Assistant Manager, Treasury

Job Description

Job Purpose

The Assistant Manager, Treasury is responsible for supporting the organization's treasury operations by managing daily cash flow, banking relationships, payment processes, liquidity, and financial risk. The role ensures sufficient funding for business operations while maintaining strong internal controls, compliance with company policies, and continuous process improvements.

Key Responsibilities

1. Cash Flow & Liquidity Management

• Prepare and monitor daily cash position reports.

• Manage daily funding requirements across multiple bank accounts and legal entities.

• Prepare weekly, monthly, and quarterly cash flow forecasts.

• Monitor cash inflows and outflows to ensure adequate liquidity.

• Optimize utilization of available cash and minimize idle balances.

2. Treasury Operations

• Manage daily treasury activities including fund transfers and intercompany funding.

• Review and monitor payment schedules based on cash availability.

• Ensure timely execution of payroll, supplier, tax, statutory, and loan payments.

• Coordinate with Accounts Payable, Accounts Receivable, and Business Units on payment planning.

• Monitor settlement activities and investigate unmatched transactions.

3. Banking Relationship Management

• Maintain relationships with banking partners.

• Coordinate bank account opening, closure, and maintenance.

• Manage internet banking administration, user access, and security controls.

• Coordinate updates to bank authorized signatories.

• Review bank charges and identify cost-saving opportunities.

4. Financial Risk Management

• Monitor foreign exchange exposures.

• Support execution of FX spot, forward, and hedging transactions.

• Monitor interest rates and recommend investment opportunities for surplus funds.

• Ensure treasury activities comply with Treasury Policy and Risk Management Framework.

5. Treasury Reporting

• Prepare treasury reports for management.

• Analyze cash flow trends and funding requirements.

• Prepare reports on: Daily cash position, Cash forecast variance, Banking facilities utilization , Foreign exchange exposure etc

6. Process Improvement

• Identify opportunities to automate treasury processes.

• Improve cash forecasting accuracy.

• Enhance payment and bank reconciliation processes.

• Participate in treasury system implementation and enhancements.

• Develop and maintain treasury SOPs.

7. Compliance & Governance

• Ensure compliance with internal controls and company policies.

• Maintain complete documentation for treasury transactions.

• Support internal and external audits.

• Ensure compliance with banking regulations and loan covenants.

8. Team Leadership

• Supervise treasury executives.

• Review work completed by team members.

• Provide coaching and technical guidance.

• Allocate daily responsibilities and monitor performance.

• Promote continuous learning and process improvements.

Qualifications

• Bachelor's Degree in Finance, Accounting, Banking, Economics, or a related discipline.

• Professional qualification (ACCA, CPA, CFA, or equivalent) is an advantage.

• 5–8 years of treasury, finance, or banking experience.

• Experience in a multinational corporation is advantage.

Technical Skills

• Cash flow forecasting

• Treasury management

• Banking operations

• Foreign exchange management

• Liquidity management

• Financial analysis

• ERP systems (Oracle, SAP, Microsoft Dynamics, etc.)

• Advanced Microsoft Excel

• Treasury Management Systems (TMS) experience is an advantage

Soft Skills

• Strong analytical and problem-solving skills

• Excellent attention to detail

• Good communication and stakeholder management

• Ability to work under pressure and meet deadlines

• Strong organizational and planning skills

• Leadership and coaching capability

• High level of integrity and professionalism