Treasury & Financial Control Team Lead

Rakuten Kobo Inc.; Singapore; On-site; SGD 150,000 - 210,000; Full time

Benefits offered by this job

Equal opportunity employer

Job summary

Rakuten Travel Xchange is seeking an experienced Treasury professional to lead cash operations, FX risk management, and budgeting for global activities. You will partner with senior leadership to forecast P&L, manage hedge programs, and optimise banking relationships across regions.

The role requires deep expertise in FX hedging, hedge accounting, and strong Excel/TMS capabilities. A proactive, data-driven communicator is essential in a fast-paced, global environment.

Qualifications

• Degree in Finance, Accounting, Economics, or related field.
• Professional qualifications (CFA/ACCA) are a plus.
• Minimum 5–7 years of experience in corporate treasury or finance.

Responsibilities

• Oversee daily and weekly cash operations and FX exposure positions.
• Review P&L forecasts and budget variance analyses for senior management.
• Lead FX hedge program and monitor hedge policy and effectiveness.
• Manage banking relationships and bank infrastructure projects including cash pooling.

Skills

FX hedging

Hedge accounting

Cash management

Banking relationships

P&L forecasting

Budget variance analysis

Analytical skills

Communication skills

Excel proficiency

Education

Degree in Finance, Accounting, Economics, or related field

Tools

ERP systems

Treasury Management Systems

Excel

Job description

Job Description:Rakuten Travel Xchange (https://solutions.travel.rakuten.com/about-us) is the accommodation wholesale and travel technology division within the Rakuten group. We distribute our global inventory and the directly negotiated rates of Rakuten Travel and Rakuten STAY. We enable our clients globally to send their guests anywhere in the world – all delivered through the latest scalable cutting-edge technology. This innovative platform serves as a pivotal bridge between travel suppliers and sellers, providing an extensive inventory of travel products such as flights and hotels. Rakuten Travel Xchange empowers both suppliers and sellers by offering an expansive global reach and enhancing revenue potential. It simplifies transactions, making it an efficient tool for businesses seeking to excel in the dynamic travel market.The incumbent will serve as a strategic partner to senior leadership, balancing precision in daily cash operations with sophisticated FX risk management and rigorous financial forecasting. This role is pivotal in ensuring the stability of our global financial infrastructure and providing the data-driven insights necessary to support Rakuten’s international growth.Responsibilities:Treasury & Cash ManagementOversee daily and weekly cash operations. Daily communication with banks. Review cash flow reports and make decisions on FX exposure positions (USD inflows / JPY outflows).Review weekly cash flow and bank balance reports prepared by PreciousManage USD receivable / JPY payable positions and determine FX conversion timingReview weekly payment runsAct as escalation point for bank inquiries, KYC, and VCC error resolutionDrive bank infrastructure projects such as SMBC account concentrationManagement Accounting & BudgetingReview P&L forecasts and budget variance analyses. Prepare management commentary for reporting and contribute to the annual budget cycle.Review weekly P&L forecasts and align assumptions with business unitsPrepare monthly budget variance analysis and present to managementEnsure accuracy of FX P&L details and verify proper reflection in financial reportsSupport annual budget preparation and rolling forecast updatesFX Hedge ManagementLead execution of the FX hedge program. Responsible for managing FX forward contracts with financial institutions, monitoring hedge effectiveness, and maintaining and updating the hedge policy.Execute FX forward contracts per hedge policyManage relationships and negotiations with FX/banking providersMonitor hedge effectiveness and monthly FX P&LRevise and maintain hedge policy in response to business changesReport FX risk positions to Finance Manager and senior managementRequirements:Degree in Finance, Accounting, Economics, or a related field. (Professional qualifications such as CFA, ACCA, or CTP/Certified Treasury Professional are a strong plus).Minimum 5–7 years of experience in Corporate Treasury or Finance , with a proven track record in managing cash operations and FX risk.Deep technical proficiency in FX hedging (specifically FX forward contracts), hedge accounting, and monitoring hedge effectiveness.Hands-on experience with bank infrastructure projects , including account concentration, cash pooling, and managing banking relationships (KYC/AML compliance).Strong analytical skills in Management Accounting , with proven experience in P&L forecasting, budget variance analysis, and preparing financial commentary for senior management.High-level proficiency in Excel and financial systems (e.g., ERP systems, Treasury Management Systems).Excellent communication skills with the ability to translate complex financial concepts into clear, actionable insights for non-finance stakeholders.Ability to work independently in a fast-paced, multicultural, and global business environment.Rakuten is an equal opportunities employer and welcomes applications regardless of sex, marital status, ethnic origin, sexual orientation, religious belief or age.