Treasury Manager

ACE Money Transfer is seeking an experienced Treasury Manager to oversee and lead its global treasury operations. This role is critical to ensuring that funds are available in the right place, currency, and time to support uninterrupted global remittance services. The Treasury Manager will be responsible for managing foreign exchange, cash flow forecasting, liquidity, fund allocation, and banking relationships across multiple countries and currencies. This position requires close collaboration with various departments including Operations, Finance, Legal, Compliance, Risk Management, Sales, and payout partners. The successful candidate will also drive the adoption of AI and automation to enhance treasury processes and provide regular reporting on liquidity, FX exposure, fund usage, and treasury performance to senior management.

Key Responsibilities

- Provide senior management with accurate data and analysis to support cash monitoring, forecasting, liquidity management, and treasury decision-making.
- Identify and implement strategies to mitigate risks related to cash flow forecasting, liquidity shortfalls, FX exposure, and operational treasury issues.
- Prepare FX accounting, treasury performance reports, and financial analyses for management and the Board.
- Monitor regulatory changes, FX restrictions, and cross-border payment requirements impacting treasury operations.
- Manage domestic and international cash and bank account structures, leading consolidation and cash pooling initiatives to optimize liquidity and reduce costs.
- Oversee bank account controls, transaction authorizations, and compliance with policies and regulations.
- Coordinate global cash flow forecasting, ensuring funds are available as per collection forecasts and payout requirements.
- Manage timely payments to banks, payout partners, and other authorized parties, ensuring compliance with contracts and procedures.
- Lead the global FX function, including policy management, exposure analysis, hedging strategies, and execution of approved hedges.
- Evaluate and recommend hedging strategies to minimize currency risk related to collections, payouts, revenue, and fund movements.
- Monitor FX transaction performance, including gains, losses, costs, and compliance with treasury limits.
- Conduct regular bank and ledger reconciliations, resolving discrepancies with bank relationship managers.
- Support negotiations with banking partners on commercial terms and transaction limits.
- Define departmental roles, assess staffing needs, and develop training programs for the Treasury team.
- Implement and monitor controls over bank access, payment platforms, and treasury systems, ensuring adherence to authorization matrices.
- Review and authorize treasury activities within delegated authority to prevent errors and fraud.
- Identify and implement AI-enabled tools for cash flow forecasting, liquidity monitoring, FX exposure analysis, reconciliation, and reporting.
- Collaborate with Sales, Business Development, and other teams to monitor FX markets, competitor rates, and customer expectations, setting competitive pricing and exchange rates.
- Analyze FX revenue, margins, and profitability by corridor, recommending pricing adjustments to optimize revenue.

Required Qualifications

- Bachelor’s or Master’s degree in Finance, Accounting, Economics, or a related field. Professional qualifications such as CA, ACCA, CFA, CTP, or ACT are preferred.
- 5 to 7 years of experience in treasury, cash management, or FX, preferably within remittance, payments, banking, or multi-currency financial services.
- Strong expertise in FX dealing, hedging strategies, exposure management, and settlement processes, including TOM deals.
- Proven experience in cash flow forecasting, liquidity management, cash pooling, and managing multi-currency bank account structures.
- Demonstrated ability to manage relationships with banks, correspondent banks, and payout partners.
- Solid understanding of bank reconciliation, treasury accounting, financial controls, and authorization processes.
- Knowledge of regulatory frameworks, FX restrictions, and cross-border payment requirements affecting treasury operations.
- Advanced Excel skills; experience with treasury management systems, BI tools, or AI-enabled analytics is advantageous.

Preferred Qualifications and Benefits

- Strong commercial acumen with the ability to balance liquidity, cost, FX risk, and revenue considerations.
- Excellent analytical skills to translate market and treasury data into actionable insights for senior leadership.
- Risk-focused mindset with a commitment to authorization discipline, reconciliation, and fraud prevention.
- Effective negotiation and relationship management skills to build strong partnerships with financial institutions and payout partners.
- Proven leadership capabilities in building, training, and developing high-performing treasury teams.
- Ability to collaborate cross-functionally with Operations, Finance, Compliance, Risk, and Sales teams.
- Composure under pressure, making sound decisions in fast-paced, time-sensitive environments.
- Innovative approach to adopting AI and automation for improved accuracy and operational efficiency.

Job Details

- Location: Kharian, Pakistan
- Job Type: Onsite
- Working Hours: Monday to Friday, 1:00 PM to 10:00 PM
- Department: Treasury
- Reporting To: Unit Head Treasury

ACE Money Transfer is a UK-based multinational fintech headquartered in Manchester, providing secure, fast, and affordable online remittance services across 29 countries and enabling cross-border transfers to over 100 countries worldwide. The company fosters a dynamic, growth-oriented culture with strong regulatory standards and a commitment to innovation in digital payments. This role offers the opportunity to work with diverse teams globally and contribute meaningfully to the future of international money movement.