Accounts Executive (Banking & Treasury Operations)

Randstad; Klang City; On-site; MYR 40,000 - 60,000; Full time

Job summary

A recruitment agency is looking for an Accounts Executive to manage banking and treasury operations. The role involves daily monitoring of cash flow, managing fund transfers, ensuring compliance with trade and tax regulations, and overseeing accounts receivable. Candidates should have at least a Bachelor's degree in Finance or related field and a year of experience in accounting or finance. This position is based in Klang City, Selangor, Malaysia and does not require additional skills or qualifications.

Qualifications

• Candidates must possess at least a Diploma or Bachelor's Degree in Finance, Business Studies/Administration/Management or equivalent.
• At least 1 year of working experience in the related field.
• Experience specializing in Accounts or equivalent is preferable.

Responsibilities

• Monitor daily cash flow and prepare cash flow projections.
• Handle bank administration and open bank accounts.
• Manage fund transfers and trade finance matters.
• Oversee compliance with tax and trade regulations.
• Monitor daily collections and manage accounts receivable.

Education

Bachelor Degree

Job description

Accounts Executive (Banking & Treasury Operations)

• Cash Flow Monitoring: Daily monitoring of the cash flow position and preparing the cash flow projection.
• Fund Management: Cash flow planning for payments, fund transfers, and the placement of short-term deposits.
• Bank Administration: Handling the opening of bank accounts, application for bank facilities, preparation of board resolutions, and coordination of the bank's annual review.
• Reconciliation: Passing / checking of bank vouchers, bank charges, interest on CCSP/FD, and commitment fees.
• Fund Transfers: Preparing payment instructions for MHSPL/MSPL.
• Trade Finance: Managing FCTL drawdown (comparison of interest rate and repayment) and BA drawdown and repayment.
• Guarantees & Deposits: Managing BG application and renewal and FD placement and renewal.
• FX Monitoring: Monitoring exchange booking, updating payments for FX exchange in SOP, and confirming Forex Contracts booked by Comm.
• FX Utilization: Utilizing exchange for settlement of FCTL loan and payment to Metdist.
• Export Proceeds: Managing Export Proceeds under FEA Rules, giving instruction letters for conversion of export proceeds, and monitoring funds credited into FCA accounts.

Trade & Tax Compliance Support

• Checking GST payment for import of cathodes and duty payment of copper rod.
• Monitoring the export of wire and import of rod on duty drawback.
• Managing duty drawback claims.

Accounts Receivable (AR) & Supporting Functions

• Daily monitoring of debtors ledger.
• Insurance: Monitoring renewal dates, comparing premiums, updating insurance schedules, and preparing documents for insurance claims.
• Company Vehicles: Tracking car insurance expiry, renewal of road tax, and preparing documents for vehicle disposal.

Essential Requirements

• Education: Candidate must possess at least a Diploma or Bachelor's Degree in Finance, Business Studies/Administration/Management or equivalent.
• Experience: At least 1 year of working experience in the related field.
• Specialization: Experience and specializing in Accounts or equivalent is preferable.

Skills

no additional skills required

Qualification

no additional qualifications required

Education

Bachelor Degree