Treasury Lead

Founded in 2020, Durianpay is a next-generation B2B payments software enabling seamless transactions across Indonesia. With a mission to modernize and democratize payments for businesses, we focus on making transactions cheaper, faster, and more efficient. With over 25 million transactions processed monthly, we serve clients across diverse industries, including consumer goods, retail, automotive, and financial services.

From 2022 to 2023, we tripled our revenue, and between January and August 2024, we achieved the same growth again. Our relentless focus on product-market fit and profitability has been central to our success. We prioritize rapid experimentation, embrace mistakes as learning opportunities, and quickly adapt, ensuring we consistently evolve and meet the needs of our clients.

We are looking for a Treasury Lead to manage cash flow, optimize liquidity, and ensure smooth treasury operations. This role includes monitoring cash positions, coordinating with banks, managing financial risks, and supporting financial reporting.

Job description:

1. Cash & Liquidity Management :

• Monitor daily cash flow and ensure adequate liquidity for business operations, including sweep in and out flow
• Optimize cash positioning, including cash concentration, pooling, and intercompany funding (i.e. cash pooling for higher interest income)
• Manage cash management operations and availability for prefund projects

2. Banking & Financial Risk Management :

• Coordinate with banks and financial institutions to facilitate necessary banking transactions (i.e open/close accounts, update Company’s data in banks, manage limit and user)
• Manage relationships with banks and financial institutions and negotiate banking agreements, fees, and services -- partnering with partnership team
• Manage bank database tracker (user, limit, interest. Fees) and bank statements / mutation everyday
• Ensure compliance with internal controls, policies, and regulatory requirements related to treasury operations
• Assist in managing corporate debt and credit facilities
• Analyse, evaluate and recommend investment strategies for excess cash

3. Treasury Operations & Reporting :

• Prepare monthly treasury reports, including cash positions, liquidity metrics, and financial risk assessments.
• Create SOP treasury operations and implement best practices in treasury operations and controls.
• Support the finance reporting process by providing necessary data for financial statements and matching the weekly cash position and money flow with Finance Report and reconciliation
• Collaborate with cross-functional teams to address treasury-related issues and improve processes