Treasury Specialist

Job Summary

The Treasury Specialist is responsible for managing the organization’s cash flow, banking transactions, liquidity monitoring, and short-term investments. The position ensures that funds are properly safeguarded, available for operational requirements, and managed in accordance with approved financial policies and internal controls.

Key Responsibilities

1. Cash Management

• Monitor daily cash balances and ensure sufficient liquidity for operations.
• Prepare cash position reports and cash flow forecasts.
• Coordinate fund transfers between bank accounts as necessary.
• Ensure timely deposit of collections and proper recording of receipts.
  
  
  

• Process and monitor bank transactions, including payments, fund transfers, and check releases.
• Prepare bank reconciliation statements on a regular basis.
• Maintain updated records of bank accounts, signatories, and banking arrangements.
• Liaise with banks regarding account issues, documentation, and other treasury-related concerns.
  
  
  

• Review payment requests for completeness and proper authorization prior to release.
• Ensure compliance with internal policies for cash disbursements.
• Monitor post-dated checks and scheduled payments.
• Handle petty cash fund disbursements and replenishments.
• Process Telegraphic Transfer (TT) payments.
  
  
  

• Assist in managing short-term investments in accordance with approved investment policies.
• Monitor maturities of time deposits and other financial instruments.
• Prepare reports on investment balances and earnings.
  
  
  

• Ensure adherence to treasury policies, liquidity guidelines, and financial controls.
• Support internal and external audit requirements by providing treasury-related documents.
• Maintain confidentiality and safeguard financial information.
  
  
  

• Prepare periodic treasury reports (cash flow, bank balances, investment summaries).
• Assist in financial planning and liquidity analysis.
• Provide data to the Accounting and Finance departments as needed.
  
  
  

• Bachelor’s degree in Accountancy, Finance, Business Administration, or related field.
• At least 1 year of experience in treasury, accounting, or finance.
• Strong knowledge of cash management and banking procedures.
• Proficient in MS Excel and accounting systems.
• High level of integrity, accuracy, and attention to detail.
  
  
  

• Analytical and problem-solving skills
• Strong organizational skills
• Attention to detail
• Good communication skills
• Ability to work under pressure and meet deadlines