Treasury Head

JOB OBJECTIVIE:

Responsible for overseeing the company's cash management activities and banking transactions. Manages the day-to-day operational treasury activities and develop treasury management systems to ensure control and internal procedures are adequate.

DUTIES AND RESPONSIBILITIES:

1. Liquidity and Cash Flow Management

· Monitors daily funding and cash position to ensure sufficient liquidity for loan disbursements and operational expenses.

· Manages interbank transfers, placements, and loan availments.

· Prepares and analyzes cash flow forecasts to anticipate funding needs.

· Supervises overall cash inflows and outflows, and facilitates funding requests from banks, investors, or owners.

2. Budgeting and Expense Monitoring

· Reviews and consolidates monthly operating expense budgets across departments.

· Analyzes budget variances and reports utilization to management with actionable insights.

3. Accounts Payable Oversight

· Ensures timely and accurate payments in accordance with agreed terms.

· Monitors aging of payables to avoid delays and penalties.

4. Treasury and Management Reporting

· Prepares and submits weekly cash flow forecasts to the Group Treasurer.

· Reports funding updates and requirements to the Executive Committee.

· Provides Treasury operations updates to the Management Committee.

5. Bank Relations and Credit Line Management

· Requests and negotiates new credit line facilities and ensures timely renewal of existing lines.

· Monitors compliance with financial covenants and average daily balance requirements.

· Coordinates opening and annual updating of current accounts and signatory lists.

· Recommends waivers for penalties due to bank or processing errors.

· Facilitates any requests related to the financing of employee car plan.

6. Asset Security and Documentation Control

· Ensures safekeeping of contracts, cash, checks, post-dated checks, and other accountable forms in the Treasury vault.

· Maintains confidentiality of the vault combination.

· Verifies that all financial transactions are supported by complete and valid documentation.

· Coordinates with Legal and Compliance to ensure contracts meet internal standards and regulatory requirements.

7. Process Improvement and Policy Development

· Recommends and implements cash management policies and systems to streamline operations.

· Proposes policies that safeguard company resources and enhance treasury efficiency.

8. Leadership and Team Management

· Leads and develops the Treasury team by setting goals, assigning tasks, and providing coaching and feedback.

· Conducts performance evaluations and recommends appropriate personnel actions, including hiring, training, and disciplinary measures.

· Ensures staff are trained and updated on new systems, policies, and procedures.

· Reviews and validates treasury reports such as Daily Collection Remittance Report, Petty Cash Replenishment, Deposited Check Report, and Bounced Check Report.

· Addresses borrower inquiries and complaints by coordinating with banks, branches, or relevant parties for resolution.

9. Other Responsibilities

· Performs other related functions as assigned by higher management.

JOB SPECIFICATIONS:

1. Education & Certification

o Must be a Certified Public Accountant (CPA).

2. Work Experience

o Minimum of five (5) years of professional experience in Treasury or Accounting.

o At least two (2) years in a managerial or supervisory capacity.

3. Technical Knowledge & Skills

o Strong understanding of cash handling systems, treasury operations, and related processes.

o Extensive experience in managing credit lines and corporate notes, including renewals, compliance monitoring, and documentation.

o Proficient in policy and procedure evaluation, formulation, and implementation.

o Advanced mathematical, analytical, planning, and organizational skills.

o Highly detail-oriented and meticulous in preparing documentation.

o Computer-proficient, with working knowledge of relevant financial systems and tools.

4. Behavioral Competencies

o Demonstrates a high level of integrity, professionalism, and loyalty.

o Quality- and process-minded, with a proactive approach to problem-solving.

o Possesses strong interpersonal skills; able to collaborate effectively with internal teams and external stakeholders.