Investment Officer - Treasury
Salary not disclosedPosted 2 days ago
Closes in 12 days
About the company
Fiji National Provident Fund (FNPF) is a national retirement savings fund established under the FNPF Act. It manages members' contributions across the Main FNPF Fund, Retirement Income Fund (RIF), and Special Death Benefit Fund (SDB), and oversees investment portfolios including fixed income, equities, and property.
About the role
This Investment Officer role sits within the Investment Department and reports to the Manager Treasury & Fixed Income at FNPF Head Quarters. The position supports the Investment Division in managing the efficient utilization of cash and financial services in line with the FNPF Act and Policies. The officer assists with day-to-day cash requirements and prepares cashflow reports and analysis for the Main FNPF Fund, RIF, and SDB. Duties span daily bank balance monitoring, offshore and local term deposit administration, foreign exchange dealing, and various monthly and quarterly reporting to Treasury Management and the Board Investments Committee. The role has no direct or indirect reports and no financial, staff, or contractual authority, and may require occasional late hours, weekend work, or travel to other FNPF branches for job rotation.
Key responsibilities
- Prepare daily bank balances report and make recommendations on fund transfers between FNPF bank accounts.
- Analyze and anticipate the company's need for cash transfer to ensure adequate funds are available across bank accounts.
- Prepare cheques or bank transfers authorized by Investment Portfolio Managers for new investments and Commercial Loan payments.
- Prepare and verify daily bank balances, receipts and payments into the Daily Dashboard report for Manager Treasury.
- Update investment records for daily credit limits and identify breaches to Manager Treasury.
- Compile monthly offshore cashflow reports and prepare offshore payment instructions via the custodian online portal.
- Act as Foreign Exchange Dealer, executing FX trades and preparing daily exchange rate trackers.
- Assist in preparing budgets, stress test reports, asset and liability management reports, and quarterly Treasury reports for the Board Investments Committee.
About the successful candidate
- Degree in Finance, Accounting, Economics or Business Administration from a recognized institution.
- At least two (2) years' hands-on experience in Treasury or Cash Management.
- Membership of a Professional Society of Finance or Investment.
- Knowledge of Fund Management.
- Good written and communication skills with good working knowledge of the organization.
- Strong problem-solving skills, including breaking down complex tasks and weighing costs, benefits and risks in decision-making.
- Ability to identify and act on investment opportunities with strong financial discipline to minimize investment costs.
- Good PowerPoint skills and extensive Excel, Word and other MS Office knowledge.