
Chief Financial Process Specialist
6 hours ago
Job Title: Financial Operations Assistant
About the RoleWe are seeking a highly skilled and experienced Financial Operations Assistant to support our Treasury Head in managing treasury operations. The successful candidate will be responsible for assisting in cash flow management, banking and credit/debt arrangements, investments/wealth management, Forex hedging, CMS process, providing business solutions for customer/vendor financing, as well as O2C and P2P process improvements.
The role involves:
- Assisting in cash management, banking operations, and forex risk mitigation including hedging.
- Managing relationships with all financial institutions, liaising with bankers and wealth advisors.
- Supporting in setting up/updating internal policies, controls, and procedures to enhance internal processes and drive operational efficiency.
- Preparing and monitoring company cash forecasts and cash flows. Managing day-to-day banking, daily/monthly cash flow, and other reporting, coordination for balance confirmation.
- Being responsible for all audits, including statutory, internal, and special audits.
- Coordinating with wealth management teams of banks and financial institutions to maximize returns on investments within guidelines signed off by the Board.
- Minimizing currency risk/forex exposure by timely securing hedges, setting up inter-company cross-currency exchange, and ensuring accurate reporting.
- Supporting in risk management and insuring and covering all risks, including forex, fixed assets, cash, inventory.
- Negotiating and evaluating limits, ODs, loans, debt structures, and investments with bankers.
- Evaluating, developing, and implementing cash management and other systems to optimize efficiency and cost.
- Driving digitization and implementing innovative solutions across the O2C and P2P process. Staying updated on fintech and market developments.
- Treasury Knowledge: Understanding and hands-on working experience of treasury function including cashflow management, various financial instruments, risk management process, forex management, liquidity, investment/wealth management, etc.
- Financial Knowledge:
- Strong understanding of banking setup and processes, financial markets, forex, treasury risks, financial instruments, debt instruments, etc.
- Sound understanding of accounting principles.
- Stakeholder Management:
- Banking/insurance relationships and understanding of covenants.
- Ability to work autonomously and be part of the broader team.
- Strong client relationship management and customer service skills.
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