Treasury Specialist

To make a difference with us, all you need to do is bring your human best.

Department: Group Treasury

Location: BGC, Taguig
Reporting to: Treasury Manager

WHAT IS THIS POSITION ABOUT?

To assist the Treasury Manager in the area of treasury reporting and analysis through: (1) preparing financial forecasts; (2) preparing market/regional/global requirements for financial reporting; (3) monitoring and controlling of cash flow; and (4) assisting in financial operations.

WHAT WILL YOU DO?

Local Entity Financing (3 entities)

1. Responsible for the preparation of the 12-months rolling cash flow forecast. This includes data gathering, validation, consolidation, identifying variances/reasons for variances from previous cycle and flagging of insufficient/surplus cash.
2. Responsible for preparing the weekly cash flow forecast and providing recommendations on the cash and debt position of the entity.
3. Responsible for the preparation of the monthly variance analysis of prepared monthly forecast versus actuals.

Local Bank Relationships

1. Monitoring of collections transactions with banks that are ADB-based pricing. Recommend updates in ADB requirements based on the latest trends of collections.
2. Review of bank balances and rates, then provide recommendations to manager for potential short-term investment opportunities.
3. Negotiate best rates for loans and FX transactions per transaction.

Treasury Reporting

1. Preparation of monthly submissions of BS forecast to FX team. Handle and align variance queries and response with manager.
2. Support in the preparation of reports of Treasury activities (such as Local Quarterly Treasury Updates, Monitoring of Collections Transactions, CMS Performance etc.).

Treasury Operations

1. Manage daily cash operational requirements.
2. Preparation of internal and bank requirements for loans, funds transfers, FX purchase, SBLC and other transactional banking needs.
3. Bank account and users maintenance which includes securing internal approvals, coordination with legal and banks.
4. Handle internal compliance requirements (such as SBLC control, Treasury related JSOX, etc.) and external audit requirements (such as BSP, BIR and Deloitte related requests relating to Treasury transactions).
5. Handle new Cash Management Solutions Projects and monitoring/review of previously implemented ones.
6. Support stakeholder (i.e. branch finance, GBS) requests and queries relating to Treasury operations, this includes endorsing user queries to bank.

WHO ARE WE LOOKING FOR?

• University degree with Business Related Course
• At least 3-5 years professional experience in multinational FMCG company in similar role
• Fluency in English and Tagalog

Functional Skills:

• Good understanding of the business operations.
• Good understanding of the accounting principles.
• Maintain good working relationship with business partners.
• Good understanding of JTI Operating Guidelines, Policies & Procedures.
• Good communication and analytical skills.

Are you ready to join us? Build your success story at JTI. Apply now!

Next Steps:

After applying, if selected, please anticipate the following within 1-3 weeks of the job posting closure: Phone screening with TA > Assessment tests > Interviews > Offer. Each step is eliminatory and may vary by role type.

At JTI, we strive to create a diverse and inclusive work environment. As an equal-opportunity employer, we welcome applicants from all backgrounds. We are committed to providing reasonable adjustments to applicants with special needs. If you require any accommodations, please let the Talent Advisor know during the selection process.