Assistant Manager, Treasury

Far East Organization; Singapore; On-site; SGD 120,000 - 180,000; Full time

Benefits offered by this job

Birthday leave

Care leave

Flexible benefits

Staff hotel rates

Staff dining rebates

Job summary

Far East Organization is seeking a seasoned Treasury Manager to oversee cash and capital management across a diverse real estate portfolio in Singapore. You will monitor cash positions, manage bank relationships, and coordinate with tax on overseas repatriation while supporting capex for new projects.

The role requires a degree in accounting/finance and at least five years of relevant experience, with strong analytical and communication skills.

Qualifications

• 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.

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.

Skills

Detail-oriented

Independent

Analytical

Problem solving

Strong communication

Organisational skills

Time management

Education

Degree in Accountancy, Finance or equivalent qualification

Tools

Treasury Management System

Bloomberg

Microsoft Office

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

About Us

Far East Organization is a Christian Enterprise, which develops real estate and operates businesses by serving with grace, love, integrity and honesty. Together with its Hong Kong-based sister company Sino Group, they are one of Asia's largest real estate groups, with operations in Singapore, Malaysia, Australia, Japan, China (Mainland and Hong Kong) and USA. Far East Organization is the largest private property developer in Singapore, having developed over 780 developments across all segments of real estate including 55,000 private homes in Singapore since its establishment in 1960. Far East Organization includes three listed entities: Far East Orchard Limited, Far East Hospitality Trust and Yeo Hiap Seng Limited.

Far East Organization is the winner of 14 FIABCI World Prix d'Excellence awards, the highest honour in international real estate. In 2022, Far East Organization is listed as top 50 of The Straits Time's Singapore Best Employers Study. We believe in taking care of the total well-being of our people as they grow with us. We nurture a community where talent is developed and recognised, innovative ideas are encouraged, and achievements celebrated. Our health and well-being benefits provide physical, mental and spiritual support to our people and their families. In addition to annual leave, performance bonus, medical and insurance coverage, you can anticipate the provision of birthday leave, birthday benefits, care leave, flexible benefits, staff rebates at F&B outlets, and special rates at our hotels, both locally and overseas. We empower you in your engagement with the wider community by providing varied activities to experience different opportunities to serve and contribute to the community.

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.