Senior Treasury Accountant

SEEK; Kuala Lumpur; On-site; MYR 80,000 - 120,000; Full time

Job summary

A leading technology company in Kuala Lumpur is seeking a Senior Treasury Accountant to manage all aspects of treasury accounting. Responsibilities include month-end reporting, compliance with treasury policies, and providing insights on variances. The ideal candidate should have a strong understanding of derivative products and at least 5 years of relevant experience. This position requires analytical skills and attention to detail, as well as proficiency in financial systems and software applications.

Benefits

Diversity and inclusion culture

Purpose-driven work environment

Opportunities for continuous improvement

Qualifications

• Minimum 5 years’ experience in a treasury accounting role.
• Proven experience with hedge accounting recognition.
• Relevant work experience across APAC is highly desirable.

Responsibilities

• Prepare the month end close process for Treasury.
• Monitor weekly policy compliance.
• Assist with external auditors and regulatory agencies.

Skills

Strong understanding of derivative products

Analytical financial skills

Problem solving

Education

Bachelor's degree in finance or accounting

Tools

ERP systems

Treasury management systems

Microsoft Excel

Job description

Company Description

SEEK operates market-leading online employment marketplaces, including Jobstreet and Jobsdb in Asia. SEEK has been helping people live more fulfilling and productive working lives and helping organisations succeed for over 25 years.

Founded and headquartered in Melbourne, Australia, SEEK has grown into a multinational technology company with over 3,300 employees and is listed on the Australian Securities Exchange.

SEEK’s presence spans Australia, New Zealand, Hong Kong, Indonesia, Malaysia, the Philippines, Singapore and Thailand. Additionally, SEEK has minority investments in employment marketplaces in China, South Korea and Bangladesh.

SEEK develops and applies innovative data and technology tools to facilitate high-quality matching and improve reliability of marketplace information.

In 2021, 2022, 2023 and 2024, SEEK was recognised as one of Australia’s Top Ten Places to Work in Technology in the AFR BOSS Best Places to Work awards. SEEK was also named a 5-Star Employer of Choice by HRD Asia in 2024 and won four accolades at TalentCorp’s Life at Work Awards 2023 in Malaysia.

The Role

The Senior Treasury Accountant will be involved in all aspects of treasury accounting including month end accounting of all treasury transactions and reconciliation of key accounts, financial reporting, and Board and Audit Risk Management Committee reporting and ensuring compliance with Treasury Policy. The ideal candidate will have a strong understanding of derivative products and hedge accounting, including FX risk management, and be a detail-oriented and analytical finance professional to play a key role in managing the organization's financial resources and ensuring accurate and timely reporting.

The Team

• establishing and maintaining relationships with external financiers;
• maintaining treasury policy guidelines;
• hedge strategy and implementation;
• maintenance of treasury processes, systems and controls;
• transaction confirmation, settlement and execution;
• related forecasting and analysis.

Job Description

• Prepare the month end close process for Treasury, ensuring accurate and timely recording of all treasury transactions within the General Ledger and complete reconciliations
• Prepare the monthly FX and interest P&L management reports and provide insights on material variances
• Prepare hedge accounting activities in accordance with accounting standards including documentation of hedge relationships and provide advisory support on hedge accounting queries as they arise.
• Monitor weekly policy compliance, including deal confirmations and dealer limits
• Prepare interest budgets and forecasts
• Prepare the monthly Treasury management pack and quarterly Audit Risk Management Committee reporting and provide insights on Treasury performance monthly/quarterly.
• Prepare external financial reporting requirements pertaining to Treasury, including Treasury related Financial Statement notes.
• Co-ordinate the preparation of the semi-annual covenant reporting including the preparation of Treasury related items.
• Assist in developing and implementing treasury accounting policies, procedures, and controls to ensure compliance with accounting standards and regulatory requirements and Treasury policy
• Assist with external auditors and regulatory agencies to support audits, reviews, and inquiries related to treasury accounting and reporting.
• Monitor and analyse changes in accounting standards and regulations related to treasury activities and ensure timely implementation of any required updates or changes.
• Identify opportunities for process improvements and efficiency enhancements within the treasury accounting function, and support initiatives to implement changes
• Act as treasury accounting SME to support system changes, integrations, and enhancements.
• Collaborate with internal stakeholders, including accounting, tax and operational teams, to support treasury-related initiatives and ad hoc projects where required.

Qualifications

The successful candidate will have:

• Professional accounting, finance or relevant professional accounting or equivalent
• Minimum 5 years’ experience in a treasury accounting role
• Proven experience of accounting standards, importantly hedge accounting recognition and measurement for cashflow hedges and net investment hedges.
• Strong understanding of derivative instruments including foreign currency swaps and forwards, interest rate swaps and cross currency interest rate swaps.

Other Qualifications, Skills and Experience

• Relevant work experience across APAC is highly desirable
• Detailed-oriented and analytical thinker
• Able to work collaboratively in a team environment.
• Demonstrate exceptional problem solving and organizational skills.
• Possess a process improvement mindset, with a track record of identifying and executing on continuous improvement initiatives
• Self-motivated and quick thinking with positive attitude.
• Bachelor's degree in finance, accounting, or a related field
• Proficiency in financial systems and software applications, with experience in using ERP systems, treasury management systems and Microsoft Office Suite, especially Excel and PowerPoint
• Excellent communication, and interpersonal skills
• Ability to work effectively in a fast-paced, dynamic environment and to tight timelines

Additional Information

At SEEK, we are passionate about fostering a culture of inclusion and wellbeing that embraces and values the diversity of our people. We are a purpose driven business that works with heart.

We know teams with diverse ideas, experiences and perspectives are more creative and are critical to ensuring effective delivery and innovating to enable our future success. As such, we welcome applications from people with a diverse group of backgrounds and life experiences, especially as they relate to gender, sexual identity, culture, faith, disability and life stages. If you have the skills, curiosity and an adaptable approach but don't meet every responsibility or qualification listed in this advertisement, please still get in touch with us.

SEEK is committed to operating sustainably and is preparing for the impacts of climate change and the transition to a low-carbon future, and is working to minimise its environmental impacts which includes a long-term emissions reduction target of net zero by FY2050.