Treasury Assistant

MGM Motor Trading Inc.; Pasig; On-site; PHP 180,000 - 240,000; Full time

Job summary

MGM Motor Trading Inc. seeks entry-level Treasury Clerk to support the preparation, processing, and release of checks, and to coordinate with the accounting team on approvals and documentation. The role involves daily cash handling, reconciliations, and maintaining treasury records in TFMS.

The successful candidate will assist in foreign currency dealings, bank communications, and basic administration, with fresh graduates welcome to apply and on-the-job training provided.

Qualifications

• Bachelor's degree in financial management, accounting management, or any business-related course.
• Fresh graduates welcome; no prior work experience required.

Responsibilities

• Assist in preparation, processing, monitoring, and release of checks with accurate supporting documents.
• Coordinate with Accounting Department and signatories on check preparation, approval, and release.
• Maintain accurate records and monitoring logs of issued and released checks with proper recipient acknowledgment.
• Review and reconcile daily cashier collections against bank deposit reports for accuracy.
• Coordinate with banks on foreign currency exchange rates and monitor daily currency movements.
• Assist in foreign currency purchases and prepare documentary requirements for bank accounts and loans.
• Record and post cash flow transactions in the TFMS.
• Serve as reliever cashier by handling customer payments via cash, checks, credit/debit cards.
• Issue official receipts and ensure accuracy of payment transactions.
• Perform daily cash counts, reconciliation, and bank deposit slips; prepare daily cash receipt reports.
• Monitor security of cashier's change fund and maintain petty cash administration.
• Monitor office supplies inventory and process replenishments.
• Provide admin and secretariat support including minutes and action-item tracking.
• Safeguard treasury documents, bank records, passbooks, and confidential financial records.
• Perform other treasury-related duties as assigned.

Education

Bachelor's Degree in Financial Management, Accounting Management, or any business-related course

Tools

TFMS

Job description

DUTIES AND RESPONSIBILITIES

• Assist in the preparation, processing, monitoring, and release of checks, ensuring accuracy and completeness of supporting documents.

• Coordinate with the Accounting Department and authorized signatories regarding check preparation, approval, and release.

• Maintain accurate records and monitoring logs of issued and released checks, including proper documentation and acknowledgment of recipients.

• Review and reconcile daily cashier collections against bank deposit reports to ensure accuracy and completeness.

• Coordinate with banks regarding foreign currency exchange rates and monitor daily currency rate movements.

• Assist in foreign currency purchases and prepare documentary requirements for bank account opening and loan applications or renewals.

• Ensure timely recording and posting of cash flow transactions in the Treasury Fund Management System (TFMS).

• Serve as reliever cashier when necessary by receiving and processing customer payments through cash, checks, credit cards, and debit cards.

• Issue official receipts and other applicable collection receipts and ensure the accuracy of payment transactions.

• Perform daily cash counts, collection reconciliation, preparation of bank deposit slips, and daily cash receipt reports.

• Monitor and maintain the security and availability of the cashier's change fund.

• Assist in the administration and liquidation of petty cash funds in accordance with company policies.

• Monitor office supplies inventory, process replenishment requests, and maintain proper utilization of department supplies.

• Provide administrative and secretariat support, including meeting preparation, documentation, minutes-taking, and monitoring of action items.

• Maintain and safeguard treasury documents, bank records, checkbooks, passbooks, and other confidential financial records.

• Perform other treasury-related and administrative duties as may be assigned by the immediate supervisor

QUALIFICATION STANDARDS

• Education: Bachelor's Degree in Financial Management, Accounting Management, or any business-related course.

• Work Experience: No prior work experience required; fresh graduates are welcome to apply.