International Treasury Centre Lead

  • International Office

International Treasury Centre Lead

Job description

Location: Any MSF Office*

Contract: Permanent - full time

Reports to: International Finance Coordinator

Deadline to apply: 6 December 2022

Starting date: ASAP


*By default, the successful candidate will be offered a contract in the MSF office of their country of residence at the time of application.


I. MSF INTERNATIONAL

Médecins Sans Frontières (MSF) is an international, independent, medical humanitarian organisation that delivers emergency aid to people affected by armed conflict, epidemics, healthcare exclusion and natural disasters. MSF offers assistance to people based only on need and irrespective of race, religion, gender or political affiliation.

MSF International is the legal entity that binds MSF’s 24 sections, 25 associations and other offices together. Registered in Switzerland, MSF International provides coordination, information and support to the MSF Movement, as well as implements international projects and initiatives as requested.


II. POSITION BACKGROUND

The International Finance Team has adapted the general concept of a “Treasury Centre” to the needs and the context of the MSF Movement. With the support of an external expert, it has developed and is now responsible for the establishment of the “MSF International Treasury Centre”.

The current “Treasury Centre” project aims to deliver three services: 1- Cash netting across all MSF entities, 2- A cash pooling initiative open to all MSF entities, and 3- A movement-wide foreign exchange hedging program. The former is now fully operational while the latter two have been piloted and are now entering the roll-out phase.

“Treasury Centre” plans and activities are overseen by a Steering Committee. All major decisions are made by a representative platform of MSF finance directors. Treasury policies and key directions also come under the purview of the Finance and Audit Standing Committee of the MSF International Board.

The Treasury Centre Lead is expected to lead the roll out of the two new services and to manage ongoing operations of the MSF International Treasury Centre project for all services as they are implemented. Coordinating the roll-out is expected to be a full-time activity until the start of Q4 2023. Once all three services are firmly in place, the Treasury Centre Lead is expected to dedicate about 40% of their time to developing, supporting or coordinating other Treasury-related initiatives aimed at helping MSF entities strengthen the treasury function individually or/and collectively.

III. PLACE IN THE ORGANISATION

The Treasury Centre Lead is a member of the International Finance Team. The team provides movement-wide information to decision makers, encourages collaboration and coordination across MSF entities on financial matters and supports initiatives and projects in the area of financial management. It is different from the finance unit of MSF International which provides financial services to the MSF International Office.

The Treasury Centre Lead reports to the International Finance Coordinator. S/he works with the finance team of MSF International on a daily basis as the Treasury Centre services are provided under the legal and financial responsibility of MSF International. The Treasury Centre Lead also works with finance teams across all MSF entities, and the six Operational Centres in particular, on a very frequent and regular basis. S/he also supports the Steering Committee and other bodies involved in the governance of the Treasury Centre. S/he represents MSF entities in the dealings with service providers and financial institutions.

The Treasury Centre Lead does not supervise anyone internally as all treasury services are outsourced.


IV. OBJECTIVES OF THE POSITION

The purpose of the position is to ensure that the Treasury Centre provides the agreed three services effectively, efficiently and economically and more generally helps ensure that MSF treasury activities continuously improve by judiciously selecting and implementing best practices that are relevant to the needs of MSF. The Treasury Lead must naturally ensure that all treasury operations in which the Treasury Centre is involved take place within a strong internal control environment.

The key objectives of the position are:

1. Lead and coordinate the implementation of approved treasury initiatives until they become “business as usual”.

2. Ensure that existing initiatives deliver optimally

3. Ensure proper internal control over treasury centre activities

4. Develop and grow a community of practice among colleagues with treasury responsibilities in MSF entities. Once established, ensure that it remains vibrant and produces the expected value to participants and the MSF movement as a whole.

5. Design and steer new potential initiatives

6. Take on other responsibilities in line with job responsibilities in agreement with supervisor


V. MAIN RESPONSIBILITIES

1. Lead and coordinate the implementation of approved treasury initiatives until they become “business as usual”. This includes:

  • Project manage, including a) continuously managing activities and relationships to ensure that project objectives and milestones can be achieved within the agreed time frame and resource commitment, b) ensuring that all internal interested parties have up to date information and on the project (e.g. finance departments of MSF sections and MSF International, Legal services)-
  • Work with all third parties to ensure that they can provide all necessary services and meet all conditions and standards defined by MSF during the preparation and roll out phases. Third parties include outsourced treasury management services, banks and other institutions/service providers,
  • Work with all MSF participants to ensure that they are equipped and ready to play their part in the implementation of activity; proactively support change management across all participating entities and set up all necessary processes at the international finance team level,
  • Ensure that activities are supported by a proper policy framework, have proper controls in place and are fully understood and supported by the relevant governance body. Ensure that all contractual agreements optimally serve MSF’s interests.
  • Ensure that appropriate documentation of activities, plans and results exists and is readily available to all interested parties.

2. Ensure that existing initiatives deliver optimally by taking or recommending appropriate and timely action

  • Work with third parties, including outsourced treasury management services, banks and other institutions/service providers to ensure that they continuously deliver services as per agreed standards and costs,
  • Work with all MSF participants to make sure that they play their role optimally,
  • Coordinate with and support the Finance Unit of the MSF International Office which plays a crucial role in the set-up of the Treasury Centre,
  • Ensure that existing initiatives optimally serve MSF’s interests and needs, recommend changes as needed,
  • Assess performance and report regularly,
  • Problem-solve as needed.

3. Ensure proper internal control over treasury centre activities

  • Coordinate regular risk assessments to ensure that the internal control system mitigates those risks adequately,
  • Ensure that all Treasury Centre activities take place within an appropriate policy and legal framework and that governance bodies are involved appropriately,
  • Ensure that all necessary guidelines and Standard Operating Procedures are developed and available,
  • Ensure that a robust orientation program exist for new MSF participants and that other participants are trained on new developments,
  • Ensure that all relevant MSF policies and requirements are met (e.g. procurement policy),
  • Support the annual process of combining the accounts of all MSF entities in the area of treasury-related accounts and transactions.

4. Develop and grow a community of practice among colleagues with treasury responsibilities in MSF entities. Once established, ensure that it remains vibrant and produces the expected value to participants and the MSF movement as a whole.


5. Design and steer new potential initiatives

  • Identify or help identify opportunities for new initiatives,
  • Build support among the community of practice and others as needed,
  • Scope the initiative after identifying possible sponsors,
  • Establish a business case for the change,
  • Steer the business case through decision-making and resource allocation processes,
  • Project manage the design process,
  • Project manage the roll out
  • Monitor, evaluate and report regularly

6. Take on other responsibilities in line with job responsibilities in agreement with supervisor

Job requirements

  • Commitment to the aims and values of Médecins Sans Frontières
  • Master’s degree or equivalent in finance, business administration or related field
  • A minimum of 6 to 8 years progressive professional Treasury experience required, preferably in an international setting, of which at least 2 years in a corporate or not-for-profit treasury environment
  • Demonstrated ability to work with a broad range of external parties, including financial institutions and service providers
  • Demonstrated ability to develop, lead or support lead cross-functional/multi-unit initiatives/projects
  • Demonstrated capacity to problem-solve
  • Good time management
  • Enthusiasm, self-motivation, initiative and resilience
  • Good interpersonal skills and very good communication skills
  • Excellent written and spoken English
  • Interest in use of applications and IT tools
  • Experience in presenting documents or making presentations with management teams or governance bodies preferred, although not essential


Only shortlisted candidates will be contacted.


At MSF, we are committed to an inclusive culture that encourages and supports the diverse voices of our employees. We welcome applications from individuals of all genders, ages, sexual orientations, nationalities, races, religions, beliefs, ability status, and all other diversity characteristics.