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ACE Money Transfer

Facilitates international remittances via online platform

Treasury Manager

TreasuryConfirmed live in the last 24 hours
Full-timeKharian, PakistanNo salary listed

About the Job

Requirements

  • A Bachelor's or Master's degree in Finance, Accounting, Economics, or a related field is required; a professional qualification such as CA, ACCA, CFA, CTP, or ACT is preferred.
  • Five to seven years of treasury, cash management, or foreign exchange experience, ideally in remittance, payments, banking, or another multi-currency financial services business.
  • Strong knowledge of foreign exchange dealing, hedging strategies, exposure management, and settlement processes, including TOM deals.
  • Experience in cash flow forecasting, liquidity management, cash pooling, and multi-currency bank account structures.
  • Experience managing relationships with banks, correspondent banks, and payout partners.
  • Understanding of bank reconciliation, treasury accounting, and financial controls, including maker-checker processes and authorisation matrices.
  • Knowledge of regulatory, foreign exchange restriction, and cross-border payment requirements that affect treasury.
  • Advanced Excel skills.
  • Commercial acumen to balance liquidity, cost, foreign exchange risk, and revenue in decisions.
  • Ability to analyse market and treasury data and make recommendations to senior management and the Board.
  • Strong discipline around authorisation, reconciliation, and fraud prevention.
  • Negotiation and relationship management skills for building partnerships with banks and payout partners.
  • People leadership skills to build, train, and develop a Treasury team.
  • Ability to collaborate with Operations, Finance, Compliance, Risk, and Sales.
  • Ability to make sound decisions in fast-moving markets and time-critical settlements.
  • Willingness to adopt AI and automation to improve accuracy and efficiency.

Responsibilities

  • Provide top management with data and analysis to support cash monitoring, cash flow forecasting, liquidity management, and treasury decisions.
  • Identify and implement measures to reduce cash flow forecasting risk, liquidity shortfalls, foreign exchange exposure, and treasury operational issues.
  • Prepare foreign exchange accounting reports, treasury performance reports, and financial analysis for senior management and the Board.
  • Analyse how regulatory changes, foreign exchange restrictions, cross-border payment requirements, and hedging policies affect treasury, and report on them.
  • Support development of the company's short-term capital structure and funding strategy.
  • Manage domestic and international cash and bank account structures, and lead account consolidation and cash pooling where possible 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.
  • Ensure funds are available in required locations and currencies based on collection forecasts and payout requirements confirmed by Operations.
  • 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 when payment is delayed or for other valid reasons, following banking procedures, contract terms, and authorisation requirements.
  • Manage the global foreign exchange function, including foreign exchange policies, exposure analysis, hedging strategies, and 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 foreign exchange transaction and hedging programme performance, including realised and unrealised gains and losses, costs, and compliance with treasury limits.
  • Evaluate and execute tomorrow deals with eligible payout partners to manage settlement timing and foreign exchange exposure within approved policies.
  • Monitor bank and general ledger balances regularly to ensure cash positions are accurately reported across currencies, accounts, and jurisdictions.
  • Coordinate monthly reconciliation of bank accounts and treasury transactions, or more often where needed.
  • Work with bank relationship managers to resolve unreconciled items, delayed settlements, and discrepancies.
  • Support initial negotiations with new banking partners on commercial terms, settlement arrangements, and transaction limits.
  • Ensure collections, payout settlements, foreign exchange transactions, bank charges, and inter-account transfers are recorded and reconciled accurately with Finance and Accounts.
  • Define departmental functions, assess workloads, and identify staffing needs with HR.
  • Prepare and update treasury training materials, standard operating procedures, and operational guidelines.
  • Plan new employee orientation, identify training needs, and arrange development for the team.
  • Carry out periodic performance appraisals of Treasury staff with HR.
  • Implement and monitor controls over online and offline bank access, payment platforms, and treasury systems in line with authorisation matrices.
  • Review and authorise treasury activity within delegated authority to reduce errors and the risk of unauthorised or fraudulent transactions.
  • Monitor day-to-day treasury operations and review all Treasury Officers' work on every shift, every day, in line with control procedures.
  • Keep up to date with developments in treasury management, foreign exchange markets, global remittances, and financial technology.
  • Identify, evaluate, and implement AI-enabled tools and automation for cash flow forecasting, liquidity monitoring, foreign exchange exposure analysis, reconciliation, and treasury reporting.
  • Use approved AI and analytics tools to identify unusual transaction patterns, treasury risks, settlement delays, and inefficiencies while protecting data confidentiality, complying with regulations, maintaining human oversight, and following information security policies.
  • Work with Sales, Business Development, Relationship Management, Operations, Finance, Banking Relations, and payout partners to monitor global foreign exchange markets, competitor rates, fees, and customer expectations.
  • Set and update competitive exchange rates and pricing across currencies, markets, and corridors.
  • Provide timely foreign exchange rates, indicative pricing, currency availability, and margin guidance to support customer acquisition, negotiations, partner relationships, and pricing proposals.
  • Monitor foreign exchange revenue, transaction margins, conversion spreads, treasury income, volumes, payout costs, and profitability by corridor.
  • Identify high-performing markets and growth opportunities, and evaluate commercial deals based on volume, margin, settlement terms, and liquidity.
  • Recommend timely pricing adjustments to improve revenue and margins within approved controls and authorisation limits.
  • Work with Finance and senior management on foreign exchange revenue forecasts, pricing analysis, and management reports covering treasury income, gross margins, corridor profitability, budgets, and variances.

Desired Qualifications

  • Experience with treasury management systems, business intelligence tools, or AI-enabled analytics.

About the Company

ACE Money Transfer

Facilitates international remittances via online platform

ACE Money Transfer is a UK fintech that lets people send money internationally. Users fund transfers via website or mobile app using cards or digital wallets, and recipients receive by bank deposit, cash pickup at 375,000 locations, or mobile wallets in 100+ countries. It makes money from transfer fees and currency margins. Founded in 2002 and run by a family, it differentiates itself with a long track record, a wide cash-pickup network, and regulatory compliance; its goal is to provide reliable, affordable remittance with transparent fees and flexible payout options.

Company size
201-500
Company stage
Not listed
Total funding
Not listed
Headquarters
Warrington, United Kingdom
Founded
2002

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