Senior Specialist - Treasury Accounting

Alcentra is owned by Franklin Templeton, a diversified firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, you’ll get exposed to different cultures, people, and business development happening around the world.

Alcentra operates independently as a Specialist Investment Manager and is headquartered in London, with offices in New York, Boston, Tokyo and Hong Kong. We are a leading, global asset management firm specializing in the sub-investment grade debt markets, experts in credit management, private credit, and structured credit strategies. Our investors include pension funds, insurance companies, government agencies, banks, wealth managers and high net worth individuals.

Visit www.alcentra.com to learn more who we are. 

What is the Senior Specialist - Treasury Accounting responsible for?

• Alcentra, recently acquired by Benefit Street Partners ("BSP"), is a wholly owned subsidiary of Franklin Resources, Inc. that, together with its various subsidiaries, operates as Franklin Templeton. The BSP/Alcentra combined organization is a leading credit-focused alternative asset management firm with approximately $77 billion in assets under management. Established in 2008, the BSP platform manages funds for institutions, high-net-worth and retail investors across various strategies including: private/opportunistic debt, liquid loans, high yield, special situations, long-short liquid credit and commercial real estate debt. Established in 2002, the Alcentra platform manages funds for institutions, high-net-worth and retail investors with a focus on the sub-investment grade debt capital markets in Europe and the U.S. Their objective is to deliver strong, risk-adjusted returns that are less correlated, through a complementary suite of traditional and alternative credit strategies. In pursuing this objective, their investment strategy and approach to credit selection are based on intensive fundamental research and credit analysis, combined with active portfolio management to minimize credit losses. 

• Alcentra are seeking a highly skilled and detail-oriented liquidity management/treasury specialist to join our firm. You will ensure accurate and timely verification of fund cash levels, provide oversight for the reconciliation of cash balances, and collaborate with internal and external stakeholders to support the smooth functioning of treasury cash management operations at Alcentra. The ideal candidate should possess a strong background in cash management, cash forecasting and cash reconciliation within the asset management industry.

What are the ongoing responsibilities of Senior Specialist – Treasury Accounting?

Responsibilities include but are not limited to:

• Cash Verification/Forecasting

  • Oversee the validation of overnight cash balances and movements ensuring the accuracy of start of day cash for our portfolio managers.

  • Collaborate with internal teams, such as portfolio managers and fund accountants, to facilitate smooth workflows and resolve operational issues related to cash management.

  • Perform daily, monthly and periodic reconciliations of cash breaks, investigating and resolving any discrepancies in a timely manner through collaboration with internal and external stakeholders.

• Cash Management

  • Development and implementation of cash forecasting models to ensure future availability and efficient utilisation of cash.

  • Ensure adequate multi-currency funding and availability of cash for investment activities by identifying and inputting FX trades into the Order Management System

• Strategic Improvements

  • As a change agent, continuously drive process improvements by owning the design and implementation of key changes with a vision of operational efficiency and excellence.

  • As an SME, transition complex processes from London to Hyderabad by collaborating with key stakeholders.

  • Lead the exploration and migration of US workflows to Hyderabad and at the same time create synergies with the London process.

  • Grow the Hyderabad team into a central treasury operations hub to support multiple strategies across different regions.

  • Create and own operational procedures and ensure the presence of a strong internal control framework in line with the evolving business environment.

What ideal qualifications, skills & experience would help someone to be successful?

• Bachelor’s degree in finance, accounting, business administration or a related field. Advanced degree (MBA, CFA) is a plus.

• Minimum of 10 years’ experience in fund treasury operations, fund accounting, or related roles within the asset management industry.

• Proficiency in using fund treasury / accounting systems, reconciliation tools and other relevant software.

• Project Management skills with the ability to work across jurisdictions to identify and migrate workflows to Hyderabad

• Previous experience working across global teams

• Excellent attention to detail and ability to analyse complex data sets accurately.

• Strong problem-solving skills and ability to collaborate with cross-functional teams to resolve operational issues.

• Excellent communication and interpersonal skills to build relationships with internal teams and external service providers.

• Dynamic and proactive mindset with a continuous improvement focus, staying updated on industry best practices and emerging technologies.

Work Shift Timings - 11:00 AM - 8:00 PM IST