Head of Treasury at MODIFI

Amsterdam, North Holland, Netherlands -

Full Time

Start Date

Immediate

Expiry Date

14 Apr, 26

Salary

0.0

Posted On

14 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Treasury Management, Liquidity Optimization, FX Exposure, Funding Requirements, Bank Relationships, Reporting Automation, Process Improvement, Payment Resolution, Bank Account Management, Data Analysis, Microsoft Excel, Communication, Attention to Detail, Proactivity, Organizational Skills

Industry

Financial Services

Description

MODIFI is a global FinTech company that enables cross-border commerce through a digital platform for B2B payments. With MODIFI, exporters get paid instantly, while their buyers have the option to pay later. Our clients also get access to powerful tools that help them trade internationally. We empower businesses to grow, fostering strong international partnerships and benefitting local economies. Come and shape the future of global commerce with MODIFI! We are currently looking for an experienced Treasury Specialist with previous accounts payable experience to join our existing team in Mumbai and shape the future of global commerce with MODIFI! YOUR IMPACT Daily hands-on management of all Treasury functions, including optimising liquidity, FX exposure and funding requirements, managing drawdowns and repayments on our bank facilities Monitor covenants in real-time, ensuring that daily payout volumes do not breach facility concentration limits Prepare liquidity forecasts with a weekly and monthly outlook, including engaging with Transaction Managers to ensure forecasts are realistic Manage relationships with banking partners, ensuring any queries are resolved quickly and accurately Ensure monthly reporting is prepared timeously and accurately. Identify ways in which reporting can be further automated and made more efficient. Identify gaps in current treasury workflows and implement controls/process improvements to reduce manual intervention and operational risk Timely and proactive response to specific payment requests (not received or rejected payments) by resolving any issues together with our banks Support the finance team with bank account management, bank balance reconciliation and other ad-hoc requests related to payments. Bachelor’s degree in Accounting, Business Administration, Finance or Economics Minimum 3-5 years work experience Exposure to Lending Facilities: Strong understanding of complex lending facilities, preference for experience with cross-border trade flows. Familiarity in working with different banking or payments systems Detailed knowledge and understanding of SWIFT payments and system Preference for experience in working with international counterparts High integrity and reliability in delivery are critical in this high impact role Proactive, accurate, strong attention to detail and well organized Strong communicator in liaison with internal and external stakeholder such as banks Able to work in fast paced and dynamic environment and to deliver consistently and on time Advanced skills in data analysis and Microsoft Excel are required Fluency in English, both spoken and in writing is essential Why MODIFI? Because we rock! Diversity is more than a word to us - join a company with team mates from 16+ different nationalities and backgrounds The world is your oyster - we have networks around the globe with offices in Amsterdam, Berlin, Delhi, Dhaka, Dubai, Hongkong, Mumbai, Shenzhen, Singapore We care about the environment - that’s why we commit to a clear understanding of our CO2 footprint and shall reach neutrality in 2023 You want to get to know your colleagues better?! We organize regular gatherings, events and parties Many perks like a cultural day, personal training and more TEAM - Together Everyone Achieves More At MODIFI we have a very hands-on mindset, giving our people the chance to grow with their responsibilities Think big. Think bigger! Think 10x! We live by our values ‘own your actions’, ‘grow together’ and ‘make it happen’ About us Here at MODIFI we are building the next-generation global trade payment platform. Since our start in 2018, we have been growing extensively and today we’re ready to move to the next level. MODIFI is the right place to make global trade happen as we believe that international trade drives global development. Our brilliant multicultural team operates internationally in more than 11 countries. No matter your religion, sexual orientation, age, gender, origin or relationship status; we encourage everyone to be their authentic selves. We are looking for the most talented people with an attitude to win any battle. Are you passionate about solving problems and ready to conquer the world? Sounds interesting? Yes! So, you belong with us. Send us your CV today!

Responsibilities

Manage all Treasury functions including liquidity optimization and funding requirements. Prepare liquidity forecasts and manage relationships with banking partners.