Treasury Analyst

About the job:

To manage and analyze all treasury activities of our business in Singapore and other countries, and to be the primary country contact with corporate treasury and regional treasury. In this role, you will be required to analyze financial data, prepare treasury reports and analytical documents, generate cash flow forecasts, and develop effective cash and asset management strategies.

To be a successful treasury analyst, you should demonstrate attention to detail and be proficient in treasury analytics software. A skilled treasury analyst should be able to produce accurate financial forecasts and implement effective strategies that ensure the organization's profitability.

Main responsibilities

The Treasury Analyst position reports to the Head of Treasury - TMS & PH and is responsible for the following main activities.

Daily operational treasury management

• Reconciliation of bank flows with forecasts and balancing of bank accounts;
• Prepare daily cash position and rolling liquidity forecast to deposit surplus or withdraw credit facilities;
• Execution of Treasury related payment activities, including wire transfers, electronic funds transfers, intercompany loan/deposits settlements, and other treasury transactions;
• Manage bank cash balances and bank master data, ensure sufficient liquidity for funds transfer and payment duties; follow up payment status of all domestic and overseas remittances and incoming funds;
• Manage the bank loan drawdown process, review loan contracts and monitor outstanding loan balances with banks;

Cash flow and working capital optimization

• Responsible for actual and forecast cash flow (internal and external) reporting and analysis;
• Working Capital analysis including: Cash Conversion Cycle KPI’s, focused on DSO (Budget, Actuals, Forecast), as well as DPO and DIO; Customer overdue;

Bank dealing 

• Contact with bank to obtain the best pricing/rate offers from core banks for FX deals, deposits and loan transactions

Banking relationship

• Management of bank accounts (opening/closing, overdrafts), banking powers and users’ access;
• Point of contact with local banks in respect of treasury operational issues ensuring quality of service;
• Maintain local banking and payment systems in accordance with Group policy;
• Control bank fees;
• Corporate card credit facility;

Compliance and internal control

• Maintain the documentation for Treasury business processes, review and update and ensure compliance with internal control requirements;
• Handle KYC with banks;
• Relation with external auditors by providing requested items and thoroughly responding to questions in support of the financial statement audit;

Projects

• Participate in projects to improve Treasury processes, technologies that facilitate operational efficiencies and Treasury performance;
• Taking a proactive role in finance/treasury projects (cash dividend, business planning, employee share program, internal & external audits);
• Liaise with IT function with regards system issues and process improvements;

Credit risk management

• Support Head of Treasury - TMS & PH in assessing the credit risk profile of the most significant customers as per Group policy

About you:

Experience:

While Treasury experience is preferred for this role, it is not a requirement. Applicants with general finance experience can also be considered for this position, provided that the team overall will have the right expertise balance.

Skills:

•Strong analytical skills, financial acumen, accuracy and attention to details

•Ability to build strong working relationships with partners internally and also externally with banks; verbal, and written communication skills

•Team player, proactive and solution oriented

•Strong capabilities in MS Excel

•Preferred: knowledge of cash management and treasury systems and/or accounting and/or financial analysis including use of AI technology

Education:

•Bachelor's degree - preferably master's degree in business administration, finance, accounting or economics

Languages:

•Fluent written and spoken English