Treasury Manager

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Be PART of one of the FASTEST-growing automotive brands here in the Philippines!

The EXCLUSIVE distributor of FOTON trucks, Chery Auto, Radar Evs, and BAIC here in the Philippines needs a Treasury Manager!

Primary Responsibilities

Manage all day-to-day treasury operations: maintain healthy liquidity, execute accurate and timely deposits and disbursements, ensure completeness and compliance of all bank documents and communications, and perform timely bank reconciliations to guarantee full cash accuracy and control.

Major Responsibilities

• Oversee daily cash balances across all bank accounts to maintain accurate, up-to-date cash position, and proper allocation of funding requirements.
• Prepare and update short-term and medium-term cash flow forecasts to ensure sufficient operating funds.
• Optimize cash concentration and minimize idle balances.
• Review and validate cash and checks for deposit.
• Ensure timely deposit of all collections within agreed SLA (same-day of next business day).
• Monitor check clearing status, track returned/dishonored checks, and coordinate to parties involve for prompt re-collection.
• Monitor and report to management the daily bank foreign exchange rates (USD & CNY), loan interest, time deposit, and FSL rates
• Manage dealings with banks on purchasing other currencies (USD & CNY)
• Monitor timely processing of remittances/payables for both local and offshore
• Check the prepared CRF (Check Request Form) for all scheduled telegraphic transfers
• Check the completeness and accuracy of details written in the telegraphic transfer forms before forwarding to authorized signatories
• Check and validate the accuracy of received cable copies as proof of successful transaction. before sending to requestor
• Monitor loan standing and negotiations with banks
• Maintain complete, accurate, and up-to-date records of all bank documents: account opening forms, signatory mandates, board resolutions, loan/facility agreements, and fee schedules.
• Serve as primary liaison with banks: negotiate favorable fees, interest rates, service levels, and resolve inquiries/issues efficiently.
• Ensure 100% compliance with treasury policies, delegated authority, banking regulations, audit requirements, and internal controls.
• Manage end-to-end payment processing: verify payment requests, validate supporting documents, monitor approval status, and ensure proper monitoring of transaction details.
• Ensure accurate and on-time release of all disbursements (suppliers, payroll, taxes, utilities, expenses) to avoid penalties, late fees, or damaged credit standing.
• Prevent duplicate, incorrect, or unauthorized payments through strict review and segregation of duties.
• Optimize payment channels to reduce transaction costs and improve processing speed.
• Ensure timely and accurate reconciliation of all bank accounts.
• Investigate, resolve and account all reconciling items.
• Use reconciliation findings to identify process gaps, errors, or potential fraud and implement corrective actions.
• Monitor payment validations done by the team as reflected in the passbook and/or online banking
• Custodian of the Department's contingency fund
• Check and approve liquidation, reimbursement, and replenishment of the Department's petty cash fund
• Review of Department's budget requirement for the following year through forecasting
• Prepare memorandum to enhance processes and controls with other Departments
• Develop internal processes and controls to improve operations
• Prepare table of organization, job description, KRA, KPI, and performance evaluation for all the staff and interns
• Provide administrative support to the Treasury Department, including scheduling and filing.
• Conforms to the standard operating procedures and necessary requirements of ISO 9001 Quality Management System.
• Performs other tasks that may be assigned by Immediate Superior and VP for Finance.
  
  

Qualifications

• Bachelor's Degree related to Finance.
• With strong background in Accounting / Treasury, preferably on operation and disbursements.
• With experience on handling people for at least 2 years.
• Demonstrates computer literacy and proficiency in Microsoft Office applications.
• Has the ability to analyze information, is keen to details, and can perform tasks with minimal supervision.
• Trustworthy, self-motivated, and demonstrates a sense of urgency to take action.
  
  

Working pattern and location:

• Join Date: ASAP
• Employment Type: Full-time Employee
• Work Location: On-site
• Working Hours: 45 hours, 5 days per week (7:30 AM to 5:30 PM)
• Workdays: Monday - Friday
• Location: 728 A. Bonifacio Ave., Balintawak, Quezon City, Philippines