Treasury Officer

Job Description

Key Responsibilities: 1. Treasury Operations Management: o Oversee and manage the companys treasury operations, including cash management, liquidity forecasting, and short-term funding activities. o Ensure the efficient execution of payment processes, including payables, receivables, and foreign exchange transactions. o Coordinate with regional treasury teams to ensure global cash positions are optimized 2. Cash Flow and Liquidity Management: o Monitor global cash positions, ensuring adequate liquidity is available for operational needs. o Support in managing cash forecasting processes, improving forecasting accuracy across different regions and currencies. o Lead the management of cash pooling and intercompany financing arrangements to maximize efficiency. 3. Banking and Relationships: o Develop and maintain relationships with key banking partners and financial institutions globally. o Evaluate and negotiate banking services, ensuring that the company receives competitive terms and optimal service. o Manage and optimize the bank account structure across regions, ensuring efficient reconciliation and reducing bank fees. 4. Treasury Systems and Processes: o Ensure the treasury management system (TMS) is effectively utilized and maintain integration with other financial systems. o Drive the automation and optimization of treasury processes to increase operational efficiency. o Lead the ongoing enhancement of treasury procedures, ensuring compliance with internal policies and external regulations. 5. Compliance and Risk Management: o Ensure compliance with local, regional, and international regulatory requirements, including financial reporting standards. o Implement and enforce internal controls to safeguard company assets and mitigate financial risks. o Assist in managing foreign exchange and interest rate risk exposures, supporting the Head of Treasury in implementing hedging strategies. 6. Team Leadership and Development: o Supervise and mentor a team of treasury professionals, providing guidance, training, and development opportunities. o Foster a collaborative and performance-driven culture within the treasury operations team. o Work closely with other departments (e.g., accounting, finance, legal) to ensure cross-functional alignment on treasury-related matters. 7. Strategic Projects and Initiatives: o Support the Head of Treasury in strategic projects, such as treasury system upgrades, banking structure redesigns, or integration of new acquisitions. o Contribute to the development of long-term treasury strategies aligned with the company’s financial goals. 8. Reporting and Analysis: o Prepare and present regular reports on treasury activities, cash flow, liquidity, and banking relationships to senior management. o Provide ad-hoc analysis and recommendations for senior management regarding cash management, working capital optimization, and financial performance. Qualifications and Skills: • Education: Bachelors degree in Finance, Accounting, Business, or a related field. A master’s degree (e.g. MBA/M com) or relevant certifications (e.g.,CFA) is a plus. • Experience: o Minimum of 7-10 years of experience in treasury operations or finance, with at least 3-5 years in a leadership role. o Experience working in a multinational or global treasury environment. o Strong understanding of cash management, liquidity forecasting, treasury systems, and financial risk management.