Treasury Accountant

Nnit A/S; Makati; Hybrid; PHP 550,000 - 750,000; Full time

Benefits offered by this job

13th month pay

Performance bonus

Rice subsidy

HMO for employee and dependents

Vacation leaves and sick leaves

Hybrid setup

Job summary

NNIT Philippines is seeking a Shared Service Treasury Accountant to manage daily treasury operations, bank postings, and intercompany reconciliations from its Makati hub. The role supports cash forecasting, internal controls, and timely payments within established policies.

Ideal candidates have 2–4 years in treasury or cash management, ERP experience (D365/SAP/Oracle), and advanced Excel skills to deliver accurate cash movement analysis and reports for management.

Qualifications

• Bachelor’s degree in Accountancy, Finance, or related field.
• CPA designation is an advantage.
• Minimum 2–4 years of experience in Treasury, General Accounting, or Cash Management.
• Experience using ERP systems (e.g., Microsoft Dynamics 365, SAP, Oracle, or similar).
• Strong understanding of bank reconciliations, cash management, payment processing, and intercompany accounting.
• Advanced Microsoft Excel skills.
• Excellent analytical, organizational, and communication skills.

Responsibilities

• Record and post daily bank transactions accurately in the ERP system for all assigned bank accounts.
• Ensure timely and accurate recording of receipts, payments, bank charges, interest income, and other bank-related transactions.
• Investigate and resolve discrepancies between bank records and accounting records.
• Perform monthly bank reconciliations for all non-Nordea bank accounts.
• Investigate and clear outstanding reconciling items on a timely basis.
• Coordinate with internal stakeholders and banking partners to resolve unidentified transactions.
• Prepare and process manual payments in accordance with company policies and approval limits.
• Validate supporting documentation before payment execution.
• Ensure urgent and exceptional payments are processed accurately and within required timelines.
• Serve as the second approver for electronic payment transactions in accordance with the company’s authorization matrix.
• Verify payment details, supporting documents, bank information, and approval completeness before releasing payments.
• Ensure compliance with segregation of duties and internal control requirements.
• Process intercompany fund transfers and settlements accurately and on schedule.
• Perform monthly reconciliation of intercompany balances.
• Coordinate with affiliate finance teams to investigate and resolve reconciling differences.
• Ensure intercompany balances are accurately reflected in both subsidiary and general ledger accounts.
• Prepare weekly and monthly cash flow forecasts.
• Monitor actual cash inflows and outflows against forecast.
• Coordinate with Accounts Receivable, Accounts Payable, Payroll, and General Ledger teams to ensure forecast accuracy.
• Identify potential cash shortages or excess funds and communicate recommendations to management.
• Ensure treasury transactions comply with company policies, internal controls, and financial procedures.
• Maintain complete documentation supporting treasury activities.
• Assist during internal and external audits by providing treasury-related schedules and documentation.
• Support continuous improvement initiatives for treasury processes and payment automation.
• Prepare treasury reports including: Daily cash position reports, Cash flow forecast reports, Intercompany reconciliation schedules, Provide analysis of cash movements and significant variances to management

Skills

ERP experience

Bank reconciliations

Cash management

Advanced Excel

Analytical skills

Attention to detail

Communication skills

Teamwork

Education

Bachelor's degree in Accountancy/Finance

CPA designation (advantage)

Tools

Microsoft Dynamics 365

SAP

Oracle

Job description

The Shared Service Treasury Accountant is responsible for managing the company’s daily treasury operations, ensuring the accurate recording of bank transactions, timely execution of payments, reconciliation of bank and intercompany accounts, and preparation of cash flow forecasts. The role supports effective cash management while ensuring compliance with internal controls, company policies, and financial reporting requirements.

Key Responsibilities:

1. Bank Transaction Processing

• Record and post daily bank transactions accurately in the ERP system for all assigned bank accounts.
• Ensure timely and accurate recording of receipts, payments, bank charges, interest income, and other bank-related transactions.
• Investigate and resolve discrepancies between bank records and accounting records.
• Perform monthly bank reconciliations for all non-Nordea bank accounts.
• Investigate and clear outstanding reconciling items on a timely basis.
• Coordinate with internal stakeholders and banking partners to resolve unidentified transactions.

3. Manual Payment Processing

• Prepare and process manual payments in accordance with company policies and approval limits.
• Validate supporting documentation before payment execution.
• Ensure urgent and exceptional payments are processed accurately and within required timelines.

4. Payment Approval

• Serve as the second approver for electronic payment transactions in accordance with the company’s authorization matrix.
• Verify payment details, supporting documents, bank information, and approval completeness before releasing payments.
• Ensure compliance with segregation of duties and internal control requirements.

5. Intercompany (IC) Payment and Reconciliation

• Process intercompany fund transfers and settlements accurately and on schedule.
• Perform monthly reconciliation of intercompany balances.
• Coordinate with affiliate finance teams to investigate and resolve reconciling differences.
• Ensure intercompany balances are accurately reflected in both subsidiary and general ledger accounts.

6. Cash Flow Management

• Prepare weekly and monthly cash flow forecasts.
• Monitor actual cash inflows and outflows against forecast.
• Coordinate with Accounts Receivable, Accounts Payable, Payroll, and General Ledger teams to ensure forecast accuracy.
• Identify potential cash shortages or excess funds and communicate recommendations to management.

7. Treasury Controls and Compliance

• Ensure treasury transactions comply with company policies, internal controls, and financial procedures.
• Maintain complete documentation supporting treasury activities.
• Assist during internal and external audits by providing treasury-related schedules and documentation.
• Support continuous improvement initiatives for treasury processes and payment automation.

8. Reporting

Prepare treasury reports including:

• Daily cash position reports
• Cash flow forecast reports
• Intercompany reconciliation schedules
• Provide analysis of cash movements and significant variances to management

Qualifications:

• Bachelor’s degree in Accountancy, Finance, or related field.
• CPA designation is an advantage.
• Minimum of 2–4 years of experience in Treasury, General Accounting, or Cash Management.
• Experience using ERP systems (e.g., Microsoft Dynamics 365, SAP, Oracle, or similar).
• Strong understanding of bank reconciliations, cash management, payment processing, and intercompany accounting.
• Advanced Microsoft Excel skills.
• Excellent analytical, organizational, and communication skills.
• High attention to detail and ability to work under tight deadlines
• Accuracy and attention to detail
• Analytical and reconciliation skills
• Excellent customer service and communication skills.
• Integrity and accountability
• Teamwork and collaboration

URGENT HIRING:

-We will prioritize applicants who can start ASAP

WHO WE ARE

NNIT is a leading provider of IT solutions to life sciences internationally, and to the public and enterprise sectors in Denmark.

We focus on high complexity industries and thrive in environments where regulatory demands and complexity are high.

We advise on and build sustainable digital solutions that work for the patients, citizens, employees, end users or customers.

We strive to build unmatched excellence in the industries we serve, and we use our domain expertise to represent a business first approach – strongly supported by a selection of partner technologies, but always driven by business needs rather than technology.

NNIT consists of group company NNIT A/S and subsidiaries SCALES, Excellis Health Solutions and SL Controls. Together, these companies employ more than 1,700 people in Europe, Asia and USA.

NNIT Philippines

NNIT Philippines builds on a decade of experience, and has a reputation for developing high quality enterprise level software solutions and support as a Microsoft Gold Certified Partner.

NNIT Philippines is an integrated part of NNIT's global IT service delivery, including specializations in the development and maintenance of enterprise and eGovernment software solutions as well as IT infrastructure operations including network and server operations for NNIT's customers around the world. The Manila based delivery center is part of NNIT's 24/7 Global Operations Centre setup and delivers services in close cooperation with NNIT's other centers in Denmark, China and the Czech Republic.

On top of the statutory benefits stipulated by the local law, NNIT DLSP employees enjoy the following benefits upon joining:

• Competitive compensation
• 13th month pay
• Performance bonus (discretionary)
• Rice subsidy
• Clothing and laundry allowance
• Medical allowance (Employee and Dependent)
• HMO (Employee and Dependent/s)
• Life insurance
• Vacation leaves and sick leaves
• Emergency loan
• Year-end gift
• Wedding gift
• First baby gift
• Breakfast once a week
• Fruits, snacks / well-stocked pantry
• Hybrid set up

Notes:

1. By applying to this job ad, you acknowledge and agree for your information to be collected by NNIT. Rest assured, any information you share will only be used for recruitment/hiring purposes.

2. This position is available only to those with current authorization to live and work in the Philippines.