Treasury Manager

Unioil Petroleum Philippines, Inc.; Metro Manila; On-site; PHP 1,800,000 - 3,000,000; Full time

Job summary

Unioil Petroleum Philippines, Inc. is seeking a Treasury Manager to oversee cash management and forex trading, optimize liquidity, and lead the treasury team. The role reports to the CFO and collaborates with banks and IT partners to implement cash management solutions.

The ideal candidate has a Bachelor's in Accountancy/Finance, 5–7 years in treasury with supervisory experience, strong Excel skills, and experience with treasury systems and ERP platforms. CPA is a strong advantage.

Qualifications

• Bachelor's degree in Accountancy or Finance; CPA advantageous.
• 5–7 years in treasury, cash management, or forex trading with at least 5 years in a supervisory role.
• Strong knowledge of cash management, forex settlement, banking products, and BSP regulations.
• Experience managing bank relationships end-to-end, including credit facility negotiation and covenant compliance.
• Experience leading or participating in treasury system/technology implementation projects with banks and IT partners.
• Proficiency in financial modeling and advanced Excel; familiarity with treasury systems and ERP.

Responsibilities

• Exercise overall supervision of the Cash Management function, consolidating and optimizing cash positions daily.
• Maximize surplus cash through sweeping, pooling, and short-term investments per policy.
• Minimize borrowing costs by optimizing funding mix and negotiating favorable bank terms.
• Review daily cash position reports, reconciliations, and cash flow forecasts.
• Prepare short-, medium-, and long-term cash flow forecasts to anticipate needs.
• Oversee forex trading to ensure deals meet verified Company requirements.
• Lead Bank Relationship function as primary contact for partner banks and financial institutions.
• Design and implement Cash Management Solutions with banks and IT partners.
• Identify, monitor, and mitigate treasury risks including liquidity, interest rate, FX, and counterparty risk.
• Mentor Treasury staff and support professional development.

Skills

Treasury management

Cash management

Forex trading

Financial modeling

Advanced Excel

Education

Bachelor's degree in Accountancy/Finance

CPA (preferred)

Tools

Treasury management systems

ERP platforms

Banking products & facilities

Job description

About the role

The Treasury Manager is responsible for the overall supervision of the Company's Cash Management function and forex trading transactions, ensuring that cash resources and returns are maximized while the cost of borrowings and forex losses are minimized. The role leads the Bank Relationship function, drives Cash Management Solutions and systems projects with banks and IT partners, and leads, supervises, and mentors the Treasury team, providing the CFO with timely, accurate reporting to support sound financial decision-making.

Key responsibilities

• Exercise overall supervision of the Cash Management function, ensuring cash positions across all bank accounts and business units are monitored, consolidated, and optimized daily.

• Ensure surplus cash is maximized through timely sweeping, pooling, and placement in appropriate short-term investment instruments, consistent with Company policy and risk appetite.

• Ensure the cost of borrowings is minimized by optimizing the funding mix, negotiating favorable terms with banks, and timing drawdowns/repayments to reduce interest expense.

• Review and approve daily cash position reports, bank reconciliations, and cash flow forecasts prepared by the treasury team.

• Prepare and regularly update short-, medium-, and long-term cash flow forecasts to anticipate funding needs and surplus cash positions.

• Exercise overall supervision of forex trading transactions, ensuring that all forex deals entered into correspond to actual, verified forex requirements of the Company.

• Lead the Bank Relationship function, serving as the primary point of contact for the Company's partner banks and financial institutions.

• Lead the design and implementation of Cash Management Solutions projects, working directly with partner banks and with internal and external IT partners.

• Identify, monitor, and mitigate treasury-related risks, including liquidity risk, interest rate risk, foreign exchange risk, and counterparty risk.

• Lead, supervise, and mentor Treasury staff, ensuring their professional growth and development are maintained at all times.

About you

• Bachelor's degree in Accountancy, Finance, or a related field; CPA a strong advantage.

• At least 5–7 years of relevant experience in treasury, cash management, and/or forex trading, preferably in the oil/energy, trading, or manufacturing industry, with at least 5 years in a supervisory capacity.

• Strong knowledge of cash management systems, forex trading and settlement processes, banking products, credit facilities, and Philippine banking/BSP regulations.

• Demonstrated experience managing bank relationships end-to-end, including credit facility negotiation, renewal, and covenant compliance.

• Prior exposure to leading or participating in cash management systems/technology implementation projects, coordinating with banks and IT partners, is a strong advantage.

• Proficient in financial modeling and spreadsheet analysis (advanced Excel); experience with treasury management systems and ERP platforms is a plus.

• Strong analytical, negotiation, and communication skills, with the ability to present recommendations clearly to senior management.

• Demonstrated people-management skills, with a track record of mentoring and developing treasury staff.

• High level of integrity and sound judgment in handling confidential financial information and Company funds.