Assistant Manager - Treasury
About this position
Responsibilities
• Treasury Functions: Oversee daily cash management, funding, and investing activities. Handle interactions with financial institutions to optimize financial operations.
• Loan Facilities: Study and arrange short-term and long-term loan facilities. Review Credit Facility Agreements and related contracts to ensure favorable terms.
• Inter-Company Loans: Prepare and settle inter-company loans. Seek optimum funding choices and ensure the best cost of capital for the company and its subsidiaries.
• Credit and FX Lines: Maintain and arrange credit lines and foreign exchange (FX) lines with financial institutions, handling both local and foreign currencies.
• Reporting: Prepare and manage daily/monthly treasury-related reports, ensuring accuracy and timeliness.
• FX Hedging: Execute foreign exchange hedging strategies to manage currency risk.
• Supervise Overseas Operations: Oversee the opening of Letters of Credit (L/C) and Bill for Collection processes for overseas operations.
• Dividend Payments: Arrange and coordinate the payment of dividends in accordance with company policies.
• Bank Coordination: Coordinate with banks to fulfill treasury requirements, submit necessary documents, and ensure compliance within defined time frames.
• Cash Flow Management: Forecast and manage cash flow to meet daily operational requirements efficiently.
• Additional Duties: Perform other assignments as required by the Treasury Manager or senior management.
Requirements
• Bachelor’s degree in Finance, Accounting, or related fields.
• 5-8 years of experience in treasury functions, daily cash management, funding, investing, and dealing with financial institutions.
• Strong willingness to learn and ability to prioritize tasks.
• Excellent teamwork, planning, interpersonal, and presentation skills.
• Proficient in English and computer literate.
• Experience with ERP systems; SAP background is a plus.