Treasury Operation Lead

Amartha; Jakarta Pusat; On-site; IDR 600,000,000 - 900,000,000; Full time

Job summary

Amartha is seeking a Treasury Operation Lead to manage daily cash movement, payments, settlements, and bank transactions across multiple entities. The role emphasizes maintaining liquidity, controlling risks, and upholding rigorous operational standards.

You will collaborate with Accounting, Business, and related teams to resolve treasury issues and drive automation, especially for Payment Business (Poket) transactions, while ensuring compliance with internal controls and regulatory requirements.

Qualifications

• Minimum 7 years of experience in Treasury Operations, preferably fintech, payments or financial services.
• Strong knowledge of treasury operations and liquidity management.
• Robust control, risk management, and documentation discipline.
• Experience driving automation and process improvements, especially in Payment Business transactions.

Responsibilities

• Lead daily Treasury Operations including cash positioning, fund transfers, payments, settlements, and bank transactions across multiple entities.
• Monitor daily liquidity and ensure sufficient funds to support business needs.
• Ensure treasury transactions are executed accurately, completely, and within SLA.
• Oversee bank and treasury reconciliations and resolve outstanding items promptly.
• Maintain strong controls: maker-checker, documentation, and transaction traceability.
• Coordinate with Accounting, Business, and other teams to resolve treasury issues.
• Identify process gaps and drive automation and system enhancements in treasury workflows.
• Maintain treasury SOPs, controls, and regulatory documentation.

Skills

Treasury operations

Liquidity management

Risk management

Automation & process improvement

Job description

Amartha is a technology company focused on creating shared prosperity by developing digital financial solutions for the grassroots economy. Founded in 2010 as a microfinance institution, Amartha connects rural, women-led micro-enterprises with affordable capital. Amartha is expanding as a tech company, building a microfinance ecosystem that connects to the growing digital economy through capital, investment, and payment services. By boosting the competitiveness of micro and small entrepreneurs, Amartha empowers women-led MSMEs, creates jobs, and fosters inclusive economic growth.

About The Role

The Treasury Operation Lead oversees daily cash movement, payment and settlement processes, bank and treasury reconciliation, liquidity monitoring, and operational controls across multiple entities. This role is critical to ensure transactions are executed accurately and on time, while maintaining proper controls and minimizing operational and liquidity risks.

Leaving this position vacant would increase dependency on existing team members, weaken operational oversight, and create higher risks of delayed transactions, reconciliation backlogs, and control gaps.

Responsibilities

• Lead daily Treasury Operations, including cash positioning, fund transfers, payments, settlements, and bank transactions across multiple entities
• Monitor daily liquidity and ensure sufficient fund is available to support business and operational requirements
• Ensure treasury transactions are executed accurately, completely, and within the agreed SLA
• Oversee bank and treasury reconciliations and ensure outstanding items are identified, investigated, and resolved in a timely manner
• Maintain strong operational controls, including proper authorization, maker-checker processes, supporting documentation, and transaction traceability
• Coordinate closely with Accounting, Business, and other relevant teams to resolve treasury-related operational issues
• Identify process gaps and drive improvements through automation, system enhancement, and simplification of manual processes specially in Payment Business (Poket) Transactions
• Maintain treasury SOPs, controls, and documentation to support internal control, audit and regulatory requirements.

• Minimum 7 years of experience in Treasury Operations, preferably within fintech, payment, banking, or financial services, with exposure to managing transactions across multiple entities.
• Strong knowledge of treasury operations and liquidity management, including cash positioning, fund transfers, payments, settlements, bank transactions, and bank/treasury reconciliation.
• Strong operational control and risk management skills, with experience in maker-checker processes, transaction authorization, documentation, SLA management, audit readiness, and regulatory compliance.
• Strong problem-solving and process improvement capabilities, with the ability to collaborate cross-functionally and drive automation, system enhancements, and process simplification, particularly for Payment Business (Poket) transactions.

At Amartha, we are dedicated to creating a workplace that celebrates diversity, ensures equity, and fosters inclusion. We believe that diverse perspectives—shaped by factors such as gender, age, race, ethnicity, education, culture, and life experiences—drive innovation and growth.

We actively welcome individuals from all backgrounds to join us in building an environment where everyone feels respected, valued, and empowered. Our commitment is to provide equal opportunities and foster a sense of belonging that enables our employees to thrive and make meaningfulcontributions.