Treasury Manager

INGOT Brokers

About INGOT Brokers

Founded in 2006, INGOT Brokers has positioned itself as a pioneer in the financial trading industry providing superior offerings to its clients. Such offerings include competitive trading conditions furnished to facilitate clients’ access to various global markets (such as stocks, currencies, indices, and commodities, among others), several account types to suit the different types of traders, and top-notch trading platforms.

Licenses and Regulations

INGOT Brokers and its shareholders also ensure strict adherence to the laws and regulations that protect clients, having obtained licenses from renowned regulating authorities including the Australian Securities and Investments Commission (ASIC), Jordan Securities Commission (JSC), the Financial Services Authority (FSA) in Seychelles, the Capital Markets Authority (CMA) in Kenya, and the Financial Sector Conduct Authority (FSCA) in South Africa. It is also registered in several countries around the globe including Saint Vincent and Grenadines and Dubai.

Offices and Employees

INGOT Brokers has physical offices, representative offices, operation hubs, and/or consultants in Pakistan, the UAE, Australia, Jordan, Saint Vincent, Turkey, Thailand, Vietnam, South Africa, Kenya, Seychelles, and Iraq. In the Jordan entity alone, the company has approximately 170 employees - and increasing.

Duties and Responsibilities

• Responsible for the planning and execution of day-to-day and period-end treasury activities including managing the firm’s cash flow forecast.
• Own the documentation and review of treasury and cash management related policies, processes and controls and recommend amendments to drive progress and continued improvement.
• Manage and improve the group's treasury systems, reporting and controls while working with Jordan and international teams to ensure appropriate controls and regulatory compliance are implemented and maintained, for example:
  
  • System roles and responsibilities clearly defined between preparers, reviewers, authorisers and administrators.
  • Implementation and monitoring of banks and payment methods limits to mitigate risk and inline with the authority matrix.
  • Daily monitoring of cash balances, regular bank and payment methods reconciliation controls.
  • Daily, weekly and monthly reporting of client money accounts and propose internal transfers to ensure compliance with each country regulations.
• Develop the daily, weekly and period end cash flow reporting and oversee the production of regular cash forecasts as well as monitoring cash requirement against forecast to investigate variances.
• Coordinate the cash flow for the group including monitoring of intercompany balances and settlement transactions.
• Review and drive improvements in cash management.
• Monitor and manage the group's bank mandates, opening accounts, closing accounts, maintenance, and update of authority.
• Manage the group's exposure and risks, foreign currency risk, liquidity risk and maintain regulatory minimum cash requirements.
• Develop a strong working relationship with banks and payment method & solutions companies.
• Owns the process for issuance of international bank guarantees and letters of credit.
• Build key relationships with internal functions and support the wider finance team with advice on cashflow and cash management issues.

Requirements

• More than 10 years of experience in reelvant field.
• A qualified accountant (CPA, ACA or equivalent).
• Bachelor's degree  in Accounting or finance, holding a professional qualification such as CPA, ACCA.
• Relevant Treasury risk and corporate finance qualification e.g., CTP, MCT is desirable.
• Exposure to complex cash and treasury management either through a treasury or more general accounting/financial control role.
• Able to demonstrate proven experience at a similar level in a Fintech company or banks.
• Knowledgeable about managing cashflow to maximize group opportunities and add value.
• Proven ability to improve controls and processes.
• A highly motivated, enthusiastic self-starter who can "roll their sleeves up".
• A pragmatic and solutions-based individual with excellent attention to detail.
• Ability to work unsupervised and deliver high quality work to tight deadlines.
• The ability to problem solving analyze and identify key issues.
• Strong interpersonal and influencing skills: ability to forge strong working relationships with senior stakeholders and effectively engage with external advisors and banks.
• The ability to successfully deliver on agreed deadlines and project milestones.
• Excellent written and verbal communication skills, Experienced user of Microsoft Excel.
• Experience in ERP systems and accounting for treasury transactions.