Assistant Manager Group Treasury

Title: Assistant Manager Group Treasury

Location:

Novena Square, SG, SG

Global Business Unit: OTH

Job Function: Finance

Requisition Number: 216217

Description:
Job Summary
This position sits within Group Treasury Front Office in Singapore and is responsible for managing cash, liquidity, and FX activities for Singapore market. In addition to overseeing local treasury operations, you will play an active role in driving relevant front office initiatives. This role requires close collaboration with Country Finance teams and local stakeholders, serving as a strategic partner who delivers actionable insights and solutions to enable sound business and funding decisions.

This role gives early-career treasury professionals exposure to both local operations and global transformation projects.

You'll work closely with Country Finance and Group Treasury leaders, providing insights that drive business actions and ensure sound cash and funding decisions. You'll not only manage daily operations like cash forecasting, liquidity monitoring, FX execution, and banking facilities, but also contribute to exciting global projects such as Treasury Management System (TMS) implementation, digital collections, and payment automation.

This is a unique opportunity to develop practical treasury skills while building visibility across the business. If you are analytical, curious, and eager to learn, you'll find plenty of room to grow here.

*General Responsibilities
Country Treasury - Singapore
Cash Management:*

• Cash Reporting & Forecasting: Liaise with Credit Control and BPO AP to collect inputs, consolidate weekly cash forecasts. Provide tactical financing solutions (short-term funding, trade finance, intercompany loans) when commercially justified by business growth
• Forecast Deviation Tracking: Review actual vs forecast variances weekly; identify root causes and recommend improvements.
• Liquidity Monitoring: Track all Singapore entities bank balances; advise respective countries on depositing excess funds with Group Treasury to optimize liquidity.
• Ensure cash optimization decisions take into account local tax efficiency, balancing liquidity deployment with tax implications.

*Banking / Facility:*

• Bank Accounts & Signatories: Manage account openings/closures, maintain signatory records, and ensure proper documentation with banks.
• TIS & Internet Banking Administration: Maintain user access, authorization levels
• Bank Facility Liaison: Coordinate with local banks on factoring, short-term facilities, and compliance with covenants.

*FX Exposure & Hedging:*

• FX Hedging Execution: Raise, confirm, and settle weekly hedging requests in line with Group Treasury policy; monitor swap positions and maturity schedules. Support group initiatives to automate FX exposure identification.
• TMS Implementation: Actively contributes to the rollout of the new TMS — including testing, data migration, process redesign, and user training.

*Business Partnering / Management Reporting:*

• Monthly flash submission to Group Treasury on Net Debt, FCF, Interest, FX movements and Facilities Partner with Country Finance to translate treasury data / insights into business actions

Group Treasury
*Cash Management:*

• Lead the automation and streamlining of forecast input and consolidation processes for cash pool markets. Design and implement standardized templates and workflows to enhance variance analysis efficiency, data integrity, and reporting timeliness for improved cash flow and funding decisions.

*FX Exposure & Hedging:*

• Develop and standardize analytical materials to assess FX exposure and hedging impact across multiple markets to facilitate consistent and insightful FX risk reviews with country finance. Enable better-informed hedging decisions through clear visualization and interpretation of exposure data.

*Management Reporting:*

• Support monthly mark-to-market (MTM) reviews of hedge contracts; conduct in-depth analysis of currency pair movements and yield curve changes to explain valuation shifts.
• Develop a structured country-level treasury knowledge base consolidating key financial and regulatory insights to enhance cross-functional understanding and onboarding efficiency.

*Functional Skills And Knowledge*

• Minimum 4-5 years' experience in a finance role
• 3–5 years of relevant experience in treasury or corporate finance.
• Hands-on exposure to cash forecasting, liquidity management, or FX transactions.
• Experience working with banks / auditors.
• Involvement in system projects or process improvements preferred.
• Demonstrated ability to self-learn new tools or processes (e.g., Excel automation, Power Query, TMS modules) and apply them to improve work efficiency.
• Demonstrate sound knowledge and understanding of the business and industry
• Demonstrate sound knowledge and application of treasury/cash management principles and best practices
• Demonstrate sound knowledge and application of local/international accounting standards, principles and practices
• Demonstrate strong research and analytical skills
• Curious & proactive — eager to question, learn, and improve.
• Self-learning capability — able to pick up new systems, tools, and treasury concepts quickly without waiting for formal training.
• Collaborative — comfortable working with peers, seniors, and external partners.
• Adaptable — able to manage detail while navigating complexity.
• Clear communicator — able to explain numbers and variances to non-treasury colleagues.

Education
Degree or professional qualification in Accounting/Finance or a related discipline.

The Certified Treasury Professional (CTP) certification is a plus.

Requisition Number: 216217

Job Function: Finance