Associate - Treasury

aku; Pakistan; On-site; PKR 900,000 - 1,300,000; Full time

Job summary

Aga Khan University in Karachi seeks an Associate - Treasury to manage funds, coordinate with banks, and streamline treasury operations. The role focuses on payroll funding, vendor payments, and cash management to ensure timely and compliant financial processes.

The candidate should have a Finance/Accounting background with 2+ years in treasury or banking, strong Excel skills, and the ability to work under pressure to meet deadlines.

Qualifications

• Bachelor's or Masters in Finance/Accounting preferred; 2+ years in treasury/banking.
• Strong banking processes knowledge and treasury operations.
• Proficient in MS Office, especially Excel with advanced skills.

Responsibilities

• Arrange funds for payroll, vendor payments, and ops needs.
• Process vendor payments within defined KPIs and timelines.
• Manage funds to optimize returns and liquidity.
• Prepare documentation for banking operations and LC management.
• Coordinate account openings/closures and signatory updates with banks.
• Ensure compliance with internal and external banking requirements.
• Prepare and process Letters of Credit and monitor FCY payments.
• Support cash flow forecasting and month-end close activities.

Skills

MS Office

Excel (Advanced)

Treasury operations

Education

Bachelor's degree in Finance/Accounting

Master's degree in progress

Job description

Associate - Treasury

Entity: Aga Khan University

Location: Karachi

Introduction to the Aga Khan University:

Chartered in 1983, it is a private, autonomous and self-governing international university with 13 teaching sites in 6 countries distributed across three continents. As an integral part of the Aga Khan Development Network, AKU provides higher education in several disciplines, carries out research pertinent to the countries in which it exists and has campuses, programmes and/or teaching hospitals in Afghanistan, Kenya, Pakistan, Tanzania, Uganda and the UK. As an international institution, AKU operates on the core principles of quality, relevance, impact and access; and AKU is a model of academic excellence and an agent of social change.

As an equal opportunity employer, AKU believes in promoting a diverse and inclusive culture and is committed to adopt appropriate standards for safeguarding and promoting a respectful relationship with and between diverse workforce of its faculty, staff, trainees, volunteers, beneficiaries, wider communities, and other stakeholders with whom it works, including children and vulnerable adults and expects all employees/trainees and partners to share this commitment.

Responsibilities:

Reporting to the Assistant Manager, Treasury, you will be responsible for ensuring compliance with banking requirements, efficient funds management, timely payment processing, and coordination with banks for fund movements and account management.

Key Responsibilities:

• Arrange funds for payroll, vendor payments, and other operational needs.
• Process vendor payments within defined KPIs and ensure timely execution.
• Manage funds efficiently to optimize returns.
• Prepare and maintain documentation for banking operations.
• Coordinate with banks for account openings, closures, and signatory updates (additions, deletions, or amendments).
• Ensure compliance with internal and external banking requirements.
• Prepare and process Letters of Credit (opening, amendment, retirement, endorsement).
• Manage foreign currency (FCY) inward remittances and payments.
• Coordinate inter-entity fund transfers and ensure timely availability of funds.
• Prepare and submit foreign currency payment requests to banks and obtain relevant advices.
• Prepare monthly cash flow projections and assist in month-end closing activities.
• Support in monitoring and ensuring adherence to treasury-related policies and procedures.
• Perform any other tasks as assigned by the supervisor.

Requirements:

You should have:

• a Bachelors (16 years of education)/ Masters in progress. Master would be preferred
• a minimum 2 years of related experience in Treasury or Banking related function
• strong understanding of banking processes, financial systems, and treasury operations
• proficiency in MS Office with advanced skills in Microsoft Excel
• proficiency in use of computer packages specially MS Office
• the ability to work under pressure and meet deadlines

Comprehensive employment reference checks will be conducted.