Treasury Executive

Midea Electric Trading (Singapore) Co. Pte Ltd; Singapore; On-site; SGD 45,000 - 65,000; Full time

Job summary

A leading company in home appliances is seeking a Treasury Operations incumbent to manage daily treasury functions and participate in Treasury System development. This role offers exposure to financial operations, requiring a Bachelor's degree in Finance or related fields, with training provided for candidates with less experience.

Qualifications

• Bachelor’s degree or higher in Finance/Accountancy/Banking required.
• Internship experience in treasury is welcomed.
• Proficient in MS Word and Excel.

Responsibilities

• Perform daily treasury operations like TT remittance and bank account management.
• Assist in Bank Credit Facility management and document issuance.
• Coordinate settlement of FX derivatives with domestic FX team.

Skills

Communication

Multi-tasking

Education

Bachelor’s degree in Finance/Accountancy/Banking

Tools

MS Word

Excel

Job description

About Midea

Founded in 1968, Midea Group is one of the world’s largest home appliance brands, offering the most comprehensive selection of products in the world to fully serve the needs of day-to-day living at home, at work, or anywhere else you go. Midea's exceptional manufacturing volume and quality standards, coupled with a diverse product range, offer consumers an appealing portfolio of products that can help you "make yourself at home".

About the Role

The incumbent is responsible for operating settlement transactions like TT Remittance, LC Collection/Forfaiting, assist the AR Financing and FX currency conversion to support China PDs’ export business

He or she will also participate in Treasury System development segments like specifying user requirements, creating workflow chat, conducting UAT to improve efficiency of daily operations, as well as participating in the identification process of appropriate cash/trade products from banks to introduce to daily operations.

Work Hours: Mon-Fri, 9am-6pm

Office Location: 158 Cecil Street

Responsibilities

• Perform daily treasury operational matters such as TT remittance, LC, Collection and assist AR Financing;

• Manage company's bank accounts, approval matrix and dealing with daily Bank Journal & monthly Bank Statement Reconciliation;

• Assist the management of Bank Credit Facility, periodically update the latest information and issue Bank Guarantee/Comfort Letter when needed;

• Assist domestic FX team to coordinate the settlement of FX derivatives;

• Other ad-hoc duty related to treasury matters assigned by superior.

Requirements

• Candidate should possess a Bachelor’s degree or higher in Finance/Accountancy/Banking or equivalent;

• Candidates with some internship treasury-related experience are welcome to apply as training is provided.

• Proficiency in MS Word and Excel;

• Good communication skills;

• Ability to multi-task and work independently with minimal supervision;

• Team player, meticulous and responsible in closing the task that assigned;

• AbletoworkinregionalworkingenvironmentandcommunicatewithChinesespeaking(non-Englishspeaking)vendorsandcounterparts.