Sr. Treasury Associate

Job Posting Organization:
The International Organization for Migration (IOM) is an intergovernmental organization established in 1951, dedicated to promoting humane and orderly migration for the benefit of all. With over 173 member states and offices in more than 100 countries, IOM works to ensure that migration is safe, orderly, and dignified. The organization focuses on various aspects of migration, including humanitarian assistance, development, and policy advocacy. IOM's mission is to provide services and advice concerning migration to governments and migrants alike, ensuring that the rights and dignity of migrants are respected and upheld. The organization employs thousands of staff worldwide, working collaboratively to address the challenges and opportunities presented by migration.

Job Overview:
The Sr. Treasury Associate position is a critical role within the Manila Financial Services team, reporting directly to the Chief of Manila Financial Services and under the supervision of the Head of Manila Financial Review Services. The successful candidate will be responsible for a variety of treasury functions, including payment processing, liquidity management, and compliance control. This role requires a high level of coordination with various departments, including Human Resources and Central Accounting Support, to ensure the smooth operation of financial services. The Sr. Treasury Associate will also be involved in maintaining the integrity of financial data and reporting, ensuring compliance with IOM's financial regulations and standards. The position demands strong analytical skills, attention to detail, and the ability to work effectively in a multicultural environment. The candidate will be expected to manage multiple tasks efficiently while adhering to strict deadlines, making this role both challenging and rewarding.

Duties and Responsibilities:
The duties and responsibilities of the Sr. Treasury Associate include executing payment runs in the Wave (Oracle) system, monitoring Fincoorp tickets for proof of payments, and manually processing payroll payments. The associate will also be responsible for monitoring incoming funds on HQ bank accounts and preparing accounting entries for foreign exchange and mission funding requests. Additionally, the role involves back office functions for HQ in the Treasury Management Software, including bonds recording and updating amortized cost calculations. The associate will control manual mission payment requests to ensure compliance with IOM rules and assist in monitoring compliance request cases from CITI bank. Furthermore, the Sr. Treasury Associate will maintain the bank master data, coordinate with the WAVE Central Support Team, and validate newly created accounts. The position also requires coordination with other departments for retirees' health insurance premiums and bank reconciliations, as well as managing the MTS mailbox and maintaining business relationships with banking partners.

Required Qualifications:
Candidates must possess a university degree in Accounting, Finance, or a related field from an accredited institution, with a minimum of four years of relevant professional experience. Alternatively, candidates with a completed high school degree in the same fields and six years of relevant experience will also be considered. Proficiency in MS Office applications, particularly Excel and PowerPoint, is essential. Strong analytical and problem-solving skills, along with excellent organizational and multi-tasking abilities, are required. Knowledge of International Public Sector Accounting Standards (IPSAS) is considered an advantage. Candidates should demonstrate a commitment to efficiency, flexibility, self-motivation, and creative thinking, as well as the ability to work harmoniously within a diverse team.

Educational Background:
The educational background required for the Sr. Treasury Associate position includes a university degree in Accounting, Finance, or a related field from an accredited academic institution. Accreditation must be recognized by the UNESCO World Higher Education Database. Candidates with a completed high school degree in the aforementioned fields will also be considered if they have the requisite years of professional experience. This educational foundation is crucial for understanding the complexities of financial management and treasury operations within the organization.

Experience:
The position requires a minimum of four years of relevant professional experience for candidates with a university degree, or six years for those with a high school diploma. Candidates should have a high level of computer literacy, particularly in MS Excel and PowerPoint, and demonstrate good analytical and problem-solving skills. Experience in financial management, treasury operations, or related fields is essential, as well as familiarity with international accounting standards and practices. The ability to manage multiple tasks and work under pressure is also important for success in this role.

Languages:
Fluency in English is mandatory, with excellent written and verbal communication skills required. While English is the primary language of communication within IOM, knowledge of additional languages may be considered an asset, particularly in regions where IOM operates. Candidates should be able to communicate effectively with colleagues and stakeholders from diverse cultural backgrounds.

Additional Notes:
This position is subject to local recruitment, and only candidates holding a valid residence and work permit for the Philippines will be eligible for consideration. The appointment will be contingent upon certification of medical fitness, verification of residency, and compliance with government regulations. Vaccination against COVID-19 is required for all IOM personnel. The organization does not charge any fees during the recruitment process and only accepts applications submitted through the IOM online recruitment system. Candidates are encouraged to visit the IOM Careers website for further information and other job postings.