Job Summary
The Treasury Senior Accountant is responsible for managing the company's daily treasury operations, cash flow, banking relationships, payments, and financial transactions. The role ensures sufficient liquidity to support business operations, optimizes cash management, maintains compliance with financial policies, and supports strategic treasury planning.
Key Responsibilities
Treasury Operations
- Manage daily cash flow and liquidity to ensure sufficient funds for operational requirements.
- Prepare daily, weekly, and monthly cash position reports.
- Monitor cash inflows and outflows across all company bank accounts.
- Forecast short-term and long-term cash requirements.
- Execute local and international bank transfers and payment transactions.
- Process payroll funding and supplier payments according to approved schedules.
- Ensure timely settlement of financial obligations.
Banking & Financial Management
- Maintain relationships with banks and financial institutions.
- Handle bank account openings, closures, and updates.
- Prepare bank documentation, KYC requirements, and authorized signatory updates.
- Monitor banking facilities, credit limits, and financing arrangements.
- Negotiate banking services and transaction fees when required.
Reconciliation & Reporting
- Perform daily and monthly bank reconciliations.
- Investigate and resolve bank discrepancies.
- Prepare treasury reports for management.
- Reconcile treasury transactions with the General Ledger.
- Maintain accurate treasury records and documentation.
Financial Controls & Compliance
- Ensure compliance with company financial policies and internal controls.
- Support internal and external audits by providing treasury documentation.
- Monitor compliance with banking regulations and corporate governance requirements.
- Ensure proper authorization of all treasury transactions.
Foreign Exchange & Investments
- Monitor foreign currency balances and exchange rate fluctuations.
- Support foreign currency transactions and hedging activities when applicable.
- Assist in managing short-term investments and cash optimization initiatives.
ERP & Process Improvement
- Record treasury transactions accurately within the ERP system.
- Support treasury automation and process improvement initiatives.
- Identify opportunities to improve cash management efficiency.
Qualifications
- Bachelor's degree in Accounting, Finance, Economics, or a related field.
- Professional certifications such as CMA, CPA, ACCA, CFA, or CTP are considered an advantage.
Experience
- 5–8 years of treasury or finance experience.
- Minimum 2 years in a senior treasury or senior accounting role.
- Experience in banking, manufacturing, FMCG, retail, pharmaceutical, or multinational organizations is preferred.
