Treasury Operations Specialist
2 days ago
SEA Consortium Private Limited is a leading organization in the industry, known for its excellence and innovation.
Job Title: Treasury Operations SpecialistRole Summary:We are seeking an experienced Treasury Operations Specialist to join our team. As a key member of our finance department, you will be responsible for overseeing cash flow and liquidity management, ensuring efficient and effective financial operations.
This role involves working closely with internal teams to enhance internal controls against fraud, forecast cash flows, and prepare reports for senior management. Your primary goal will be to maintain financial stability, optimize currency operations, and support decision-making through accurate cash flow consolidations and analysis.
Responsibilities:- Cash Flow Management:
- Manage organizational cash flow, including TT & cheque payments, and oversee numerous international bank accounts for both incoming and outgoing transactions.
- Liaise with banks for transaction processing, handle ad-hoc queries, maintain relationships, and manage KYC/compliance matters.
- Forecast and consolidate cash flows to address the organization's short- and medium-term financial needs.
- Foreign Currency and Repatriation:
- Oversee the repatriation of specific foreign currencies into Singapore, ensuring regulatory compliance and optimal timing.
- Monitor FX requirements, recommending and managing foreign currency purchases as needed.
- Internal Controls and Risk Management:
- Strengthen and maintain internal controls to prevent fraud, phishing, and other security risks.
- Able to identify and manage financial risks such as currency risk, interest rate risk, and credit risk.
- Treasury Operations and Bank Loan Management:
- Manage comprehensive treasury functions, including cash management, bank loans (rollovers, drawdowns, compliance), and intercompany loans.
- Oversee cash pooling/sweeping and forex hedging to maximize liquidity and minimize FX exposure.
- Cash Flow Reporting and Analysis:
- Ensure the accuracy and timeliness of cash flow reporting and prepare weekly cash flow consolidations.
- Develop and present treasury reports, cash flow forecasts, and financial analyses to senior management and stakeholders, providing insights to support financial planning and decision-making.
- Banking and Relationship Management:
- Establish and maintain effective banking relationships, negotiate terms to optimize banking services and minimize transaction costs.
- Act as the primary contact for external banking partners, handling KYC, compliance, and transaction-related queries.
- Treasury Management System Implementation:
You will be responsible for implementing TMS, streamlining treasury processes, and improving overall efficiency.
$120,000 - $180,000 per annum
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