Daraz-PK-Group Lead-Treasury

**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 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) collections, cheque handling, and cash withdrawal procedures. - Delive

Bachelor’s degree or higher in Finance, Accounting, Economics, or a related field. Professional certifications such as CPA, ACCA, CFA, or CTP are strongly preferred. Experience: Minimum of 8 years of experience in corporate treasury, cash management, or financial planning & analysis At least 3 years managing multinational treasury teams. In-depth knowledge of treasury operations, banking ecosystems, and foreign exchange regulations in South Asia—particularly Pakistan (PK), Bangladesh (BD), Sri Lanka (LK), and Nepal (NP). Prior experience in e-commerce, fintech, or fast-moving consumer goods (FMCG) industries is a distinct advantage.