Job Summary:
The Treasury Officer is responsible for the timely and accurate monitoring and reporting of all cash management transactions and funds consolidation. This includes preparing and analyzing cash position and cash pooling reports. The officer also assists in managing investments for excess funds and is responsible for accurately and promptly executing foreign and local bank payments.
Qualifications:
1. A graduate of Bachelor/s degree in Commerce, Economics or Finance
2. With working experience in Banking, Finance and/or related field
3. With high preference for those who passed the Treasury Certification Program or Treasury Operations Certification Program
4. New graduates are welcome to apply.
Job Scope and responsibility:
Planning
- Budget monitoring
- Interest income monitoring
Cash Position Preparation and Reporting
- Daily analysis and monitoring of all cash management-related transactions, including collections, payments, and fund transfers
- Funds Pooling and Consolidation
- Facilitates the sweeping of funds from various bank accounts for disbursement purposes
- Transmits fund transfer instructions via electronic banking systems or manual forms
Short-term Fund Management and Foreign Exchange Deal
- Coordinates with counterparty banks
- Canvasses rates for time deposit placements and foreign exchange transactions
- Submit pertinent supporting documents
Feedback and Issue Resolution
- Manages the monitoring and tracking of feedback and issue resolution in relation to Cash Management transactions
- Coordination with counterparties and concerned parties to resolve issues
Manages the processing and validation of foreign and local requests for bank payment execution
- Telegraphic transfers
- Cross Border Transfers
- Domestic Transfers
- Cash withdrawals for travel fund
- Letter of Instructions for Time Deposit placements, Foreign Exchange deals, Government Securities, Corporate Bonds and USD-denominated bonds
- Manager's check
- Check preparation
- Payment to BIR, PhilHealth, Pagibig and SSS
- Other electronic payments
Bank Reconciliation
- Monitors managed GL account and escalates to concerned unit for proper and timely resolution
- Checks accuracy and completeness of all accounting entries within the given cut-off
- Reviews documents, proof sheets, and reports in a timely and accurate manner
Account Analysis and Reporting
- Cash Position Report
- Cash Pooling/Fund Transfers
- Other-related Cash Management Reports
Compliance
- Complies with the existing policies and control procedures and performs other tasks for the accomplishment of the Department's goals
- Submit regulatory reports before the deadline
Administrative
- Secure official receipts/ sales invoices and 2307 from vendors and suppliers
- Update annually bank requirements such as Customer Information Form and Signature Cards
