Treasury Back-office Specialist

About Remote

Remote is solving global remote organizations’ biggest challenge: employing anyone anywhere compliantly. We make it possible for businesses big and small to employ a global team by handling global payroll, benefits, taxes, and compliance. Check out remote.com/how-it-works to learn more or if you’re interested in adding to the mission, scroll down to apply now.

Please take a look at remote.com/handbook to learn more about our culture and what it is like to work here. Not only do we encourage folks from all ethnic groups, genders, sexuality, age and abilities to apply, but we prioritize a sense of belonging. You can check out independent reviews by other candidates on Glassdoor or look up the results of our candidate surveys to see how others feel about working and interviewing here.

All of our positions are fully remote. You do not have to relocate to join us!

The position

This is an exciting time to join Remote and make a personal difference in the global employment space as a Treasury Back-Office Specialist joining our Treasury team.

What this job can offer you

• Maintain accurate and up-to-date financial records: This includes tracking all treasury-related transactions and positions, and preparing reports and statements.
• Settlement of Transactions: Ensure timely and accurate settlement of all treasury-related transactions such as , intercompany fundings, money market and foreign exchange.
• Reconciliation: Reconcile all treasury transactions with internal records and external statements.
• Bank account management: Manage the onboarding of new banks & opening of bank accounts and maintain related mandates for bank account signatories. Fulfil KYC requirements with relationship banks.
• System Maintenance: Maintain and update treasury management systems (TMS) and ensure that they operate efficiently. Manage TMS master data and global e-Banking access rights.
• Documentation: Ensure that all transaction-related documents are duly signed, verified, and safely archived for future reference.
• Reporting: Ensure timely, complete and accurate accounting & reporting of treasury transactions including month-end closing and year-end reporting.
• Compliance and Control: Adhere to internal controls, compliance regulations, and relevant accounting standards. Ensure that all transactions comply with internal policies and external regulatory requirements.
• Banking Relations: Establish and maintain a working relationship with banks, financial institutions, and other counterparties. Address and resolve any discrepancies in transaction confirmations and settlements.
• Continuous Improvement: Participate in the review and improvement of back-office processes, seeking ways to increase efficiency and reduce operational risks.
• Cross-Functional Collaboration: Work closely with other departments, including accounting, audit, and risk management, to ensure smooth operations and adherence to internal controls.

What you bring

• Bachelor's Degree in Finance or equivalent
• 2-3 years of proven experience in international corporate treasury back office or a similar position
• Ability to swiftly execute tasks without compromising on the precision - adeptness at balancing speed and quality is crucial.
• Proven capability to thrive in high-pressure scenarios, especially when faced with tight deadlines and multitasking.
• Demonstrated analytical abilities, exceptional problem-solving prowess, and a keen eye for detail.
• Effective communication skills, both in writing and speech, paired with a natural inclination to foster relationships.
• Background in fast-scaling startups or major global corporations is an advantage.
• Project management experience is a plus
• Proficient in English, both spoken and written.
• Previous experience in Know Your Customer and bank account opening is a strong plus.
• It's not required to have experience working remotely, but considered a plus

Practicals

• You'll report to: Global Treasury Manager