Treasury Manager

Treasury managers are in charge of overseeing financial transactions for their organization. In addition, they are responsible for reporting accounts activities. These managers must ensure proper auditing procedures and cash reconciliation, update money totals, and give variance reporting to executive in their organization. They also review regular cash forecasts, and provide financial analysis to their organization, take a lead position when dealing with pricing contracts, and follow departmental privacy procedures. At all times, treasury managers must strive to uphold current treasury standards and security policies.

These managers typically work in an office environment with other financial professionals. In this setting, they manage bank relationships, obtain contracts that benefit their company, review/approve electronic transfers, and train other personnel on how to handle financial data. They also initiate financial transactions and follow specific protocols to ensure customer satisfaction. Most of the time, treasury managers recommend cash management process modifications and work to implement new, more efficient managing techniques.

Successful treasury managers are able to adapt to changes quickly, handle confidential data with care, and have the management skills to lead a group of financial experts. They must possess excellent verbal and written communications abilities, work well with other managers, and provide information to other departments within their organization. Treasury managers should be highly organized and results-oriented.

A bachelor's degree in finance, business, or a related field is needed for this position. Previous experience in a similar position is generally preferred.

As a Treasury Manager with 0-3 years of experience in Singapore, your main responsibilities include:

• Analyzing cash flows, monitoring liquidity, and forecasting short-term cash needs. You will analyze the company's cash flows, monitor liquidity levels, and forecast short-term cash requirements to ensure the organization has enough funds to meet its obligations.
• Managing bank relationships and transactions. You will establish and maintain relationships with banks, oversee banking transactions, such as wire transfers and cash management, and negotiate favorable terms for financial services.
• Assisting in the development of risk management strategies. You will support in developing and implementing risk management strategies, including identifying and mitigating financial risks, such as foreign exchange and interest rate risks.
• Monitoring and reporting on key financial metrics.

For a Treasury Manager job role, the following qualifications are required:

• Extensive financial knowledge and expertise in treasury operations, including cash management, risk management, and investment strategies.
• Strong analytical skills to assess financial data, identify potential risks, and make informed decisions to optimize cash flow and minimize financial exposure.
• Excellent communication and interpersonal skills to build relationships with banks, financial institutions, and internal stakeholders, negotiating favorable terms and ensuring compliance with regulatory requirements.
• Leadership abilities to oversee and motivate a team, set strategic objectives, and drive continuous improvement in treasury processes for enhanced efficiency and effectiveness.

The role of Treasury Manager is crucial for effective financial management and risk mitigation. With 0-3 years of work experience in Singapore, individuals seeking alternative roles can consider the following options:

• Financial Analyst: Engage in monitoring financial performance, forecasting, and providing strategic insights to support decision-making.
• Cash Management Analyst: Focus on managing cash inflows and outflows, optimizing liquidity, and minimizing financial risk.
• Junior Risk Manager: Specialize in identifying and assessing financial risks, implementing risk mitigation strategies, and ensuring regulatory compliance.
• Investment Analyst: Analyze market trends, evaluate investment opportunities, and make recommendations to optimize returns on investment.

The Treasury Manager role in Singapore is expected to witness significant growth in the market. Over the past decade, the job role has demonstrated a consistent upward trend, indicating a positive future trajectory. The demand for skilled Treasury Managers is anticipated to increase due to the globalization of businesses and the growing importance of risk management and financial planning. With Singapore being a global financial hub, numerous employment opportunities are expected to emerge in this field in the coming years. These opportunities will be driven by the expanding presence of multinational corporations and the need for professionals to manage complex financial operations efficiently.