Senior Treasury Accountant

Job Summary

Senior Treasury Accountant is responsible to monitor bank accounts, ensure fund availability, monitor cash flow, and record treasury related accounting entries.

Job Responsibilities

Treasury and Bank Accounts

• Monitor the cash funds available in company bank accounts. Generate reports and raise alert to ensure sufficient funds are available to run business operations
• Prepare & share projected cash flow statement on monthly basis
• Maintain relationships with banks. Apply for bank loans as per requirements post approvals, handle all the paperwork, and maintain the loans repayment and finance cost schedules
• Maintain banking documents and monitor expiry dates for letters of credit, lines of credit, term loans, renewals, etc. Handle refinancing process of LC’s
• Maintain and open new bank accounts as instructed. Maintain the master list of bank signers and update as necessary
• Monitor bank service fees, interest, etc. Raise issues with quality of service and escalate if necessary

Process payment

• Process petty-cash payment for requests received from AP through check or wire transfer. Ensure compliance with company policies and procedures
• Ensure and check the supporting documents along with every payment request
• Coordinate with supplier for check handover and verifying all the supporting documents required
• Monitor deposits and withdrawal from bank accounts. Coordinate with cashiers for deposit of cash and maintain cash deposit receipts.

Treasury Accounting and Reporting

• Perform weekly and monthly reconciliations of bank statements and ensure that the ledger balance is a correct representation of the actual cash in banks
• Perform daily and monthly reconciliation of POS collections with bank statements and ERP records; investigate and resolve discrepancies in a timely manner
• Maintain accurate and timely data entry and follow good accounting practices
• Generate periodic cash flow reports and provide analysis to the manager.
• Gather and compile all year-end treasury transactions financial data to audit figures and determine various financial trends