Daraz PK-Regional Treasury Manager-Finance

Basic Infomation

Department:

Daraz

Degree:

Bachelor

Work Experience:

5 year

Job Description

Key Responsibilities

1. Regional Cash & Liquidity Management

• Lead cash forecasting, liquidity monitoring, and intercompany fund transfers across key markets including Pakistan, Bangladesh, Sri Lanka, and Nepal to maximize group-wide capital efficiency.
• Drive initiatives to ensure at least 90% of idle cash balances are placed in high-yield savings accounts, and explore compliant yield-enhancement opportunities in line with Alibaba Group’s investment policy.
• Conduct operational reviews of treasury processes to ensure full compliance with internal controls, appropriate approval workflows, and standardized operating procedures (SOPs) aligned with Alibaba Group policies.

2. Banking Account Optimization and Relationships Management

• Review and maintain high quality about bank account management SOP and policy, and internal control and align with Alibaba Treasury Policy and Daraz systems.
• Spearhead the rationalization of the regional banking structure by closing redundant accounts and negotiating reduced fees and service costs with financial institutions.
• Champion the phase-out of cheque-based payments and transition all settlements to secure, electronic payment methods to mitigate operational risk.
• Coordinate the optimization of existing bank guarantees, including migration to international banks and alignment with Alibaba Group’s centralized guarantee framework.

3. Compliance, Reporting & Risk Management

• Closely monitor about Treasury operations risks and be able to identify potential risk exposure and escalate and fix it.
• Prepare monthly treasury reports covering cash positions, bank guarantees, external loans, and foreign exchange (FX) revaluation impacts.
• Monitor FX exposure—particularly in Sri Lanka (LK) and Pakistan (PK)—and regularly benchmark Daraz’s internal FX rates against prevailing bank rates.
• Perform counterparty credit risk assessments on financial institutions, streamline the bank panel, and prioritize placements with internationally recognized banks to comply with Alibaba Group treasury policies.

4. Cross-Border Solutions & Strategic Collaboration

• Design and implement cross-market cash pooling and settlement mechanisms to address “trapped cash” challenges.
• Leverage expertise in cross-border funding structures, including intercompany loans, shareholder loans, and service agreement-based payments, to support seamless international operations.

5. Team Leadership & Process Excellence

• Serve dual accountability: align with directives from Alibaba Group Treasury (based in China) while supporting the strategic and operational needs of Daraz’s local CFO, finance team, and business units.
• Remotely manage a geographically dispersed treasury team, establishing clear communication protocols, performance metrics, and development pathways.
• Strengthen internal controls across critical processes such as Cash-on-Delivery (COD)

Position Requirement

1. Bachelor’s degree in Finance, Accounting, Economics, or a related field; MBA or professional certification (e.g., CTP, CPA, ACCA) is preferred. 2.Minimum of 8 years of experience in corporate treasury, with at least 3 years in a multinational environment managing cross-border cash, FX, and debt instruments. 3.Strong expertise in treasury management systems (TMS), ERP platforms (e.g., SAP), and proficiency in financial modeling and risk analysis tools. 4.In-depth understanding of global banking operations, regulatory requirements (including anti-money laundering and sanctions compliance), and capital markets. 5.Excellent analytical, communication, and stakeholder management skills.