The Treasury Accountant is responsible for managing day‑to‑day treasury operations, ensuring accurate cashflow monitoring, maintaining banking relationships, and safeguarding the company’s financial assets. This role plays a critical part in enhancing operational control, efficiency, and compliance, especially as the company manages transactions across multiple banks.
Responsibilities:
- Manage daily treasury-related tasks including cash positioning, bank transactions, and funds availability.
- Coordinate and liaise directly with multiple banks to ensure timely execution of payments, receipts, FX transactions, and other banking activities.
- Maintain and manage bank accounts, including opening/closing accounts, updating authorized signatories, and ensuring compliance with internal and external requirements.
- Manage administrative procedures and documentation required for banking transactions.
- Review bank documentation, contracts and agreements to safeguard the company’s best interests.
- Ensure all treasury activities comply with company policies, internal controls, and banking regulations.
- Monitor bank fees and recommend cost optimization opportunities.
- Prepare, update, and monitor daily/weekly/monthly cashflow reports.
- Support cashflow forecasting and coordinate closely with Finance, Accounting, and other departments to ensure liquidity for operations.
- Identify cashflow risks and propose mitigation measures.
- Provide treasury-related data for internal and external audits.
- Support reconciliation tasks, especially bank-related reconciliations and legacy data cleanup (with support from temporary data analysts if engaged).
- Enhance treasury control processes to reduce manual errors and mitigate risks.
- Support the rollout of improvements in banking processes, automation, or system integration.
