Title:  Assistant Manager Treasury

Job Summary

Support Singapore treasury operations while progressively contributing to Group Treasury initiatives across cash management, FX, and reporting. The role will start with a primary focus on Singapore responsibilities ensuring strong local execution. The scope of the role is expected to expand over the year to include supporting and performing group treasury activities.

Business Metrics

• Accurate and timely cash forecasts with reduced deviations.
• All FX exposures declared and hedged per Group policy.
• Reduction of idle liquidity through deposits and pooling.
• Effective cash deployment balancing liquidity and tax efficiency.
• High-quality, timely reporting packs for Group Treasury.

General Responsibilities

This role gives early-career treasury professionals exposure to building a solid foundation in local operations before expanding into global responsibilities. You’ll start by learning the ropes of Singapore treasury operations — managing accounts, cash forecasting, and FX — and then grow into supporting Group Treasury across cash pooling, funding, hedging, and reporting.

It’s a role for someone curious, adaptable, and hands-on — ready to dive into detail now while also helping shape new ways of working, including the Treasury Management System (TMS) rollout.

Local Treasury – Singapore 

Cash Management:  

• Cash Reporting & Forecasting: Liaise with Credit Control and BPO AP to collect inputs, consolidate weekly cash forecasts, 
• Forecast Deviation Tracking: Review actual vs forecast variances weekly; identify root causes and recommend improvements.
• Liquidity Monitoring: Track offshore 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.

Management Reporting:

• Monthly flash submission to Group Treasury on Net Debt, FCF, Interest, FX movements and Facilities

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.
  Country Advisor
• Act as the trusted treasury advisor for Singapore, overseeing banking, liquidity, financing, and FX exposure matters

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.

Education & Work Experience

• Minimum 4-5 years’ experience in a finance role
• 3–5 years of relevant experience in treasury, corporate finance, or banking.
• Hands-on exposure to cash forecasting, liquidity management, or FX transactions.
• Experience working with banks, auditors, or regulators.
• 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
• Degree or professional qualification in Accounting/Finance or a related discipline

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