Treasury Assistant

About the Role

We're seeking a detail-oriented Treasury Analyst to join Modulr's Finance & Treasury team in India. In this role, you'll be responsible for managing daily treasury operations, ensuring accurate bank reconciliations, and maintaining our corporate banking relationships, reconciling c.150 corporate bank accounts spanning multiple entities and regions, and across multiple banking platforms. Working within the finance team and reporting to the AP & Payroll Supervisor, you'll play a vital role in reflecting our banking transactions accurately in NetSuite and ensuring all corporate bank accounts are properly recorded. You'll be key to supporting our financial control team with timely reporting, fund management, and month-end activities while maintaining the highest standards of accuracy and compliance.

Key Responsibilities

Cash and Balance Monitoring

• Review balances across all accounts by entity and currency
• Complete capital requirement sheets across required entities to monitor balances and check for unexpected movements
• Identify accounts approaching minimum balance and set up top-ups
• Monitor incoming and outgoing settlement of funds

Payment and Transfer Support

• Prepare treasury transfer instructions between accounts, entities and currencies for review and approval
• Confirm funding is in place ahead of supplier payment runs, payroll and scheduled payment obligations
• Monitor approved payments to confirm receipt and investigate delays, returns or rejections
• Escalate payment issues to respective banks

Daily Reporting and Communication

• Flag funding requirements, discrepancies and unresolved items to line manager and Treasury stakeholders
• Respond to same day queries for urgent funding from Payment Operations and Financial Control
• Retrieve statement and transaction reports weekly from HSBC, JPM and Modulr platforms
• Confirm statements are complete, for the correct dates and cover all in-scope accounts

Bank Reconciliations and Month-End Activities

• Be responsible for timely and accurate processing of corporate money transactions
• Complete weekly and monthly bank reconciliations and related financial postings
• Identify, resolve and escalate un-reconciled items in a timely manner
• Investigate and clear outstanding reconciling items
• Prepare monthly journals for bank charges, interest, treasury sweep and intercompany movements
• Prepare the monthly compliance certificate required under the revolving credit facility (RCF) agreement

Systems and Process Management

• Maintain access to various banking platforms
• Support current systems and processes
• Keep process documentation updated
• Share best practice and highlight improvements and efficiencies
• Document treasury processes end to end, including checks, controls and escalation routes

Additional Support

• Prepare weekly cashflow reporting for the CFO, including 13-week cashflow forecasts
• Support creation of internal and external reporting requirements
• Support wider finance team on other month-end tasks
• Prepare reconciliations, samples and explanations for internal and external audit