Treasury Associate

Federated Hermes Limited; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A global investment management firm in Singapore is seeking a Treasury Associate. This entry-level role is designed for recent graduates or professionals with 1–2 years of experience in treasury operations and financial management. Responsibilities include cash management, banking operations, and financial controls, with room for process improvement initiatives. Ideal candidates should have a Bachelor's degree in Finance or related fields, strong analytical skills, and proficiency in Excel.

Qualifications

• Recent graduate or 1–2 years of relevant experience.
• Proficient in Excel and Word.
• Strong willingness to learn and develop.

Responsibilities

• Monitor daily cash positions and forecasts.
• Process and review payments accurately.
• Perform bank reconciliations across multiple entities.
• Ensure compliance with internal policies.
• Participate in treasury process improvement initiatives.

Skills

Attention to detail

Communication skills

Analytical mindset

Excel proficiency

Teamwork

Education

Bachelor’s degree in Accounting, Finance, or related field

Job description

Job title

Treasury Associate

Location

Singapore

About Federated Hermes

Federated Hermes, Inc. is a global leader in active, responsible investment management, with $871.2B in assets under management, as of October, 31st, 2025. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed‑income, alternative/private markets, multi‑asset, and liquidity management strategies to more than 11,000 institutions and intermediaries worldwide.

Our clients include corporations, government entities, insurance companies, foundations and endowments, banks, and broker/dealers. Headquartered in Pittsburgh, Federated Hermes has more than 2,000 employees in London, New York and offices worldwide. For more information, visit FederatedHermes.com

Main Function of the role

This entry-level role is designed for recent graduates or early-career professionals (1–2 years of relevant experience) seeking to build strong foundational skills in treasury operations and financial management within a global finance team. The Treasury Associate will support daily cash and liquidity management, banking operations, and financial controls, while gaining exposure to broader finance processes and projects.

The role involves adherence to internal controls, SOX requirements, and regulatory standards. The role also encourages continuous learning and active participation in process improvement initiatives. Support for professional qualifications (e.g. ACCA – Association of Chartered Certified Accountants) may be available for the right candidate demonstrating commitment and aptitude. You will also gain exposure to treasury systems and finance automation tools, contributing to innovation and digital transformation within the team.

Key task and responsibilities

Cash & Liquidity Management

• Monitor daily cash positions and assist in preparing cash flow forecasts.
• Support liquidity management to ensure compliance with internal limits.

Banking Operations

• Process and review payments, ensuring accuracy and adherence to controls.
• Maintain and update bank mandates, standing instructions, and account documentation.

Reconciliations & Reporting

• Perform daily and monthly bank reconciliations, including posting journals, across multiple entities and currencies.
• Investigate and resolve unidentified transactions promptly.

Financial Controls & Compliance

• Ensure compliance with internal policies, client money rules, and regulatory requirements.
• Support SOX control documentation, testing, and evidence gathering.
• Assist with internal and external audits for treasury-related processes.

Projects & Process Improvement

• Participate in initiatives to enhance treasury processes and automation.
• Contribute ideas for improving efficiency, accuracy, and control within treasury operations.
• Collaborate with finance teams on system enhancements and continuous improvement projects.

Minimum Experience Required

• Bachelor’s degree in Accounting, Finance, or a related field (recent graduate or 1–2 years of relevant experience)
• Strong attention to detail and interest in process improvement and compliance.
• Excellent communication skills and a proactive, analytical mindset
• Previous experience in journal posting is preferred, and a strong willingness to learn and develop in this area will also be highly valued.

Candidate Profile

• Must be proficient on Excel and Word
• Numerate
• Deadline‑focused and reliable
• Accurate with high attention to detail
• Able to work calmly and accurately under pressure
• Able to work effectively in a team environment
• Able to quickly assimilate new information/requirements
• Organised and methodical in approach to work, with the ability to prioritise effectively
• Sound communication skills (written and oral) with the confidence to deal with the investment team and suppliers
• Good interpersonal skills and a high degree of self‑motivation
• Familiarity with Microsoft Excel; ERP experience is a plus
• Understanding of need for financial control environment and adherence to procedures

Diversity, Inclusion and Flexible Working

We believe in genuine opportunity, fairness, and respect for all applicants and aim to ensure that no current or prospective employee is subject to discrimination or treated less favourably on the basis of their disability, gender identity or expression, race, ethnicity, religion or belief, marriage or civil partnership, pregnancy and maternity, age, sex, or sexual orientation, or disability.

We understand that applicants may have different needs and expectations related to their working arrangements and are committed to a discussion on flexible working. Please raise these with your Recruitment contact to discuss what type of arrangements can work for you and the role for which you are applying.

We welcome applications from all eligible candidates, and we particularly encourage applications from qualified candidates who identify as women and/or are from a Black, Asian and Minority Ethnic background, as these groups are underrepresented throughout the financial services sector.

We are a Disability Confident Employer and participate in the “Offer of Interview” scheme, intended to actively encourage applications from people with a disability or long‑term condition and offer an interview to those who meet the minimum criteria set out in this job description. You will need to let us know if you would like to opt in to this scheme by contacting Jessica Sheehan at [e-mail] or [phone]. You do not need to share details of your disability or long‑term condition.

If you would benefit from alternative methods of applying or for workplace adjustments during the recruitment process, please also let us know by contacting Jessica Sheehan at [e-mail] or [phone] to discuss the support you need.