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Salary
$48k – $119k per year (Estimated)
Location
Remote/Hybrid (London, United Kingdom)
Seniority
Senior · 4+ years exp
Employment
Contractor
Overview
Company
Impact
Profile match
Smiths Group is a British engineering company founded in 1851 as a London watchmaker, and it has repeatedly reinvented itself, once supplying instruments for most British cars and aircraft before selling those businesses entirely. Today it operates in four areas: security screening equipment for airports and borders, seals and connectors for extreme industrial environments, non-destructive detection and inspection instruments, and specialist electrical connectors for aerospace and defence. Headquartered in London and listed there, it has been under investor pressure to break itself up on the argument that its divisions have little in common.

Every minute of every day, Smiths Detection’s threat detection and security screening technology helps to protect people and infrastructure, making the world a safer place.

Smiths Detection is a global leader in the development, manufacture and management of security and detection solutions designed to make the world a safer place. Our technology provides threat detection and screening solutions for customers in our key markets: aviation, ports and borders, defence, and urban security.

Our expertise spans 21 global offices, seven manufacturing sites and five R&D centres, with a global network of 3,000 dedicated colleagues contributing towards over 40 years at the frontline of advances in safety and security.

This results in careers built on variety and the opportunity to work on a range of state-of-the-art solutions, where you can develop your knowledge and experience every day.

At Smiths Detection, we are building a standalone Treasury function that will support our global business through robust financial control, accurate reporting, and modern treasury operations. As part of this exciting transformation, we are looking for a Treasury Accountant to join us on a 12-month fixed term contract based at our new offices in Chancery Lane, London. This is a hybrid role, where you would be expected onsite a minimum of 3 days a week.

This is a unique opportunity to play a key role in establishing and enhancing treasury accounting processes within a newly created team. You'll work closely with Treasury, Group Finance, Tax, and local finance teams while helping to implement new systems, improve controls, and automate processes that will support the future growth of the organisation.

The Opportunity

Reporting to the Head of Treasury, you will be responsible for delivering accurate and timely treasury accounting, supporting month-end close activities, derivative valuations, hedge accounting, intercompany netting, and treasury-related reporting.

This role goes beyond traditional accounting. We are looking for someone who enjoys working in a changing environment, can operate effectively with ambiguity, and is motivated by the opportunity to improve processes and help build a best-in-class Treasury function.

What you will be doing:

Treasury Accounting & Reporting

  • Prepare treasury journals, funding transactions, interest accruals, settlements, and other treasury-related accounting entries.
  • Perform month-end valuation calculations for FX transactions and reconcile treasury positions to the general ledger.
  • Maintain treasury balance sheet reconciliations and support reporting requirements.
  • Coordinate monthly intercompany netting calculations, validations, approvals, and settlements.
  • Support Group Reporting and local Finance teams with intercompany reconciliations.

Hedge Accounting & Valuations

  • Prepare and maintain IFRS 9 hedge accounting entries and supporting documentation.
  • Support derivative and interest rate swap valuations, ensuring alignment between accounting records and counterparty valuations.
  • Assist with audit requests and periodic reporting requirements.

Systems & Transformation

  • Support the implementation and development of our Treasury Management System (TMS), including accounting module testing and configuration.
  • Identify opportunities to automate manual treasury accounting activities.
  • Document processes, controls, and procedures to support a scalable operating model.

Controls & Continuous Improvement

  • Operate key treasury accounting controls and reconciliations.
  • Investigate and resolve accounting and settlement exceptions.
  • Partner with Treasury, Finance, Tax, and international stakeholders to drive improvements in process efficiency, reporting accuracy, and financial control.

About You

You'll be a qualified accountant who combines strong technical accounting knowledge with a proactive, solutions-focused approach.

    What Will Make You Stand Out?

    • Takes ownership and accountability for their work.
    • Can demonstrate tangible achievements and impact, not just participation.
    • Is intellectually curious and quick to learn.
    • Thrives in fast-paced, evolving environments.
    • Balances strong attention to detail with a pragmatic, commercial mindset.
    • Is confident contributing ideas and helping shape new processes.

    Why Join Smiths Detection?

    This is an opportunity to join at the beginning of an important transformation journey. You'll help shape a newly established Treasury function, influence how processes are designed, and gain exposure to senior stakeholders across Finance and Treasury.

    If you're a qualified accountant with treasury accounting expertise and are looking for a role where you can make a real impact while developing your career in a global organisation, we'd love to hear from you.

    • Fully qualified accountant (ACA, ACCA, CIMA or equivalent).
    • At least 4 years' experience within practice, industry, or a combination of both.
    • Strong treasury accounting experience covering FX transactions, derivative accounting, intercompany transactions, interest calculations, and month-end close activities.
    • Practical knowledge of IFRS 9 hedge accounting.
    • Advanced Excel skills and experience using financial systems.
    • Strong analytical, reconciliation, and control capabilities.
    • Experience working with multiple stakeholders across international teams.

    Desirable Experience

    • Big 4 or leading accountancy firm training background.
    • Experience within a treasury or group reporting environment.
    • Treasury Management System (TMS) experience, ideally Finastra or similar platforms.
    • SAP or comparable ERP system experience.
    • Experience supporting finance system implementations or transformation projects.
    • Intercompany netting experience across multiple legal entities.
    • Exposure to process improvement, automation, and operating model change initiatives.

    Join us and we’ll help build your career, with excellent training and opportunities for career growth across the business, both locally and globally. You’ll experience an inclusive environment, with strong leadership and a focus on safety and wellbeing. You’ll also have the flexibility to choose from a wide range of benefits to suit your lifestyle, offering you and your family support from a health and wellbeing, financial and lifestyle perspective.

    Join us and work for a world-leader, with the benefits and training to reward your dedication and skills. Be part of a team where we are making the world a safer place.

    We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of color, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.

    At no time during the hiring process will Smiths Detection, nor any of our recruitment partners ever request payment to enable participation - including, but not limited to, interviews or testing. Avoid fraudulent requests by applying jobs directly through our career’s website.

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