Purpose of role Unilever Malaysia Holdings is recruiting an Assistant Treasury Manager reporting directly to the Financial Controller The successful candidate will have opportunities to work with the local business team as well as Global Treasurer regarding strategic initiatives on cash and forex exposure management This is a role with visibility of business processes particularly in Finance and Treasury function interaction with various stakeholders across Unilever and provides an excellent learning ground for the individual to strive and succeed Key Responsibilities Forex exposure managementMonitor and manage forex exposure and hedging activity Incorporate market insights on Forex trends into hedging decisions Continuously improve on aforecast basis of hedging and provide hedging analytic Responsible for observing Forex limits and ensuring compliance with global treasury policies Ensure all transactions are completed in accordance with the Schedule of Authorities and are properly documented Ensure Unilever and rsquo s financial assets are safeguarded and used efficiently These include Plan for short medium and long-term cash and funding requirements Evaluate opportunities to maximize long-term returns on excess liquidity Prepare forecast of cash flow positions related borrowing needs and available funds for investment Lead and work with Regional Global Treasury to ensure adequate facilities are available to meet existing and future business funds requirements Ensure accurate and timely internal reporting for both statutory and internal reporting of the Treasury function These include Manage an offshore team for Treasury related activities Prepare review Treasury related journals i e interest charges bank charges deposits and fund transactions Forex differences arising out of settled Forex contracts settlement of payments and collections revaluation and mark to market on open Forex contracts Analyze and ensure timely completion of Treasury reports i e Forex exposures currency trends Cash Forecast actual cash flows hedging requirements Maintain policies and procedures that impose an adequate level of control over treasury operations These include Responsible for the Treasury Policy compliance and aligning to the Global Model Responsible for liaising with audit teams on SOX Corporate and external audits for all treasury areas Lead monthly reviews with offshore team to ensure quality delivery of outsourced operations and to progress on the agreed continuous improvement initiatives to deliver best in class process Essential Experience Skill Knowledge First-level university degree in Finance and Accounting ACCA or equivalent Minimum 5 to 7 years related experience in finance or banking industry corporate treasury Desirable Experience Skill Knowledge Basic knowledge of the legal and regulatory environment as it relates to treasury activities Strong basic financial and business acumen Highly numerate and analytical skill Working knowledge in SAP is preferred Familiarity with Microsoft Office tools particularly Excel and PowerPoint
Type : Company job
Role : Senior Executive
Industry : Consumer Products/FMCG
Salary : Not Disclosed
Great products from our range of more than 400 brands give us a unique place in the lives of people all over the world. When consumers reach for nutritionally balanced foods or indulgent ice creams, affordable soaps that combat disease, luxurious shampoos or everyday household care products, there’s a good chance the brand they pick is one of ours. Seven out of every ten households around the world contain at least one Unilever product, and our range of world-leading, household-name brands includes Lipton, Knorr, Dove, Axe, Hellmann’s and Omo. Trusted local brands designed to meet the specific needs of consumers in their home market include Blue Band, Pureit and Suave.
Whatever the brand, wherever it is bought, we’re working to ensure that it plays a part in helping fulfil our purpose as a business – making sustainable living commonplace.