Assistant Manager Treasury

The Assistant Treasury Manager is responsible for the overall planning and execution of day to day and period -end treasury activities including managing the company’s cashflow and liquidity. Review cash control design and effectiveness to ensure major risks are mitigated. Review of treasury related processes and recommend process/policy changes/improvements. Work with banking service providers to understand services beneficial to the company and negotiate the service terms.

SPECIFIC RESPONSIBILITIES

Operations
· Facilitates daily treasury operations, provides accurate cash reporting (e.g daily cash position, tagging of cash inflows and outflows necessary for bank reconciliation)
· Assists with bank structure management and risk management activities
· Recommend investment of excess funds
· Act as liaison with the company’s business units in setting up new banking accounts, and services, and handling bank inquiries and related matters
· Prepares inter-company settlements and foreign exchange transactions
· Prepare, monitor, and analyze/optimize the company’s cash position to cover cash commitments and coordinate/optimize the ST borrowing or investment
· Works cross-functionally with the Finance team to identify financial risks, and exposures, and support appropriate risk management programs (controls, financial and adhoc reports as requested)
· Oversee check preparation/disbursement operations to ensure payments on due dates and compliance to internal controls and company policies and procedures
· Ensure that collections and disbursements are intact/deposited, and properly accounted for and recorded.

Reporting
· Assist in the preparation of annual financing plan to determine the financing/investment needs of the company
· Cash Forecast
· Daily Cash Position
· Collection and Disbursement report

PROFILE

Qualifications:
1. Bachelor’s degree in finance or accounting
2. With 5+ years of experience in management accounting and/or treasury.
3. Experience in restaurant concept preferred
4. Strong knowledge in Treasury operations and cash management
5. Strong negotiation skills and understanding of bank relationship management

Competencies
1. High integrity
2. Strong analytical, financial and systems skills including expertise in MS Excel
3. Excellent in oral/ written communication skills
4. Strong organizational and decision-making skills
5. Self-motivated and keen in details
6. Knowledge of cash management principles and banking polies and processes