Assistant Manager, Treasury

Job Description

HRSG - Innovative Business Solutions is currently hiring for the following position for one of its clients.

Position: Assistant Manager Treasury 
Industry: Multinational Textile Sector
Location: Karachi (SITE Area)
Job Type: Yearly Contract (HRSG)
No of Position: 01

Job Responsibilities:

• To extract TFB sheet to check due invoices for payment processing
• To match outstanding invoices before payment - SAP & TFB
• Weekly updating of e-treasury portal by using TFB working sheet LC/IBC advices verification.
• To verify whether the correct commission is being charged by SCB on LC/IBC contract opening.
• Coordination with Tax team for submission of applicable taxes on outward Payments.
• Monthly review of utility payments to bank
• Twice payment run review and special payment run as and when required Bank corresponding.

Qualification:
BBA/MBA Finance, Part qualified ACCA , CA

Experience:
04 to 05 years of relevant experience in treasury, reporting and banking coordination.

Responsibilities
 

Responsibilities:

 

• Import payments rate negotiation
• To extract TFB sheet to check due invoices for payment processing
• To match outstanding invoices before payment - SAP & TFB
• Daily communication with SCB for best rate negotiation for import related invoices
• To verify whether the correct commission is being charged by SCB on LC/IBC contract opening.
• To discuss with the bank in case of differences.
• To discuss with the bank in case of differences.
• Shirley technology yearly payment for both plants separately.
• Worldly holding yearly payment.
• Coordination with Tax team for submission of applicable taxes on outward Payments.
• Quarterly payment of Royalty
• Extension in Acknowledgment of Royalty agreemen
• New user's addition as per requirement CMO/Trade.
• Coordination with S2B team for any certificate validation or any other updating at month end profit on sweep to be verified as the correct rate is incorporated by SCB.
• Coordination with departments for data requirement.
• To forecast dividend and royalty amount on the basis of sales forecast.
• General accounting
• Petty cash review
• Credit card payment review
• Monthly review of utility payments to bank
• Twice payment run review and special payment run as and when required

Job Skills