- 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 none wholly owned subsidiaries
- To monitor the funds movement to ensure fund transfers are executed within the bank cut-off time
- 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
- 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
- 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
- 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
- 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
- As and when as required by superior such as preparation of documentation for opening of new bank account
Executive, Treasury - Petaling Jaya, Malaysia - Hastings Deering
2 weeks ago
Description
Company :
Sime Darby Auto Bavaria Sdn. Bhd.Daily Funding:
Borrowings:
Financial Instruments:
Hedging:
Journal Entries:
Documentation:
Ad-Hoc Matter:
Build Your Future with Sime Darby Motors
About us :
Sime Darby Motors is the automotive arm of Sime Darby Berhad and is involved in the retail, distribution and assembly businesses. It has operations in nine markets across the Asia Pacific region. With over 40 years of experience, Sime Darby Motors is a major industry player in the Asia-Pacific region. Sime Darby Motors currently represents 30 brands, ranging from luxury brands (such as BMW, McLaren and Rolls Royce) to various mass market brands like Ford, Peugeot and Hyundai, and trucking names like Hino and Mack.