Manager, Investment

To lead and manage the unit in the Investment, Debt and Risk Management activities to ensure compliance to regulations and PLUS Malaysia Bhd (“PMB”) Group’s policies whilst at the same time optimising profitability and minimise costs.

Key Responsibilities

Manage a broad range of Treasury functions which include fund management of the Group’s RM4.2billion reserves, capital managements, foreign exchange transactions, bank facilities and debt management.

• Lead and supervise the daily investment activities of a team dealers within PMB Group, which is managing the fund size of RM4.2 Billion.
• Secure banking facilities (loans, overdraft, forex and trade facilities) to support the Group’s operations.
• Facilitate in investment related tax issues and accounting standard compliance
• Provide sound capital management solutions for all subsidiaries by advising on the structures and its implications.

Debt Management and compliance to loan covenants

• Manage the operations of all sukuks and loans of PMB Group, which includes periodic repayments and reporting to senior management / UEM / EPF / trustees / governments, etc.
• Ensuring each company’s compliance to all sukuks and loan covenants which is partly monitored through the obligation checklist.

Determine the liquidity needs/funding requirement of the companies and managing their cash flows.

• Cash flow monitoring initiatives for all companies within the Group to ensure funding requirement is met and plans for surplus cash.
• Advice on new projects financing, track fund requirements and assist in dynamic cash flow projections.

Develop and implement strategic initiatives in relation to Treasury operations and policies.

• Drive process improvement to streamline investment process and other new treasury project development to support company’s KPIs.
• Drive change in systems for both technology and work solutions to improvise treasury processes (e.g. COMPASS – Treasury Management System)

Issuance of new Private Debt Securities for companies under PMB Group

• Liaise with banks/legal firms for the issuance of the Group’s Sukuk- AAA and GG
• Arrange for legal documentation of financing/treasury transactions in coordination with Legal Dept, banks and trustees.

Analyse risk return profile of investment and new investment opportunities

• Identify the type of investment opportunities that have market potential that match the group’s strategies.
• Oversee the credit assessment process of counterparties to ensure the Group’s investment are safe and secured

Manage and maintain relationships with the banks, government agencies and regulatory bodies

• Ensure timeliness and accuracy of the various reports sent to the Group, authorities and Bank Negara Malaysia.
• Establish good rapport through regular meetings/contacts with all relevant parties to ensure smooth operation of department and to gauge feedback on our services

Monitor and plan the process flow of Investment and Back Office/Settlement to ensure smooth process flow. (This relates to PMB, PLUS Berhad, and LPT2)

• Verify daily cash position scheduled for investment purpose and to ensure all transactions are settled before day end.
• Plan and monitor CCOMS - Daily Toll Revenue to avoid delays in determining amount of funds available.
• Plan and monitor dealing transactions/approvals are as per the Company’s DAL and Treasury Policy Statement.
• Plan and organise team members to send the original LOI/placement letters to the banks on the day (or as required) after dealing to ensure meet banking practices, investment transactions are conducted between 9.30 am to 12.00pm.

Review and verify all the GLIFs reporting into General Ledger and to ensure it meet the date line submission of report set by Accounting.

• Monitor the team members to identify optimal issues through appropriate formal discussion with Accounting Department to ensure suitable deadline for submission of GLIFs.
• Verify and check the accuracy of weekly/monthly/quarterly reports (GLIFs for interest income, funds transfer, adjustment entry etc.) in order to achieve targeted zero error in journal input.
• Plan and control timely submission of reports/GLIFs to relevant parties and Accounting as per set deadlines to meet the set deadline submission of Company’s Financial Statement by top management.

Review and check the Treasury Toll Revenue System “TTRS” and Cash Management to ensure the system is running smoothly.

• Monitoring of daily ETC and RFID transaction and to ensure amount remitted by TNGSB before 3.00PM daily to improve cashflow management and minimise idle funds under Toll Revenue Account.
• Monitor and organise that CASH toll collection are accounted for and promptly banked into correct accounts which are subject to the arrangement for deposit of cash by CMS Company i.e Securiforce and follow-up on any discrepancies to ensure bank accounts are not in overdrawn.
• Monitoring of ETC and RFID transactions and periodically reconcile between revenue declared by TNGSB against actual revenue remitted and follow-up on any discrepancies.
• Monitoring of Toll CASH collection and periodically reconcile between revenue banked- in against ETOF System and follow-up on any discrepancies with relevant parties.
• Monitor and organise that all ETC/RFID and CASH collection are accounted for and promptly reported via TTRS and will then integrate into Oracle GL.
• Plan and organise team members to identify all discrepancies between collected and actual amount banked-in at the detailed level to arrive at relevant items that can be recognised in the Oracle GL.
• Resolve and highlight any toll revenue discrepancy occurs after amount banked-in to the relevant parties.

Review and check automated bank reconciliation statement report via Oracle Cash Management System to ensure all accounts are reconciled accurate and timely manner.

• Check and verify the accuracy of weekly/monthly automated bank reconciliation statement to ensure all accounts are reconciled and any discrepancies of more than RM10K is to be investigated and resolved within 24 hours as well as to improve managing cash and cash book transaction.
• Plan, organise and monitor that all monthly bank reconciliation statement must be completed by the 7th working days of the following month for easy tracking any error transaction in bank or GL.
• Monitor subordinate to follow-up the unrecognized amounts to ensure not more than one
• (1) month outstanding items appear in bank recon.
• Plan and organise the improvement and monitoring of Oracle Cash ManagementSystem bank reconciliation to ensure initial targets and expectations are fully met to achieve unit objective.

Risk Management of Treasury operations

• Monitor the risk factors affecting the Treasury operations and propose ways to mitigate that via the company’s risk register.
• Ensure compliance to accounting standards and disclosure to regulatory bodies for all treasury and investment activities.

Others

• Provide decision support to senior management through analysis and review of agreements, market/economics data and trends.
• Supervise and provide guidance to subordinates to achieve the company’s targets as well as for their career development.

Qualifications

• Bachelor’s Degree/Professional Certificate in Finance/Accounting/Economics
• At least 7 years working experience in related field and 3 years in supervisory position

Interested candidates, please submit your CV to roslinda.ismail@plus.com.my. Only selected candidates will be contacted.