management, hedging strategies and derivatives, assessing the impact in deals and helping clients set up and improve their operational functions.

We provide audit support to the audit practice, where you will learn about Treasury and Commodity Trading activities at iconic clients, and then advise and provide assurance services and support to non audit clients. Especially those who are undertaking complex transactions and deals, or are going through major changes in their accounting and financing activities with a commodity trading or treasury focus. CMAS provides similar assurance and advisory services around deals and other transformative events, giving the opportunity to work on IPOs; Mergers & Acquisitions; Divestments; Debt raising; Corporate Structuring; Technical Accounting and implementation of new accounting standards, and increasingly with Digital Finance Transformation & Enhancement activities.

It's a great place to work for those who are looking for an exciting new challenge in PwC and who enjoy working with varied and interesting clients across the assurance and advisory domains. No two projects are alike within CMAS, but they offer the opportunity to work with interesting clients on iconic transactions or important client issues that are key to PwC.

About the Role

You will have a primary focus on Treasury and Commodities but you'll have the opportunity to work across all areas of CMAS: Capital Markets transactions such as Mergers and Acquisitions, IPOs and Debt deals (including US transactions); Structuring and Deal Accounting and Digital Transformation projects. The role will give you a chance to build your experience and knowledge across the solution in a wide range of industries, whilst supporting on external audit, internal audit and advisory project work.

We are a supportive and cooperative team, committed to helping our people develop. We empower and trust our people to work independently, providing coaching and guidance as needed. We work closely with other teams within PwC and you will be encouraged to develop a network of relationships with clients and more broadly across the firm.

You'll work as part of a team and may also have the opportunity to travel within the UK and abroad, as we provide services to many multinational companies.

Essential Skills and Experience

• ACA/ACCA qualified (or equivalent)
• An audit or advisory experience is preferred
• Ability to deliver on tight timelines and manage well under pressure
• Ability to convey complex information in an understandable format
• An interest in technology
• The drive and agility to work across a range of areas
• Good verbal and written communication, including report-writing skills
• Good project management and organisational skills
• Ability to build and maintain business relationships

Desirable

• Strong understanding of treasury controls, internal audit capabilities
• Some knowledge of IFRS 9/ IAS 39/IAS 32/IFRS 7
• Experience of energy or commodity trading or other forms of commodity management
• Familiar with using or building financial or other types of business models

Who We Are Looking For

We are not expecting you to already be a Treasury and Commodities expert! We are looking for people that are intellectually curious and agile and are hungry to learn. You'll have a commercial mind-set, along with great accounting and financial reporting skills. You'll have good communication (both written and verbal) and interpersonal skills to build relationships with internal teams and the client teams you'll be working alongside. You'll have a flexible approach and be able to quickly adapt to different scenarios and complexities and have an active interest and curiosity about new digital tools and other technologies. You'll use the knowledge and skills you've acquired (including your previous auditing, advisory or technical accounting knowledge) to solve problems for our clients in different situations. You'll be attuned to the business issues our clients are facing and enjoy thinking about how we can help them. You'll be interested in building your own network.

Risk

We're a leading provider of trust in the digital world - in the eyes of our people, our clients and our stakeholders. Today's business environment is different. More complex. More connected. Companies not only face new and unknown risks, but also new and untapped opportunities. Our team is at the forefront of this change, join us to be a part of transforming how risk is perceived and capitalised on.

Not the role for you?

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The skills we look for in future employees

All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, 'The PwC Professional' and are made up of five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships.

Learn more here:

The Deal

We want all of our people to feel empowered to be the best that they can be, which is why we have 'The Deal'.

Find out more about our firmwide Employee Value Proposition:

Diversity

Valuing Difference. Driving Inclusion.

We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool because creating value through diversity is what makes us strong as a business, enabling us to solve important problems and deliver value to our clients. We encourage an inclusive culture where people can be themselves, are valued for their strengths and are empowered to be the best they can be. As an organisation with an increasingly agile workforce, we also support different ways of working offering flexible working arrangements. Learn more here about our work to support an inclusive culture.