The Treasury Supervisor is responsible for supervising/overseeing the team's functions related to various payment modes (Post Dated Checks (PDC), Auto Debit Arrangement (ADA), remittances, wire transfers, online card payment (OCP), online transfers and bills payment). They ensure timely and accurate receipting of all trade and non-trade collections credited to the bank accounts being managed by the team and that all policies and procedures are strictly complied with.
DUTIES AND RESPONSIBILITIES:
Receipting Supervision
- Monitors and supervises the day-to-day collection process.
- Proper identification of all collections credited to the company's account.
- Timely and accurate receipting of identified credits.
- Timely identification, receipting and fund transfers of all cross deposited collections.
- Timely handling of ADA enrollment and accurate execution of ADA processing.
- Timely handling of all requests for warehousing, holding/redeposit of PDCs.
- Proper review of daily end of day collection reports and unreceipted collections to ensure that all credited collections are properly accounted for and any unreceipted collections have valid issues for non-receipting and are immediately coordinated with concerned departments and bank.
- Complete and timely cancellation of Official Receipts (ORs) due to bounced checks or other issues and immediate notification to concerned departments.
- Monitoring of all credits and debits in the collecting accounts assigned to the team and ensures all are properly accounted for and reported in the daily cash register.
- Timely resolution of outstanding unreceipted credits (URCs) and monitors and intervenes on those that remain unresolved beyond turnaround time (TAT).
- Prompt handling of all concerns, inquiries and complaints of buyers in the Customer Request Monitoring System and coordinates within TCOR team for immediate resolution.
- Timely and accurate submission of Management Reports.
- Monitoring of RF validation and POP issues.
- Coordination with SRS for ATAP/Online Reservation receipting.
Risk Management
- Recommends procedures that will strengthen internal controls for proper safekeeping of assets and for immediate identification of any irregularities.
- Ensures compliance of the team to internal audit and regulatory requirements.
People Management
- Supervises directly a team of Treasury Assistants.
- Supervises and encourages the training and development of existing personnel for personal improvement, increased work efficiency and effectiveness and succession planning.
- Ensures that the team has enough manpower complement to carry out the day-to-day functions.
Records/Document Management
- Proposes enhancements to the existing guidelines, policies and procedures.
- Ensures organized and complete maintenance of files/records related to receipting including supporting attachments such as accountable forms, proofs of payments/basis for receipting, IOM for requested implementation, including soft files of all records, as applicable.
Business Relationship Management (BRM)
Establishes, develops and maintains positive relationships with SMDC Group's existing depository banks.
Maintains and continually creates/fosters a healthy, collaborative, informative and team environment to internal customers.
QUALIFICATIONS:
- Graduate of any Bachelor's Degree program related to Accounting, Banking and Finance, or any other related courses.
- With at least three (3) years of related experience in Cash Operations, Cash Management, or General Accounting - Collections. Experience in handling collections is a must.
- Good communication skills (verbal and written).
- Knowledgeable in Microsoft Office and other software.
- Amenable to work in Pasay City from Monday to Friday, 9 AM to 6 PM.
