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Treasury and Risk Management Specialist

Il y a 2 mois


Montpellier, Occitanie, France ICARDA Temps plein

About ICARDA

The International Center for Agricultural Research in the Dry Areas (ICARDA) is a treaty-based international non-profit research organization supported by CGIAR. ICARDA's mission is to reduce poverty, enhance food, water, and nutritional security, as well as environmental health in the face of global challenges including climate change. We do this through innovative science, strategic partnerships, linking research to development, and capacity development that take into account gender equality and the role of youth in transforming the dry areas. ICARDA works in partnership with governments, universities, civil society, national agricultural research organizations, other CGIAR Research Centers, and the private sector. With its temporary Headquarters in Beirut, Lebanon, ICARDA operates in regional and country offices across Africa, Asia, and the Middle East.

Main Responsibilities

  • Treasury Management:

Assist the Director of Finance with the monitoring of appropriate treasury management policies and guidelines and ensure that these are implemented and followed in all ICARDA locations.

Cash Management and Liquidity:

Manage the day-to-day liquidity of the Center and ensure that appropriate levels of cash, including foreign currencies, are held as required. Provide tools, financial models, and advising internal stakeholders on optimizing the use of cash within approved policies that emphasizes preservation of capital in a cost-effective way.

Foreign Currency (FX) Management:

Identify FX risks arising from international operations and transactions, assess currency impacts on income and expenses, and implement hedging strategies to manage these risks effectively. Provide advice to the Director of Finance in developing and executing FX risk management policies, monitoring market trends, and executing FX transactions to optimize costs. Provide regular reporting on FX exposures and performance, collaborate with internal stakeholders to understand FX needs, and communicate strategies and insights to senior management.

Investment Management:

In conjunction with the Director of Finance, manage ICARDA's investment portfolio based on its investment policy, risk tolerance, and financial objectives. Conduct analysis of investment options and recommend appropriate investment strategies. Monitor investment performance and adjust portfolio allocations as needed.

Relationship Management with Banks and Financial Institutions:

Serve as the focal point for all banking relations at the HQ and country level. Maintain good relationships with banks and financial institutions and monitor quality and cost of services. Serve as the administrator for ICARDA's banking and corporate credit cards system. Ensure 'Know Your Customer' requirements and all other documentation are up to date and accurate.

Risk Management:

Support the Risk Officer (who is currently the Director of Finance) in identifying, assessing, and managing risks that could impact the achievement of the organization's objectives, including financial, operational, and strategic risks.

Compliance:

Work closely with ICARDA's legal team, monitor compliance of the organization's treasury-related activities with applicable laws, regulations, and internal policies, and recommend the implementation of measures to address any deficiencies or areas of non-compliance. Oversee compliance with donor policies and requirements as set out in the grant contract agreement and monitor the status of donor project audits.

Internal Controls:

Recommend changes to the Director of Finance on ICARDA's internal control systems to safeguard organizational assets, ensure the accuracy and reliability of financial reporting, and promote compliance with laws and regulations.

Full Cost Recovery Implementation:

Work closely with the Head of FP&A and the Grant Finance Manager to ensure the Board-approved full cost recovery policy is implemented and optimized. Oversee approval of project proposal budgets to ensure full costs are recovered.

Capacity Building:

Provide training and support to staff members on relevant oversight-related topics, including risk management, compliance, sanctions management, and internal controls to ensure that ICARDA remains agile in navigating global currency markets and enhancing financial resilience.