Regional Treasury Assistant Manager / Manager

LG Electronics Singapore; Singapore; On-site; SGD 50,000 - 80,000; Full time

Job summary

LG Electronics Singapore is seeking a treasury professional to provide regional treasury and banking support in line with HQ guidelines. You will manage mass payments, cash management, and foreign exchange activities, and assist subsidiaries with monthly and RTC closings.

Responsibilities include ensuring policy compliance, improving payment processes, managing cash pooling, and resolving reconciliations. Experience in back-office banking operations and strong communication skills are required.

Qualifications

• Experience in treasury and back-office support
• Knowledge of finance and banking operations
• Good communication and negotiation skills

Responsibilities

• Manage mass payment
• Handle daily cash management (bank balance, FOREX, money market borrowing, fund transfers via SWIFT)
• Support subsidiaries in monthly and RTC closing
• Conduct treasury process checks for policy compliance
• Payment/collection process improvement (warehousing, supply chain financing, dealer financing, virtual accounts)
• Manage cash pooling structure
• Investigate bank reconciliation lapses and system issues
• Check monthly mark-to-market entries and treasury product amounts
• Familiar with Quantum GTR (Global Treasury System) developed by Sungard

Skills

Cash management

Banking operations

Communication skills

Negotiation

Tools

Swift Alliance

Quantum GTR

Job description

To assist and provide treasury and banking related support to regional subsidiaries in accordance to HQ guidelines.

1. Treasury Support

• Management of mass payment
• Handle daily cash management (including bank a/c balance, FOREX (spot, forwards and swap), money market borrowing, fund transfer using Swift Alliance and deal inputs)
• Support subsidiaries in monthly closing and RTC closing
• Conduct subsidiary treasury process check to ensure compliance of company policies (SOD, Double payment, minimization of local payment, vendor registration process, etc.) and to review workflow and procedure
• Payment/Collection process improvement (check-warehousing, supply chain financing, dealer financing, virtual account)
• Manage cash pooling structure
• Investigate bank reconciliation lapse and system issue
• Check monthly mark-to-market entries and amounts of treasury product
• Familiar with Quantum GTR (Global Treasury System) developed by Sungard

2. Knowledge, skills and abilities

• At least 4~5 years of experience in Treasury preferred
• Experience in back-office support and banking operation
• Good communication and negotiation skill required
• Knowledge of finance and banking operations