Treasury Assistant

Field Outsource Asia Inc.,; Makati; On-site; PHP 334,800 - 558,000; Full time

Job summary

A financial services company located in Makati is seeking a skilled individual for Treasury management. The successful candidate will have a Bachelor's degree in Accounting and at least one treasury experience. Responsibilities include ensuring compliance with treasury policies, monitoring cash positions, and preparing key financial reports. Excellent organizational and communication skills are essential. This role contributes to effective cash management and reinforces internal controls within the organization.

Qualifications

• Solid understanding of basic accounting principles and practices.
• At least one Treasury experience.
• Excellent organizational and communication skills.

Responsibilities

• Ensure compliance with company treasury policies and internal control requirements.
• Monitor daily cash positions and bank balances across all company bank accounts.
• Review payment summaries and verify correctness of payment details.
• Maintain complete records of payment approvals and bank confirmations.
• Prepare treasury-related reports such as cash position and payment funding status.

Skills

Accounting principles

Organizational skills

Communication skills

Treasury management

Education

Bachelors Degree in Accounting or any finance related course

Job description

Job Requirements

• Bachelors Degree in Accounting or any finance related course
• Solid understanding or basic accounting principles and practices
• At least one Treasury experience
• Excellent organizational and communication skills
• Near Poblacion Makati

Responsibilities

• Internal Controls and Compliance
• Ensure compliance with company treasury policies, accounting procedures, and internal control requirements
• Ensure all treasury transactions are properly authorized, documented, and supported
• Perform an independent verification of payee names, bank account numbers, and payment details prior to endorsement
• Maintain strict confidentiality over bank accounts, cash positions, and sensitive financial information
• Cash Management and Liquidity Monitoring
• Monitor daily cash positions and bank balances across all company bank accounts
• Ensure sufficient funds are available to meet operational and payment requirements
• Prepare daily or periodic cash position and liquidity reports for management reviewMonitor projected cash inflows and outflows to support effective cash planning
• Payment Review, Endorsement, and Bank Transactions
• Receive consolidated and approved-for-payment summaries and attachments from the Senior Accountant
• Review payment summaries and supporting documents for completeness and consistency
• Verify correctness of payee names, bank account details – ensuring it matches the Electronic Fund Transfer Form, payment amounts, and approved payment methods
• Endorse payment summaries and attachments to the Accounting Manager for final review and approval
• After final approval, fund and release payments through the bank system based on approved instructions
• Execute bank transfers, check releases, and online payments accurately and on time
• Maintain complete records of payment approvals, endorsements, and bank confirmations
• Prepare and issue payment advice & Form 2307 to vendors to confirm settlement of obligations
• Bank Account Administration
• Maintain and monitor all company bank accounts and banking platforms
• Coordinate with banks regarding account maintenance, documentation, and transaction issues
• Assist in opening, modifying, or closing bank accounts upon management approval
• Safeguard bank access credentials and ensure proper use of banking systems
• Accounts Receivable Monitoring and Collection Support
• Monitor accounts receivable balances and aging schedules on a regular basis
• Track customer collections and ensure timely identification of received payments
• Follow up with internal departments regarding overdue accounts
• Coordinate with Sales, Accounting, and Management on collection status and issues
• Escalate potential collection risks and significant overdue balances to management
• Reconciliation and Coordination with Accounting
• Coordinate with the Senior Accountant on bank reconciliations and cash-related discrepancies
• Ensure all cash receipts and disbursements are fully and accurately recorded in the accounting system
• Provide complete supporting documents for bank movements and treasury transactions
• Assist in resolving reconciling items related to cash and accounts receivable
• Reporting and Month-End Support
• Prepare treasury-related reports such as cash position, payment funding status, and collection summaries
• Provide cash availability and receivables updates to management on a regular basis
• Support month-end and year-end closing activities related to cash and receivables
• Provide schedules and documentation required for audits and management review
• File Maintenance
• Update both digital and hard copy files, ensuring consistency and completeness
• Safeguard all payment-related records to meet internal policies, audit requirements, and government regulations (A/Rs and or O/Rs)
• Process Improvement and Other Responsibilities
• Identify opportunities to improve treasury controls, payment security and efficiency
• Assist in implementing approved improvements to treasury and collection processes
• Perform other treasury or finance-related tasks as assigned by management
• Other Duties
• Perform other related tasks and responsibilities as may be required by management
• Carry out directives and special assignments as requested by management to support overall business objectives