Treasury Analyst

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• Ensure sufficient liquidity is maintained by optimising cash balances.
• Ensure banking transactions such as receipts, payments, financing and investments are authorised and executed correctly and timely for operational needs.
• Ensure compliance with laws and regulations, internal procedures and banking terms and conditions
• Establish and maintain good relationship with banks and other financial institutions.
• Collaborate with Controllership and Financial Planning & Analysis teams on forecasts, annual budgets and strategic plans.
• To assist Treasurer in other day-to-day operations.

Duties and Responsibilities:

• Cash Management: Monitor daily cash balances and forecast cash flows in the short to medium term. Execute cash management activities including cash positioning, funding transfers, cash pooling, trade financing and short term investing.
• Treasury Operations: Execute payments in local and foreign currencies. Identify receipts and support Accounting Operations Accounts Receivable Section to match receipts. Hedge and execute foreign transactions. Invest excess funds in overnight/short term deposits. Administer and maintain e-banking and cash management systems.
• Banking Relationships: Maintain professional relationships with banks and financial institutions, including opening and closing of accounts, negotiating fees and resolving banking issues. Maintain bank account documentation, signatories and approval matrices. Maintain bank statements, letter of offers, trade facility agreements and other contractual agreements.
• Reporting and Analysis: Analyse variances between forecasts and actual cash flows in order to better understand drivers of cash inflows and improve forecasts. Prepare debt and interest accrual schedules, interest expense analysis, daily cash position, debt-equity ratio, gearing ratio and other treasury performance metrics for management review. Support Financial Planning & Analysis team on Annual Operating Plans and Strategic Plans.
• Debt Management: Monitor debt covenants to ensure compliance.
• Risk Management: Monitor and report on risk exposures, including market risks, interest rate risk, FX risk, credit risk and liquidity risk. Support implementation of risk management strategies including hedging and insurance.
• Compliance and Audit Support: Ensure compliance with approval matrix, company policies and regulatory requirements related to treasury operations. Provide support during internal and external audits, including preparing audit documentation and responding to audit queries.
• Systems and Processes: Utilise cash management system to perform treasury tasks efficiently and accurately. Assist in implementing and maintaining treasury management system. Identify opportunities for process improvements and automation.
• Cross-functional Collaboration: Collaborate with cross-functional teams, such as controllership, accounting operations, sales, procurement, operations, HR and IT, to gather information, resolve issues, and support business objectives. Provide financial expertise and guidance to non-treasury stakeholders as needed. Provide treasury insights and analysis to support decision-making and address stakeholders' inquiries and concerns.

Qualification & Experience:

• Minimum Degree in Finance/Accounting/Economics/Business Administration or related field.
• At least 2-3 years of working experience in treasury operations and cash management.
• Experience dealing with treasury operations including banking transactions, cash positioning, cash flow forecasts, trade finance products and short-term investing strategies. Exposure to TMS is a plus.

Knowledge & Skills:

• IT-savvy with financial software, treasury management systems and spreadsheet skills for financial modelling, scenario analysis, data analysis and reporting.
• Understanding of financial regulations and ability to develop financial risk mitigation strategies.
• Logical and critical thinking, strong analytical and problem solving skills with attention to details.
• Possess high level of integrity and commitment to complete tasks with sense of urgency.
• Good communication skills with the ability to build partnerships internally and externally.
• Independent, proactive and self-motivated to achieve personal and company goals.
• Strong organisational skills, ability to handle multiple tasks simultaneously and effective time management skills to meet deadlines.