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