Treasury Specialist

IDS MEDICAL SYSTEMS (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

IDS Medical Systems (Singapore) PTE. LTD. is seeking a Treasury professional to assist in overseeing Group and Singapore treasury functions, including cash management, debt management, and inter-company loans.

The role involves monitoring banking signing mandates, maintaining bank accounts, and negotiating fees with financial partners. You will support daily treasury activities, prepare management reports, and implement process improvements to enhance efficiency.

Qualifications

• Diploma or Bachelor’s Degree in Finance, Accounting, Banking, Economics, Business Administration, or a related discipline.
• Proficient in Microsoft Excel.
• Strong analytical, numerical and problem-solving skills, with excellent attention to detail.
• High level of integrity, confidentiality and risk awareness.

Responsibilities

• Oversee and manage Group and Singapore treasury functions, including cash management, debt management, short-term excess cash investment, and inter-company loans.
• Monitor and maintain Group and Singapore banking signing mandate, including bank accounts maintenance, internet-banking setups, and consolidation of banking facilities, charges, and utilization.
• Assist in managing banking relationships, including opening / closing of bank accounts, loan and service fees negotiation, managing KYC documents, negotiation of documentation for financing or any queries from banks from time to time.
• Monitor and enforce internal controls related to treasury management at group and subsidiaries level according to the Treasury Policies.
• Prepare monthly reports and any other reporting as required by management from time to time.
• Identify and implementing any improvements in current processes to enhance the efficiency and effectiveness of Group and subsidiaries treasury functions.
• Oversee and execute daily treasury activities including cash forecasting, FX transactions execution, fund transfer and other ad-hoc treasury related transactions.
• Assist in monitoring the Group’s banking and borrowing arrangements, including but not limited to the preparation of loan covenants compliance, keep track of the use of all funds
• Support the implementation and administer new bank technologies, products and services to improve the cash cycle and simplify organisation operations.
• Manage and monitor financial risks including credit risk and liquidity risk.
• Manage financing structures and/or products and analyse the financial impact.
• Identify financial risks, including but not limited to currency fluctuations, banking disruption and cross-border transactions, in relation to treasury operations in the region
• Develop and execute strategies to manage and mitigate the organisation’s exposure to financial risks
• Any other ad hoc tasks as assigned

Skills

Analytical thinking

Numerical skills

Detail-oriented

Problem-solving

Education

Diploma or Bachelor’s degree in Finance/Accounting/Banking/Economics/Business Administration

Tools

Microsoft Excel

Job description

Job Scope

• Assist to oversee and manage Group and Singapore treasury functions, including cash management,
  debt management, short-term excess cash investment, and inter-company loans.

• Assist to monitor and maintain Group and Singapore banking signing mandate, including bank accounts
  maintenance, internet-banking setups, and consolidation of banking facilities, charges, and utilization.

• Assist in managing banking relationships, including opening / closing of bank accounts, loan and service
  fees negotiation, managing KYC documents, negotiation of documentation for financing or any queries
  from banks from time to time.

• Assist to monitor and enforce internal controls related to treasury management at group and subsidiaries level according to the Treasury Policies.

• Assist in preparing monthly reports and any other reporting as required by management from time to
  time.

• Assist in identifying and implementing any improvements in current processes to enhance the
  efficiency and effectiveness of Group and subsidiaries treasury functions.

• Oversee and execute daily treasury activities including cash forecasting, FX transactions execution,
  fund transfer and other ad-hoc treasury related transactions.

• Assist in monitoring the Group’s banking and borrowing arrangements, including but not limited to the
  preparation of loan covenants compliance, keep track of the use of all funds

• Support the implementation and administer new bank technologies, products and services to improve
  the cash cycle and simplify organisation operations.

• Manage and monitor financial risks including credit risk and liquidity risk.

• Manage financing structures and/or products and analyse the financial impact.

• Identify financial risks, including but not limited to currency fluctuations, banking disruption and cross
  border transactions, in relation to treasury operations in the region

• Develop and execute strategies to manage and mitigate the organisation’s exposure to financial risks

• Any other ad hoc tasks as assigned

Requirement

• Diploma or Bachelor’s Degree in Finance, Accounting, Banking, Economics, Business Administration, or a related discipline.

• Proficient in Microsoft Excel

• Strong analytical, numerical and problem-solving skills, with excellent attention to detail.

• High level of integrity, confidentiality and risk awareness.