Treasury Assistant

We're seeking a detail-oriented Treasury Assistant 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 across multiple accounts and currencies. 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

Person Specification

Essential

Experience in a similar treasury or finance operations role

Knowledge of banking systems and cash management platforms

Efficient in multi-tasking, prioritising and managing workload

Self-starter who is structured, organised and able to handle competing pressures

Ability to operate in a changing and dynamic environment with tight deadlines

Strong attention to detail and accuracy in financial data

Excellent communication and problem-solving skills

Desired

Experience working with NetSuite or similar ERP system

Understanding of compliance and audit requirements in financial operations

Self-motivated and hardworking with strong organisational skills

Able to critically evaluate and problem solve

Works at pace to deliver results

Tenacious, adaptable, resilient and positive

Focused on innovation and continuous improvement

Excellent team player in a high-functioning environment

Commitment to accuracy and compliance

ModInclusion

Modulr is a leading fintech platform providing Payments Automation and enterprise payment solutions. We serve high-growth businesses across multiple verticals including Lending, Travel, Banking, and Core Business Payments, operating across India, the UK, Europe, and beyond. Our mission is to simplify and automate payments for our customers, and we're building a diverse, talented team to support that mission. Our people are central to our success, and we're committed to creating an inclusive workplace where everyone can thrive.