Join our esteemed international commodity trading house, where innovation and dedication converge to drive our success in global markets. We are currently seeking a proficient Treasury Specialist to join our finance team and ensure the efficient handling of cash and foreign exchange operations.
Job Description:
As a Treasury Specialist, you will be responsible for overseeing all aspects of cash management and foreign exchange transactions. Your role will involve maintaining accurate cash records, preparing cash budgets, optimizing cash flows, and managing foreign currency exposure to support our business activities.
Key Responsibilities:
- Cash Budgeting: Develop and maintain cash budgets to accurately forecast cash needs and ensure adequate liquidity for operational requirements.
- Cash Flow Analysis: Monitor cash flows on a daily basis, identifying trends and variances to ensure timely and efficient cash management.
- Cash Position Reporting: Prepare regular reports on cash positions, including forecasts and actuals, to provide insights into cash utilization and performance.
- Cash Operations: Handle day-to-day cash transactions, including payments, receipts, and bank reconciliations, ensuring accuracy and compliance with internal policies and procedures.
- FX Transactions: Execute foreign exchange transactions to manage currency risk, minimize exposure, and optimize FX trading opportunities.
- FX Risk Management: Assess and mitigate foreign exchange risks, including exchange rate fluctuations and currency volatility, to safeguard the company's financial interests.
- FX Reporting: Prepare reports on FX transactions, exposure, and hedging strategies to provide insights into FX performance and risk management activities.
- Bank Relationship Management: Cultivate strong relationships with banks and financial institutions to facilitate cash and FX management activities and negotiate favorable terms and conditions.
Requirements:
- Bachelor's degree in Finance, Accounting, or related field.
- 3-5 years of experience in cash management, FX trading, or treasury operations.
- Strong analytical and problem-solving skills, with proficiency in financial modeling and analysis.
- Excellent communication and interpersonal abilities, with the capacity to collaborate effectively across teams.
- Advanced knowledge of cash management principles, FX trading strategies, and risk management techniques.
- Familiarity with cash management systems, FX trading platforms, and treasury management software.
