Treasury Intern in Kharian at ACE Money Transfer
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Job Description
ACE Money Transfer is looking for a motivated, detail-oriented Treasury Intern to support our Payout Side Operations Lead in daily Treasury activities.
You will work under close supervision. Approvals, decision-making and bank relationships stay with the Payout Side Operations Lead, which gives you a structured environment to learn how Treasury works in a fast-moving international payments business.
The internship will give you practical knowledge of cash management, Treasury controls, banking processes and payout operations. It is an excellent starting point for a career in Treasury or financial operations.
ResponsibilitiesCash, Liquidity & Funding Support- Help monitor daily payout-side cash balances, funding requirements, liquidity positions, FX deals and wire settlements.
- Prepare and maintain payout funding trackers for the Payout Side Operations Lead to review.
- Help fund payout accounts on time, within bank and currency cut-off times.
- Help track the allocation of funds to payout partners and flag pending or insufficient balances.
- Support funding planning for weekends, public holidays and high-volume periods.
- Monitor pending FX deals, wires and settlements, and follow up with internal teams as instructed.
- Identify and promptly report settlement breaks, rejected transactions, data discrepancies and other exceptions.
- Prepare payout-side reconciliation files and supporting records for the Payout Side Operations Lead to review and approve.
- Keep transaction confirmations, bank records, settlement evidence and supporting documents accurate.
- Help prepare daily updates on payout funding, partner balances, settlement status and pending items.
- Provide timely inputs for daily cash-flow and payout cash-requirement reporting.
- Follow maker-checker and four-eye control requirements in all assigned activities.
- Follow approved Treasury policies, procedures, controls and escalation protocols.
- Keep bank balances, payment data, rates and other Treasury information confidential.
- Build working knowledge of payout operations, bank funding, FX deal support, settlement processes, reconciliations and reporting tools.
- Bachelor’s degree in Finance, Accounting, Economics, Business Administration or a related field. Fresh graduates are welcome to apply.
- A basic understanding of banking, payments, cash management or Treasury operations is preferred.
- Good working knowledge of Microsoft Excel, with the ability to work accurately with data and reports.
- Attention to detail: accurate with numbers, records and reconciliations.
- Organisation: keeps trackers and documents well organised.
- Time management: works responsibly to deadlines, especially around bank cut-off times.
- Communication: follows up clearly with internal teams and raises issues early.
- Discretion: handles confidential financial information with integrity.
- Willingness to learn: keen to build Treasury knowledge under supervision.
- Location: Kharian, Pakistan
- Job Type: Internship, onsite 3 Months
- Working Hours / Shift: 01:00 PM to 10:00 PKT
ACE Money Transfer is a UK-based multinational fintech headquartered in Manchester, United Kingdom. We provide fast, secure and affordable online remittance services to customers in 29 countries across the UK, Europe, Canada and Australia, and we enable cross-border money transfers to 100+ countries worldwide.
Every day, our platform helps people support their families, pay for education and build better futures across borders. As part of the wider ACE Group, we combine a fast-paced growth culture with strong regulatory standards and a commitment to innovation in digital payments.
At ACE you will work with talented, diverse teams across multiple regions and take real ownership of work that matters. You will also help shape the future of global money movement.
Learn more: ACE Money Transfer Company Profile
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