Treasury Assistant

Position Overview

The Treasury Assistant supports the Group Treasury function in managing daily cash operations, bank relationships, multi-currency liquidity, intercompany funding, and treasury compliance across multiple jurisdictions. This role is critical in ensuring efficient cash management, FX risk monitoring, payment governance, and working capital optimization across global operations.

Key Responsibilities

· Prepare daily global cash position reports (multi-currency: USD, EUR, SGD, GBP, AUD, RMB, etc.).

· Monitor bank balances across Singapore HQ and overseas subsidiaries.

· Process and validate payment runs (vendor payments, payroll funding, tax payments, intercompany settlements).

· Liaise with banks (DBS, HSBC, Citibank, etc.) for operational matters.

· Maintain bank mandate records and e-banking user access controls.

· Ensure compliance with Group payment approval matrix and segregation of duties (SoD).

· Prepare supporting documentation for high-value or cross-border payments.

· Maintain payment logs and audit trail documentation.

· Support periodic bank reconciliation review process.

· Assist in intercompany loan documentation and tracking.

· Prepare intercompany interest computation schedules.

· Monitor repayment schedules and loan covenant compliance.

· Support capital injection and dividend payment documentation.

· Track foreign exchange exposures from Amazon / e-commerce settlements.

· Assist in FX conversion execution under guidance of Group Treasurer.

· Prepare FX gain/loss monitoring schedules.

· Support hedging documentation where applicable.

· Assist in short-term cash flow forecasting (weekly & monthly rolling forecast).

· Track AR settlement cycles (Amazon, distributors, B2B customers).

· Support monitoring of DSO, DPO, inventory cash cycle metrics.

· Prepare treasury dashboards for management review.

· Support opening/closing of bank accounts globally.

· Prepare KYC documents for banks and financial institutions.

· Maintain updated corporate documents for banking purposes.

· Assist in compliance with MAS, ACRA, and international banking requirements.

· Maintain treasury schedules in Excel and/or Power BI.

· Support integration between ERP (e.g., Oracle NetSuite) and banking platforms.

· Assist in month-end treasury reporting.

· Support audit requests relating to cash and bank balances.

Qualifications

Education:

· Diploma or Degree in Accounting, Finance, Banking, or related field.

· ACT / CTP (Certified Treasury Professional) qualification is an advantage.

· CPA / ACCA candidate status is a plus.

Experience Requirements

· 1–3 years of experience in treasury, corporate finance, or banking operations.

· Experience in multi-currency cash management preferred.

· Experience in Singapore corporate environment preferred.

· Exposure to cross-border payments and intercompany transactions is advantageous.

· Experience with ERP systems (Oracle NetSuite preferred).

Technical Skills

· Strong Excel skills (pivot tables, cash forecast modeling).

· Familiar with e-banking platforms (DBS IDEAL, HSBCnet, etc.).

· Basic understanding of FX transactions.

· Knowledge of Singapore banking practices.

· Familiarity with payment controls and segregation of duties.

Competencies

· High attention to detail.

· Strong integrity and confidentiality awareness.

· Organized and structured working style.

· Ability to handle time-sensitive transactions.

· Good communication skills for dealing with banks and overseas subsidiaries.