Job Summary

The Treasury Specialist is responsible for managing the company's daily cash operations, ensuring adequate liquidity for trading and operational needs, optimizing the use of company funds, and mitigating financial risks. This role supports the financial health of the company by maintaining smooth and compliant treasury operations, particularly in the dynamic environment of commodity trading.

Key Responsibilities

1. Cash Management & Payment Operations

• Execute daily payments including vendor settlements, employee reimbursements, margin deposits, and other business-related disbursements.
• Monitor incoming payments from customers and ensure timely fund collection.
• Maintain accurate bank records and perform daily cash position reporting.
• Ensure compliance with internal approval workflows and financial policies.

2. Cash Flow Planning & Forecasting

• Assist in preparing daily/weekly/monthly cash flow forecasts based on trading and operational needs.
• Coordinate with trading, finance, and operations teams to anticipate fund requirements.
• Manage intercompany and inter-account fund transfers to ensure optimal liquidity.

3. Bank Account & Relationship Management

• Handle bank account openings, closures, and maintenance in coordination with financial institutions.
• Liaise with banks on day-to-day operations and assist with documentation related to credit lines, FX facilities, and other treasury products.
• Monitor bank charges and recommend cost-saving opportunities.

4. Treasury Risk Control & Compliance

• Monitor cash movements and flag any anomalies or potential risks.
• Support internal and external audits by providing required treasury documents and reconciliations.
• Assist in enforcing treasury controls to minimize operational and fraud risks.

5. Foreign Exchange & Financial Instruments

• Assist with FX conversions, forward contracts, and hedging strategies to manage currency exposure.
• Track FX rates and propose optimization strategies aligned with business needs.
• Coordinate with traders and finance teams on cross-border transactions.

6. Reporting & Analysis

• Prepare treasury-related reports including cash flow analysis, FX exposure summaries, and funding status.
• Support monthly/quarterly financial closing by providing bank balances, confirmations, and relevant data.
• Assist in budgeting and treasury planning.

7. System & Process Enhancement

• Participate in the implementation and maintenance of treasury-related systems (e.g., ERP, bank connectivity platforms).
• Continuously review and improve treasury workflows to enhance accuracy, compliance, and efficiency.

Qualifications & Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• At least 5 years of experience in treasury, preferably in commodity trading or related industries.
• Strong understanding of cash flow, foreign exchange, and banking operations.
• Proficiency in MS Excel; experience with ERP systems (e.g., SAP, Oracle, Netsuite) is a plus.
• Detail-oriented, analytical, and able to work in a fast-paced, deadline-driven environment.
• Strong communication and coordination skills.