ASSISTANT TREASURY MANAGER

The position is responsible for the management of all Contract To Sell (CTS) related activities such as facility documentation, availment and settlement ensuring there is adequate and complete transaction documentation, error-free computations, sufficient funding and on-time payment of accounts when they fall due for SMDC and its subsidiaries (SMDC Group). He/She is also responsible for the management and monitoring of actual utilization of the section’s approved budget.

1. Treasury Operations (TO)

• Communicates with concerned creditor bank with regards to request for Statement of Account (SOA), Official Receipt (OR), reconciliation of outstanding CTS financing balances on a monthly basis and reconciliation of accounts for CTS financing.

• Sets parameters in the Criteria Maintenance of the Funds Management Portal (FMP) on a weekly basis during availment period for the qualification of accounts for CTS financing.

• Reviews the revalidated accounts for CTS financing in the FMP and forwards the same to authorized signatories for final approval.

• Confirms the veracity of computations of principal/interest due, interest accrual and interest rebate on prepayment, if any, on settlement of CTS financing accounts.

• Handles coordination of CTS financing related matters such as CTS financing-ITH Availment calendar, disqualified accounts for revalidation to concerned departments.

• Complies with the requirement of the bank to submit the duly signed Certification of Pre-Payments for settled CTS financing accounts through coordination with BCD;

2. Corporate Finance Management (CFM)

• Manages the preparation and on-time submission of required documents during application for new CTS financing facility and its renewal through coordination with other departments.

3. Financial Risk Management (FRM) • Handles the annual submission of required documents in compliance with the developer’s continuing obligations. • Consolidates the annual budget of the section and monitors utilization of assigned specific expenses and ensures that everything is within approved budget.

4. People Management (PM) • Oversees the work of Treasury Assistants on all CTS financing related transactions and reporting and ensures that everything is carried out properly according to set turn-around time and follows established procedures and policies. • Attends coordination meetings related to CTS financing when requested and provides valuable inputs and feedback thereafter.

5. Records/document Management (DM) • Performs the initial review of the CTS Financing Memorandum of Agreement (MOA) before the same is forwarded to Legal Department for further review and comments.

• Manages and maintains complete and accurate consolidated monitoring of outstanding CTS financing accounts through the use of the Funds Management Portal (FMP) and ensures that ending balances of all outstanding accounts are properly reconciled with the concerned creditor bank and Accounting Department on a monthly basis.

• Guarantees the organized and complete maintenance of all files/records on all CTS financing related transactions such as but not limited to MOA, Marketing Agreement, APR/DOA, SPA, proof of transactions e.g. ORs, RFLAs to name a few and the regular uploading of CTS Financing MOA and related documents to Share point

6. Business Relationship Management (BRM) • Maintain regular communication with creditor banks on CTS financing related matters and concerns.

7. Others

• Checks and ensures the timely submission of reportorial requirements of the Unit (Annex A).

• Performs other task or special projects related to his/her roles and position within the department. 

Graduate of Business course preferably Accountancy, Banking and Finance.

With at least 5 years of solid managerial experience in Finance or Treasury in the same capacity.

With good interpersonal & collaboration skills;

Can communicate effectively with different levels of the organization

Team player and possess good persuasion skills

Proficient in oral and written communication skills;

Possess good presentation skills

With good planning, organization and execution skills;

Organized and goal oriented, should be proactive, focused and driven Can handle various tasks simultaneously even under pressure and Detail oriented

Detail oriented With good problem- solving and decision making skills Should be analytical, with good numerical skills and resourceful