Treasury Specialist

Job description

Company description

Come help us create a better everyday life for the many people. That’s the IKEA vision. We do that by offering a wide range of home furnishings with good design and function at prices so low that as many people will be able to afford them.

Do you value simplicity, cost-consciousness, a humble attitude and willpower? Then an IKEA career may be right for you.

We strive for excellent leadership to lead business and people together. We believe people learn and develop best when they perform and deliver in the real world

Job description

Overview

A treasury specialist is responsible for tracking, maintaining, and overseeing the daily movement of money in and out of a business’ banking accounts. In this position, your job duties are to keep track of multiple accounts associated with the business, and you also make any payments due to other parties.

 

Responsibilities and Duties

 

·  Develop processes and systems to determine daily funds position. .
·  Receives funds collected, issues receipts, make deposits of cash and checks immediately in bank account and retaining deposit slips.
·  Prepare authorizations for payment, signed by the authorized person.
·  Complete new bank set ups including documentation, KYC, and connectivity
·  Execute funds movement transactions as required.
·  Manage transactional foreign exchange by targeting the best spot rate.
·  Assess, manage, and mitigate foreign currency exposure.
·  Manage payment processing and fraud prevention functions.
·  Anticipating changes in cash balances and planning coverage by facilities
·  Other duties assigned by Treasury Chief Accountant

 

Qualification

·  Bachelor's Degree Finance or Accounting ( Finance is Preferred )
·  2 years´ experience in the finance or accounting field.
·  Fluency in English (highly preferred)
·  Advanced working knowledge of Excel.
·  Understanding and experience of Treasury Accounting including foreign exchange, liquidity, cashflow and various Financial Instruments
·  Solid understanding of accounting principles
·  Appropriate handling of sensitive information
·  Team player with the ability to communicate and collaborate with multiple parties