Assistant Manager Treasury

JOB SUMMARY:

-         Plans, monitors, assesses and manages the efficient utilization of cash and financial services in a manner consistent with the objective of the Company

-         Manages foreign exchange risk and dealings for all foreign transactions, especially for affiliates

-         Establishes and maintains good relationship with banks and financial institutions to implement updates on bank technologies, products and services to improve cash position and streamline operations

-         Develops basic assumptions and data points for planning and forecasting of cash flow

-         Resolves complex liquidity and process issues related to by providing valuable inputs to decision-makers

-         Keeps organized records for area of responsibility

-         Prepares, submits, and uploads monthly cash flow reports, cash flow budget and forecast, FX exposure, and derivative reports required by Global and Region

-         Treasury regular (day to day) operations

o  Uploading of payment output to Cash Management System (regular vendor, employee reimbursements etc.) for timely disbursements

o  FX dealing and settlements, especially with affiliate transactions (trade and non-trade)

o  Fund transfer processing to manage disbursements of various bank accounts

o  Confirms BOC payments as delegated in the authority matrix

o  Prepare daily cash report to reflect correct cash position of the Company

o  Manage and assist in bank and credit card transactions related to NPI operations

-         Planning, Analysis and Reporting

Cash

o  Develops basic assumptions and data points for planning and forecasting of cash flow

o  Prepares cash flow with analysis (both direct and indirect method) to aid management in decision making

o  Performs variance analysis on actuals vs forecasted cash flow

o  Ensures timely and accurate submission of treasury reports

General and Admin Expenses

o  Oversee the planning/ forecasting and analysis of G&A spending by cost center

o  Assists the GA Sr. Associate in the G&A reports related to actual result, business planning and rolling forecasts and deep dive with supporting data by cost center and profit center

-         Others

o  Coordinates with the bank for account opening and closure

o  Coordinates with stakeholders for cash/ funding requirements

o  Maintains check register and ensure proper recording of all treasury transactions

o  Establishes and maintains good relationship with the bank and other financial institutions

o  Prepares/ updates policies and desk procedures on treasury processes

o  Supports audit in area of responsibility (internal audit, statutory, BIR etc.)

o  Present initiatives for maximizing interest income, etc.

MINIMUM QUALIFICATIONS:

1.      Education and Certification

-         Bachelors’ degree in Accountancy

-         CPA License required

2.      Experience

-         At least 3 years of experience in treasury operations, cash management, and banking relations

3.      Skills and Competencies

-         Basic accounting knowledge, especially in the financial structure of an organization

-         Experience in bank relations, cash management, planning and forecasting

-         Experienced in ERP Systems (Oracle, SAP, Hyperion, Microsoft Dynamics)

-         Proficient with MS Office Applications (Excel, Word and PowerPoint)

-         Effective communication skills, both in oral and in writing

4.      Physical requirements/Other Requirements

-         Well-disciplined with proven ability to manage multiple assignments under extreme pressure while meeting tight deadline schedules

-         Effectively communicates direction, commits people to action, and conveys complex information in easily understood formats