Job Description

Role Purpose

• To provide treasury support to business units, visibility, understanding and issue resolution for the Treasury function and facilitate the delivery of applicable Treasury initiatives/projects.
• Under the guidance of the Regional Treasury Manager, the incumbent needs to help deliver and then maintain solutions and processes that facilitate the business in line with the overall objectives of the Treasury Expert Function.
• To support business on banking transactions and ensure appropriate accounting, reconciliation and reporting of business transactions/ financial position in banking space.
• The post holder will need to Business Partner with a diverse group of teams at market level.

Key Accountabilities

Monitor Cash flow position & forecasting

• Monitor actual daily bank balances of all banks accounts
• vendor, payroll, tax, social security payments etc
• Transfer of excess cash to fixed deposit and withdraw when fund is required
• Obtain information from different departments and prepare cashflow forecast

Foreign exchange

·       Arrange foreign exchange contracts with banks, prepare and provide supporting document required by banks

Process Letter of credit and bank guarantees

• Draft and Application of Letter of Credit based on request from Procurement team who will confirm with Suppliers
• Confirmation with procurement team and arrange signing of acceptance document for letter of credits
• Draft and application of Bank Guarantee based on request from Procurement team who will confirm with suppliers
• Follow up with banks for issuance of letter of credits and bank guarantees

Treasury Reporting

• Report bank balances to Group Treasury on Team
• Enter FX transactions, manual fund transfers, dividend payment, bank guarantees in Treasury management system
• Prepare monthly analysis of exchange difference

Treasury administration

• Arrange signing of facility renewal letters
• Opening and closing of bank accounts, maintain updated bank mandate, prepare documentation and arrange signing for addition and removal of bank authorized signatories
• Arrange document required and prepare dividend payment
• Prepare and arrange signing of forms for addition / removal of corporate credit cards for managers
• Other Ad Hoc Assignments as required from time to time

Payments management

• Preparation, arrangement and submission of documents to bank for Overseas payment
• Payment of Corporate tax, Personal income tax and Withholding tax upon request from Tax expert services
• Creation of Early payment and Manual payment proposals (eg., Import taxes, Social security, Trade union and other payroll related liabilities), including fund management
• Payment execution and Payment accounting/clearing in SAP - Manual and LC payments

Bank accounting and reconciliation

• Bank statement processing, Open items clearing & follow-up, Bank charge accounting and Bank reconciliation - Vietnam, Cambodia and Malaysia
• Local reporting - Report on account usage to Cambodia state bank

Other Operational responsibilities

• Monthly exchange rate report and execution of FX revaluation run
• Safe keep of Stamp and Documentation of payment documents
• Handling of Corporate credit card requests and organise/coordinate the same