Company :
Sime Darby Auto Bavaria Sdn. Bhd.To assist, monitor and support the running of the treasury operation within the entire Motors Malaysia businesses and the compliance to the Group Treasury framework.
Job Description:
Daily Funding:
To attend to Operating Units for funds request for payments
To obtain daily bank balances of all bank accounts for all Operating Units and to execute funds transfer from one account to another
To ensure the bank balance of each bank account is maintained at minimal level
To do placement for any excess cash in the bank account especially for none wholly owned subsidiaries
To monitor the funds movement to ensure fund transfers are executed within the bank cut-off time
Borrowings:
To prepare and create documentation for external borrowings i.e. Bankers Acceptance and Revolving Credit as and when funds are inadequate
To negotiate and get the best rates from bank for external borrowings
To monitor intercompany loans between the parent company and subsidiaries to ensure the movement is within the limit
Financial Instruments:
To raise application of Letter of Credit and Bank Guarantee for Operating Units within timeframe
To maintain Letter of Credit Register and Bank Guarantee Register to ensure easy monitoring
To notify Operating Units on Bank Guarantee near to its expiry on a monthly basis
Hedging:
To execute hedging requests submitted by Operating Units
To negotiate and get the best rates from banks for hedging
To maintain hedging worksheet list to ensure outstanding foreign currency exchange contracts are settled on the maturity date
Journal Entries:
To raise journal for transactions performed in daily funding
To send out journals to Operating Units and to indemnify any issues arisen from journals raised
To take prompt action in journal should there be any outstanding items transacted by Treasury in bank reconciliation
Documentation:
To deal with despatches from Operating Units to ensure documentation to/from Operating Units are received on a timely basis
To arrange filing such as for monthly bank statement, bank advice and journal to ensure easy monitoring in documentation
Ad-Hoc Matter:
As and when as required by superior such as preparation of documentation for opening of new bank account
Job Requirements:
Education / Professional Qualification
A recognized degree in Accounting, Finance or equivalent professional qualification
Professional Experience
Minimum 1-2 experience in treasury functions
About us :
Sime Darby Motors is the automotive arm of Sime Darby Berhad and is involved in the retail, distribution and assembly businesses. It has operations in nine markets across the Asia Pacific region. With over 40 years of experience, Sime Darby Motors is a major industry player in the Asia-Pacific region. Sime Darby Motors currently represents 30 brands, ranging from luxury brands (such as BMW, McLaren and Rolls Royce) to various mass market brands like Ford, Peugeot and Hyundai, and trucking names like Hino and Mack.
Skills Required
- Recognized degree in Accounting, Finance or equivalent
- Minimum 1-2 years experience in treasury functions
What We Do
Sime is a partner of choice for the world's most admired brands in the industrial equipment and automotive sectors. We deliver sustainable value to our stakeholders through operational excellence, high performance standards and good corporate governance. Founded in 1910, Sime today has a workforce of more than 30,000 employees and a presence in 18 countries and territories across the Asia Pacific region
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