treasury assistant

Operations Functions

1. Budgeting

· Daily checking of bank accounts' beginning balances

· Consolidation of all payables and other fund requirements

· Proposing amount to fund to cover all requirements per bank

1. Branch Funding and Sub-agent Replenishment

· Generates from iCash the total funding requirements/replenishment of USSC branches and sub-agents

· Process the replenishment and funding through online fund transfer

· Posting of processed funding/replenishment in iCash

1. Cashiering

· Preparation of checks to fund USSC accounts, payment to suppliers and other dues

· Monitors all issued and outstanding checks for proper allocation of funds

· Preparation of bank forms (RTGS, PDDTS, FXTT, BDA, Trading LOI)

· Handling of Petty Cash (Disbursement, Liquidation, Replenishment)

· AR/OR Issuance

· Managing and Monitoring Pre-signed Documents

· Safekeeping and monitoring of financial documents

1. Documentation

· Overall Documentation-Covers all types of documents as needed and required by banks, regions/branches and management

· User, Bank Account and Bank Facility Enrollment, Updating, Deletion

1. Accounts Reconciliation

· Recording of Treasury Transactions in iCash

· Accounting for all items in bank statement vs iCash

· Releasing of end-of-day Recon Report

1. Handling Money Changing Business (MCB) and Other Forex Transactions

· Daily checking of MCB and Inhouse foreign exchange rates. Facilitates rate adjustment request as necessary.

· Daily reviews of FX rates using online sites and readings. Prepares comparison report of USD rates among local and international financial institutions. Includes daily monitoring of counterparties 3rds indicative rates.

· Facilitates updates of USD online rates on website.

· Facilitates the timely trading of 3rd currencies through accredited traders of the company. Handles negotiation of rates upon dealing. Pertinent documents and reports are prepared and filed.

· Prepares weekly, monthly and quarterly reports for MCB.

· Monitors market movement and researches relative to new releases and updates of local and foreign currencies including security features of the notes. And make necessary updates, adjustments to the current procedures and system if necessary.

Qualifications

• Preferably near Cubao, Quezon or within Quezon City.

· Bachelor's degree in finance, Accounting, or related field

· Knowledge of correspondent bank operations and treasury back-office processes

· Thorough knowledge of all regulatory requirements and compliance issues as related to area of responsibility

· Strong analytical and interpersonal skills

· Proficient in Microsoft Office (Excel, Word, PowerPoint); experience with financial systems and online banking platforms preferred

· Ability to work under pressure

· High level of attention to detail and integrity