Job Description

Daily Funding: To attend to Operating Units for funds request for payments To obtain daily bank balances of all bank accounts for all Operating Units and to execute funds transfer from one account to another To ensure the bank balance of each bank account is maintained at minimal level To do placement for any excess cash in the bank account especially for none wholly owned subsidiaries To monitor the funds movement to ensure fund transfers are executed within the bank cut-off time Borrowings: To prepare and create documentation for external borrowings i.e. Bankers Acceptance and Revolving Credit as and when funds are inadequate To negotiate and get the best rates from bank for external borrowings To monitor intercompany loans between the parent company and subsidiaries to ensure the movement is within the limit Financial Instruments: To raise application of Letter of Credit and Bank Guarantee for Operating Units within timeframe To maintain Letter of Credit Register and Bank Guarantee Register to ensure easy monitoring To notify Operating Units on Bank Guarantee near to its expiry on a monthly basis Hedging: To execute hedging requests submitted by Operating Units To negotiate and get the best rates from banks for hedging To maintain hedging worksheet list to ensure outstanding foreign currency exchange contracts are settled on the maturity date Journal Entries: To raise journal for transactions performed in daily funding To send out journals to Operating Units and to indemnify any issues arisen from journals raised To take prompt action in journal should there be any outstanding items transacted by Treasury in bank reconciliation Documentation: To deal with despatches from Operating Units to ensure documentation to/from Operating Units are received on a timely basis To arrange filing such as for monthly bank statement, bank advice and journal to ensure easy monitoring in documentation Ad-Hoc Matter: As and when as required by superior such as preparation of documentation for opening of new bank account

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