Treasury Executive

The Treasury Executive/Snr Executive plays a critical role in supporting the Treasury Manager with all treasury-related activities, ensuring the effective coordination of the Company's group financing operations.

Key Responsibilities

1. Remittance Transaction Management:

• Process all remittance transactions efficiently.
• Reconcile and verify all incoming and outgoing remittance applications, ensuring completeness and proper accounting by the end of the day.
• Act as a central point of contact for all transaction-related issues, following through until resolution.

2. KYC Compliance Support:

• Assist in ensuring compliance with Know Your Customer (KYC) requirements for all corporate bank accounts, facilitating necessary documentation and processes with banks.

3. Cash Transaction Recording:

• Accurately record daily cash transactions and ensure they are updated in the company’s ledgers in a timely manner.

4. Fixed Deposit Management:

• Oversee the management of both existing and new Fixed Deposits, including obtaining internal approvals and liaising with banks for smooth execution and tracking.

5. Liquidity and Cash Position Management:

• Monitor daily liquidity movements to identify risks and ensure sufficient liquidity for smooth business operations.
• Execute internal foreign exchange (FX) transactions across companies as needed.
• Participate in reviewing and analyzing cash positions and cash flow forecasts for offshore entities, ensuring effective cash management across all legal entities.
• Prepare and present monthly and quarterly treasury reports that detail liquidity, cash positions, and forecasts.

6. Offshore Treasury Activities:

• Manage all treasury-related activities for offshore corporate entities, including banking and debt management.
• Ensure effective daily cash flow positioning and ensure funds are available for smooth operations.
• Reconcile bank accounts, troubleshoot transaction issues, and execute foreign currency transactions when necessary.

7. Financing Proposal Support:

• Assist the Treasury Manager in sourcing financing proposals from banks and financial institutions to meet the company’s financing needs.

8. General Administrative and Ad-hoc Support:

• Provide administrative support to the treasury department.
• Assist with other ad-hoc tasks or projects as assigned.

Key Skills and Qualifications:

Educational Background:

• Diploma or Degree in Accountancy/Finance or a related field.
• Equivalent working experience in the banking industry dealing with treasury functions will also be considered.

Language Skills:

• Fluency in Chinese (both written and spoken) is required for communication with relevant stakeholders.

Experience:

• KYC Experience - Prior experience in KYC processes in the banking industry is a plus, as it supports compliance and regulatory activities.
• Corporate Secretariat Experience - Experience in corporate secretariat work is advantageous, as it may relate to governance, compliance, and corporate reporting.
• Foreign Exchange Management - Prior experience in managing multiple foreign exchange (FX) currencies is preferred, ensuring effective cross-border treasury operations.

Key Attributes and Skills:

• Attention to Detail: High level of attention to detail is required to accurately manage and reconcile transactions, ensuring compliance and precision in Treasury records.
• Independent and Resilient: Ability to work autonomously, manage multiple tasks, and remain resilient under pressure, especially when handling tight deadlines.
• Team Player: While independent, the role requires collaboration within the team and across departments, showing flexibility and the ability to contribute to team success.
• Communication Skills: Strong communication and interpersonal skills to confidently liaise with internal and external stakeholders, and discussions during meetings.
• Multitasking Ability: Capable of handling multiple tasks simultaneously, working under pressure, and adhering to tight timelines, especially during project phases while managing daily responsibilities.
• Disciplined and Organized: A disciplined approach to work, particularly for housekeeping tasks, tracking transaction deadlines, and maintaining organized records.

The Treasury Executive/Snr Executive plays a critical role in supporting the Treasury Manager with all treasury-related activities, ensuring the effective coordination of the Company's group financing operations.

Key Responsibilities

1. Remittance Transaction Management:

• Process all remittance transactions efficiently.
• Reconcile and verify all incoming and outgoing remittance applications, ensuring completeness and proper accounting by the end of the day.
• Act as a central point of contact for all transaction-related issues, following through until resolution.

2. KYC Compliance Support:

• Assist in ensuring compliance with Know Your Customer (KYC) requirements for all corporate bank accounts, facilitating necessary documentation and processes with banks.

3. Cash Transaction Recording:

• Accurately record daily cash transactions and ensure they are updated in the company’s ledgers in a timely manner.

4. Fixed Deposit Management:

• Oversee the management of both existing and new Fixed Deposits, including obtaining internal approvals and liaising with banks for smooth execution and tracking.

5. Liquidity and Cash Position Management:

• Monitor daily liquidity movements to identify risks and ensure sufficient liquidity for smooth business operations.
• Execute internal foreign exchange (FX) transactions across companies as needed.
• Participate in reviewing and analyzing cash positions and cash flow forecasts for offshore entities, ensuring effective cash management across all legal entities.
• Prepare and present monthly and quarterly treasury reports that detail liquidity, cash positions, and forecasts.

6. Offshore Treasury Activities:

• Manage all treasury-related activities for offshore corporate entities, including banking and debt management.
• Ensure effective daily cash flow positioning and ensure funds are available for smooth operations.
• Reconcile bank accounts, troubleshoot transaction issues, and execute foreign currency transactions when necessary.

7. Financing Proposal Support:

• Assist the Treasury Manager in sourcing financing proposals from banks and financial institutions to meet the company’s financing needs.

8. General Administrative and Ad-hoc Support:

• Provide administrative support to the treasury department.
• Assist with other ad-hoc tasks or projects as assigned.

Key Skills and Qualifications:

Educational Background:

• Diploma or Degree in Accountancy/Finance or a related field.
• Equivalent working experience in the banking industry dealing with treasury functions will also be considered.

Language Skills:

• Fluency in Chinese (both written and spoken) is required for communication with relevant stakeholders.

Experience:

• KYC Experience - Prior experience in KYC processes in the banking industry is a plus, as it supports compliance and regulatory activities.
• Corporate Secretariat Experience - Experience in corporate secretariat work is advantageous, as it may relate to governance, compliance, and corporate reporting.
• Foreign Exchange Management - Prior experience in managing multiple foreign exchange (FX) currencies is preferred, ensuring effective cross-border treasury operations.

Key Attributes and Skills:

• Attention to Detail: High level of attention to detail is required to accurately manage and reconcile transactions, ensuring compliance and precision in Treasury records.
• Independent and Resilient: Ability to work autonomously, manage multiple tasks, and remain resilient under pressure, especially when handling tight deadlines.
• Team Player: While independent, the role requires collaboration within the team and across departments, showing flexibility and the ability to contribute to team success.
• Communication Skills: Strong communication and interpersonal skills to confidently liaise with internal and external stakeholders, and discussions during meetings.
• Multitasking Ability: Capable of handling multiple tasks simultaneously, working under pressure, and adhering to tight timelines, especially during project phases while managing daily responsibilities.
• Disciplined and Organized: A disciplined approach to work, particularly for housekeeping tasks, tracking transaction deadlines, and maintaining organized records.