Treasury Manager

Aspire is the leading all-in-one finance operating system for growing businesses in APAC. We are on a mission to reinvent business finance for a new generation of entrepreneurs and business owners, empowering startups and MSMEs to realize their full potential.

Founded in 2018, Aspire has raised over USD 300M+ across equity and debt from world-class investors. In 2023, we successfully closed an oversubscribed USD 100 million Series C equity round led by Sequoia Capital and Lightspeed Ventures with participation from Tencent, Paypal Ventures, LGT Capital Partners, Picus Capital, and MassMutual Ventures. To power our solutions, we have partnered with some of the best companies in the world such as Visa and Wise and helped more than 50,000 businesses using our suite of products.

For 2 consecutive years in 2022 & 2023, Aspire has been awarded Best Employer of the Year and Startup of the Year by Asia FinTech Awards, and also LinkedIn’s Top Startup in Singapore. In 2023, we also made it to CB Insights’ Top 100 Global Fintech List.

You will be amazed by the energy and experience of our team! Aspire serves as an environment for you to innovate and drive change with our team of ex-entrepreneurs, ex-founders, and high-achievers with international and diverse backgrounds.

About the Team:

At Aspire, Finance plays a strategic role in driving our business forward. Our Finance team consists of a wide range of crucial functions across 5 verticals: (i) Financial Controlling, (ii) Treasury, (iii) Data, (iv) Strategy & Planning, and (v) Credit Risk. Our Finance team engages in frequent strategic data analysis, research, and modeling to provide the best financial insights for critical business decisions, helping Aspire navigate the competitive landscape and capitalize on emerging opportunities.

About the Role

The Treasury Manager will play a crucial role in the management of the company's global treasury operations. This position will be responsible for optimizing liquidity, managing foreign exchange risk, overseeing banking relationships, and ensuring efficient cash management across all entities. The ideal candidate will have a strong understanding of treasury principles, excellent analytical skills, and the ability to work independently in a fast-paced environment.

Responsibilities include but are not limited to:

Cash Management:

• Develop and implement global cash management strategies to optimize liquidity and minimize idle cash.
• Manage daily cash positioning, forecasting short-term cash flows, and ensuring sufficient funds are available to meet operational needs.
• Oversee bank account administration, including opening, closing, and maintaining accounts.
• Implement and maintain efficient cash concentration and disbursement processes.
• Manage intercompany funding and loan arrangements.
• Identify and assess foreign exchange exposures.
• Develop and execute hedging strategies to mitigate FX risk.
• Monitor FX rates and market trends.
• Analyze the impact of FX fluctuations on the company's financial performance.

Banking Relationships:

• Manage relationships with global banking partners.
• Negotiate banking fees and services.
• Stay informed about new banking products and services.

Treasury Operations:

• Ensure compliance with internal controls and treasury policies.
• Implement and maintain treasury management systems.
• Prepare regular treasury reports and analysis for management.
• Participate in treasury-related projects and initiatives.

Other:

• Assist with the development and implementation of treasury policies and procedures.
• Support the Head of Treasury in other treasury-related tasks as assigned.

Minimum Qualifications:

• Bachelor's Degree or equivalent, with more than 6 years of working experience and at least 3 years in a Treasury position, preferably in the fintech or financial services industry.
• Strong understanding of liquidity/capital regulations and risk management frameworks.
• Good experience in implementing FX hedging strategies, managing debt instruments, and optimizing intercompany funds flow. Working knowledge of IFRS relevant to treasury (e.g., hedging, FX).
• Solid understanding of global financial markets, products, and key treasury concepts.

Preferred Qualifications:

• CTP (Certified Treasury Professional) or similar certification is a plus.
• You feel passionate about Tech and Start-ups, as well as implementing your skills and knowledge in the creation and improvement of controls framework and internal processes.
• Strong problem-solving skills; you will be able to break down complex issues into their component parts, identifying the root cause and creating elegant solutions. You are a self-starter and can organize your own work.
• You are detail-oriented, with the ability to deliver and communicate complex areas on time and succinctly. You can work with multiple teams within and outside of finance as well as internationally on projects or ad hoc requests as required, with flexibility and a can-do attitude.

What we offer:

• Uncapped flexible annual leave.
• Training subsidy for your professional growth.
• Wellness benefit.
• Team bonding budget to foster collaboration and a sense of belonging.
• Flexibility to work from anywhere (for up to 90 days per annum).
• Culture is Key: We always strive to cultivate a special culture that brings special talents together.

Equal Opportunity Statement:

Aspire is an equal opportunity employer and is committed to providing equal employment opportunities to all qualified individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected characteristic as outlined by applicable laws.