Treasury Officer, Thunes
+ Performance & company bonus
Simplifying international payments
Be an early applicant
Simplifying international payments
201-500 employees
Be an early applicant
+ Performance & company bonus
201-500 employees
Company mission
To connect every corner of the world and make the global economy accessible to all.
Role
Who you are
- The candidate will have a degree in Accounting/Finance, Applied Sciences or Mathematics
- Intermediate Excel proficiency
- Understanding of treasury accounting, including FX, liquidity, and cashflow is a plus
- Knowledge of Kyriba or a similar Treasury Management System a plus
- Highly motivated with excellent analytical skills
- Ability to thrive in a fast-paced multi-cultural fintech environment
- Good communication skills, as the role will entail significant interaction with corporate partners, banks, auditors, etc
- Team player with the ability to communicate and coordinate with multiple parties
- Organised with an appetite for improving existing processes
- Curious mindset and can-do attitude
- Able to demonstrate a logical approach and innovative thinking
What the job involves
- The Treasury team is responsible for all aspects of International Cash & Liquidity Management, Cashflow forecasting, Working Capital management and Foreign Exchange. The Treasury department is a friendly team-based environment that values interaction and exchange of ideas and knowledge
- The new Senior Treasury Officer role is based in the Barcelona office, reporting to the Head of Treasury Collections in Barcelona, and working closely with the rest of the team in the Singapore and other offices
- It is an exciting time to join the team for any professionals willing to launch and progress their career
- The incumbent will be responsible to assist in carrying out the Treasury Function of the Organization. He/she should be familiar with payments, audits, invoices, managing accounting activities, including bank reconciliations, accounts payable and accounts receivable
- Perform daily cash management and forecasting activities
- Carry out daily reporting activities, dealing with banks and assisting the respective supervisor in cash and liquidity management
- Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
- Prepare bank reconciliation on daily basis cross checking with the internal system
- Follow up on unreconciled entries with Support, Network and banking partners
- Generate reconciliation reports to Treasury Collections and Treasury Payouts
- Prepare payments and get them signed from authorized signatories
- Be a contact person for banking relationships across the group. Support the development of future bank relationships
- Work with the Treasury Product Owner and Treasury Development team to integrate new partner reconciliations into the reconciliation system and suggest improvements to the system
- Maintain a system of policies and procedures that impose an adequate level of control over treasury activities
- Ensures treasury management reports, agreements and all other required documentation are reviewed and stored for record keeping
- Ensure proper controls are in place for all regulatory requirements
- Undertakes other related tasks and duties as assigned by Treasury Management and/or CFO
Our take
The way we pay has changed considerably in recent years, but sending international payments online can still be time-consuming and overly complex. Thunes solves this problem by making cross-border payments quicker and easier.
Thunes allows businesses to process payments anywhere in the world, improving their revenue. The company has managed to differentiate itself from traditional payment platforms thanks to their flexibility, transparency and low cost. They have also avoided competing with payment giants such as PayPal, who they now number as a customer. Other clients include Uber, Deliveroo and Grab.
In 2023 Thunes opened offices in Beijing after entering the Chinese market in 2021. This coincides with $60 million in Series C funding that is going towards the expansion of Thunes into new markets via cross-border payments which, alongside China, include Latin America and the Middle East. This indicates a strengthened global reach for Thunes.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 6 rounds)
Jul 2023
$12m
SERIES C
Jun 2023
$60m
SERIES C
Total funding: $232m
Company benefits
- Bonuses
- Regular learning opportunities
- Volunteering opportunities
Company values
- We support personal economies and encourage global inclusion
- We build relationships, not just networks
- We take our responsibilities seriously
Company HQ
Downtown Core, Singapore
Articles
Leadership
Peter de Caluwe
(CEO & Executive Chairman)Previously served as CEO of Ogone and as CEO of Payments at Naspers.
Salary benchmarks
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