Assistant Manager, Treasury

Far East Organization; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading real estate group in Singapore is seeking a Treasury Manager to assist in managing the cash position and liquidity planning, preparing cash flow forecasts, and implementing Treasury policies. The ideal candidate will have at least 5 years of experience in cash and capital management, a degree in Accountancy or Finance, and strong analytical as well as communication skills. Proficiency in Microsoft Office and knowledge of Treasury Management Systems are essential. This role offers a chance to contribute significantly to the organization's financial operations.

Qualifications

• Minimum 5 years of relevant experience in cash and capital management.
• Prior experience with Treasury Management System is required.

Responsibilities

• Assist in monitoring and managing the Group's cash position.
• Prepare regular cash flow forecasts and reports.
• Support in administering the Group's Treasury Management System.

Skills

Detail-oriented

Independent

Analytical

Problem solving skills

Strong communication

Organisational skills

Time management skills

Microsoft Office proficiency

Education

Degree in Accountancy, Finance or equivalent

Tools

Treasury Management System

Bloomberg knowledge

Job description

Company description

Far East Organization, together with its Hong Kong-based sister company Sino Group, is one of Asia's largest real estate groups. The group has publicly-listed as well as private development and investment companies under its umbrella and operates in Singapore, Malaysia, Hong Kong, China, Taiwan, Australia, Japan, and Hawaii.

Far East Organization operates as a Christian enterprise which seeks to be a community of love and a workplace of grace doing business guided by the eternal truths of Jesus Christ.

Far East Organization is the largest private property developer in Singapore. Since its establishment in 1960 by the late Mr Ng Teng Fong, Far East Organization has been contributing to the transformation of Singapore's urban landscape, having built over 780 developments including 55,000 private homes. It is also the city-state's largest private residential landlord and operates one of the largest hospitality portfolios in Singapore. A one-stop real estate emporium, Far East Organization has development and investment interests across diverse sectors covering mixed-use, residential, hotels, serviced residences, retail, office, self-storage, healthcare and industrial developments.

Far East Organization includes three listed entities: Far East Orchard Limited, a hospitality and property group, Far East Hospitality Trust which consists of Far East Hospitality Real Estate Investment Trust and Far East Hospitality Business Trust, and Yeo Hiap Seng Limited, a 121-year-old industry pioneer of processed food and beverage products in Southeast Asia.

Far East Organization is the winner of 13 FIABCI World Prix d'Excellence awards, the highest honour in international real estate. The Organization was conferred the Best Organisation for Championing Human Capital by Singapore Human Resources Institute (SHRI) in 2021. Far East Organization ranks among the top 50 Singapore's Best Employers 2022 by The Straits Times - Statista.

Job description

Responsibilities

• Assist in the monitoring and management of the Group's cash position, liquidity planning and deployment of surplus funds.
• Manage the Group's bank accounts.
• Collaborate with Tax Department on the repatriation of excess cash from overseas investments.
• Prepare regular cash flow forecasts and reports for Management.
• Support the Team Lead and Head of Treasury in the capital management for new projects and investments.
• Develop, review and update Treasury policies, processes and controls relating to cash and capital management.
• Support in administering, troubleshooting and implementing enhancements for the Group's Treasury Management System
• Implement approved hedging plans to minimise the foreign currency exposure.
• Keep abreast of the forex market movements and perform research/analysis on economic and market trends/outlook.

Requirements

• Degree in Accountancy, Finance or equivalent qualification.
• Minimum 5 years of relevant experience in cash and capital management.
• Detail-oriented, independent and analytical with good problem solving skills.
• Strong communication, organisational and time management skills.
• Proficient in Microsoft Office.
• Prior experience with Treasury Management System is required.
• Knowledge of Bloomberg will be advantageous.