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Sell in a snap, buy with a chat

Assistant Treasury Manager

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Carousell is one of the world's largest and fastest growing mobile classifieds apps with a mission to inspire every person in the world to start selling and buying to make more possible for one another.

Since our launch in Aug 2012, we've expanded into 8 countries with over 250 million listings. As a team of passionate individuals working together to solve meaningful problems, there is so much more for you to discover in a career with Carousell.

We are looking for an Assistant Treasury Manager for our fast-growing Finance team. Our ideal teammate will have a solid background and experience in managing the Treasury function in a regional set up. You enjoy working in a fast paced environment while also having an eye for the nuances that make or break a brand!

This is a full-time position based in Singapore.

You will:

*Core Treasury *

  • Provide operational support for all activities within the group treasury function. This includes front, middle, and back-office activities across cash, investments, foreign exchange and loans.
  • Manage cash balances, bank accounts, and maintain E-banking systems of subsidiaries locally and overseas
  • Monitor FX movements for most efficient and effective cash conversions.
  • Identify natural hedges within the group
  • Support negotiation and documentation of financing including the on-going compliance for banking facilities of subsidiaries locally and overseas
  • Introduce group treasury policies and ensure adherence
  • Monitor and support all treasury matters to subsidiaries locally and overseas in accordance with group treasury policies
  • Enable inter-company loans
  • Prepare weekly treasury reports and assist in other treasury reporting requirements of the group
  • Implement, maintain and propose enhancements to treasury management system (TMS)
  • Facilitate internal and external audits
  • Assist on special projects/tasks assigned

Liquidity Management

  • Manage group-wide liquidity through cash-sweep and inter-co funding
  • Responsible for all TT & cheque payments, operations of all international bank accounts for both incoming and outgoing, liaising with bankers, handling transactions and ad-hoc queries, handling KYC / compliance matters, and maintaining good working relationships with the banks
  • Cash flow management within the organization and liaise with internal teams for forecasting cash flows
  • Maximise returns from cash at bank, through planning tenors of fixed deposits/competitive bidding between banks, to maximise the returns while serving group cash needs

You have:

  • Bachelor’s degree or equivalent in Business, Finance or any related discipline. CA or CPA preferred
  • 4-5 years of relevant experience in front, middle and back-office treasury functions
  • Direct experience in cash, bank accounts and loans management, foreign exchange and derivatives is preferred
  • Experience in bank document negotiations – including on-boarding / KYC, facilities agreement etc
  • Possess good IT skills, particularly Microsoft Excel, Powerpoint and IT savvy
  • Comfortable to work on both routine and ad-hoc requirements
  • Excellent interpersonal, written and verbal communication skills
  • Highly motivated and well organised individual, able to work well under pressure

Carousell at a glance

Sell in a snap, buy with a chat

Carousell focuses on Mobile, E-Commerce, Mobile Commerce, Peer-to-Peer, and Marketplaces. Their company has offices in New York City, Singapore, and Taipei City. They have a large team that's between 201-500 employees. To date, Carousell has raised $126.8M of funding; their latest round was closed on May 2018.

You can view their website at https://carousell.com/ or find them on Twitter, Facebook, and LinkedIn.