Position: 

Executive, Treasury

Job Purpose:

To assist, monitor and support the running of the treasury operation within the entire Motors Malaysia businesses and the compliance to the Group Treasury framework.

Job Content:

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 non 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

Education / Professional Qualifications

• Degree in Accounting/ Finance related studies

Professional Experience

• Minimum 2 years of experience in related field

• Knowledge in Microsoft applications such as Microsoft Words and Microsoft Excel

• Knowledge in Avangard system will be an advantage

• Previous accounting or finance experience in a multi-national company is highly desirable