Job DescriptionJOB SUMMARY The Treasury Associate supports the Treasury Supervisor in ensuring banking and cash related functions in support of the Food Group’s operating requirements.
DUTIES AND RESPONSIBILITIES:
1) Treasury Management Role
Execution of the foreign exchange transaction such as buy foreign exchange, remittance to suppliers; funding of international operations and receipts from foreign customer.
Responsible for processing telegraphic transfer, payment authorization, and obtaining required letters of credit with supporting information (i.e. expiration, beneficiary, issuing bank, price paid, terms, etc.)
Responsible for processing shipside bond or bank guaranty in the absence of original Bill of Lading.
Ensures accurate and timely processing of forex cash requirement to effectively and efficiently manage forex transactions in coordination with AEV TSG.
Provide advisory on a daily basis to requestors for all foreign currency for all payment made.
Ensure timely, accurate and thorough recording of foreign currency transactions in Oracle.
Maintain and control an organized/secure environment for original treasury documents such as letters of credit, credit agreements, intercompany loans, and all cash management agreements.
Track movements of foreign exchange rates and provide financial market update on forex movements.
And other task/s to be assigned
2) Maintaining Bank Relationship
Assist in the management of banking relationships and maintenance of liquidity lines of credit, including monthly compliance report.
3) Policy and Procedure Maintenance
Adhere to the Company’s overall financial policy.
QualificationsWORK EXPERIENCE
2-3 year experience in banking or 1-2 year experience in Treasury is preferred
EDUCATIONAL REQUIREMENT
A graduate of any of the following degree: Business, Accounting, Finance, or Management Engineering with a superior grade point average.
COMPETENCIES
Strong analytical and mathematical skills with exceptional knowledge and interest of finance, banking, accounting, and economics
Proficient skills using MS Office
Capacity to work well in a fast-paced, changing environment with a high level of flexibility
Excellent communication and listening skills with a proven ability to disseminate information effectively and articulate thoughts in a clear and concise manner to both clients and upper management through written correspondence, presentations and/or meeting
Well organized and must have the ability to manage multiple tasks simultaneously in a cross-functional team environment.
Demonstrated self-starter, continuous learner and independent thinker who is able to work collaboratively with others
Understand bank regulations and compliance of bank requirementsAdditional Informationnull
