Assistant Manager, Treasury

Job Description

Job Purpose

The Assistant Manager, Treasury is responsible for supporting the organization's treasury operations by managing daily cash flow, banking relationships, payment processes, liquidity, and financial risk. The role ensures sufficient funding for business operations while maintaining strong internal controls, compliance with company policies, and continuous process improvements.

Key Responsibilities

• Cash Flow & Liquidity Management

Prepare and monitor daily cash position reports.

Manage daily funding requirements across multiple bank accounts and legal entities.

Prepare weekly, monthly, and quarterly cash flow forecasts.

Monitor cash inflows and outflows to ensure adequate liquidity.

Optimize utilization of available cash and minimize idle balances.

• Treasury Operations

Manage daily treasury activities including fund transfers and intercompany funding.

Review and monitor payment schedules based on cash availability.

Ensure timely execution of payroll, supplier, tax, statutory, and loan payments.

Coordinate with Accounts Payable, Accounts Receivable, and Business Units on payment planning.

Monitor settlement activities and investigate unmatched transactions.

• Banking Relationship Management

Maintain relationships with banking partners.

Coordinate bank account opening, closure, and maintenance.

Manage internet banking administration, user access, and security controls.

Coordinate updates to bank authorized signatories.

Review bank charges and identify cost-saving opportunities.

• Financial Risk Management

Monitor foreign exchange exposures.

Support execution of FX spot, forward, and hedging transactions.

Monitor interest rates and recommend investment opportunities for surplus funds.

Ensure treasury activities comply with Treasury Policy and Risk Management Framework.

• Treasury Reporting

Prepare treasury reports for management.

Analyze cash flow trends and funding requirements.

Prepare reports on: Daily cash position, Cash forecast variance, Banking facilities utilization , Foreign exchange exposure etc

• Process Improvement

Identify opportunities to automate treasury processes.

Improve cash forecasting accuracy.

Enhance payment and bank reconciliation processes.

Participate in treasury system implementation and enhancements.

Develop and maintain treasury SOPs.

• Compliance & Governance

Ensure compliance with internal controls and company policies.

Maintain complete documentation for treasury transactions.

Support internal and external audits.

Ensure compliance with banking regulations and loan covenants.

• Team Leadership

Supervise treasury executives.

Review work completed by team members.

Provide coaching and technical guidance.

Allocate daily responsibilities and monitor performance.

Promote continuous learning and process improvements.

Qualifications

Bachelor's Degree in Finance, Accounting, Banking, Economics, or a related discipline.

Professional qualification (ACCA, CPA, CFA, or equivalent) is an advantage.

5–8 years of treasury, finance, or banking experience.

Experience in a multinational corporation is advantage.

Technical Skills

Cash flow forecasting

Treasury management

Banking operations

Foreign exchange management

Liquidity management

Financial analysis

ERP systems (Oracle, SAP, Microsoft Dynamics, etc.)

Advanced Microsoft Excel

Treasury Management Systems (TMS) experience is an advantage

Soft Skills

Strong analytical and problem-solving skills

Excellent attention to detail

Good communication and stakeholder management

Ability to work under pressure and meet deadlines

Strong organizational and planning skills

Leadership and coaching capability

High level of integrity and professionalism

We are all different - one talent to another - that is how we rely on our differences. At AirAsia, you will be treated fairly and given all chances to be your best.We are committed to creating a diverse work environment and are proud to be an equal opportunity employer.

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