Treasury Manager

**Who are we?**

Lumens Group was founded to address the needs of the new sharing economy. Beginning with car leasing services to our drivers who drive for ride-hailing, Lumens has since grown to become one of the largest fleet operators in Singapore and further expanded into the fintech/payments space and other sectors of the new technology-led economy.

Our core vehicle leasing business prides itself on ensuring that all of our drivers are given our fullest support for them to focus on their sole task - driving. Our vehicles are maintained and serviced regularly to deliver on our promise of a worry-free driving experience for our drivers. Together with our various other innovative value-added services, we aim to make our drivers and partners the best-equipped drivers in the private-hire vehicle industry.

If you thrive in an environment that values disruptive thinking and innovative problem-solving, and would love to do purposeful work that can impact the community, join us in our mission to help drivers lead better lives

**Your role**:

- Carry out organisation's cash management strategies, objectives & plans to optimisation of cashflow and manages risks relating to treasury functions (i.e. payments, FX etc)
- Manages treasury activities including transactions processing, bank account management, bank documentation, including loans, hire purchase agreements, FX and settlement
- Perform cash positioning on weekly basis for cash visibility and cash flow forecasting for liquidity management and funding requirements
- Responsible for generating financial management reports, month-end financial reporting and statistics on the financial health of organisation and for external stakeholders including for MAS or statutory bodies
- Analyse monthly variances and perform monthly bank reconciliations
- Ensures operational activities follow the Company’s treasury management policies and regulatory requirements and they are monitored effectively
- Establish, review & maintain comprehensive and up to date processes & procedures, with auditable data and records of treasury business
- Escalates any operational risk concerns to the CFO & Managing Director
- Liaison with counterparts and stakeholders to ensure security and timely receipt of funds and payments
- Manage the settlement of any financial instruments including time deposits, foreign exchange, letter of credits and bank guarantees
- Review and manage organisation's bank accounts and trade line
- Participate in process improvement projects (for e.g., automation) and system implementation and maintenance
- Collaborate closely with all relevant functions in the compliance reporting to regulatory bodies
- Support other treasury activities and ad-hoc projects as treasury function expands or when called upon

**Role Requirements**:

- A minimum bachelor’s degree in Accounting/Banking/Finance with minimum 5 years of Treasury settlement experience
- Having prior experience in the auto industry and some debt/equity fund raising would be advantageous
- Ability to work with diverse stakeholders, both internal parties like operations, and external parties like auditors and various government authorities
- Good knowledge of accounting standards (i.e. IFRS 16, IFRS9 etc), GST, VAT, applicable taxes and accounting and financial statements
- Able to work under pressure to meet deadlines
- Strong analytical and financial modelling skills
- Highly organised person who can utilize independent judgment in establishing the accuracy and reasonableness of financial information
- Good team player with the ability to work both independently and collaboratively in a team
- Shows initiative, proactiveness and takes ownership of own work
- Good command of Microsoft Office (i.e., Excel, Word, Outlook, PowerPoint, etc.)

**Perks & Benefits**:

- Competitive remuneration package (Monthly salary + Performance based bonus)
- Medical and dental coverage
- Reputably branded staff cafe
- In house gym and fitness corner
- Recreational activities
- Exclusive staff petrol discount

**Job Types**: Full-time, Permanent

**Salary**: $7,000.00 - $10,000.00 per month

**Benefits**:

- Dental insurance
- Employee discount
- Gym membership
- Health insurance
- Professional development

Schedule:

- Monday to Friday

Supplemental pay types:

- Performance bonus

**Experience**:

- knowledge of accounting standards (i.e. IFRS 16, IFRS9 etc): 3 years (preferred)
- Treasury settlement: 5 years (preferred)

License/Certification:

- work pass/Singapore citizenship (preferred)