Job Description

Responsibilities

1. Market Treasury Operation

• Perform daily bank reconciliation and recording of collateral positions in the finance system,
• Reporting of clearing members guaranty fund position and reconciliation with Risk requirements
• Optimize returns on cash collateral by fixed deposit placement after taking risk/operation requirements into consideration,
• Calculate daily interest on debit or credit cash collateral balances and perform monthly settlement with members,
• Set up clearing house collateral accounts with settlement banks.

2. Financial Planning and Corporate Treasury Operation

• Monthly forecasting of corporate revenue, expenses and cash flow and generate KRI reports on capital and liquidity requirements to ensure Abaxx comply with MAS and Abaxx enterprise risk management requirements,
• Weekly cash planning to ensure sufficient liquidity to meet all payment obligations,
• Optimize returns on cash balances by fixed deposit placement or investment in permitted products under Abaxx investment policy.
• Generate weekly treasury/liquidity reports to management.
• Co-ordinate business insurance requirements with various departments

3. Budget, Reporting and Audits

• Manage all aspects of regulatory reporting covering daily, monthly, quarterly, and annual financial submission to MAS,
• Co-ordinate external, internal, compliance audits
• Preparation of financial reports/presentation for board meetings
• Support preparation of annual budget and rolling forecast.

4. Internal Controls and Digital Transformation

• Support the enterprise effort in digital transformation with focus on optimizing internal control and reporting activities,
• System administrator of various finance systems

5. Participate in projects and various management initiatives.

Requirements

• Bachelor\xe2\x80\x99s degree holder in related field, major in Commerce, Accounting, Finance is required.
• A post graduate study in related field is a benefit.
• Minimum 5 years of relevant working experience in financial industries, exchanges, clearing house, international accounting firms is required.
• 1 to 2 years of experienced with treasury/cash management, FX execution will be preferred.
• Knowledge of derivatives, investment products will be a benefit.
• Familiar with financial reporting standards (IFRS, US GAAP, SFRS), Securities and Futures Act, regulatory reporting will be an advantage.
• Good understanding of Excel (VBA) will be useful for the role.
• Self-starter with strong numerical, analytical, and problem resolution skills.

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