JOB DESCRIPTION
Treasury Manager ACE Money Transfer | ACE Group
About the Role
ACE Money Transfer is looking for an experienced Treasury Manager to lead our global treasury operations. You will cover: Foreign exchange management
Cash flow monitoring and forecasting
Liquidity management
Fund allocation
Banking relationships across many countries and currencies
Your core mission is to make sure the right funds are in the right place, in the right currency, at the right time , so that our global remittance operations never stop. You will also evaluate, develop, and implement treasury and cash management systems that: Improve operational efficiency
Strengthen financial controls
Reduce transaction costs
You will manage relationships with banks, payout partners and other financial institutions, always to the highest standards of professionalism and regulatory compliance.
You will work closely with: Operations
Finance & Accounts
Legal & Compliance
Risk Management
Sales and Business Development
Payout partners
You will give Finance and senior management regular reporting on liquidity, cash budgets, FX exposure, fund usage, and treasury performance. You will also lead the Treasury team and drive the use of AI and automation across treasury processes. Responsibilities
Management Support Give top management relevant data and analysis to support cash monitoring, cash flow forecasting, liquidity management and treasury decisions.
Identify and put in place ways to reduce cash flow forecasting risk, liquidity shortfalls, FX exposure and treasury operational issues.
Prepare FX accounting reports, treasury performance reports and financial analysis for senior management and the Board.
Analyse how changes in regulations, FX restrictions, cross-border payment requirements and hedging policies affect treasury, and report on them.
Support the development of the company's short-term capital structure and funding strategy.
Cash Management Manage domestic and international cash and bank account structures. Where possible, lead account consolidation and cash pooling to improve liquidity and reduce costs.
Monitor bank accounts for proper controls, access, transaction authorisation and compliance with policy and regulation.
Improve coordination between Treasury and Operations to strengthen cash management, improve the risk profile and reduce costs.
Manage the global cash flow forecasting process, including trends, expected collections, payout obligations and liquidity needs.
Make sure funds are available in the required locations and currencies, based on collection forecasts and the payout requirements Operations confirms.
Coordinate timely payments to correspondent banks, payout partners, associates and other authorised counterparties, working with Finance as needed.
Carry out cost-benefit analysis and develop strategies for cash allocation, fund transfers and liquidity optimisation.
Start or coordinate recalls of telegraphic transfers (TTs) when payment is delayed or for other valid reasons, following banking procedures, contract terms and authorisation requirements.
Foreign Exchange Dealing & Exposure Management Manage the global FX function, including FX policies, exposure analysis, hedging strategies, and the execution and monitoring of approved hedges.
Recommend hedging strategies to reduce currency exposure from collections, payouts, revenue and cross-border fund movements.
Evaluate fund movements and currency conversion opportunities to optimise exchange rates, costs and margins.
Track the performance of FX transactions and hedging programmes, including realised and unrealised gains and losses, costs and compliance with treasury limits.
Evaluate and execute TOM (tomorrow) deals with eligible payout partners to manage settlement timing and FX exposure, within approved policies.
Bookkeeping & Reconciliation Monitor bank and general ledger balances regularly so that cash positions are reported accurately across currencies, accounts and…