
Geoff Rooney
You need a robust, efficient and effective treasury function to manage a wide variety of financial risks. However, because of its nature and complexity, treasury often receives insufficient governance attention and investment.
BDO's Treasury Services bring you a network of treasury specialists with the diverse skills to assess, advise on and support the full range of treasury functions. We help you to assess and manage risks, clarify and define treasury responsibilities, reflect on governance framework and verify whether internal controls are aligned with organisational strategy and benchmark its performance against best practice. We can also assist with treasury transformation - or simply with improving agility so treasury has the capability to adapt to the evolving risk environment as needed.
Using a gap analysis of your current treasury structure, compared to the requirements of your strategic objectives, we recommend an optimised organisational structure with clear roles and responsibilities. Benefits include:
We will assess your treasury operations against global best practice and recommend potential improvements to all elements of the value chain, including internal structures, processing methods, polices, control and the relationship between treasury and other stakeholders. Benefits include:
We will review and, if necessary, support you in implementing appropriate risk management strategies and methodologies to make sure treasury is equipped to manage its full risk universe. We will also help you prepare for liquidity crisis management, interest rate risk and commodity risk where applicable. Benefits include:
We will test your liquidity model, optimise your liquidity management processes and explore additional methods for efficient liquidity risk management. We will also help you adjust your assets to achieve more efficient use of working capital. Benefits include:
We will help you with scenario analysis and stress tests to look inside your risk structure and make sure your results are useful and effective. We can also model and value financial instruments on your behalf, including inequities, foreign exchange, interest and commodities. Benefits include:
We will help you to apply and interpret the new hedge accounting rules under IFRS 9 to better manage all your financial risks. Beyond hedge accounting, we can support you right across your IFRS 9 program of work, drawing on our experience of implementing IFRS 9 across the globe.
We understand the opportunities and threats inherent in these programs – and the complexities of the standard – having supported the first global adoption of the full standard. Benefits include:
We can help you decide when and how to adopt digital innovation in your treasury systems, including providing technology transformation support. Benefits include:
We will help you to build appropriate monitoring and control systems that balance the demands of regulatory compliance, efficiency, effectiveness and accountability. We will also do a walkthrough of your current operations to confirm whether e can also support the available auditable-unit in planning, audit preparation, audit performance, reporting and development while taking into account current and future risk trends. Benefits include:
We will help you to manage your treasury operations under an agreed Service Level Agreement (SLA) where we help you to manage day to day operations, develop internal processes and controls, provide month-end accounting and reporting and prepare financial year-end reports and accounting journals. We can authorise payments, provide instructions to banks or financial institutions and manage investments or cash drawdowns all within an agreed SLA and with delegated authority. Benefits include:
Find out how we can support and enhance your treasury function, contact us.
Geoff Rooney
Contact us
Contact our team to discuss your needs using the request for service form.
Alternatively, call 1300 138 991 to speak with an adviser in your nearest BDO office.